Raises Rates Highest

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 - 20h

Amanda Knox Slander Conviction Is Upheld by Italy’s Highest Court

An American who was convicted and later acquitted of the 2007 murder of her British housemate, Ms. Knox was found guilty of falsely accusing someone else of the crime.

The New York Times - 1d

Betting buzz: Barkley has highest rushing yards prop in three seasons

After rushing for 205 yards last week, Saquon Barkley's rushing yards prop for the NFC Championship game has reached an impressively high number.

ESPN - 9h

March for Life: Abortion Opponents Raise Their Ambitions

The March for Life on Friday will bring together a movement invigorated by some early moves of the second Trump administration.

The New York Times - 18h

Bank of Japan raises rates to highest level in 17 years

Central bank signals more increases to come if wage and price growth hit forecasts

Financial Times - 19h

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 - 23h

More Americans file for unemployment benefits, continuing claims highest in 3 years

Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years

ABC News - 1d

Baya Systems raises $36M for AI and chiplet innovation

Baya Systems, a chip technology company that wants accelerate intelligent computing, raised $36 million in funding.

VentureBeat - 1d

Netflix raising prices as subscriptions soar

Netflix plans to raise the cost of a subscription after reporting one of its best financial quarters to end 2024. A standard basic plan including advertisements will now cost $17.99, with a premium ...

The Hill - 2d

Netflix to raise prices in US as new subscribers soar

Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.

BBC News - 2d

McCarthy on Biden pardons: 'It raises doubt on what they did'

Former Speaker Kevin McCarthy (R-Calif.) criticized President Biden's decision to pardon Anthony Fauci, Gen. Mark Milley, former Rep. Liz Cheney (R-Wy.) and other members of the House panel that ...

The Hill - 4d

Underdog Djokovic must 'raise his game' for Alcaraz

Novak Djokovic, a record 10-time Australian Open champion, finds himself in an unusual position - labelled the underdog when he plays Carlos Alcaraz.

BBC News - 4d

Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?

The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.

MarketWatch - 4d

BoJ looks to raise rates in shadow of Trump inauguration

Increase would further entrench officials’ move to normalise monetary policy

Financial Times - 4d

Dawn Staley becomes highest-paid women’s basketball coach with $25m extension

Extension keeps Staley at South Carolina until 2030 Gamecocks have won three NCAA titles under coach Coach Dawn Staley received a contract extension on Friday that South Carolina said will make ...

The Guardian - Jan. 17

Luxury goods groups drive European stocks to highest level in a month

LVMH and Hermès push up Cac 40 after Richemont’s better than expected sales

Financial Times - Jan. 16

FirstFT: ‘Breakthrough’ raises hopes for Gaza ceasefire deal

Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for Alexa

Financial Times - Jan. 14

Highest-Grossing Video Game Movies Of All Time

Big business. A Scene From Illumination's The Super Mario Bros. Movie 2024 kicked wrapped up with the latest big video game movie, Sonic the Hedgehog 3. It was not the first video game ...

GameSpot - Jan. 13

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - Jan. 12

Biden gives Pope Francis highest civilian honor before leaving office

President Biden awarded the Presidential Medal of Freedom with distinction to Pope Francis days before leaving the White House. Biden, who is only the second Catholic president in U.S. history, ...

The Hill - Jan. 11

Biden Raises Bounty For Nicolás Maduro to $25 Million

The United States will also extend temporary protections for roughly 600,000 Venezuelan migrants in the United States.

The New York Times - Jan. 10

Ukraine’s highest profile combat unit to recruit English-speaking soldiers

Azov, a volunteer brigade, plans to form international battalion to boost numbers as Ukraine heads into fourth year of war. The Britons killed fighting for Ukraine against Russia Ukraine’s ...

The Guardian - 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

Sainsbury's raises pay but is cautious on hiring

The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.

BBC News - Jan. 10

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

The New York Times - Jan. 9

New York's highest court won't stop Trump's sentencing

President-elect Trump's sentencing for his criminal conviction is scheduled for Friday.

CBS News - Jan. 9

UK 10-year borrowing costs hit highest level since 2008

Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules

Financial Times - Jan. 8

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - Jan. 8

London has the highest birth rates among over-40s. But what’s driving the shift?

Housing costs, career focus and access to IVF has driven people to delay parenthood in the capital

Financial Times - Jan. 8

Oil futures settle at their highest level since October

Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.

MarketWatch - Jan. 7

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

‘Living the dream’: snowed in at Britain’s highest pub, strangers became friends

When the majority of the 33 people trapped by the weather were able to escape, not everyone wanted to leave. • ‘It makes you feel like a kid again’: snowed in at Britain’s highest pub . • Snowed ...

The Guardian - Jan. 7

UK long-term borrowing costs hit highest level since 1998

Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules

Financial Times - Jan. 7

German inflation rate climbs to 2.6% in December

Yahoo News - Jan. 6

Firms to raise prices due to tax and wage increases

Consumers could face higher costs in the coming months amid falling confidence among UK businesses.

BBC News - Jan. 6

‘It makes you feel like a kid again’: snowed in at Britain’s highest pub

Drinks flow and friends are made as people hunker down overnight at the Tan Hill Inn in North Yorkshire. “Do you want a shot?” asks Katy Sherrington from Durham, offering up a tiny glass of a pink ...

The Guardian - Jan. 5