Latest in Bank of Japan holds rates at 0.25%, yen weakens to over four month low
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ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 6d -
Targets for affordable housing on greenbelt weakened in English planning reform
Lower-grade land will be classed as ‘grey belt’ and open for redevelopmentFinancial Times - 6d -
European Central Bank cuts rates for fourth time this year
ECB lowers borrowing cost as inflation falls and economy remains weak. The European Central Bank cut interest rates for the fourth time this year and kept the door open to further easing in 2025 as ...The Guardian - Dec. 12 -
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength
The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.CNBC - Dec. 12 -
White House holds press briefing
Watch live coverage as White House Press Secretary Karine Jean-Pierre holds a press briefing.NBC News - Dec. 12 -
Uncertainty over future of Syrian camp holding women, children linked to ISIS
The al-Hol camp in northeast Syria holds about 6,000 women and children, the family members of Islamic State fighters who were either captured or killed. The camp is guarded by American-backed ...CBS News - Dec. 11 -
In Japan, Designers Fit Big Ideas Into Tiny Homes
Some newer houses around the country are barely wider than a common family car.The New York Times - Dec. 11 -
The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - Dec. 11 -
India's new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic growth is slowing and inflation is surgingABC News - Dec. 11 -
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European Central Bank heads for last rate cut of year — but jumbo move seems off the table
The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.CNBC - Dec. 11 -
Ohtani 'unlikely' to pitch in Dodgers' Japan series
Shohei Ohtani is expected to be ready to hit when the Dodgers open their season in Japan next March, but it's "very unlikely" he will also pitch in those games, manager Dave Roberts said.ESPN - Dec. 9 -
SoFi’s stock doubled over three months. Here’s why BofA says it’s now overvalued.
BofA sees the stock “priced to perfection,” while noting lesser visibility into tech deals and renewed attention on fair-value accounting.MarketWatch - Dec. 9 -
‘Little Prince’ holds shield aloft as thriller has Atlético plotting epic route | Sid Lowe
Antoine Griezmann caps a 4-3 victory over Sevilla with a galvanising moment that has the faithful dreaming big. When at last the battle was over, the Little Prince picked up his shield, their ...The Guardian - 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 -
Demand for staff sinks to four-year low in UK
Tax rises spread gloom over pre-Xmas jobs market, recruiters report in NovemberFinancial Times - Dec. 9 -
Inside the Four-Day Workweek Experiment
A British group is pushing for more companies to offer their workers shorter hours. Here’s what it looks like for two companies willing to test it out.The New York Times - Dec. 8 -
How to get a low home equity loan rate for 2025
Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.CBS News - Dec. 6 -
Health-care quality rating at 24-year low: Gallup
Americans’ outlook on the quality of health care in the U.S. is at a 24-year low, according to a new survey. The Gallup poll, released Friday, shows 33 percent of U.S. adults said the quality of ...The Hill - Dec. 6 -
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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 -
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HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.CBS News - Dec. 5 -
Is the Biden-era blockade on US bank M&A finally over?
Investors and advisers prepare for consolidation among country’s thousands of regional lendersFinancial Times - Dec. 5 -
Amazon sued over slower deliveries to low-income neighborhoods
Amazon allegedly stopped its fastest delivery service to almost 50,000 Prime subscribers in two District of Columbia ZIP codes.CBS News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Amazon Sued Over Slow Deliveries to Low-Income Areas
The District of Columbia’s attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.The New York Times - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - 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 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
Japan’s audacious bid to become a semiconductor superpower
The government is backing a start-up that aims to upend the economics and geography of the microchip industry. Does it have a chance of success?Financial Times - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
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 -
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Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2