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Europe is the fastest-warming continent, at nearly twice the average rate, report says
Europe is the fastest-warming continent and its temperatures are rising at roughly twice the global average, two top climate monitoring organizations reported.NBC News - Top stories -
Europe is the fastest-warming continent, at nearly twice the average global rate, report says
Averages show Europe is running 2.3 degrees Celsius above pre-industrial levels.ABC News - World -
Australia’s fastest woman Torrie Lewis stuns the world in China
Lewis surges to shock 200-metre triumph at Diamond LeagueTeen star defeats world champion in lead-up to 2024 OlympicsAustralia’s fastest woman Torrie Lewis has made another stunning sprint breakthrough in the run-up to the Olympics by beating the ...The Guardian - World - China -
Do Interest Rates Matter Anymore?
The economy may be chugging along, but usury could bring a day of reckoning.The Wall Street Journal - World -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - Business -
These Home Sellers Are Done Waiting for the Fed to Lower Rates
Some owners need to upsize, downsize and change jobs, even if mortgage rates don’t fall soon.The Wall Street Journal - World - Federal Reserve -
Why homicide rates are falling across the country
Homicides are falling across the U.S. And that shift could impact the role crime — often a top voter concern — plays as an issue in November's election. But it is a phenomenon for which experts don't have a clear explanation. Some say homicide ...The Hill - Politics -
When will the Bank of Japan next raise interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - Japan -
When will the Bank of Japan next raise interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Business - Japan -
China's Benchmark Lending Rates Kept Unchanged
China’s benchmark lending rates were kept unchanged, official data showed on Monday, in line with market expectations after key policy rates were held steady amid signs of economic recovery.The Wall Street Journal - World - China -
The WSJ Dollar Index Rises 0.01% to 100.51
The dollar finished generally flat on Monday as risk sentiment improved, with investors awaiting U.S. data later this week.The Wall Street Journal - World -
Homeowner pain as major banks lift mortgage rates
Lenders respond over views the Bank of England may not cut interest rates as quickly as forecast.BBC News - Top stories - Mortgage -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Should you lock in your mortgage rate before the April Fed meeting?
Are you shopping for a new home? Here's why you may (and may not) want to lock in your rate before the Fed meets.CBS News - Top stories - Federal Reserve -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
BOJ's Ueda Reiterates Possibility of Rate Hike if Inflation Rises as Expected
Bank of Japan Gov. Kazuo Ueda reiterated Tuesday that the bank would raise interest rates further if inflation grows as the central bank expects.The Wall Street Journal - World -
Investors price in growing chance of another Fed interest rate rise
While base case remains reduction in borrowing costs, options market shows a 20% probability of increaseFinancial Times - Business - Federal Reserve -
FirstFT: Traders build up bets of Fed interest rate rise
Also in today’s newsletter, Ukraine aid and the opening of Trump’s trialFinancial Times - World - Federal Reserve -
Dollar, Treasury Yields Are Stable At High Levels Ahead of Treasury Auctions
The dollar and Treasury yields are consolidating their recent rise as market attention turns to this week’s Treasury auctions, MUFG said.The Wall Street Journal - World -
Report: Brown wants longer-term Kings commitment at market rate
Kings coach Mike Brown reportedly would like to be rewarded for his contributions with a new market-value contract extension.Yahoo Sports - Sports -
I earn $120,000 a year and have $165,000 in savings. How do I invest in this high-interest-rate environment?
“My husband and I would like to provide our new baby with the best life we can.”MarketWatch - Business -
Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
Dead Space Remake's Japanese Ban Confuses EA Exec After Stellar Blade Rating Released
An EA Japan executive has criticized CERO, the Japanese games rating board, for approving Stellar Blade's rating while denying one for the remake of Dead Space, effectively banning the game from release in Japan.. First spotted by Automaton, EA ...GameSpot - Tech -
What will it take to get tech stocks rising again? An unemployment rate above 4%
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
What will it take to get tech stocks rising again? An unemployment rate above 4%
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
BOE to Start Rate Cuts Earlier Than U.S. Fed, Impacting Gilt Yields
The Bank of England is expected to start cutting interest-rates before the Federal Reserve as U.S. inflation remains sticky and the economy stays resilient, ING analysts say in a report.The Wall Street Journal - World -
Canada Traders Expect Rate Cuts to Begin June, Continue Through Late 2024
The Bank of Canada is expected to embark on a prolonged series of rate cuts, starting this June and ending in late 2025 with the country’s main interest rate two percentage points lower than its current level, according to a central bank survey ...The Wall Street Journal - World -
ECB Will Consider Fed's Progress When Deciding on Rate Cuts, De Guindos Says
The ECB will take account of the Fed’s progress in lowering inflation when it decides the pace of cuts to its key interest rate after a first move in June, its vice president said in an interview.The Wall Street Journal - World -
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts
UK’s blue-chip index reaches 8,076, surpassing previous high of 8,047 in February 2023. Business live – latest updatesThe UK stock market hit a record high on Tuesday, as shares were lifted by hopes of interest rate cuts and an easing of ...The Guardian - World -
My wife and I bought a vacation home with a 6.6% mortgage rate. Should we sell our rental property to pay it off?
“The way I look at it, paying the mortgage off now would give us a guaranteed 6.6% return, which is higher than our return on the condo.”MarketWatch - Business