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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 - 4h -
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 - 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 - 13h -
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 -
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 -
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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 -
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 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
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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
