The Latest Breaking News from Interest Rates

The London Stock Exchange said an '"incident" has caused it to suspend trading in a number of shares.

Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?

Resolution Foundation also calls for Bank to have power to set below-zero interest rates in response to future downturns

The Resolution Foundation is warning the UK is on course for debt to rise to around 140% of economic output over the next 50 years.

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2019 through 2022, while low interest rates made it easier for households to pay their debts

The U.S. banking industry has been facing several headwinds, including slowing loan growth, stricter capital requirements, rising deposit costs and credit rating downgrades. Amid the uncertainty surrounding the U.S. banking industry’s prospects, it could be wise to look beyond borders and buy fundamentally strong foreign banking stocks Barclays (BCS), Agricultural…

Most forecasters do not expect a cut for another year

City experts expect the headline inflation rate to dip to 6.6%, the lowest rate since February 2022: the month Russia invaded Ukraine.

The “Shark Tank” star sold her property business for $66 million in 2001.

Americans kept spending in September at a solid pace even as they grappled with higher prices and interest rates

Basic pay outpaces inflation for the first time in almost two years, but fall in vacancies suggests jobs market is cooling