1 week ago
The pound fell to a fresh 37-year low against the dollar and UK borrowing costs surged to the highest in more than a decade as the government's radical tax cut.
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The South African Reserve Bank's Monetary Policy Committee (MPC) surprised financial markets by delivering its biggest increase in borrowing costs in almost two…
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PayPal shares jump, Airbnb falls. Traders look toward key economic data. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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The UK is forecast to fall into recession this year, with the longest downturn since 2008 predicted. Increasing interest rates is one way to try and control inflation as it raises borrowing costs ...
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Higher borrowing costs eventually slow borrowing and thus economic activity. This should eventually slow inflation, which is the objective of central banks in raising interest rates. Those who have to borrow face higher costs ...
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The European Central Bank has “no limits” in its commitment to defend the euro, board member Isabel Schnabel said on Tuesday, stressing its willingness to launch a new instrument to counter any “disorderly” jump in the borrowing costs of ...
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Soaring borrowing costs are starting to cool the US housing market as buyers struggle to find properties they can afford.
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Consumers will be dealing with higher borrowing costs and higher prices, as the Fed tries to combat persistent inflation by raising interest rates.
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Economists expect a sharp increase in borrowing costs. That could impact credit cards, loans and other debt.
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DAYTON, Ohio (WKEF) -- From tax credits and discounts on everything, from electric cars to solar energy, to cheaper prescription medications and health care, the mammoth, $738 billion Inflation Reduction Act signed into law, covers a lot of ground.
Read more at Dayton 24/7 Now
Investor Ryan Cohen has confirmed that he sold his entire stake in retailer Bed Bath & Beyond Inc., and shares plummeted in after-hours trading for a second...
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Bed Bath & Beyond shares tumbled more than 35 per cent in extended trading on Thursday after one of the company's largest shareholders officially sold his stake in the company. A filing with the Securities and Exchange Commission on ...
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The U.S. Bureau of Ocean Energy Management (BOEM) is taking the next step in the effort to build out the U.S. offshore wind energy sector. Under the B...
Read more at The Maritime Executive
That came after she had previously signed separate legislation to advance the state's creation of America's first research area for floating offshore wind in federal waters in the Gulf of Maine. The just-released RFI is the ...
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Five months after disclosing a stake in Bed Bath & Beyond, activist shareholder Ryan Cohen has tapped out, sparking a selloff in the shares of the home goods retailer. The Union, New Jersey-based company slumped 27% in late trading, on top of a 20% ...
Read more at Fortune