The Starling Bank app displayed on a person’s phone. Adrian Dennis | AFP via Getty Images LONDON — Online banks in the U.K. are racing to bump up the yields on their savings accounts in a bid to lure cash-strapped savers after the Bank of England increased its benchmark interest …
Read More »Buying a car is finally easier — but watch out for high interest rates and lingering inventory issues
Lots of shoppers have car-buying on their mind as the end of the year approaches. Experts say it’s a better time to buy than last year, but there are still things to look out for. Interest rates are defining this year, experts say. LoadingSomething is loading. Thanks for signing up! …
Read More »Relief Checks live updates: Inflation drops to 7.1%, interest rates, Social Security payments…
What was behind the fall in retail sales in November? Retail sales in November fell more than expected, but the biggest decrease in 11 months could be down to a couple different factors. One theory is that US consumers got started on their holiday shopping early in October to take …
Read More »Interest Rate Increase: Why did the Fed raise interest rates?
As 2022 draws to a close the year will be best remembered for the cost of living crisis that engulfed the United States, especially during the summer months. Following two years of COVID-enforced lockdowns, the United States witnessed a supply chain shortage that saw the price of everyday grocery price …
Read More »The bond market is calling the Fed’s bluff on its planned interest rate hikes next year, and that sets stocks up for gains in 2023, according to Fundstrat
The bond market is calling the Fed’s bluff on its planned interest rate hikes for 2023, according to Fundstrat. That’s good news for the stock market, as a more dovish Fed would be welcomed by investors. “The bond market called Fed right in 2022 and now says Fed will be …
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