Tag #Interest Rates

Showing 277 to 288 of 977 results

smh.com.au
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Walmart's Profit Forecast Triggers Wall Street Downturn

Walmart's lower-than-expected profit forecast caused a 0.9 percent drop in the S&P 500, a 1.4 percent drop (642 points) in the Dow Jones, and a 0.9 percent drop in the Nasdaq, impacting other retailers like Costco and Target, while the Australian dollar rose 1 percent to 64.01 US cents.

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44% Bias Score

Reduced Inequality
smh.com.au
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US Stocks Mixed Amidst Economic Uncertainty

US stock markets showed mixed results on Wednesday, with the Dow Jones falling 0.3%, while the Australian market is predicted to drop 0.7% at the open; Celanese plummeted 22% due to weakening demand, and Nikola filed for bankruptcy, impacting investor sentiment.

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40% Bias Score

Decent Work and Economic Growth
bbc.com
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UK Inflation Jumps to 3% Amid Rising Food and Energy Costs

UK inflation unexpectedly jumped to 3% in January 2024, the fastest rate in 10 months, driven by rising food prices (up 3.3%), airfares, and a 13% increase in private school fees due to VAT; this comes before further increases in energy, water, and council tax bills in April, exacerbating the cost-o...

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44% Bias Score

No Poverty
bbc.com
🌐 75% Global Worthiness
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UK Wage Growth Outpaces Inflation, But Future Uncertain

UK average wages rose 3.4% (inflation-adjusted) in October-December 2024, but concerns remain about future wage growth due to increased employer costs, including National Insurance changes, potentially impacting investment and economic growth.

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40% Bias Score

Decent Work and Economic Growth
cbsnews.com
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High CD Yields: Lock in Long-Term Rates Amidst Potential Federal Reserve Cuts

As of January 21, 2025, 36-month CDs average 1.32% yield, up from 0.80% in January 2020, with top-performing CDs exceeding 4%; experts advise locking in long-term CDs now due to potential future rate cuts by the Federal Reserve.

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48% Bias Score

No Poverty
news.sky.com
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UK Inflation Surges, but Bank of England to Continue Rate Cuts

UK inflation hit 3% in January, surpassing forecasts and the Bank of England's target, driven by airfares and school fees; despite this, the Bank is expected to continue cutting interest rates due to weak economic growth.

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36% Bias Score

Reduced Inequality
cbsnews.com
🌐 65% Global Worthiness
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2025 HELOC Costs: $700-$980 Monthly Payments Based on Variable Rates

In 2025, a $80,000 HELOC has a monthly cost ranging from $700.85 to $982.92 depending on the term length and interest rate, which is variable and influenced by the Federal Reserve's actions. Homeowners risk foreclosure if unable to maintain payments, necessitating careful consideration of their fina...

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40% Bias Score

Reduced Inequality
news.sky.com
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UK Inflation Hits Nearly Year-High at 3%, Dampening Rate Cut Hopes

UK inflation unexpectedly rose to 3% in January, the highest in nearly a year, exceeding forecasts and driven by increased transport, food, and private school fees; this reduces the likelihood of immediate interest rate cuts.

Progress

48% Bias Score

No Poverty
themarker.com
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Mixed Asian Market Performance: Seoul Surges, Tokyo Dips

Asian markets showed mixed results; Seoul's KOSPI rose 1.7% due to a chipmaker tax bill, while Tokyo fell 0.3% despite rising producer confidence; Hong Kong dropped 0.3%, and other markets saw slight gains or losses.

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Australia Cuts Interest Rates for First Time Since 2020

Australia's Reserve Bank cut interest rates by 0.25 percentage points to 4.1 percent on Tuesday, the first decrease since November 2020, prompting Treasurer Jim Chalmers to urge landlords to consider rent relief for tenants.

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36% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Australia's Housing Crisis: Supply Shortage Blamed, Not Low Interest Rates

Reserve Bank of Australia Governor Michele Bullock on Tuesday attributed Australia's housing crisis to a supply shortage, not low interest rates, announcing a rate cut to 4.1 percent, despite forecasts of double-digit price increases in Sydney and Melbourne if rates fall further. This comes as net m...

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48% Bias Score

Reduced Inequality
theguardian.com
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UK Inflation Unexpectedly Rises to 3% in January

UK inflation unexpectedly rose to 3% in January, exceeding forecasts and driven by higher food and education costs, impacting worker wages and reducing the likelihood of an immediate interest rate cut.

Progress

44% Bias Score

No Poverty

Showing 277 to 288 of 977 results