Sweden hikes key interest rate to highest level in 15 years
Riksbank Gov. Erik Thedeen (R) and Monetary Policy Department Deputy Head Mattias Erlandsson told a press conference in Stockholm on Wednesday, announcing they were forced…
British inflation rate slows, but rocketing food prices keep it in double digits
1/3 Accelerating costs of food and non-alcoholic drinks in Britain ensured Consumer Price Inflation stayed in double digits in March. Food price inflation is now…
The Bidens made $579K last year, and paid a 23.8 percent tax rate, their returns show
The numbers closely mirrored those from last year, when the Bidens reported paying $150,439 in federal income taxes on $610,702 for an effective tax rate…
U.S. adds a healthy 236,000 jobs despite Fed’s rate hikes
Despite last month’s brisk job growth, the latest economic signs increasingly suggest that an economic slowdown may be upon us. Manufacturing is weakening. America’s trade…
California State Farm car insurance customers get rate hike
California drivers who use State Farm for their auto insurance coverage are facing a premium increase of $263.7 million, the largest total amount approved since…
Premier warns of ‘challenging budget’ ahead as government feels interest rate pinch
Interest payments on Victoria's debt have ballooned past original estimates as the Andrews government grapples with rapid rate rises.Key points:The Victorian government will pay hundreds of millions of dollars more…
I’m a 5’8″ country girl – I rate myself a 6/10 but I’m looking for an older guy, and men say it’s a ‘deal’
A DECENTLY tall country girl has put herself out there online in the hopes of finding her older southern gentleman. The 5'8" woman rated herself…
Switzerland hikes interest rate to 1.5%, says Credit Suisse takeover halted ‘crisis’
The Swiss National Bank announced a 50 basis point hike in its main interest rate to 1.5% Thursday as inflation continues to tick up in…
Fed hikes interest rate 0.25 point to curb inflation
WASHINGTON—The Federal Reserve raised its key short-term interest rate by a quarter percentage point Wednesday, pushing ahead with its aggressive campaign to tame inflation despite…
UK inflation rate surprisingly jumps to 10.4 percent in February | News
Overall inflation for food and non-alcoholic drinks rose to 18.0 percent, its highest since 1977. Inflation in the United Kingdom unexpectedly rose to 10.4 percent…
Experts discuss how Fed rate hikes affected housing market past year
Exactly one year after the Federal Reserve began raising interest rates last March to slow down inflation – after slashing it to zero in March…
ECB says ‘uncertainty’ caused by global bank crisis will determine its interest rate policy
European Central Bank President Christine Lagarde told a conference Wednesday that the bank that the central bank was not wedded to raising interest rates, stressing…
Live updates on interest rate decision, stocks
Will the Federal Reserve continue to hike interest rates as the banking industry walks on eggshells after the implosion of Silicon Valley Bank and Signature Bank earlier…
Surging food prices drive Britain’s inflation rate sharply up to 10.4%
Britain's consumer price inflation rate jumped sharply in February the Office for National Statistics said Wednesday, with rising food prices largely to blame. File photo…
New retirees’ futures hurt by inflation, rate hikes. Can they recover?
For many newly minted retirees, dreams of an idyllic retirement have been quickly replaced with the harsh reality of penny-pinching and sleepless nights worrying about declining retirement balances. Last year, the…
U.S. hiring remains strong, raising expectations of higher interest rate hike
1/2 Sen. Elizabeth Warren, D-Mass, said U.S. Fed policies are designed to be job killers. Data, however, show new hires increased more than expected. File…
US adds a robust 311,000 jobs despite Fed’s rate hikes
Last month, the government reported a surprising burst of hiring for January — 517,000 added jobs — though that gain was revised down slightly to…
US Fed still up in the air on speeding up rate hikes: Powell | Business and Economy News
Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasised that debate was still under…
US Fed’s Powell opens door to higher, faster interest rate hikes | Business and Economy News
The United States Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to…
Fed Chair Jerome Powell testifies on speeding up rate hikes
Citing a recent surge in job growth and inflation, Federal Reserve Chair Jerome Powell told Congress Tuesday the central bank will likely raise its key interest…