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UK borrowing costs at highest for a year after Budget
Analysts say the rise in borrowing costs is a sign the markets aren't happy about the increase in government spending.Top stories - BBC News - 6 hours ago -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - 6 hours 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 -
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 - Yesterday -
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 - Yesterday -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - Yesterday -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - 14 hours ago -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - 9 hours ago -
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 - 7 hours ago -
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 - 3 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 - 3 days ago -
Chris Mason: A change-making Budget and a moment of jeopardy
The government's fate will depend on whether it can make things better, says political editor Chris Mason.Top stories - BBC News - 23 hours ago -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - 19 hours ago -
Tuberculosis infections highest on record: WHO
Global tuberculosis cases reached an all-time high in 2023, with nearly 11 million people estimated to have become sick with the disease last year. According to the World Health Organization's ...Politics - The Hill - Yesterday -
EU races to prepare for a Trump win
Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-electedBusiness - Financial Times - 6 days 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 - 5 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 - 3 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 - 2 days ago -
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. - 2 days ago -
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 - Yesterday -
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 - Yesterday -
Analysis: Offenses have their way in Week 6 with highest scoring output of the season
Baker Mayfield and the Buccaneers moved the ball at will against the SaintsSports - ABC News - October 14 -
Why SoFi’s stock is on track for its highest close of the year
A new partnership helps validate SoFi’s underwriting model at a time some when investors are concerned about the lending business.Business - MarketWatch - October 14 -
Briton becomes youngest woman to climb world’s 14 highest peaks
Adriana Brownlee, 23, reaches summit of Shishapangma three years after setting target at top of Everest. A 23-year-old has become the youngest woman to climb all 14 of the world’s 8,000-metre-plus ...World - The Guardian - October 15 -
The head of Mali's military junta appoints himself to the highest rank in the army
The head of the military junta that seized power in Mali in 2020 has promoted himself to the rank of army general with special title: Colonel Assimi Goita of the land army, the highest military ...World - ABC News - October 16 -
NFL’s Highest-Paid Coaches 2024: Reid, Payton and Tomlin Lead
Andy Reid racked up 207 wins on the sidelines for the Philadelphia Eagles and Kansas City Chiefs during his first 20 years as an NFL head coach but was criticized as someone who “couldn’t win the ...Sports - Yahoo Sports - October 18 -
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.Business - MarketWatch - October 19 -
At London Pen Shows, Collectors Seek ‘Art of the Highest Quality’
For collectors and enthusiasts at the London Pen Show, the finest writing instruments can cost thousands of dollars. As one dealer put it, “This is art of the highest quality.”Lifestyle - The New York Times - October 22