There S No Predicting Yet How Long Interest Rates Will Stay High So Take Action Now
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4 times you should buy a home with interest rates high
Even with mortgage interest rates high, there are some times when it may make sense to buy. Here are four of them.CBS News - Top stories -
‘Lagging’ housing market, high interest rates drag on MillerKnoll’s sales
The furniture maker said that a “lagging” housing market, rising interest rates, and other headwinds contributed to lower sales.MarketWatch - Business -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.CNBC - Business -
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
RFK Jr.’s sister worries he’s taking votes from Biden: 'There’s so much at stake'
The sister of Robert F. Kennedy Jr. is worried that her brother will act as an election disrupter and take votes away from President Biden as he mounts an independent bid against him. When asked by CNN’s Erin Burnett about why she believes voting ...The Hill - Politics -
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.The Wall Street Journal - World - New York -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
Bankers jailed for interest rate rigging lose appeal
Tom Hayes and Carlo Palombo, convicted for manipulating a key interest rate, have had their appeals dismissed.BBC News - Top stories -
Mortgage demand stalls, even as interest rates moderate
The usually busy spring housing market is underway, but mortgage demand isn't moving.CNBC - Business - Mortgage -
BoE rate-setter warns against rushing to cut interest rates
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’Financial Times - Business -
Why a Fed rate cut in June is not yet a done deal
An interest-rate cut at the Federal Reserve’s June meeting, though now widely expected, should not be viewed as decision that has already been made, Fed watchers say.MarketWatch - Business - Federal Reserve -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom -
Cook says Fed has to move carefully before cutting interest rates
Federal Reserve Gov. Lisa Cook on Monday said the central bank needs to take a “careful approach” in deciding when to cut interest rates, but she gave few clues on the timing or size of any reductions.MarketWatch - Business - Federal Reserve -
Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates
Federal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush” to cut U.S. interest rates.MarketWatch - Business -
Janet Yellen warns China against clean energy dumping
US Treasury secretary tells Beijing its trade practices will distort markets and harm workersFinancial Times - Business - China -
Top Fed official says ‘no rush’ on rates after ‘disappointing’ data
Progress on taming price rises ‘has slowed and may have stalled’, according to Christopher WallerFinancial Times - Business - Federal Reserve -
$75,000 for a baby? South Korean businesses float incentives as demographic crisis looms
Companies and politicians try new strategies to encourage workers to start familiesFinancial Times - Business -
Dollar Rises After Fed's Waller Says 'No Rush' to Cut Interest Rates
The dollar rose in Europe,, reaching its strongest in six weeks against a basket of currencies, after the Fed’s Christopher Waller said there was “no rush” to cut interest rates due to high inflation readings and strong job gains in early 2024.The Wall Street Journal - World -
Amazon writes its largest venture cheque yet for AI start-up Anthropic
$2.75bn deal is the latest sign of Big Tech’s race to capitalise on the booming sectorFinancial Times - Business - Amazon -
Vacation Rentals: How to Make Your Stay Sustainable
Tips on finding a sustainable short-term rental, what you can do to conserve energy and getting involved in the community.The New York Times - Business -
Savings account interest forecast for spring 2024: Here's what experts predict
Rates on savings accounts are high now but will they stay elevated in the months to come? Here's what to know.CBS News - Top stories -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World -
Oregon State, Washington State reach settlement with Pac-12's departing members, ending months-long battle
Oregon State and Washington State will receive $65 million from the 10 departing schools in 2024CBS Sports - Sports -
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
A British financial trader described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis has lost his appeal to have his conviction quashedABC News - World - United Kingdom -
12 best high-yield savings accounts with no fees to open now
High-yield savings accounts can offer rates that outpace inflation without extra fees. Here are 12 options to consider.CBS News - Top stories -
Long-Term JGBs Edge Lower Amid Worries Over BOJ Rate-Hike Pace
Long-term JGBs edged lower in the Tokyo session, weighed by concerns over the BOJ’s rate-hike pace after last week’s policy normalization.The Wall Street Journal - World -
Winter-like chill Wednesday morning; high pressure takes control
Yahoo News - World -
Russia lauding torture was unthinkable – now it is proud to do so
Moscow’s proud promotion of the brutal treatment of men accused of Crocus City Hall attack marks watershed moment. Warning: contains descriptions of torture readers may find distressing. There was no attempt to hide the evidence of torture. In ...The Guardian - World - Russia -
No. 12 James Madison takes down No. 5 Wisconsin, sends message it may not be done yet
The Dukes earned a second-round matchup with Duke and showed why they were a popular upset pick.Yahoo Sports - Sports -
Predictions roundtable: How to bet the women's games on Monday
Our experts look at Monday's matchups and detail their favorite upsets, picks against the spread, point total bets and more.ESPN - Sports -
A U.K. court upheld the conviction of Tom Hayes, the alleged ringleader of a conspiracy among big banks and brokers to rig interest rates during the global financial crisis.
A U.K. court upheld the conviction of Tom Hayes, the alleged ringleader of a conspiracy among big banks and brokers to rig interest rates during the global financial crisis.The Wall Street Journal - World -
Here’s how much money Americans in their 30s have in their 401(k)s
Americans in their 30s are around halfway to retirement age, but many don't have much saved in their 401(k)s.CNBC - Business -
Here's how to watch RFK Jr.'s VP announcement
Robert F. Kennedy Jr. is expected to make an announcement on Tuesday afternoon about his pick for vice president, ending weeks of speculation over his running mate amid his long-shot independent bid. Kennedy is set to make his announcement at 2 ...The Hill - Politics -
How high will the price of gold go? Here's what some experts think
Can the price of gold continue surpassing record highs or is a pull-back ahead? Here's what some experts predict.CBS News - Top stories -
Home equity loan rate forecast for spring 2024: Here's what experts predict
With a rate cut from the Federal Reserve on the horizon, many are wondering what will happen to home equity rates.CBS News - Top stories -
High Point vs. Seattle odds, score prediction, time: 2024 CBI Championship picks, best bets from proven model
SportsLine's model just revealed its NCAA Basketball picks for the Seattle Redhawks vs. High Point Panthers in the CBI Championship on WednesdayCBS Sports - Sports -
How much does long-term care insurance cost for a 75 year-old?
Long-term care insurance is an effective way to plan for the cost of care. But how much is it if you're already 75?CBS News - Top stories -
How 49ers, other NFC powers should fare in division races next season
Jennifer Lee Chan predicts how the NFC will shape up following NFL free agency.Yahoo Sports - Sports - NFL -
Wrestlemania 2024 Start Time, How To Watch, Match Card, And Predictions
WWE's premiere PLE event is just around the corner, and this time, it's extra large. Wrestlemania XL takes place on Saturday, April 6 and Sunday, April 7, and it's sure to be two nights filled with iconic moments that will live up to the hype, ...GameSpot - Tech