The Latest Breaking News from Interest Rates

We’ve rounded up ten financial updates to expect in September, as Brits prepare for a tough winter with the energy price cap confirmed to rise to £3,549 in October

Renters in Newcastle and Lake Macquarie are forking out a larger portion of their income than Sydneysiders to put a roof over their head according to a new housing affordability report. And saving for a deposit for a unit is also a longer slog in Newcastle and Lake Macquarie compared…

Thai and other Asian stock markets tumbled on Monday, with the regional benchmark approaching a two-year low last seen in mid-July, as investors fled risk assets after the US Federal Reserve signalled that it would keep raising interest rates to rein in inflation.

  Gold Sees Light at the End of the Fed’s Tightening Tunnel The FOMC hiked rates by 75 basis points in July. However, the recession drums are getting louder, and gold likes such music.

Due to high inflation, rising interest rates, increased borrowing costs, and recession fears, cruise shipping companies are struggling to keep themselves afloat. Given their weak fundamentals, Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are not well-positioned to survive the challenging macroeconomic environment, so we think these stocks are best…

The U.S. market came back in July and early August owing to a robust job market, strong corporate earnings, and a slight decline in inflation. However, the Fed’s hawkish stance to hike the interest rates aggressively until inflation comes down to the target level is expected to keep the market…

Authorities in central China have announced the arrests of 234 people allegedly involved in a scam to bilk people out of their savings with the false promise of high interest rates

It's tough for credit card issuers to impress you. Credit card rewards and interest rates change constantly. And competition for customers is fierce, with card companies spending big to lure them. American Express (AXP) finished ahead of other credit card issuers in this year's IBD Most Trusted Financial Companies customer…

Asian shares have declined after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation