The Latest Breaking News from Interest Rates

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

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

Top officials from the world’s biggest central banks coalesced around a simple message in Jackson Hole this weekend: They are ready to follow through with higher interest rates, even if it does some damage.

Corporations are pushing up prices at the expense of Americans

A full calendar of data is expected to shed some light on the state of the economy as interest rates rise and the cost of living surges.

RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.

When I sat down to write this article, the most eye-catching event on the annual calendar of global monetary policy authorities was about to get under way. Analysts agreed the headline speaker at the US Federal Reserve conference in the mountain resort town of Jackson Hole, Wyoming — Fed chairman…

A majority of Australian companies have lifted profits in the August earnings season but concerns over costs and a slowing economy weigh on the outlook.

Federal Reserve Chair Jerome Powell signaled the U.S. central bank is likely to keep raising interest rates and leave them elevated for a while to stamp out inflation, and he pushed back against any idea that the Fed would soon reverse course.