Millions to see mortgage costs rise, says Bank

About 4.4 million UK households could see their repayments increase by 2027.

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

Two-thirds say Trump tariff plans will add to rising costs: Survey

Over two-thirds of Americans say President-elect Trump’s plan to impose tariffs will add to the rising costs of goods, according to a new survey. The Harris Poll, released Wednesday to The ...

Politics - The Hill - 2 days ago

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Voters 'don't see' Ireland's healthy bank balance

Voters in the Republic of Ireland go to the polls on Friday for the country's general election.

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

Eurozone inflation rose to 2.3% in November

Price pressures surpass European Central Bank’s target for first time since August

Business - Financial Times - 9 hours ago

Louise Haigh’s damaging exit puts question mark over UK transport agenda

Plus, Keir Starmer’s immigration cynicism may pay off — or deal an electoral blow

Business - Financial Times - 9 hours ago

UK mortgage market perks up as refinancing burden eases

Bank of England data highlights impact of decline in interest rates

World - Financial Times - 3 hours ago

Deutsche’s private bank fires over 100 bankers in cost-cutting drive

Frankfurt-headquartered lender has imposed demanding targets on underperforming unit

Business - Financial Times - November 11

Millions in Northeast and Midwest see first snowfall of the season

An abrupt change in weather is bringing the first significant snow of the season across the country, with a powerful snow storm blanketing areas of the Northeast and Midwest. NBC’s Sam Brock ...

Israeli Right, Pushing to Annex West Bank, Sees Allies in Trump’s Picks

Arab Americans and liberal Jewish voters, however, have ample reason to fear the naming of pro-settlement, pro-Netanyahu officials to top foreign policy posts in the new administration.

Top stories - The New York Times - November 14

Palestinians See Echoes of Israel’s Gaza War in West Bank Raids

West Bank residents say Israeli forces are adopting tactics similar to the ones they are deploying in Gaza, including airstrikes and the use of Palestinians as human shields.

World - The New York Times - 5 days ago

Child care can cost more than families pay for rent, mortgage, college

In some parts of the U.S., parents pay more than $30,000 annually for infant care at a center, federal data shows.

Rapidly rising rents squeeze millions in the middle class

Four in 10 middle-class renters pay 30% or more of their incomes toward housing each month, NBC News analysis of U.S. Census Bureau data shows.

Warning millions will struggle to pay water bill rises

A proposed average rise of 21% over five years will cause 'intolerable strain', a consumer group warns.

Food bank demand rises nationwide as holiday season begins

Food banks across the country are seeing rising demand, with some hitting record levels. About 65 percent of food banks reported an increase in the number of people served in October 2024 compared ...

French sovereign borrowing costs rise to highest premium in 12 years

Government faces risk of collapse over planned austerity budget. Business live – latest updates French sovereign borrowing costs have soared to the highest premium since the eurozone debt ...

World - The Guardian - 2 days ago

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - November 1

2024's last supermoon rises this month. When can you see it?

Better catch this week's supermoon. It will be a while until the next one.

Politics - The Hill - November 13

Dealmaker sees more urge to merge among smaller banks — yours may be among them

A relatively quiet period for bank mergers is expected to come to an end as the environment for dealmaking picks up steam in 2025.

Business - MarketWatch - 3 days ago

Here’s why Wall Street’s previously most bearish bank now sees the S&P 500 hitting 6,500 in 2025

Rate-cutting central banks and more AI-related spending should support U.S. stocks

Business - MarketWatch - 2 days ago

Pay rises for 4 million workers in German metal and electrical sector

World - Yahoo News - November 12

European Central Banks warns of trade tension risks to euro zone financial stability

The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.

Business - CNBC - November 20

49-year-old started his business 'to make $5,000 a month to survive, pay my mortgage'—he sold it for $100 million

When tech CEO Tomas Gorny launched a web-hosting startup in 2001 after losing millions, his modest goals helped him build a better business, he says.

Business - CNBC - November 20

Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle

President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.

Business - CNBC - November 15

Truist Bank Makes Hundreds of Millions in Loans Available for Helene Recovery in North Carolina

The Charlotte-based bank plans a three-year $650 million lending program for small businesses and municipalities in storm-ravaged western North Carolina.

Business - Inc. - November 22

Destructive Israeli Raid in West Bank Kills 5, Palestinians Say

The Israeli military said its soldiers had engaged in close combat in the Nur Shams area of the occupied territory.

World - The New York Times - November 1

Israel Strikes Syria for Second Day, Targeting Hezbollah Weapons Facilities

The military said the attacks were meant to reduce the transfer of weapons and intelligence from Iran through Syria to Hezbollah, the armed group in Lebanon.

World - The New York Times - November 5

Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

Climate breakdown will hit global growth by a third, say central banks

New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...

World - The Guardian - November 8

Rallying bank stocks have further room to run, analyst says

Hovde’s Feddie Strickland sees additional gains despite rally ‘if history serves as a guide.

Business - MarketWatch - November 11

Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says

Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.

Business - CNBC - November 13

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