A walkway near the Bank of England (BOE) in the City of London, UK, on Thursday March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England…
Tag: economy
US Fed offers big rate hikes, signals next one could be smaller
He noted the still-evolving impact his rapid pace of rate hikes has set in motion, saying the target range for future hikes will be “appropriate.” The US Federal Reserve has raised interest…
5 things to know before the stock market opens on Wednesday
U.S. Federal Reserve Board Chairman Jerome Powell holds a news conference after the Federal Reserve raised its target interest rate by three-quarters of a percentage point in Washington, September 21, 2022. Kevin…
In the midst of a recession, Hong Kong plans a return with rugby and a banking meeting
Hong Kong, China – Simon Friend, 35, was working from home in Amsterdam last month when he heard whispers that Hong Kong would finally reopen to the world. Friend, a fan of…
Stocks moving the most midday: Wynn Resorts, TuSimple, Newell Brands, First Solar and more
This photograph taken on October 20, 2022 shows the signage of the Wynn Casino complex with Grand Lisboa and Casino Lisboa in the backdrop in Macau. Edouard Leal | AFP | Getty…
5 things to know before the stock market opens on Monday
Trader on the floor of the NYSE, October 28, 2022. Source: NYSE Here are the most important information investors need to start their trading day: 1. Green October US equity markets are…
‘Everyone is nervous’ as Canada faces high inflation and rising rates: experts – National | Globalnews.ca
In a warehouse on an industrial stretch in Ottawa, giant metal crates of donated groceries are stacked as volunteers sort canned goods, pasta and other foods for distribution to pantries across the…
How Canadians can cut spending as recession fears grow | Globalnews.ca
As a university student in southern Ontario, Kathleen Cassidy was looking for a way to optimize her budget. While shopping at her local grocery store, she found coupons and thus began a…
Michelin stars will be awarded to Vancouver restaurants for the first time on Thursday | Globalnews.ca
Vancouver is about to join an elite club of cities around the world with restaurants rated by the prestigious Michelin Guide. The winners, awarded with one, two or three stars, will be…
US mortgage rates top 7% for first time in two decades
The key 30-year mortgage rate jumped to 7.08% this week, which sharply reduced demand even as house prices continued to rise. The average long-term mortgage rate in the United States rose above…