UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this year
Read more at Financial Times
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Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - 6h -
Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - 20h -
At a Beloved Lebanese Market, the ‘Destruction Is Painful’
Israeli raids pummeled the historic souk in the city of Nabatieh, in southern Lebanon. Residents and shop owners are only beginning to come to terms with the damage.The New York Times - 2d -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - 3d -
Amazon aims to branch into UK internet market with satellite broadband plan
Proposed space launches within next two years could ultimately deliver mobile phone signal even to most remote areas. Amazon is hoping to offer a satellite broadband service in the UK within the ...The Guardian - 4d -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - 5d -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial Times - Jan. 3 -
The battered bond market starts 2025 facing some difficult issues about debt
Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.CNBC - Jan. 1 -
Kyrgios shrugs off lingering wrist pain in tight doubles loss with Djokovic
Djokovic double fault at 8-6 disastrous for star pairing Kyrgios heads home to ponder Australian Open return A fluent and upbeat Nick Kyrgios shrugged off the pain in his surgically repaired ...The Guardian - Jan. 1
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World breaches 1.5C global warming target for first time in 2024
Data for warmest year sparks fears climate change is accelerating faster than expectedFinancial Times - 8h -
The rising threat of deadly diseases jumping from animals to humans
Zoonotic pathogens very likely caused the last pandemic. Can we get better at halting them before the next one?Financial Times - 6h -
The uncomfortable truth about social media networks
It may be impossible to run an uncensored network while presenting an environment where anyone can feel safeFinancial Times - 6h -
Why everyone else can panic about rising bond yields
In the US they signal optimism while I’m loving a weaker poundFinancial Times - 6h -
Oil price hits 3-month high on strong China demand
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More in Business
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The Fed Is in no Rush to Cut Rates, Even if There Is a Weak Jobs Report
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 25m -
My wife and I passed on a family wedding due to a ‘no-child’ rule. We’re now attending a friend’s nuptials without our kids. Are we hypocrites?
“My in-laws are coming to watch our 7-year-old daughter and her 2-year-old sister.”MarketWatch - 25m -
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What the Stock Market Could Do Trump’s First Year, According to History
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Treasury yields rise ahead of payrolls report
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