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Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - 27 minutes ago -
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.Top stories - BBC News - October 22 -
What are the cheapest borrowing options this November?
Trying to find the most affordable loans right now? These options come with some of the lowest rates available now.Top stories - CBS News - 2 days ago -
The ultimate guide to negotiating a higher salary
CNBC Make It's online course will help you ask for a raise in your current job or negotiate a bigger paycheck in a new one.Business - CNBC - October 15 -
Roche Increases Dividend on Higher Sales
Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.Business - The Wall Street Journal - October 23 -
10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans
Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.Business - MarketWatch - 2 days ago -
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s BudgetBusiness - Financial Times - October 22 -
Treasury trims fourth-quarter borrowing estimate
The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.Business - MarketWatch - 2 days ago -
Chris Mason: Big tax, borrowing and spending plans
BBC Political Editor Chris Mason decodes the big plans revealed in Rachel Reeves first budget.Top stories - BBC News - 8 hours ago -
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China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
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Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - 6 days ago -
Working people will pay the price of higher taxes for employers
Increasing the burden on companies may not affect workers’ payslips today, but it won’t be longWorld - Financial Times - 5 hours ago -
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.Business - CNBC - 6 hours ago -
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesBusiness - Financial Times - October 14 -
UK ministers seek to reassure bond investors on their borrowing plans
Treasury chief secretary Darren Jones sets out ‘guardrails’ for investmentBusiness - Financial Times - October 17 -
Why home equity borrowers shouldn't wait for the November rate cut
If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.Top stories - CBS News - October 21 -
White House extends repayment freeze for 8 million student borrowers
Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.Top stories - CBS News - October 21 -
2 cheap ways to borrow $100,000 worth of home equity right now
Need to borrow $100,000 from your home equity? Here are two of the cheapest ways to do so right now.Top stories - CBS News - October 23 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship
The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.Business - The New York Times - 4 days ago -
Bond market braced for rise in UK debt issuance to £300bn this year
Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first BudgetBusiness - Financial Times - 2 days ago -
Beijing considers $1.4 trillion borrowing increase to support economy: Reuters
Fresh stimulus would help local authorities resolve off balance-sheet debtBusiness - MarketWatch - Yesterday -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - Yesterday -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - 8 hours ago -
U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - 7 hours ago -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - 5 hours ago -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - 15 hours ago -
The Papers: 'Prepare for higher taxes' and 'I legally punished' Sara
Some of Tuesday's papers lead on the chancellor's hint that business taxes will rise.Top stories - BBC News - October 15 -
Amex sees strong discretionary spending, but stock retreats after solid 2024 run
The company says new member benefits are resonating with younger generations.Business - MarketWatch - October 18 -
'Eating disorders are higher in the LGBT community - few talk about it'
Netflix hit Heartstopper is raising awareness of a crucial challenge the LGBT community faces.Top stories - BBC News - October 20 -
10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21 -
The IRS unveils higher capital gains tax brackets for 2025
The IRS has unveiled higher long-term capital gains brackets for 2025. Here's what investors need to know.Business - CNBC - October 22