Latest in Japan Hikes Rates
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Bank of Japan Raises Interest Rates to Highest Level Since 2008
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.The New York Times - 11h -
Bank of Japan raises rates to highest level in 17 years
Central bank signals more increases to come if wage and price growth hit forecastsFinancial Times - 10h -
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 - 14h -
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 - 19h -
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 - 23h -
Japan’s biggest banks hit valuation landmark as BoJ weighs rate rise
Largest lenders now trade at or close to their book values for first time in almost a decadeFinancial Times - 1d -
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 - 2d -
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. - 2d -
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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Meet Japan’s Original Decluttering Guru (No, Not That One)
Before Marie Kondo stormed into the global consciousness, Hideko Yamashita taught Japan the art of creating tidier spaces.The New York Times - Jan. 16 -
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 -
Strong earthquake hits Japan, triggering tsunami alerts
A strong earthquake struck southwestern Japan, the U.S. Geological Survey said, prompting authorities to issue a tsunami advisory.CBS News - Jan. 13 -
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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 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Japan imposes new sanctions on Russia
Japan on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of ...ABC News - 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 -
Japan links hacker MirrorFace to dozens of cyberattacks targeting security, tech data
Japan has linked more than 200 cyberattacks over the past five years targeting the country’s national security and high technology data to a Chinese hacking group, MirrorFaceABC News - Jan. 8 -
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Deadly New Year's trend strikes again in Japan
Choking on mochi is so common that authorities offer tips every year on how to help someone who has the food lodged in their throat.CBS News - Jan. 6 -
World’s oldest person, Tomiko Itooka, dies in Japan aged 116
Itooka, who died at a care home in Ashiya, enjoyed bananas and had been a keen mountain climber. A Japanese woman who was the world’s oldest living person has died at the age of 116.. Tomiko ...The Guardian - Jan. 4 -
Tomiko Itooka of Japan, World’s Oldest Person, Dies at 116
Born in 1908, she raised four children, ran a family textile factory during World War II, and remained an avid hiker into her 80s.The New York Times - Jan. 4 -
Biden blocks Japan's Nippon Steel from buying US Steel
Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.BBC News - Jan. 4 -
Why Japan is the perfect place to turn 50
A significant birthday feels less so in a country that has become a global pioneer of ageing — for better and for worseFinancial Times - Jan. 4 -
US Steel acquisition by Japan’s Nippon blocked
Domestic steel production is essential to U.S. security, Biden said.ABC News - Jan. 3 -
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - Jan. 3 -
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...CBS News - Jan. 3 -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - Jan. 3 -
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 -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - Jan. 2 -
