Yen strengthens past ¥150 against dollar on BoJ rate rise expectations

Japanese currency’s rally makes it one of the best performing among G10 group this week

Business - Financial Times - 13 hours ago

Inside Goldman Sachs’ years-long power struggle over its China venture

A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expected

Business - Financial Times - November 14

Japan's rising minimum wage likely to push up inflation, BOJ says

World - Yahoo News - November 1

U.S. dollar jumps as Donald Trump recaptures the White House

The U.S. currency's gains extended as former President Donald Trump defeated Vice President Kamala Harris in the U.S. presidential election.

Business - CNBC - November 6

Japan's October headline inflation rate falls, but economists still see BOJ rate hike on the table

Core inflation came in at 2.3%, down from September's 2.4% but higher than the 2.2% that was expected.

Business - CNBC - November 22

Japanese official warns on ‘excess moves’ in yen after Trump win boosts dollar

Asian currencies under pressure following US election

World - Financial Times - November 7

Mexican peso and Canadian dollar fall after Trump’s tariff pledge

European equities slip while US Treasury yields edge higher

Business - Financial Times - 3 days ago

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.

Business - CNBC - October 31

Japanese yen hits six-week high after hot inflation reading drives rate increase bets

Yen strength came after fresh data that showed Tokyo core consumer prices, stripping out volatile fresh food.

Business - MarketWatch - 9 hours 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

A rising U.S. dollar could cause trouble for stock-market bulls

Stock-market investors will want to keep a nervous eye on the U.S. dollar, as history shows continued strength for the currency could begin to be a hindrance to further equity-market gains, warned ...

Business - MarketWatch - 3 hours ago

Another Trump presidency could be a boon for the dollar — but some expect a bumpy ride

President-elect Donald Trump’s victory in the November U.S. presidential election has helped revive Wall Street’s faith in “king dollar.”

Business - MarketWatch - November 12

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.

Sharp rise in bathing sites rated unfit for swimming

The government blames the water companies and says tougher regulation is on the way

Supreme Court allows multibillion-dollar class action to proceed against Meta

The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta stemming from the privacy scandal involving the Cambridge Analytica ...

Tech - ABC News - November 22

Dollar falls after Trump names Bessent to Treasury role

US bond yields drop as hedge fund manager nominated for top economic position

Business - Financial Times - 3 days ago

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.

What to know about the inflation report.

A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.

Top stories - The New York Times - November 13

Fed poised to look past US election uncertainty with quarter-point rate cut

Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policy

Business - Financial Times - November 3

Average cost of Thanksgiving dinner is expected to be lower than past years

The average cost of a Thanksgiving dinner for 10 this year is expected to be $58, which is 9% less from the 2022 high of $64. CBS News MoneyWatch correspondent Kelly O'Grady shows how your family ...

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

Inflation rises 2.6% in October after Fed starts interest rate cuts

U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...

Inflation rises slightly as economy reacts to interest rate cuts

New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.

U.S. military suicide rate rises; what can be done

The rate of active-duty U.S. service members who committed suicide has risen over the last two years, according to numbers from the Pentagon. Josh McCain, CEO of Big Sky Bravery, a non-profit ...

Ford to cut 4,000 jobs in Europe

Headcount reduction comes as industry faces pressure over EV switch and competition from China

Business - Financial Times - November 20

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.

Business - CNBC - October 31

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.

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

Here's what to expect with the Fed's rate cut decision on Thursday

The Federal Reserve will make a rate cut decision on November 7. Here's what economists expect.

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

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.

What to know about the interest rate cut expected from the Federal Reserve

Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.

DoubleLine's Gundlach says expect higher rates if Republicans also win the House

DoubleLine's Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.

Business - CNBC - November 7

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