European markets drop following week of interest rate decisions
The Bank of England kept rates steady at 4.5% on Thursday, as inflation remains sticky and global uncertainty ratchets up. ADVERTISEMENTEuropean markets opened downbeat on…
‘Unexpected’ rate of sea level rise in 2024: NASA | Environment News
Earth’s oceans rose faster than expected last year as the world experienced its hottest year on record, NASA says.Sea levels rose faster than expected around…
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis said Friday. Excluding food and energy,…
South Korea birth rate rises for first time in 9 years on marriage boom
South Korea saw its birth rate grow in 2024, Statistics Korea announced Wednesday, marking the country's first increase in nine years. File Photo by Yonhap/EPA-EFE…
Conflicts trigger globe’s highest rate of internet shutdowns in 2024: NGO | Internet News
Wars in Gaza, Ukraine and Myanmar among those spurring ‘digital violence’.Governments around the world oversaw a record-breaking year for internet shutdowns in 2024, a new…
BOK May Resume Rate Cuts as Fiscal Aid in Limbo: Decision Guide
Breadcrumb Trail LinksPMN BusinessThe Bank of Korea is widely expected to resume its easing cycle this week in the absence of early fiscal stimulus, supporting…
Huge spike in brain activity in dying patient with no heart rate evidence of ‘soul leaving the body’, expert claims
A mysterious burst of energy that happens in the brain as we die could be the soul leaving the body, according to an expert.Dr Stuart…
India cuts key interest rate for first time since 2020 amid slowing growth | Business and Economy
Reserve Bank of India announces first rate cut in nearly five years as world’s most populous nation faces slowdown.India’s central bank has cut its benchmark…
Bank of Korea Rate Cut Not a Done Deal This Month, Rhee Warns
Breadcrumb Trail LinksPMN BusinessBank of Korea Governor Rhee Chang-yong pushed back against mounting speculation of an interest-rate cut later this month as he called for…
Bank of England Set for Third Rate Cut With Britain In Stagflation
Breadcrumb Trail LinksPMN BusinessThe Bank of England is expected to cut interest rates for a third time on Thursday while downgrading its UK growth forecasts…
Fed pauses interest rate cuts. What happens next may depend on Trump
WASHINGTON — After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over…
Markets recover from DeepSeek turmoil ahead of key rate decisions and tech results
Global stock markets rebounded from the previous day's selloff, ahead of major tech earnings and central bank rate decisions. ADVERTISEMENTBoth European and US stock markets…
Australia’s Cooling Inflation Opens Door to RBA Rate Cuts
Breadcrumb Trail LinksPMN BusinessAustralia’s core inflation eased by more than expected in the final three months of 2024, opening the door to an interest-rate cut…
How does British football food rate with Champions League away fans?
How does British football food rate with the Champions League away fans who have visited the UK during the league stage? Source link
The markets: Central bank rate decisions, tech earnings, and key economic data
Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate quarterly results. ADVERTISEMENTStock markets posted consecutive…
Boost for under fire Rachel Reeves after surprise inflation fall raises hopes of interest rate cuts
UNDER-pressure Rachel Reeves was given a glimmer of hope as inflation fell — raising interest rate cut hopes.The Chancellor saw inflation sink 0.1 per cent…
Japan’s Household Spending Falls, Weighing on BOJ Rate Hike Path
Breadcrumb Trail LinksPMN BusinessJapan’s households cut consumption for a fourth month as inflation continues to weigh on their purchasing power, showing an economic fragility that’s…
Bond Turmoil Raises Prospect of Slower Bank of England Rate Cuts
Breadcrumb Trail LinksPMN BusinessBritain’s market upheaval has put the spotlight on its Labour government this week, but economists say the Bank of England will also…
Fire evacuees can find rooms at these L.A. hotels
The Hotel Assn. of Los Angeles reported that its members “are currently taking in thousands of Angelenos who have been displaced by the Palisades, Eaton…
US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’.United States Federal Reserve…