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Savers should be cheering higher interest rates. So why are they unhappy?
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:46
Minnesota governor signs gun safety measures: red flag law, expanded background checks
Minnesota governor signs gun safety measures: red flag law, expanded background checks
Minnesota Democratic Gov. Tim Walz has signed two gun safety measures into law
2023-05-20 05:21
US Grants Chinese Journalists Hundreds of Visas For APEC
US Grants Chinese Journalists Hundreds of Visas For APEC
The US has given a large number of Chinese journalists permission to enter the country to cover the
2023-11-14 18:17
Alipay+ Partners With PayNet to Promote Seamless Payment for Inbound and Outbound Malaysian Travellers
Alipay+ Partners With PayNet to Promote Seamless Payment for Inbound and Outbound Malaysian Travellers
KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Aug 29, 2023--
2023-08-29 17:58
Yuan Flirts With Daily Trading Limit, Testing China’s Red Line
Yuan Flirts With Daily Trading Limit, Testing China’s Red Line
The yuan weakened toward the limit of its fixed trading band against the dollar, as China’s worsening property
2023-09-26 12:51
US inflation pressures stubborn as fuel prices rise
US inflation pressures stubborn as fuel prices rise
The US inflation rate was 3.7% over the 12 months to August, up from 3.2% in July.
2023-09-13 21:52
UK house-building falls again as rate hikes bite: PMI
UK house-building falls again as rate hikes bite: PMI
LONDON Britain's construction sector returned to growth in July but house-builders suffered another sharp contraction due to higher
2023-08-04 16:48
Volvo EVs to now have access to Tesla superchargers
Volvo EVs to now have access to Tesla superchargers
Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric
2023-06-28 00:54
Kenyans protest again over rising cost of living, with some targeting a recently built expressway
Kenyans protest again over rising cost of living, with some targeting a recently built expressway
One person has been killed as some Kenyans angered by the rising cost of living are back on the streets Wednesday in the latest of a series of protests
2023-07-12 19:45
After decades of delays and broken promises, coal miners hail rule to slow rise of black lung
After decades of delays and broken promises, coal miners hail rule to slow rise of black lung
A half-century ago, the nation’s top health experts urged the federal agency in charge of mine safety to adopt strict rules protecting miners from poisonous rock dust
2023-07-24 12:23
Small leftist parties in Spain unite before July election in pact that could help Sánchez
Small leftist parties in Spain unite before July election in pact that could help Sánchez
Spanish Prime Minister Pedro Sánchez’s chances of getting reelected after a July election have received a potentially important boost following an agreement between more than a dozen small leftist parties to run on a joint ticket
2023-06-10 03:56
Italy's manufacturing sector shrinks further amid weak demand - PMI
Italy's manufacturing sector shrinks further amid weak demand - PMI
ROME Italy's manufacturing sector contracted in October for a seventh consecutive month, a survey showed on Thursday, amid
2023-11-02 16:56