Us Car Sales Are Stronger Than A Year Ago But Rising Interest Rates Could Hit Demand
Sort by
Date
Items per page
-
Mortgage demand stalls, even as interest rates moderate
The usually busy spring housing market is underway, but mortgage demand isn't moving.CNBC - Business - Mortgage -
Lands’ End’s stock rallies as retailer posts stronger-than-expected sales
Shares of Lands’ End surpassed the $10 mark for the first time since August 2023.MarketWatch - Business -
Limits placed on removal of land from food production in England
Government restrictions come after farmers raise concerns over domestic food securityFinancial Times - World -
Putin’s Ukraine obsession has blinded him to dangers at home
The Kremlin autocrat once wanted to align with the US in fighting terrorism but is trapped in lies and paranoiaFinancial Times - World - Ukraine -
‘Lagging’ housing market, high interest rates drag on MillerKnoll’s sales
The furniture maker said that a “lagging” housing market, rising interest rates, and other headwinds contributed to lower sales.MarketWatch - Business -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
Dollar Loses Some Strength After Fresh U.S. Data
The dollar was mixed after fresh U.S. economic data, losing some of the strength it showed overnight after Fed Governor Waller said late yesterday there is no rush to cut interest rates.The Wall Street Journal - World -
Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade
The yen was partly undermined by comments from a Bank of Japan board member that the central bank would cautiously unwind its easy monetary policy.The Wall Street Journal - World -
Why Gasoline Prices Are Rising Faster Than Usual This Year
Fuel costs are once again driving inflation. Don’t panic.The Wall Street Journal - World -
US-backed Syrian force that defeated IS 5 years ago warns group still poses international threat
The U.S.-backed force that defeated the Islamic State group in Syria five years ago is warning that the extremists still pose grave dangers throughout the worldABC News - World -
There Are Already More Measles Cases in the US This Year Than All of 2023
The CDC is begging Americans to get vaccinated against measles as cases continue to rise.Wired - Tech -
This Was Village Life in Britain 3,000 Years Ago
The superbly preserved remains of a Bronze Age settlement offer a glimpse of a “colorful, rich, varied” domestic life circa 850 B.C.The New York Times - Science -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
Bankers jailed for interest rate rigging lose appeal
Tom Hayes and Carlo Palombo, convicted for manipulating a key interest rate, have had their appeals dismissed.BBC News - Top stories -
BoE rate-setter warns against rushing to cut interest rates
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’Financial Times - World -
Murder arrest at Heathrow after man hit by car
A 33-year-old man was arrested at the airport on Sunday afternoon, following the death of another man, 35.BBC News - Top stories -
Murder arrest after woman's death 31 years ago
Carol Clark, from Bristol, was found dead in Sharpness Docks in Gloucester in March 1993.BBC News - Top stories -
Fossil Trove From 74,000 Years Ago Points to Remarkably Adaptive Humans
An archaeological site in Ethiopia revealed the oldest-known arrowheads and the remnants of a major volcanic eruption.The New York Times - Science -
How Thames Water can avoid nationalisation
Without fresh equity the UK utility would have to slash costs and investment and focus squarely on cash preservationFinancial Times - Business -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom -
Cook says Fed has to move carefully before cutting interest rates
Federal Reserve Gov. Lisa Cook on Monday said the central bank needs to take a “careful approach” in deciding when to cut interest rates, but she gave few clues on the timing or size of any reductions.MarketWatch - Business - Federal Reserve -
4 times you should buy a home with interest rates high
Even with mortgage interest rates high, there are some times when it may make sense to buy. Here are four of them.CBS News - Top stories -
Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates
Federal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush” to cut U.S. interest rates.MarketWatch - Business -
Janet Yellen warns China against clean energy dumping
US Treasury secretary tells Beijing its trade practices will distort markets and harm workersFinancial Times - Business - China -
Top Fed official says ‘no rush’ on rates after ‘disappointing’ data
Progress on taming price rises ‘has slowed and may have stalled’, according to Christopher WallerFinancial Times - Business - Federal Reserve -
$75,000 for a baby? South Korean businesses float incentives as demographic crisis looms
Companies and politicians try new strategies to encourage workers to start familiesFinancial Times - Business -
Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - World -
Moderna says new Covid vaccine showed stronger immune response than current shot in study
Moderna's new shot offers the potential of a longer shelf life and is one component of its combination vaccine targeting Covid and the flu.CNBC - Business - Covid -
Trump's proposed tariffs could cost US households $1,500 per year: Report
A blanket 10 percent tariff on imported goods floated by former President Trump could cost U.S. households around $1,500 per year, a new economic analysis has found. Trump, the presumptive 2024 Republican presidential nominee, has pledged to ...The Hill - Politics - Donald Trump -
Ferrari doubles Taiwan sales as chip entrepreneurs fuel demand
Customers ‘making a lot of money’ as appetite for luxury cars outpaces China and Hong Kong, says chiefFinancial Times - Business -
Mellman: My apologies — and a rise in Biden’s approval rating
President Biden’s approval rating actually increased by 2 points in the wake of this SOTU, better than the average increase of zero.The Hill - Politics - Joe Biden -
Young girl and woman die after being hit by car
Police say they sustained serious injuries and were taken to hospital, but later died.BBC News - Top stories -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
Heard on the Street: Settlement Could Make Things Interesting at Checkout Counter
A big impact could be on the banks that issue credit cards, especially ones with chunky rewards that so many spenders love.The Wall Street Journal - World -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
How Waymo Driverless Cars Could Change Los Angeles
Autonomous taxis have arrived in the nation’s second most populous city. Some Angelenos aren’t ready to go driverless.The New York Times - Tech -
Beyoncé's 'Beyincé' sash is no mere typo: Tina Knowles offered an explanation years ago
Tina Knowles has explained that 'Beyincé,' the name emblazoned on daughter Beyonce's 'Cowboy Carter' sash, traces back to her loved ones' birth certificates.Los Angeles Times - Entertainment -
Boeing’s outgoing CEO David Calhoun got millions in extra awards just a year ago
If you want to get a fascinating insight into the crisis that has enveloped Boeing, look no further than the company’s filings relating to executive compensation — or, some might say, executive plunder.MarketWatch - Business -
The trial opened of Do Kwon, who is accused of defrauding people who bought a cryptocurrency that collapsed two years ago.
The trial opened of Do Kwon, who is accused of defrauding people who bought a cryptocurrency that collapsed two years ago.The Wall Street Journal - World -
Why Are So Many Brands Hitting the Road This Year?
Companies are going mobile to peddle mushrooms, to repair shoes, and, of course, to create content.Inc. - Business