Retail credit card interest rates hit all time high

FirstFT: Bitcoin hits a record high

Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executive

World - Financial Times - November 11

The rehabilitation of KPMG in the UK

The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivals

Business - Financial Times - November 19

China’s Baidu joins Meta in race to make AI-integrated smart glasses

Launch comes as Chinese internet groups jostle for dominance in hardware

Business - Financial Times - November 13

The Hobbit Illustrated Edition Hits All-Time Low Price At Amazon For Black Friday

The Hobbit Illustrated Edition $27.50 (was ...

Tech - GameSpot - 2 days ago

Brazilian real hits all-time low as investors doubt cost-savings plan

Government borrowing costs reach record high with markets sceptical on package to shore up public finances

World - Financial Times - Yesterday

Fed May Cut Rates in Response to Tight Credit Conditions

This week, the central bank will likely announce reduced interest rates as low demand for loans continues.

Business - Inc. - November 6

Moody's credit rating upgrade for Cyprus opens the door to investment, president says

The president of Cyprus says Moody’s two-notch credit ratings upgrade to A3 from Baa2 will open the threshold to quality foreign investment that will generate new jobs

World - ABC News - November 23

This $4 Billion Mall Deal Could Hit Retailers With Higher Rents

The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.

Business - Inc. - November 8

UK retailers warn Reeves of £7bn hit from Budget changes

Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sector

Business - Financial Times - November 19

Kingfisher shares tumble as retailer warns on sales drop and Budget hit

Owner of DIY chain B&Q reports decline in quarterly sales and extra costs from Budget

World - Financial Times - 5 days ago

Buy Now Before Tariffs Hit, Retailers Are Telling Shoppers

Many businesses are urging customers to buy before President-elect Donald Trump’s proposed tariffs potentially raise costs—and prices.

Business - The Wall Street Journal - Yesterday

‘I can’t deal with managing them’: I juggle 18 credit cards. How do I close them without ruining my credit score?

“I have very high limits, so charges barely make a blip on my credit-utilization ratio.”

Business - MarketWatch - 6 days ago

New U.S. economy data before next Fed interest rate decision

The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.

BoE expected to cut interest rates despite looser fiscal policy

UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demand

World - Financial Times - November 4

How far will home equity loan interest rates drop in November?

Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.

Gold vs. silver investing: Which is better when interest rates are cut?

Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - November 6

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

Top stories - The New York Times - November 7

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

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