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The case for forever high interest rates
Reuters via Yahoo Finance· 1 hour agoIf financial markets are right, interest rates won't just stay high this year, but possibly forever. Yet making the right call on where rates settle is a...
Savings interest rates today, May 12, 2024 (best accounts offering 5.15% APY)
Yahoo Personal Finance· 8 hours agoIf you’re searching for today’s best savings interest rates, we’ve narrowed down some of the top...
China Credit Engine Goes Into Reverse, Piles Pressure on Beijing
Bloomberg via Yahoo Finance· 47 minutes ago(Bloomberg) -- China’s shock credit contraction is adding pressure on the government to spend more...
Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
PYMNTS.com· 9 hours agoU.S. corporate bankruptcies reached their highest level in a year in April. The data showed 66 new...
BOJ Shouldn’t Delay Normalization Over Risks, LDP Official Says
Bloomberg via Yahoo News· 3 hours ago(Bloomberg) -- The Bank of Japan should stay on course to normalize monetary policy based on...
Credit card issuers charge new fees, higher interest rates to get around $8 late fee cap
USA TODAY via Yahoo Finance· 10 hours agoLate fees were estimated to be 25% of revenues at Bread Financial Holdings, and 20% of revenues at...
CD rates today, May 12, 2024 (up to 5.15% APY)
Yahoo Personal Finance· 20 hours agoThe amount of interest you can earn from a CD depends on the annual percentage rate (APY). This is a measure of your total earnings after one year when...
European retail hedge fund assets shrink to 8-year low, says Kepler By Reuters
Investing.com· 1 hour agoRetail investors are pulling out of Europe's hedge fund industry, with assets under management...
So, where is the recession?
Orange County Register· 20 hours agoWhenever the interest rate spread between the long 10-year T-Bond and the short 90-day T-Bill has turned negative, it has invariably been followed by a...
Asia FX edges lower, dollar steadies with inflation on tap
Investing.com· 1 hour agoInvesting.com-- Most Asian currencies moved in a flat-to-low range on Monday, while the dollar...