Latest in Banks Hiked Interest
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Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.CNBC - 49m -
Bank of Japan raises interest rates to ‘around’ 0.5%
Central bank signals more increases to come if GDP and price growth hit forecasts as it normalises monetary policyFinancial Times - 58m -
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.CNBC - 5h -
Trump says he will 'demand' lower interest rates
Trump made a virtual address to the World Economic Forum in Davos, Switzerland.ABC News - 11h -
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%ABC News - 17h -
Netflix had a record-breaking quarter. Here come the price hikes
The earnings report solidified Netflix's dominance in the market, with hits such as "Squid Game" and a boxing match between Jake Paul and Mike Tyson.Los Angeles Times - 2d -
Vinícius: Focused on Madrid amid Saudi interest
Real Madrid forward Vinicius Junior has said he's focused on "continuing to develop and helping the biggest club in the world" despite interest from Saudi Arabia.ESPN - 9h -
Sen. Warren: Big banks hiked interest on borrowers, but not for savers
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.CBS News - 9h -
Trump bashes bank CEOs at Davos: 'Open your bank to conservatives'
President Trump on Wednesday accused two major U.S. banks of discriminating against conservatives during a live event with the CEO of one of those firms. In virtual remarks before a group of ...The Hill - 11h -
Netflix to hike prices on standard and ad-supported streaming plans
Netflix is hiking the price of most of its U.S. plans.NBC News - 1d -
Here’s What Looming Tax Hikes Could Mean for Small-Business Owners
The 20 percent Small Business Deduction has been the “single most beneficial tax deduction for small-business owners,” says one accountant.Inc. - 1d -
Bank of Japan is expected to hike rates this week, CNBC survey shows
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.CNBC - 2d -
Netflix to hike prices on standard and ad-supported streaming plans
Streaming giant Netflix said it is increasing the cost of its plans in the U.S., including its cheaper, ad-supported option.CNBC - 2d -
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When will HELOC interest rates drop again?
HELOC interest rates recently fell to an 18-month low. Here's when they could decline again.CBS News - 6d -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Investor interest in defense grows
Yahoo News - Jan. 16 -
REPORT: Two Sharks Defensemen Drawing Trade Interest
Two San Jose Sharks defensemen are starting to be named in trade rumors as the NHL's Trade Deadline approaches.Yahoo Sports - Jan. 15 -
Thames Water plans to hike bosses’ pay in response to bonus caps
UK’s debt-laden utility warns it will raise salaries if bonus restrictions are enforced by regulator OfwatFinancial Times - Jan. 15 -
Human remains 'in various states of decomposition' found on public hiking trail
Human remains that had been decomposing “for an extended period of time” have been discovered just off of a public hiking trail in Utah, police said.ABC News - Jan. 14 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
Inside Trump’s renewed interest to acquire Greenland for US
President-elect Donald Trump said he would not rule out the use of American military force to seize control of Greenland, a self-governing territory within the Kingdom of Denmark. Trump is not the ...NBC News - Jan. 12 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
California Fires Lead to Prices Hikes on Some L.A. Rentals
Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.The New York Times - Jan. 10 -
Russia watching Trump's Greenland ambitions 'with great interest'
The Kremlin says it’s watching with “great interest” President-elect Trump’s ambitions for the U.S. to acquire Greenland. Trump declined to rule out using military force in his pursuit of ...The Hill - Jan. 9 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
O'Leary: Trump US-Canada merger an interesting concept
"Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is "very interesting." “I went to Palm Beach for a couple of days. On Saturday, we ...The Hill - Jan. 7 -
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HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
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Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
USA's Cardoso 'motivated' by transfer interest
Constant transfer speculation is giving Real Betis midfielder Johnny Cardoso extra motivation to play at his best, according to the United States international.ESPN - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2
