Latest in Central Bank Hikes
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How will UK tax rises on private equity’s carried interest work?
Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026Business - Financial Times - October 31 -
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UniCredit and Commerzbank square off with target hikes amid takeover battle
UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.Business - CNBC - November 6 -
State Minimum Wage Hike Ballot Measures Show Mixed Results
Missouri and Alaska voters approved bumps to $15 an hour, while a Californa propsoal to go to $18 failed. Increases for tipped workers were voted down in Massachusetts and Arizona.Business - Inc. - November 6 -
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Here’s how tariffs can be implemented without rocking markets, Trump-friendly strategist says
A senior hedge-fund strategist argues the Trump administration can have its tariff cake and eat it too.Business - MarketWatch - November 14 -
After two stamp hikes, the USPS lost nearly $10 billion in 2024
The U.S. Postal Service's loss widened in fiscal 2024, although revenue rose slightly after two stamp hikes this year.Top stories - CBS News - November 14 -
Starmer vows to ‘stay the course’ on tax-hiking Budget measures
Prime minister will defend ‘hard decisions’ in speech to Welsh Labour conference on SaturdayBusiness - Financial Times - November 15 -
UK Pizza Hut to raise funds after Budget tax hikes
The money could come from a sale of part of the business, or new investment from existing shareholders.Top stories - BBC News - November 16 -
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.Business - CNBC - 4 days ago -
BJ's Wholesale Club hikes membership fees for first time since 2018
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.Top stories - CBS News - 3 days ago -
HSBC’s investors should not bank on its latest overhaul
Grand global restructuring announcements have been all too familiar from the lender over the past decadeBusiness - Financial Times - October 29 -
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Giants to stick with Banks, Jones amid struggles
After coming under fire again for questionable play, Giants CB Deonte Banks will start vs. the Commanders after being benched, while Daniel Jones will remain QB1.Sports - ESPN - October 29 -
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.Top stories - BBC News - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
Deutsche Bank takes a bite out of Greggs
Wages up, margins downBusiness - Financial Times - November 8 -
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Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
The drama and farce of the Baker Street bank heist
In 1971, a group broke into a bank vault - but the plan was nearly brought down by a radio ham.Top stories - BBC News - November 17 -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - 3 days ago -
What are banks doing with your financial data?
Your transactions reveal a lot about you as a person — it could be valuable informationWorld - Financial Times - 2 days ago -
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Russian strikes on Kyiv and central Ukraine kill 2 teens and injure dozens
A Russian drone strike has killed a teenager in Kyiv during a nighttime barrage on the Ukrainian capital that lasted for hoursWorld - ABC News - October 26 -
One dead, dozens injured after truck hits Israel bus stop
Many of the injured were reportedly pensioners on a day trip to a nearby museum.Top stories - BBC News - October 27 -
Central Asians edge into a brave new world on Russia’s doorstep
The region’s five states are increasingly standing up for themselves on matters of language, history and identityWorld - Financial Times - October 27 -
Botswana holds an election where the diamond trade has become a central issue
Botswana is holding a national election and voters are deciding if one of Africa’s longest-ruling parties stays on for another five-year termWorld - ABC News - October 30 -
Wildfires rage in Oklahoma, severe weather expected in central U.S.
Wildfires are blazing in Oklahoma as warnings of severe weather spread in Kansas and other parts of the central U.S. CBS News' Rob Marciano has the latest on strong winds that could create severe ...Top stories - CBS News - October 30 -
12 dead and 1 injured in explosion at steel plant in central Mexico
Twelve people have died in a fire at a steel plant in central MexicoWorld - ABC News - October 30 -
Trump and Vance make anti-transgender attacks central to their campaign’s closing argument
Donald Trump has made his opposition to transgender rights central to his closing argument before Election Day.Politics - NBC News - November 1 -
Attack on central Israel injures 11 as Iran's leader promises a punishing response
An attack on a central Israeli town has injured 11 as Iran’s supreme leader vowed a punishing response to Israel’s attack last weekWorld - ABC News - November 2