U.S. added 209,000 jobs in June; more interest rate hikes may be on the way
1/3 Data from June show hiring in the U.S. economy, though average gains over the first six months of the year were below year-ago levels,…
Live updates: ASX set to plunge after US labour data stokes interest rate hike fears, causes sharp losses on Wall Street
Good morning, it's Friday July 7 and you're reading the ABC's business and markets live blog. Let's cut right to the chase — overnight, Wall…
Will the Reserve Bank of Australia’s rate hike number 13 finally sink the economy?
The floor has been littered with shards of crystal in recent months as the economic soothsayers have routinely miscalled the Reserve Bank of Australia's next…
Twitter limit confusion. ‘Rate limit exceeded’ — Is Twitter down?
Twitter owner Elon Musk on Saturday announced "temporary limits" on the number of tweets users are able to read, an announcement that comes amid reports…
Fed Chair Jerome Powell doubles down on more interest rate increases
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee on June 21. He said on Wednesday that more interest rate hikes…
Love Island brings back heart rate challenge as Tyrique admits his true feelings to Ella
SPOILER! Love Island's famous heart-rate challenge is back to cause hilarity and spark arguments between couples as they fight to make each other's pulses race…
Fed Chair Jerome Powell tells Congress more interest rate hikes are likely
Federal Reserve Chairman Jerome Powell holds a news conference following the Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board…
Will the Fed cut rates? An interest rate decision forecast for 2023
The Federal Reserve paused its aggressive rate hiking campaign Wednesday for the first time in 18 months but signaled emphatically that its battle against inflation…
Fed pauses interest rate, signals two more hikes are likely: live updates
WASHINGTON – And then the Fed rested.After its sharpest flurry of interest rate hikes in four decades, the Federal Reserve held its key rate steady…
Will there be another rate hike?
As grocery and gas prices decline, the Federal Reserve is expected to leave the key interest rate where it stands Wednesday, pausing a historic streak…
Flight prices to Europe holiday hotspots soar at six times the rate of inflation
Flight prices have been soaring as airlines and airports look to recover post-pandemic to a host of holiday hotspots in Europe for summer 2023 Source…
Planet warming at ‘unprecedented rate’, study finds | Climate Crisis News
Global greenhouse gas emissions have reached a record high amid an unparalleled acceleration in global warming, according to a new study. From 2013 to 2022,…
Amid soaring debt from mortgages, Canada makes surprise rate hike
1/2 After standing pat for months, the central bank of Canada announced Wednesday it was hiking its overnight lending rate by 25 basis points. Photo…
World Bank cuts 2024 global growth forecast as rate hikes bite | Business and Economy News
Two-thirds of developing economies will see lower growth than in 2022, dealing a major setback to coronavirus pandemic recovery. The World Bank has raised its…
Japan’s birth rate drops to fresh record low | Business and Economy
Latest figures released by health ministry show birth rate has dropped below previous low of 2005. Japan’s birth rate declined for the seventh consecutive year…
National property price rebound gathering pace despite interest rate rises, with Sydney leading the recovery
The house price recovery gathered pace in May, with Sydney continuing to lead a broad recovery, as the number of properties listed for sale fell…
Inside the UK's 'best holiday park' Brits rate higher than Center Parcs
Bluestone National Park Resort in Pembrokeshire, Wales is a family holiday park that gives Center Parcs a run for its money when it comes to…
U.S. adds a strong 253,000 jobs despite Fed’s rate hikes
Since hitting a four-decade high last year, inflation has steadily eased yet is still well above the Fed’s 2 percent target level. Fed Chair Jerome…
Fed raises key rate but hints it may pause amid bank turmoil
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16…
RBA boss Philip Lowe defends shock interest rate rise, saying ‘there is a limit’ to inflation patience
Just a month after the Reserve Bank of Australia (RBA) kept rates on hold — to assess the economic fallout from an unprecedented string of…