The Latest Breaking News from Interest Rates

Tuesday: A double whammy of interest rate rises expected over next two months. Plus: Winston Churchill’s ‘magnificently idiotic’ platypus quest

Interest rates have just risen, again. But do you understand why? Here's everything you need to know.

Kohl's Corp. has called off its sale to Franchise Group Inc. amid rising interest rates and an uncertain economic environment that is having a chilling effect on deal making.

Teacher Allan Qi has a unique perspective when it comes to the property market. He is both a landlord and a tenant and is increasingly worried about the increase in interest rates.

Banks have indicated higher interest rates are planned for mortgages and auto loans in response to rising financial costs and a policy rate hike.

Barbara Aldridge's second-hand book business is amongst the first to feel the impact of interest rate rises — and she's especially worried about the impact on younger mortgage holders.

High inflation and rising interest rates will add to the pressures on mortgage borrowers.

Australians must brace for the worst housing downturn on record as rising rates and recession fears affect the property market, according to major banks.

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…