ECB Rate Hikes Have A Long Way To Go
The European Central Bank is set to continue its interest rate hikes for some time ahead as the minutes of the latest policy session in […]
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UK Jobless Rate Remains Unchanged, Wage Pressures Rise Further
The UK unemployment rate remained unchanged in the three months to November and wage pressures intensified despite the economy heading into a recession. Data from […]
Continue reading »Tesla owners feel 'duped' after company slashes prices
video Amazon, Tesla in better shape than investors think: Ray Wang Constellation Research founder Ray Wang reveals his top tech picks for 2023 on ‘Varney […]
Continue reading »FAA outage caused by personnel who 'failed to follow procedures'
video Rep. Andrew Garbarino on FAA system outage: Questions will have to be answered Rep. Andrew Garbarino, R-N.Y., discusses the FAA system outage and the […]
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Hard to tame: Stubbornly high inflation puts pressure on interest rates
Stubborn, relentless, and disappointing best sum up the latest runaway inflation figures. For mortgage holders, Wednesday’s double header of economics numbers will be crushing. Just […]
Continue reading »Jamie Dimon sounds alarm on rising US debt having 'potentially disastrous outcomes'
video Jamie Dimon: ‘High’ gov. debt has ‘potentially disastrous outcomes’ JPMorgan Chase CEO Jamie Dimon says banks will be there for customers in good times […]
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The hangover home owners had to have?
News heralding the deepest decline in property prices on record in Australia will test the mettle of the Reserve Bank’s crusade to combat inflation. The […]
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Fed Minutes Signal Further Interest Rate Hikes
The Federal Reserve released the minutes of its December monetary policy meeting on Wednesday, reinforcing expectations the central bank is likely to continuing raising interest […]
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Is An End To Germany's Inflation Worries Near?
In what could be seen as a temporary relief, Germany’s headline inflation eased sharply at the end of 2022, thanks to lower energy prices and […]
Continue reading »US new home sales unexpectedly increase in November for second straight month
video Housing will continue to decelerate in ‘pandemic boomtowns’: Jenna Stauffer Global real estate adviser Jenna Stauffer reacts to Fed Chair Jerome Powell saying the […]
Continue reading »Affording gifts during the holidays has become more difficult for many Americans, poll finds
video Consumers are ‘frontloading’ holiday spending: Larry Cheng Volition Capital managing partner Larry Cheng discusses the retail market for the holiday season and the ‘paradox’ […]
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Five top strategies to help prepare your finances for 2023
Whether you’re a mad-keen budgeter like Jess, or adopt a more “go with the flow” attitude like Dom, the New Year heralds a fresh opportunity […]
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Smart Money Is Betting on a Historic Soft Landing for the US: Report
An analysis by the Goldman Sachs Group has revealed that hedge funds and other big investors managing around $4.8 trillion in assets have been betting […]
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How to protect yourself from hacks and scams in 2023
Around half of Australians have had their personal information stolen in the past few months after being caught up in the high-profile cyber hacks of […]
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U.S. Weekly Jobless Claims Edge Slightly Higher
First-time claims for U.S. unemployment benefits edged slightly higher in the week ended December 3rd, according to a report released by the Labor Department on […]
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Eurozone Q3 GDP Growth Revised Up To 0.3% On Household Spending, Investment
The euro area economy posted a better-than-initially estimated growth in the third quarter on household spending and investment, but the revision little changes the bleak […]
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Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook
India’s central bank raised its benchmark interest rates for the fifth policy meeting in a row on Wednesday due to sticky core inflation, but geared […]
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Australians still being overcharged for home and vehicle insurance
Australians are still being subjected to significant breaches of the general insurance Code of Practice, including over-charging for common policies such as motor vehicle and […]
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European Economics Preview: UK Nationwide House Prices Data Due
House prices from the UK and final factory Purchasing Managers’ survey results from the UK and other major euro area economies are the top economic […]
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Powell Says Slower Pace Of Rate Hikes Could Come As Soon As December
Remarks by Federal Reserve Chair Jerome Powell on Wednesday provided further evidence the central bank plans to slow its aggressive pace of interest rate hikes […]
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