L.A. City Council backs plan to double sewer fees
Many Los Angeles residents will see their sewer fees double over the next four years, with the City Council approving the increases Tuesday over the…
Exact rate wages are rising revealed – what it means for your money
WAGES are rising for millions of workers across the UK, new figures reveal. Growth in regular pay, excluding bonuses, grew by 6% between January and…
Weekly markets round-up: Optimism high on interest rate cut hopes
Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating…
South Korea will establish ministry to address low birth rate, Yoon says
President Yoon Suk Yeol held a rare press conference Thursday and vowed to create a ministry to address the country's record-low birth rate. Photo by…
California utilities seek higher fixed monthly fees
With little debate two years ago, state lawmakers passed a complex energy bill that enabled a sweeping change in how most Californians are billed for…
Riksbank Suspense Mounts Over Possible Rate Cut: Decision Guide
Breadcrumb Trail LinksPMN BusinessThe Riksbank will either cut borrowing costs this week to aid the economy or else shirk from a move to avoid weakening…
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be…
Rate Chokehold on World Economy Is Set to Loosen Only Slowly
Breadcrumb Trail LinksPMN BusinessThe high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary…
Bernanke Urges BOE to Give Market Clearer Guidance on Rate Path
Breadcrumb Trail LinksPMN BusinessBen Bernanke called on the Bank of England to consider publishing its own outlook for UK interest rates to improve the central…
What economists say about Bank of Canada’s interest rate hold
Breadcrumb Trail LinksNewsEconomyCentral bank held interest rates at 5% for the sixth consecutive timePublished Apr 10, 2024 • 3 minute read You can save this…
Why Biden is getting little credit for the resilient economy
WASHINGTON — As President Biden struggles to sell Bidenomics to skeptical voters, he’s facing the all-too-real consequences of stubbornly higher inflation, but he’s also battling human…
The Week Ahead on the Markets as the ECB prepares for its rate decision
This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic…
Live updates: ASX set to slide as Wall Street drops on Fed rate fears
Good morning, I hope you've enjoyed another short work week — if you got Easter Monday off.Federal Reserve officials have been busy giving speeches in…
Will the US unemployment rate continue at historic lows? | Business and Economy News
All eyes will be on Friday’s US unemployment numbers to see how many jobs were added in March and whether the unemployment rate continues to…
Bombardier borrows $750 million, scoring better interest rate
Article contentCanadian private-jet maker Bombardier Inc. sold a US$750 million junk bond Friday to help refinance debt due in 2026, raising the size of the…
Canada could need deeper interest rate cuts than other economies
Breadcrumb Trail LinksNewsCanadians second only to Australians in the share of their income spent servicing debtPublished Mar 25, 2024 • 5 minute read You can…
Bank of England confirms key interest rate decision – affecting everything from mortgages and credit cards to savings
MILLIONS of households will breathe a sigh of relief as the Bank of England left interest rates unchanged again today. Decision-makers on the Bank's Monetary Policy Committee (MPC)…
Report: E-waste rising at alarming rate around world
An image shows solar panels on the roof of living quarters used to house coronavirus patients at the Changi Exhibition Center Integrated Community Care and…
US Dollar Bets at Risk as Central Banks Sync on Rate Cuts
Breadcrumb Trail LinksPMN BusinessThe likelihood that central banks are about to embark upon the most synchronized reduction of interest rates since 2008 looks set to…
Japan ditches negative interest rate, overhauls loose monetary policy
Bank of Japan Governor Kazuo Ueda, speaking after a monetary policy meeting Tuesday said the decision to raise its benchmark interest rate out of negative…