What do higher rates mean for borrowers and savers?
The U.S. Federal Reserve nudged interest rates higher by a quarter of a percentage point on Wednesday, the first rate hike in more than three years.
September 17, 2026The U.S. Federal Reserve nudged interest rates higher by a quarter of a percentage point on Wednesday, the first rate hike in more than three years.
September 17, 2026Federal Reserve Chairman Kevin Warsh said on Wednesday that the U.S. economy has strengthened since Fed policymakers last met in June, with a labor market essentially running at
September 17, 2026Top U.S. banks raised their prime lending rate on Wednesday after the Federal Reserve lifted its benchmark interest rate, a move that would increase borrowing costs for consumers
September 17, 2026The Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months, with new U.S. central bank chief Kevin Warsh
September 17, 2026Online behemoth Amazon said it’s increasing the minimum starting hourly wage for its U.S. full-time core operations employees to $20 ahead of the holiday shopping season
September 16, 2026U.S. stocks slipped after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control
September 16, 2026The Federal Reserve’s rate hike comes as the US economy is increasingly moving at two very different speeds.
September 17, 2026The Federal Reserve's predominant focus will remain on controlling inflation, Fed Chairman Kevin Warsh said on Wednesday after the U.S. central bank raised rates.
September 17, 2026The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new US central bank chief Kevin Warsh
September 17, 2026The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers
September 17, 2026U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars,
September 16, 2026U.S. import prices surged in August amid solid increases in the costs of capital and consumer goods, suggesting inflation could rise further in the coming months.
September 16, 2026U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing, a survey showed on Wednesday.
September 16, 2026Canada's Dollarama raised annual comparable sales growth forecast on Wednesday, as shoppers opt for its cheaper everyday products while contending with higher
September 16, 2026Economic activity in Brazil fell by a seasonally adjusted 0.2% in July from the previous month, a central bank index showed on Wednesday, compared with expectations for
September 16, 2026British Prime Minister Andy Burnham said he is ready to take the difficult decisions required to ensure the UK economy remains on track, after data on Wednesday showed a
September 16, 2026The Federal Reserve is expected on Wednesday to hike interest rates for the first time since 2023, a decision driven by stubbornly high inflation
September 16, 2026An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision.
September 16, 2026By Michael S.
September 16, 2026Inflation in the United Kingdom has risen to a five-month high, an increase that will pressure the Bank of England to hike interest rates again over coming months
September 16, 2026European shares edged up from the previous session's three-month low on Wednesday as a pause in the oil price rally lifted risk appetite ahead
September 16, 2026A look at the day ahead in European and global markets from Gregor Stuart Hunter Federal Reserve Chair Kevin Warsh is likely to come out of Wednesday's policy decision bruised one way or another.
September 16, 2026British inflation accelerated to a five-month high of 3.1% in August, but measures excluding surging energy prices held stable, official
September 16, 2026The Bank of Japan is set to raise interest rates to a 31-year high on Friday and signal readiness to keep pushing up borrowing costs, joining other major
September 16, 2026Japan’s trade deficit totaled $7 billion last month, as surging oil prices sent the cost of imports soaring
September 16, 2026Japan posted its largest increase in imports in nearly four years in August as higher oil prices lifted energy costs, while exports rose for a 12th month
September 16, 202610-year Treasury yield hits highest level since 2007 ahead of Fed rate decision
September 15, 2026U.S.
September 15, 2026The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan
September 16, 2026Wall Street extended its selloff on Tuesday, as rising U.S.
September 15, 2026Iran war expected to cause a spike in US inflation, according to budget watchdog
September 16, 2026The war against Iran has cost the U.S. more than $38 billion through Aug. 1 and will continue to cost up to $3 billion a month or more
September 16, 2026France could back former Dutch central bank chief Klaas Knot to succeed Christine Lagarde as head of the European Central Bank as part of a bargain in which a French
September 15, 2026U.S. household income finally topped pre-pandemic levels last year, a stark sign of how the past five years of rising prices have limited Americans’ earnings and purchasing power
September 15, 2026The Bank of Korea's decision to carry out back-to-back interest rate hikes in August was more contentious than the headline vote suggested, meeting minutes
September 15, 2026Government borrowing costs hit their highest level since the 2008 financial crisis on Tuesday, with 10-year U.S.
September 15, 2026Morgan Stanley has joined other major Wall Street banks in adopting a more hawkish outlook on interest rates, forecasting U.S.
September 15, 2026The nervous start to the week for world markets has seen 10-year U.S.
September 15, 2026Median US income rises to highest on record even as Americans feel affordability pinch
September 15, 2026Investors are showing some nervousness over the stock market's AI-led rally after industry leaders called for reining in the pace of development — although some say
September 15, 2026The Federal Reserve is widely expected to lift its short-term interest rate for the first time in three years to fight stubbornly high inflation
September 15, 2026Britain's jobs market stayed weak with pay growth near a six-year low, the fewest vacancies since 2021 and hiring down, according to data that
September 15, 202610-year Treasury yield hits 5%, critical threshold for US economy and markets
September 14, 2026AI stocks slid worldwide after leaders of the industry warned a slowdown is needed for the safety of humanity
September 14, 2026House Speaker Mike Johnson says Congress would have to approve President Donald Trump's proposal to send $5,000 to each American adult if the Republican Party maintains control of the House and Senate in the November election
September 14, 2026The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week
September 11, 2026Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated
September 10, 2026President Donald Trump, Vice President JD Vance and other Republican officials came together for a two-day convention this week to rally voters in advance of midterm elections in November
September 11, 2026U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near
September 11, 2026Diesel costs more than $6 a gallon for the first time. Here’s how that affects you
September 11, 2026Inflation heated up last month, boosting the case for a Fed rate hike
September 11, 2026Trump officials scramble to manage fallout after his $5K check pledge to all Americans
September 11, 2026Global oil hits $108 per barrel while bond yields surge
September 10, 2026The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war
September 10, 2026The European Central Bank raised interest rates on Thursday for the second time this year to quell an energy-driven inflation rise
September 10, 2026Wholesale inflation picked up in August, as energy costs kept rising
September 10, 2026Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still rare
September 10, 2026Know your bonds: A quick guide to Treasuries
September 10, 2026Working to keep the majority in Congress, Republicans are showcasing their chief legislative accomplishment in this midterm election
September 10, 2026Global brokerages expect the benchmark S&P 500 index to extend its rally in 2026, betting on AI momentum and strong corporate earnings, while the war in Iran continues to weigh on
December 16, 2025The last time Japan's central bank lifted its main policy rate half a percentage point, prices were so hot the land the Imperial Palace sat on was said to be
September 08, 2026A blistering rally in the Japanese yen ahead of an expected interest rate hike from the Bank of Japan next week is upending the long-
September 08, 2026The Japanese yen climbed to a seven-month high against the U.S. dollar on Tuesday, as traders continued to unwind short positions amid growing bets of a
September 08, 2026A measure of Australian consumer sentiment fell sharply in September, a survey showed on Tuesday, as fears of higher interest rates and a rebound in fuel prices pressured
September 08, 2026Rising oil prices, conflict in the Middle East and political uncertainty in Europe kept investors on edge on Monday, leaving stocks to drift lower ahead of
September 07, 2026The yen surged to a seven-month high on Monday as traders reassessed the battered currency's outlook, driven by expectations of faster
September 07, 2026Global shares are mixed, with benchmarks in Tokyo and Seoul leading gains thanks to buying of computer chipmakers
September 07, 2026British house prices recorded their first annual fall in nearly three years in August as some buyers have held back on purchases due to higher borrowing
September 07, 2026A look at the day ahead in European and global markets from Wayne Cole. It's been a patchy start to the week with tech leading Asian shares higher, while European and Wall Street futures barely budge.
September 07, 2026The European Central Bank is widely expected to hike interest rates on Thursday, erring on the side of caution as the U.S.-Iran war
September 07, 2026Gas prices in the U.S. have hit a record high for Labor Day weekend, averaging $4.14 per gallon
September 07, 2026President Donald Trump has been promising an economic boom, but Friday's positive jobs report left him frustrated
September 05, 2026Wall Street will get several important updates about inflation this week
September 04, 2026Wall Street dipped on Friday as a robust jobs report raised the probability that the U.S.
September 04, 2026