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No police action after Rayner council house probe

Police had been investigating the deputy Labour leader over a house in Stockport she sold in 2015.
2024-05-28 22:07:35

Shop price rises back to 'normal', says retail body

Household budgets have come under pressure as prices soared in the wake of the pandemic.
2024-05-28 07:08:05

Tories pledge 'Triple Lock Plus' pension allowance

The Conservatives pledge to raise the tax-free pension allowance by at least 2.5% a year if they win the election.
2024-05-28 00:06:33

Energy bills likely to fall in July under new cap

Forecasts suggest Ofgem's latest price cap will mean the typical annual household bill will fall by 7%.
2024-05-24 04:06:42

Italian museum recreates Tanzanian butterfly forest to raise awareness on biodiversity research

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2024-05-23 05:07:10

Ahead of House hearing, Jewish Rutgers students, faculty condemn handling of campus antisemitism

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2024-05-22 15:09:34

Inflation rate falls to lowest in almost three years

Prices rose at 2.3% in the year to April, down from 3.2% the month before, official figures said.
2024-05-22 12:08:46

UK inflation falls to 2.3%, lowest level in almost three years

Despite the latest fall, inflation is still slightly above the Bank of England's target of 2%.
2024-05-22 08:08:18

Lithuania to Raise Taxes to Cover Higher Defense Expenditures

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2024-05-21 13:11:48

UK has room for three rate cuts this year, IMF says

The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.
2024-05-21 13:11:18

Summer interest rate cut possible, says Bank deputy

Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.
2024-05-20 22:09:10

Summer interest rate cut possible, says Bank deputy

Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.
2024-05-20 14:08:23

Lewisham woman, 82, bikes up Mont Ventoux to raise Gaza aid funds

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2024-05-18 11:09:43

Boy, 5, who died in fall from block of flats named

The Metropolitan Police says it is not treating the death as suspicious.
2024-05-17 14:08:49

The rise and fall of Canada's 'Crypto King' Aiden Pleterski

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2024-05-17 01:06:32

Mortgage rates cut but borrowing pressures remain

More homeowners are facing the first stage of the repossession process, new figures indicate.
2024-05-16 15:08:31

Child dies in fall from block of flats

A child has died after falling from a building in east London.
2024-05-16 12:08:59

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2024-05-16 07:08:42

The race to raise blood money to halt an execution

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2024-05-16 03:06:39

Four dead in protests against flour and energy prices

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2024-05-14 11:09:55

Mortgage rates rise after Fed says it will take 'forceful' steps to curb inflation

Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the central bank is taking "forceful and rapid" steps to reduce inflation and slow the economy.
2022-09-01 20:07:50

UK house prices fall for first time in six months

Prices fell in March with higher mortgage rates affecting affordability, the Halifax says
2024-04-05 12:09:24

How do we know when we're in a recession? Here's what to know

? Mortgage rates fall as fears about the US economy loom ? Steak is having a moment
2022-07-29 11:08:05

Don't expect home prices to come crashing down

Rising mortgage rates are taking a toll on the US housing market. But those hoping for prices to drop probably won't catch a break anytime soon.
2022-08-31 21:09:13

UK interest rates expected to rise for 14th time

The Bank of England is widely expected to raise rates as it battles to slow soaring prices.
2023-08-03 04:58:48

New US home sales bounce back in August

New home sales bounced back in August despite high prices and rising mortgage rates that have pushed some buyers away.
2022-09-27 20:08:24

New home sales bounce back in August

New home sales bounced back in August despite high prices and rising mortgage rates that have pushed some buyers away.
2022-09-28 13:06:33

Europe's historic inflation fight begins now

The European Central Bank is about to raise interest rates for the first time in 11 years as it attempts to put a lid on record inflation fed by surging energy prices.
2022-07-21 16:06:49

Could a housing slump threaten the stock market and the entire economy?

The red-hot housing market is starting to show signs of cooling off. Prices have spiked to levels unaffordable for many prospective buyers, and mortgage rates have jumped following the Federal Reserve's rate hikes and a surge in bond yields.
2022-06-22 16:07:21

Why it's so hard to buy a home right now

Home prices have skyrocketed by nearly 20% over the last year and mortgage rates have risen faster over the past three months than they have in decades. But the high cost to buy a home is not the only obstacle prospective buyers are facing.
2022-04-14 16:09:28

US home sales fall for 9th month in a row in October

Home sales in the US declined for the ninth month in a row in October as surging mortgage rates and high prices pushed buyers out of the market.
2022-11-18 22:10:25

Home sales dropped 20% in August from a year ago

Home sales declined for the seventh month in a row in August as higher mortgage rates and stubbornly high prices pushed prospective buyers out of the market.
2022-09-22 02:10:13

Housing slump likely to continue but some see hopeful signs ahead

Mortgage rates have ticked down recently, but are still up dramatically from a year ago thanks to the surge in long-term bond yields as the Federal Reserve hiked interest rates.
2022-12-18 15:09:19

Economists' crystal balls are growing cloudier. But they still expect a recession

The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren't stellar. And mortgage rates are ticking higher.
2023-02-27 08:06:24

Another big Fed rate hike is coming. But how many more after that?

The Federal Reserve is widely expected to raise interest rates by a half of a percentage point for the second consecutive time at the end of its next meeting on June 15. After that, all bets are off. Bigger rate hikes could be in the cards as consumer prices surge.
2022-06-13 06:07:34

US home prices fell in December for the sixth-straight month

US home prices fell for the sixth month in a row in December, as rising mortgage rates pushed prospective buyers out of the housing market, according to the latest S&P CoreLogic Case-Shiller US National Home Price Index, released Tuesday.
2023-02-28 23:07:33

High gas prices complicate Democrats' hopes of picking up US House seats in California

It has been a year of difficult choices for families in California's 22nd Congressional District -- a place Democrats have long eyed as one of their top pickup opportunities as they look to hold onto the US House in this fall's midterms. But as the Golden State contends with the highest gas prices in the nation heading next Tuesday's primaries, the financial pain felt by families is overshadowing every other issue.
2022-06-01 13:06:04

American home building slumped again in November

Home building pulled back in November, as buyers faced spiking mortgage rates topping 7% that make homes increasingly unaffordable, even as rates fell slightly through the month.
2022-12-20 16:06:49

Homeowner pain as major banks hike mortgage rates

Lenders respond over views the Bank of England may not cut interest rates as soon as previously thought.
2024-04-22 19:08:52

Get ready for even bigger rate hikes from the Fed

The jobs market is still healthy and paychecks are growing at a solid rate ? although not fast enough to make up for surging prices on just about everything. That means that the Federal Reserve is increasingly certain to raise interest rates in May by a half-point to halt inflation in its tracks.
2022-04-01 21:09:29

American home building slumped again in November

Home building pulled back in November, as buyers faced spiking mortgage rates topping 7% that make homes increasingly unaffordable. Rates fell slightly through the month, but are still double what they were a year ago, continuing to put pressure on new home purchases.
2022-12-20 21:10:42

UK inflation at 10-year high sets stage for interest rate rise within weeks

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade.
2021-11-17 11:41:01

UK inflation at 10-year high sets stage for interest rate rise within weeks

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade.
2021-11-17 21:13:14

Record Home Depot sales show US housing market is still strong

Soaring mortgage rates and unaffordable home prices are worrisome signs for the broader housing market and economy. In another worrisome sign, housing starts and building permits for July both fell from June levels and missed economists' forecasts. But don't tell that to Home Depot. The home improvement retail giant reported record earnings and sales for its most recent quarter.
2022-08-16 17:07:24

'Brutal reality' is not much more can be done on gas prices, Commerce secretary says

Commerce Secretary Gina Raimondo conceded Tuesday that there is not much more the White House can do to tackle record high gas prices for Americans, casting blame on Russia's invasion of Ukraine.
2022-06-08 00:06:27

$3 gas could be around the corner

US gasoline prices continue to fall, and they could keep falling, raising the possibility of gas below $3 a gallon in much of the country before the end of the year.
2022-08-16 00:05:49

Dollar Tree's $1.25 price strategy is actually working

When Dollar Tree said it would raise prices to $1.25 after 35 years sticking to $1, some fans protested and industry analysts questioned the decision.
2022-11-23 22:13:03

Italy waters down windfall tax on banks

The announcement prompted a rebound in the share prices of Italy's lenders.
2023-08-09 22:07:54

Fed Chairman Powell: We need to raise interest rates quickly

The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary policy, according to Fed Chairman Jerome Powell.
2022-03-21 21:09:03

Why America's job market hasn't imploded

Despite a stock-market bounce in October that gave the Dow its biggest monthly gain in more than 45 years, economists are warning that there's a very real danger of recession in the United States. Mortgage rates are at their highest levels since 2002, consumer spending and business investment is falling and the Federal Reserve is fighting persistent inflation with higher interest rates.
2022-11-01 16:07:19

'Blockbuster' jobs report suggests Fed can raise rates without tanking the economy, Austan Goolsbee says

January's shockingly strong jobs report suggests the US economy is healthy enough to withstand the Federal Reserve's plans to raise interest rates in the coming months, former Obama economist Austan Goolsbee told CNN on Friday.
2022-02-06 00:17:43

House Republicans in talks over one-year debt ceiling plan in push to challenge White House

House Republican leaders are moving behind the scenes to get their conference behind a plan that would raise the debt ceiling for one year with a slew of cuts and revenue raisers, a move intended to strengthen their negotiating position with the White House in the high-stakes standoff.
2023-04-16 21:06:22

How the Biden admin is quietly eyeing Saudi Arabia and UAE relations to offset surging oil prices

An intense, closely guarded diplomatic effort by a core team of Biden energy and national security officials to raise global oil production amid surging prices from Russia's war in Ukraine has fostered a cautious sense of optimism inside the White House.
2022-03-11 21:10:19

Cancer death rates will fall despite Covid, study shows

2021-02-22 08:06:00

Not all Republicans are embracing McConnell's vaccine push. Read what some had to say when asked this week

Nearly half of House Republicans still won't say publicly? whether they are vaccinated against Covid-19, even as new cases rise nationwide.
2021-07-22 21:05:42

Dow bursts higher after US economy grows stronger than expected

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2022-10-27 16:10:22

Average two-year mortgage rate falls below 6%

Mortgage providers have been cutting rates, but many homeowners still face a payment shock.
2023-12-08 11:13:06

What the banking crisis means for mortgage rates

Mortgage rates have taken would-be buyers on a ride this year ? and it's only March.
2023-03-24 16:07:52

Here's how your gas could hit $5 a gallon

The surge in oil prices this year has angered drivers, tainted Americans' views on the economy and confounded both the White House and Federal Reserve. Unfortunately, JPMorgan Chase says the oil spike is just getting started.
2021-11-30 03:05:56

Republicans will win the House, CNN projects

Republicans will win the House of Representatives, CNN projects, in a victory that will fall short of their hopes of a "red wave" but thwart President Joe Biden's domestic agenda and will likely subject his White House to relentless investigations.
2022-11-17 18:06:31

Turkey's inflation hits 36% amid financial turmoil

The cost of living hits a 19-year high as the country refuses to raise its interest rates.
2022-01-03 14:06:35

Analysis: The Truss tax plan in the UK cushions the wealthy while pushing borrowers toward a financial cliff

After tumbling to a record low against the dollar, the British pound stabilized Tuesday, rising more than 1% to $1.08.
2022-09-28 11:09:19

White House unveils a monthlong focus on the economy as prices rise and poll numbers fall

The White House this week is kicking off a month-long effort to place a heavy focus on the economy as inflation worries become the top concern for the White House before this fall's midterm elections.
2022-05-31 20:07:08

Coronavirus wave this fall and winter could potentially infect 100 million, White House warns

The Biden administration is issuing a new warning that the US could potentially see 100 million Covid-19 infections this fall and winter, as officials publicly stress the need for more funding from Congress to prepare the nation.
2022-05-07 08:06:43

Megjelentek a Zoom-meetingen, mind a 900 résztvevõt kirúgták

A Better Mortgage dolgozóinak csaknem tizedétõl válnak meg.
2021-12-06 17:25:23

What rising interest rates mean for you

The Federal Reserve raised its benchmark interest rate for the sixth time in a row on Wednesday, to a range of 3.75% to 4%.
2022-11-03 16:06:25

What rising interest rates mean for you

In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending rate to a range of 3% to 3.25%.
2022-09-22 16:06:15

House Republicans rally around midterm agenda

House Republicans on Thursday rallied around a policy blueprint that will serve as their political mission statement this fall, after getting a sneak peek of the document on Thursday from GOP Leader Kevin McCarthy and hearing messaging advice from a former House speaker and former Donald Trump adviser.
2022-09-23 00:08:29

US home building surged in February

US home building jumped higher in February, turning around after five consecutive months of falling even as mortgage rates were climbing last month.
2023-03-16 17:06:56

The cost of food is down, but grocery bills are still up. Here's why

Why aren't prices falling at the grocery store? When food producers started raising prices a few years ago, they blamed their own costs, including higher ingredient prices. But ingredient prices have actually been on a downswing for months, and individuals are still paying more for food.
2023-03-09 15:11:13


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