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Annual inflation rate hit 2.6% in October, meeting expectations
The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.Business - CNBC - Yesterday -
Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...Top stories - CBS News - Yesterday -
U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.Business - The New York Times - Yesterday -
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.Top stories - CBS News - Yesterday -
US inflation rises to 2.6%
October figure comes as Federal Reserve debates how quickly to lower interest ratesBusiness - Financial Times - Yesterday -
Yahya Sinwar: the ruthless architect of Hamas’s October 7 attack
Fugitive militant who spent decades in jail has been killed in GazaBusiness - Financial Times - October 17 -
Trump hawks merchandise as White House race enters final stretch
Republican candidate cashes in on fame to sell pieces of his suits, branded jewellery and footwear and his imageBusiness - Financial Times - October 17 -
China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - October 31 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.Top stories - NBC News - October 31 -
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.Business - CNBC - October 16 -
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 -
Gold hits record high as rate cuts and Middle East tensions fuel demand
Gains of 40% in past year spark predictions of rally to $3,000 a troy ounceBusiness - Financial Times - October 21 -
Consumer prices up 0.2 percent in October, 2.6 percent over past year
Consumer prices rose 0.2 percent in October and 2.6 percent over the previous 12 months as inflation slowly but surely returns to pre-pandemic norms, according to new Labor Department data released ...Politics - The Hill - Yesterday -
Best Employers: Asia-Pacific
Which companies do people most like working for in Asia-Pacific? The FT and Statista surveyed 50,000 employees to find out. Plus: long hours in Japan; caste and corporate India; China’s robot ...World - Financial Times - 23 hours ago -
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 -
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressuresBusiness - Financial Times - October 17 -
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.Top stories - CBS News - November 4 -
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.Top stories - CBS News - November 5 -
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.Top stories - CBS News - November 7 -
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.Top stories - CBS News - 6 days ago -
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 furtherWorld - 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.Top stories - CBS News - October 29 -
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.Top stories - CBS News - October 29 -
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 - 7 hours ago -
Boeing takes a hit
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...Politics - The Hill - October 23 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Money Market Rates Are Lower, Yes. But Compared to What?
Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.Business - The New York Times - October 18 -
Here's how interest rates impact gold prices
When interest rates drop, gold prices often rise — but there are also other factors at play.Top stories - CBS News - October 21 -
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 -
Jordan North boosts Capital radio breakfast ratings
The Burnley-born presenter left Radio 1 earlier this year and replaced Roman Kemp at Capital in April.Top stories - BBC News - October 24 -
Why mortgage rates are back up to nearly 7%
The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.Business - MarketWatch - October 24 -
EU races to prepare for a Trump win
Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-electedBusiness - Financial Times - October 25 -
Birth rate drops to record low in England and Wales
Declining fertility risks adding pressure on the UK’s public finances and hampering economic growth, warn analystsBusiness - Financial Times - October 28 -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28