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The struggle to choose the right mortgage
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Will mortgage interest rates fall in May?
If you're waiting for mortgage rates to drop, you could be in for a longer wait than anticipated. Here's why.CBS News - Top stories - Mortgage -
European carmakers struggle with falling demand
Industry faces headwinds including price wars and higher interest rates that have put off consumersFinancial Times - Business - Europe -
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
Solomon Islands chooses China-friendly ex-diplomat Jeremiah Manele as new prime minister
Move seen as continuation of Pacific country’s policy of growing closer to Beijing. Solomon Islands lawmakers have elected as their new prime minister Jeremiah Manele, a former foreign minister who has pledged to continue the Pacific country’s ...The Guardian - World -
Parents struggle to afford soaring summer camp costs
Inflation's impact has been felt in nearly every facet of U.S. consumer spending, including summer activities, with many parents saying they are unable to afford the spiking costs of summer camps. Nancy Chen has some tips on what parents can do to ...CBS News - Top stories -
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.The New York Times - Business - Federal Reserve -
How Bob Bakish, the Anti-Mogul CEO, Struggled to Rescue Paramount
The company veteran stepped down Monday with Paramount in the midst of a merger drama.The Wall Street Journal - Business -
Nigerians struggle with fuel shortages as queues form across major cities
Nigerians are struggling with an ongoing fuel shortage, the latest of a series of supply disruptions in the country where many rely heavily on public transportationABC News - World -
Marjorie Taylor Greene struggles to find GOP support for deposing Mike Johnson
Rep. Marjorie Taylor Greene is struggling to find allies in her push to oust House Speaker Mike Johnson after he put Ukraine funding to a vote.NBC News - Politics -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World
More from Financial Times
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Fed chair Powell signals that rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - Business -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - Business -
How Ukraine broke Russia’s grip in the Black Sea
Attacks on Moscow’s warships have helped to establish an export corridor that could boost Kyiv’s war effortFinancial Times - Business - Ukraine -
Rishi Sunak’s political fate hangs on results of local elections
Conservative MPs await voters’ verdict in more than 2,600 council seats and eleven mayoralties in England and WalesFinancial Times - Business