Latest in Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty
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Uncertainty and Hope on the Road to and from Damascus
Thousands of Syrians have been traveling to and from the Lebanese border since the fall of Bashar al-Assad’s regime. Some families hoped to reunite with loved ones, while others are leaving amid an ...The New York Times - Dec. 10 -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - Dec. 10 -
Biden delivers remarks on his economic playbook
Watch live coverage as President Biden delivers remarks on his economic legacy and middle-out, bottom-up playbook at the Brookings Institution.NBC News - Dec. 10 -
New Koreatowns rise in US amid cleantech boom
The communities are an unintended side-effect of growing South Korean investment in the USFinancial Times - Dec. 10 -
Biden to tout economic legacy in Tuesday speech
President Biden will deliver remarks Tuesday afternoon touting his economic agenda and making the case that it has been more effective than the kinds of tax cuts likely to be implemented by the ...The Hill - Dec. 10 -
Australia Signs Security and Economic Treaty With Nauru
In return for financial support, the Pacific island nation of Nauru pledged not to enter any security pacts without Australia’s assent.The New York Times - Dec. 10 -
TikTok asks court to put divest-or-ban law on hold amid Supreme Court appeal
TikTok asked a federal appeals court Monday to put on hold a law that could potentially ban the popular social media app next month as it prepares to appeal to the Supreme Court. TikTok and ...The Hill - Dec. 9 -
Celebration and uncertainty in Syria after rebels topple Assad dictatorship
Syrian rebels are rejoicing after seizing control of the government over the weekend, toppling the dictatorship of Bashar al-Assad that had been responsible for brutal crimes against the Syrian ...CBS News - Dec. 9 -
China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
Market participants will watch the events this week for clues on how policymakers plan to steer the economy through entrenched disinflation and looming U.S. tariffs.CNBC - Dec. 9 -
Papers report on 'delight' in Syria but warn of uncertainty ahead
Most of Monday's papers lead on the rebels toppling the Assad regime, as Syrians celebrate its fall.BBC News - Dec. 9 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
Tomorrow's Top 25 Today: Arizona State rises into top 10 amid Big 12 championship win, playoff berth
Projecting the new AP Top 25 college football rankings after conference championship weekendCBS Sports - Dec. 8 -
'We don't know what will happen': Uncertainty grips Damascus as rebels approach
There is a "sense of fear" about the days to come as rebels sweep towards the capital in the face of limited opposition.BBC News - Dec. 7 -
Fannie Mae CEO reveals what’s really behind rising mortgage rates
Homeowners shouldn’t count on lower rates; they should build strong credit so they can qualify for the most affordable loan.MarketWatch - Dec. 7 -
Ghana heads to the polls amid deepening economic crisis
Once one of Africa’s economic powerhouses, Ghana has struggled with a cost-of-living crisis and high inflation. Millions of Ghanaians have headed to the polls in a presidential election after a ...The Guardian - Dec. 7 -
Polls open in presidential and legislative elections in Ghana amid the worst economic crisis in a generation
Polls open in presidential and legislative elections in Ghana amid the worst economic crisis in a generationABC News - Dec. 7 -
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Rachel Reeves to pledge ‘ambitious’ economic partnership with EU
UK chancellor will promise to fully honour post-Brexit deals in meeting with bloc’s finance ministersFinancial Times - Dec. 7 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
Watch live: Jeffries holds press conference amid fallout from Biden pardon
House Minority Leader Hakeem Jeffries (D-N.Y.) is holding a press conference Friday morning, just days after President Biden issued a controversial pardon for his son Hunter Biden, which has ...The Hill - Dec. 6 -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - Dec. 6 -
Childcare bosses fear for future amid rising costs
Costs at one nursery are up 40% in recent years, and it faces an annual shortfall of over £30,000.BBC News - Dec. 6 -
Political Turmoil Adds to the Economic Woes of South Korea
Even before a short-lived declaration of martial law thrust the country into crisis, the economy faced grim prospects.The New York Times - Dec. 6 -
"Pharmacy deserts" on the rise amid U.S. drugstore closures
Across the U.S., at least 7,000 pharmacies have closed since 2019. Of those, roughly half were independent drugstores.CBS News - Dec. 5 -
Vodafone-Three Merger Gets Conditional U.K. Clearance
The Competition and Markets Authority said the deal will likely boost competition in the U.K. mobile sector, but would only proceed if both companies implement certain conditions.The Wall Street Journal - Dec. 5 -
Equinor, Shell to Combine U.K. Assets
The energy majors will create a joint venture they say will be the biggest independent producer in the North Sea to help sustain domestic oil-and-gas production and secure energy supply in the U.K.The Wall Street Journal - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Trump nominates Peter Navarro as senior economic adviser
China hawk who served in president-elect’s first term was imprisoned for contempt of Congress over 2021 Capitol attackFinancial Times - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
England’s Ben Stokes demands answers from ICC after latest over-rate sanctions
Governing body has yet to address captain’s concerns ‘I’ve not signed an over-rate sheet since the Ashes’ Ben Stokes has revealed a personal stand-off with the International Cricket Council ...The Guardian - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2
