Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Interest Rates

Scots face huge mortgage payments as UK interest rates expected to jump

The Tory policy of cutting taxes for the rich has caused a sharp drop in the value of the pound - and interest rates could rise as a result.

Daily Record

Warning mortgage payments could jump by £10,000 a year if interest rates hit 6%

Homeowners have been warned they face paying almost £10,000 a year more on their mortgage if interest rates continue to climb and hit 6% next year - here is what to do next

Daily Mirror

Everything you need to know after pound hit all-time low against US dollar

The pound has hit a record low after sweeping tax cuts were announced by the chancellor on Friday. Here we explain some of the reasons behind the fall and how it affects households and businesses across the country

Daily Mirror

From analysis to the latest developments in health,
read the most diverse news in one place.

Tuesday briefing: Three scenarios for the British economy after the pound slumps

In today’s newsletter: The Guardian’s special correspondent Heather Stewart talks us through the best, worst and most likely result of another chaotic day in the money markets

The Guardian - UK

What is Kwasi Kwarteng really up to? One answer: this is a reckless gamble to shrink the state

In the US they call it ‘starving the beast’ – cut taxes and, as revenue decreases, you create irresistible pressure for austerity, says Adam Tooze, an economic historian at Columbia University

The Guardian - UK

ASX boosted by miners, Dow Jones index in bear market, Australian dollar comes off lows

The Australian share market regains some ground, as the Dow Jones index enters a bear market, while the Bank of England says it will not hesitate to raise interest rates. The Australian dollar falls to the lowest since May 2020.

ABC News

Bank Stocks Are Historically Cheap, But May 'Need To See More Pain' Before It's Time To Buy

The SPDR S&P Bank ETF (NYSE: KBE) is down 18.6% year-to-date, only slightly outperforming the S&P 500 as a whole. Rising interest rates are typically good news for bank earnings, but the weakness in bank stocks as of late has been driven by concerns over a potential slowdown in the…

Benzinga

Read news from The Economist, FT, and more,
with one subscription

What could the Bank of England do after pound plummets to record low?

Analysts want Bank of England to increase interest rates to ‘restore credibility’ to UK economy

The Independent UK

5 steps you can take to manage a hike in interest rates

The governor of the South African Reserve Bank recently announced an increase in the lending rate by 75 basis points. This means the repo rate (the rate at which the central bank lends money to commercial banks) will increase from 5.5% to 6.25% and the prime rate (the rate commercial…

The Conversation

Money expert shares how to manage your mortgage, credit cards and savings after interest rates rise

The new Bank of England base rate of 2.25% is the highest level since November 2008.

Daily Record

This Federal Reserve policy you’ve never heard of could have the biggest effect on your wallet

The Federal Reserve is making headlines by raising interest rates at the fastest pace in a single year since the 1980s, concerning investors and consumers alike with fears the central bank could go too far, too fast.

Tribune News Service

Markets warn sterling slump could lead UK interest rates to triple by next year

Analysts expect Bank of England to convene meeting to raise rates with further increase in November

The Guardian - UK

Single mum Tessa works 'side hustles' to get ahead of rising interest rates

Despite a slight uptick, the unemployment rate in Australia is still at record lows. But for many, one job simply isn't enough to keep up with the rising cost of living.

ABC News

Fed’s Bostic says US could have a ‘relatively orderly’ slowdown

Federal Reserve Bank of Atlanta President Raphael Bostic said the strong U.S. job market suggests the economy could slow down in “a relatively orderly way” as the central bank bears down on inflation by raising interest rates.

Tribune News Service

Get all your
news in one place.

100's of premium titles.
One news app.

WEKU

Stocks and bonds both get clobbered this time. Here's what's behind the double whammy

Stocks are down more than 20% this year. Usually when that happens bonds hold their value. But right now both are down sharply, hurting retirees and people saving for college in 529 plans.

Benzinga

'A Hard Landing Scenario Is Inevitable': Goldman Sachs Cuts S&P500 Targets As Investors Flock Into Cash

Goldman Sachs (NYSE: GS) is reducing its valuation projection for the S&P 500 as rising interest rates signal bad times for stock prices. Investors are reacting by shunning most asset classes and going into cash as a way to weather the storm.

Asharq Al-Awsat

Bankrupt Crypto Lender Voyager’s CFO to Exit Months After Appointment

Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July. The company said on Friday the finance head would resign after a "transition period" to pursue other opportunities, and…

Daily Record

General election must be called so public pass their verdict on this bunch of charlatans

Record View says voters are anxiously wondering how they can pay the bills, with rampant inflation, rising interest rates and sky high energy costs draining their finances.

Get all your
news in one place.

100's of premium titles.
One news app.

Tribune News Service

Buyer’s remorse, agent bonuses take hold as higher interest rates change homebuying

Some of the nation’s largest homebuilders are lowering prices, providing discounts and pulling out of land deals as higher mortgage rates on top of already sky-high home prices continue to take a toll on buyer affordability.

Tribune News Service

Could we be heading toward a global recession?

It's been a rough couple of weeks on the stock market, ending recently with a warning from FedEX about a downturn in the global economy that sent shares tumbling.

Bangkok Post

Shifting into the new equilibrium

From our point of view, the global economic landscape in the fourth quarter will be very important. We believe that the coming quarter will bring a shift in the global economic picture to a new equilibrium.

Bangkok Post

Sell-off continues as inflation fight stepped up

RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

Bangkok Post

The secret of the greenback's appreciation

Despite rampant inflation and slowing growth, the US dollar keeps going from strength to strength. Since May last year, the greenback has risen by 28% against the yen and 20% against the pound. In addition, it has appreciated 19% against the euro, reaching parity for the first time since 2002.

StockNews.com

The Most Sought-After Tech Stock to Buy Right Now

Shares of Microsoft (MSFT) have shed more than 25% year-to-date, with the rising interest rates causing a massive tech sell-off. However, the current low price level allows long-term investors to take a position in the stock to benefit from its solid growth prospects. The company has guided double-digit growth for…

StockNews.com

3 Stocks That Can Outlast a Bumpy Market

As the Fed raised benchmark interest rates by another 75 basis points to fight inflation, growth projections have dimmed down. With market conditions remaining uncertain, fundamentally strong stocks Johnson & Johnson (JNJ), Oracle Corporation (ORCL), and Kroger Co. (KR) might be solid buys to cushion your portfolio. Read more.

1 … 230 231 232 233

People

Dipanjan BanchurSince

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Microsoft Corporation

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.