Latest in Yen strengthens past ¥150 against dollar on BoJ rate rise expectations
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UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.Business - CNBC - November 20 -
Existing-home sales rise in October but are expected to remain sluggish for the time being
Existing-home sales rose to a rate of 3.96 million in October, the National Association of Realtors said.Business - MarketWatch - November 21 -
Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.Business - CNBC - Yesterday -
Eurozone inflation rose to 2.3% in November
Price pressures surpass European Central Bank’s target for first time since AugustBusiness - Financial Times - 7 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 blowBusiness - Financial Times - 7 hours ago -
Home Depot earnings sweep past estimates, but interest rates pressure home remodeling
Home Depot executives discussed the impact of President-elect Donald Trump’s proposal to impose new tariffs.Business - MarketWatch - November 12 -
Death toll rises as protesters rage against Mozambique election result
Police accused of killing at least 11 unarmed bystanders since 24 October, amid claims poll was rigged. Silvio Jeremias was on his way home from his job at a petrol station on the night of 25 ...World - The Guardian - November 2 -
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Bentancur, Son & the rise of racism against East and South East Asians in football
BBC Sport looks at the rise in racism towards East and South East Asian players and fans in football.Top stories - BBC News - November 20 -
Fentanyl Rises Again, This Time as Trump’s Diplomatic Weapon Against China
The president-elect’s pledge to use tariffs to stem the flow of opioids from China could backfire if Beijing responds by ending counternarcotics cooperation.World - The New York Times - 3 days ago -
How to strengthen government machinery
Much-needed update of special adviser role must also improve support for opposition partiesWorld - Financial Times - November 19 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
10-year Treasury yield jumps on week as Powell says Fed not in a hurry to keep cutting rates
The 10-year Treasury yield inched higher on Friday as investors digested Federal Reserve Chair Jerome Powell's latest comments and await further economic data.Business - CNBC - November 15 -
Treasury yields rise by most in a week amid focus on prospects for U.S. economy
U.S. government debt sold off on Wednesday, sending yields up by the most in a week, as geopolitical anxiety eased and investors awaited President-elect Donald Trump’s pick for Treasury secretary.Business - MarketWatch - November 20 -
Abortion rates rise in 2023 despite overturning of Roe and new state-level restrictions
Despite the Supreme Court overturning Roe v. Wade more than two years ago, abortions rates reached their highest number in a decade last year. NBC News Health Reporter Aria Bendix explains the ...Politics - NBC News - Yesterday -
The Fed is expected to cut interest rates again Thursday. Here's everything you need to know
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.Business - CNBC - November 6 -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - November 7 -
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...Politics - The Hill - November 7 -
Federal Reserve interest rate news expected days after Trump wins 2024 election
The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.Top stories - CBS News - November 7 -
The stock market is expecting more interest-rate cuts than the Fed can give
The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.Business - MarketWatch - November 9 -
10-, 30-year Treasury yields end at 4-month highs as investors weigh inflation risks
Yields on U.S. government debt finished mixed on Wednesday as traders weighed rising expectations for a quarter-point rate cut by the Federal Reserve in December against the potentially ...Business - MarketWatch - November 13 -
Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025
The average 30-year fixed-rate mortgage was 6.78% on Nov. 14, unchanged from a week ago.Business - CNBC - November 15 -
Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.
The 30-year mortgage rate is averaging 6.84%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - November 21 -
Rafael makes landfall in Cuba as a Category 3 hurricane
Rafael made landfall as a Category 3 hurricane Wednesday afternoon in western Cuba before weakening, the National Hurricane Center said.Top stories - NBC News - November 7 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.Business - CNBC - November 12
