Latest in Rate Hike Amid
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Consumers Stock Up Ahead of Expected Trump Tariff Price Hikes
Polls indicate over a third of shoppers are spending more now, fearing Trump’s looming import duties will increase prices—a reaction that risks reigniting inflation.Inc. - 40m -
Moody’s Downgrades France’s Credit Rating
The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.The New York Times - 2d -
Cord-cutters are fuming over YouTube TV price hike. But streaming inflation is here to stay
Cord-cutters are again dealing with rising programming costs after YouTube TV told subscribers their monthly fee will go up by 14% to $82.99 in January.Los Angeles Times - 2d -
Russia braced for mammoth rate hike amid fears it's losing the battle against inflation
Russia's central bank is expected to carry out a mammoth rate hike later this week as inflation continues to soar in the war-focused economy.CNBC - 10h -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 1d -
YouTube TV Hikes Monthly Price to $82.99, a 14 Percent Increase
The increase is the latest for the streaming service, which debuted in 2017 at $35 a month. The company blamed “rising content costs.”The New York Times - 3d -
YouTube TV again hiking its price — here's what a subscription will cost
The cost of YouTube TV has soared nearly 140% since the streaming platform launched in 2017.CBS News - 3d -
YouTube TV is hiking its monthly price, again. Here's what to know
Are you a YouTube TV subscriberABC News - 3d -
YouTube TV is hiking its monthly price, again. Here's what to know
Are you a YouTube TV subscriberABC News - 3d -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 3d -
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new ...ABC News - 4d -
YouTube TV introduces price hike
YouTube TV is raising the price of a subscription. The streamer said it will hike the monthly price of a base plan by up to $82.99, representing a double-digit increase amid what the company said ...The Hill - 4d -
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.MarketWatch - 4d -
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength
The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.CNBC - 4d -
US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products
The Biden administration has announced it is raising tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businessesABC News - 4d -
Bowel-cancer rates rising among younger people
Poor diet, obesity, alcohol and smoking may be among the risk factors involved, researchers say.BBC News - 4d -
T-bill rates fall below 4.4% after November CPI solidifies December rate cut
Yields on short-term Treasury bills dropped on Wednesday after November’s consumer-price index cemented expectations for a quarter-point interest-rate cut by the Federal Reserve next week.MarketWatch - 4d -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 5d -
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Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - 5d -
Missouri Companies Sue to Block Minimum Wage Hike, Paid Sick Leave Law
The Missouri Chamber of Commerce and Industry, restaurant, and grocers associations want to stop a voter-approved boost to hourly pay and sick days.Inc. - 5d -
Arsenal ratings: Lackluster Gunners drop points
Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.ESPN - Dec. 8 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Ghana heads to the polls amid deepening economic crisis
Once one of Africa’s economic powerhouses, Ghana has struggled with a cost-of-living crisis and high inflation. Millions of Ghanaians have headed to the polls in a presidential election after a ...The Guardian - Dec. 7 -
Football fans stand up to ‘ridiculous’ ticket-price hikes that border on antipathy
Premier League supporters are fighting to retain concession prices in the face of clubs’ desire to target ‘tourist fans’. For West Ham supporters it was a sense of values betrayed. “The club should ...The Guardian - Dec. 7 -
Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
The athleisure-apparel company’s pivot to bright colors seems to be working.MarketWatch - Dec. 6 -
Childcare bosses fear for future amid rising costs
Costs at one nursery are up 40% in recent years, and it faces an annual shortfall of over £30,000.BBC News - Dec. 6 -
"Pharmacy deserts" on the rise amid U.S. drugstore closures
Across the U.S., at least 7,000 pharmacies have closed since 2019. Of those, roughly half were independent drugstores.CBS News - Dec. 5 -
No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - Dec. 5 -
Colombia finance minister resigns amid corruption probe
Ricardo Bonilla, the second person to hold the post under President Gustavo Petro, will be replaced by his deputyFinancial Times - Dec. 5 -
Ange: Spurs eye signing amid Richarlison absence
Tottenham boss Ange Postecoglou has suggested the club will look to sign another forward after admitting his frustration at Richarlison's fitness issues.ESPN - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
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Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
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Amid Syria’s Rebel Offensive, a Geopolitical Cauldron Simmers
Iran and Russia, both stretched by conflicts of their own, have experienced setbacks in Syria after a rebel offensive in the northwest of the country.The New York Times - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
