Lending Rates Steady

China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures

The People's Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.

Business - CNBC - 5 hours ago

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

Patriot — Alexei Navalny’s fight for a ‘beautiful Russia’, in his own words

The memoir of Putin’s murdered opponent is a worthy testament to his courage, defiance and humour

World - Financial Times - October 22

UK wage growth steadies as hiring stalls

Data shows cooling jobs market as Bank of England weighs when to make next cut in interest rates

Business - Financial Times - November 12

Lloyds beats earnings forecasts as lending rises

Mortgage book grows as customers take advantage of fall in interest rates

Business - Financial Times - October 23

NatWest profits rise by a quarter as lending and deposits grow

Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn

Business - Financial Times - October 25

Report shows steady increase in abortions in states with bans

Since the end of Roe v. Wade in 2022, the number of women receiving abortions has increased steadily and consistently in nearly every state that has banned it, according to a new comprehensive ...

Politics - The Hill - October 22

The start of a new round of gilt market carnage?

Parsing 101 words from the OBR

Business - Financial Times - October 31

U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets

Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.

Business - The New York Times - October 22

Harris announces record lending from Small Business Administration

With the economy the top issue for many voters, Vice President Kamala Harris is expected to announce record lending from the federal government to small business owners.

Skeletal remains in a castle well lend credence to a centuries-old Norse saga

Scientists have connected 800-year-old skeletal remains found in a well at Norway’s Sverresborg castle to a mysterious figure mentioned in a medieval Norse saga, using advanced DNA analysis.

Upstart’s return to ‘growth mode’ helps send the AI lending stock higher

Loan volumes picked up 43% on a sequential basis.

Business - MarketWatch - November 8

More Companies Bring Back Retired Veteran Executives for Steady Leadership

As CEO departures rise, many businesses are putting veteran former employees in top jobs to keep shareholders calm.

Business - Inc. - October 23

10-year Treasury yield ends with biggest six-week climb in a year as consumer sentiment rises

U.S. government debt sold off on Friday, giving the 10-year yield its biggest six-week advance in about a year, after data showed consumer sentiment rose this month.

Business - MarketWatch - October 25

Harris Took Steady Approach to Space as Chair of White House Council

As chair of the White House’s National Space Council, the vice president largely emphasized continuity with policies set by the Trump administration.

Science - The New York Times - October 30

Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high

Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.

Business - MarketWatch - November 1

Lend me your ears: great Shakespearean actors given hi-tech talking portraits

A radical new exhibition celebrates stars including Ian McKellen and Patrick Stewart by combining subtly moving artworks with their own voices. The results are uncanny. . Great actors have always ...

World - The Guardian - Yesterday

OpenAI’s Altman Latest Tech Exec to Lend a Hand to New San Francisco Mayor

The AI leader joins the transition team for Mayor-elect Daniel Lurie, an heir to the Levi Strauss fortune and a political neophyte.

Business - Inc. - 15 hours ago

10-year Treasury yield slips from 3-month closing high as buyers step in

Demand from overseas buyers of U.S. government debt helped push yields slightly lower on Thursday, but not far from their highest levels in two or three months.

Business - MarketWatch - October 24

Despite steady gains, economic concerns persist among some young men. That could tip the election.

They’re a group that previous presidential candidates may have overlooked.

U.S. Treasury says debt-auction sizes can remain steady for next several quarters

Agency to auction $125 billion next week, unchanged from last quarter

Business - MarketWatch - October 30

Lions-Packers weather: Forecasts show steady soaking rain could persist throughout game in Green Bay

Weather could play a massive role in the game's outcome as Lions quarterback Jared Goff's play dips when playing outdoors

Sports - CBS Sports - November 3

Inflation ticked up as voters cast ballots, but price growth for many basics holds steady

Price growth ticked higher in October as voters began casting ballots in a presidential election in which economic concerns played a big role.

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Grading NFL rookie QBs, other young signal-callers after Week 8: Jayden Daniels steady in epic win over Bears

The Commanders rookie quarterback is still playing ahead of his time

Sports - CBS Sports - October 29

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

What's a good HELOC interest rate now that rates are falling again?

HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Will HELOC interest rates fall in November?

HELOC interest rates have been falling this fall, but will they continue to do so in November? Here's what to know.

Military suicide rates increased in 2023

Suicide rates in the military increased in 2023, a slight uptick from 2022 that adds to a larger, troubling rise over the past decade. The annual report shows 523 service members died by suicide in ...

Politics - The Hill - 5 days ago

Here's how interest rates impact gold prices

When interest rates drop, gold prices often rise — but there are also other factors at play.

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

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