UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.
In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo
Wall Street rallies after Fed Chair Jerome Powell hints at future rate cuts, sparking optimism in global markets. Intel shares and Asian indices show mixed reactions.
Mercury Insurance is pushing for a significant rate increase in California, citing rising costs and market instability, as homeowners face soaring premiums.
Lloyds Bank has introduced a new savings account offering an impressive 6.25% interest rate. Find out if this limited-time deal is the right move for your money.
Apple enhances its Watch with advanced health monitoring tools, offering users more precise heart rate and blood oxygen tracking.
Homeowners in Australia may need to wait several weeks before seeing any relief from the Reserve Bank's latest rate cut, as lenders take time to adjust their mortgage rates.
Westpac, ANZ, NAB, and CBA have announced significant rate cuts after the Reserve Bank of Australia's latest move. Discover how this impacts mortgages and savings.
Japan's population decline accelerates with plummeting birth rates, raising alarms over economic and social stability by 2025.
The Reserve Bank of Australia has lowered the cash rate to 3.6%, offering much-needed relief for mortgage holders amid economic uncertainty.
A former City trader has had his conviction for Libor rate-rigging overturned, marking a dramatic turn in one of the financial sector's most notorious scandals.
Millions of Australian homeowners are being warned about a critical mortgage mistake that could lead to significant financial losses ahead of a major interest rate decision.
Experts predict the Reserve Bank of Australia will cut interest rates this August, offering relief to borrowers amid economic uncertainty.
Japan's birth rate crisis is set to worsen, with projections showing a potential loss of one million people per year by the 2040s, threatening economic stability and social structures.
With the Bank of England hiking interest rates yet again, homeowners on variable mortgages face steep repayments while savers see little benefit. Here’s what it means for you.
The Bank of England has kept interest rates unchanged at 5.25%, offering temporary relief to mortgage holders. However, experts warn that persistent inflation could lead to future hikes, squeezing household budgets further.
The Bank of England has slashed interest rates to a historic low of 0.1% in an emergency response to the economic fallout from the coronavirus pandemic. Find out what this means for savers, borrowers, and the UK economy.
Former US President Donald Trump's claims about soaring crime rates under Biden are contradicted by the latest FBI statistics showing a significant drop in violent offences.
The Productivity Commission explores the potential benefits of lowering company tax rates, using a cashflow model to predict economic growth and business investment.
China introduces financial incentives to encourage couples to have more children as the country faces a looming demographic crisis. Experts weigh in on whether this strategy will work.
China introduces new childcare subsidies and parental leave policies to encourage families to have more children amid a deepening demographic crisis.
David Crisafulli asserts a decline in Queensland's crime victim rate, but Labor criticises the data as cherry-picked. A heated debate unfolds over crime statistics.
The Reserve Bank of Australia faces a critical decision on interest rates as new inflation figures set the stage for potential cuts. Experts weigh in on the economic outlook.
New research reveals a dramatic drop in the number of cousins per child in the UK, as family sizes shrink and birth rates decline. Experts warn of social and cultural implications.
New data reveals a notable drop in homicide rates across major US cities, marking a positive shift in urban safety trends.
State Farm has ignited outrage in Illinois with an unprecedented 30% rate increase for homeowners' insurance, prompting calls for regulatory intervention.
Two former City traders have had their convictions for rigging key financial rates quashed by the Court of Appeal, marking a dramatic turn in a long-running legal saga.
Britain's unemployment rate has surged to its highest level in four years, raising concerns over the effectiveness of current economic policies. Experts warn of deepening challenges in the job market.
Australian Prime Minister Anthony Albanese faces criticism as unemployment climbs despite soaring immigration levels, sparking debate over economic priorities.
Both England and India face fines for slow over-rates in their recent Test series, with players losing significant match fees. Find out the details and implications.