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Top Rate on a High-Yield Savings Account Rises to New Record
Investopedia· 7 days agoNow you can earn 5.55% APY on your savings with My Banking Direct. My Banking Direct is an online...
Analysis-Painful High Rates Wake-Up Call Threatens Global Markets
US News & World Report· 3 days agoFear that interest rates in major economies will stay relatively high is creeping back and threatens a painful wake-up call for financial markets, big investors warn. With ...
Morning Bid: Powell Dashes Easing Hopes, Markets Dented Again
US News & World Report· 3 days agoInvestors in Asia hoping for some relief from surging U.S. bond yields and a rampant dollar would have been deflated by remarks on Tuesday from Federal Reserve Chair Jerome Powell, and will ...
Bank of America Profit Falls on Lower Customer Interest Payments
US News & World Report· 4 days agoThe move could crimp banks' income from interest payments, but could potentially spur economy activity and borrower demand. BofA's net interest income (NII) -- the difference between what it ...
US Funding Rates Rise Modestly on Tax Outflows, Treasury Supply
US News & World Report· 3 days agoThe Secured Overnight Financing Rate (SOFR), the main measure of the cost of borrowing cash overnight collateralized by Treasury securities, was up only one basis point on ...
UK Inflation Slows by Less Than Expected to 3.2% in March
US News & World Report· 3 days agoThe Bank of England - which has an inflation target of 2% - and economists polled by Reuters had forecast an annual rate of 3.1%. "Headline inflation took another small step ...
Column-Funds Make Biggest Bet Against Yen Since 2007: McGeever
US News & World Report· 4 days agoHedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan's embattled currency does rebound from its 34-year low against the dollar, the short-covering ...
Funds Buy Back Into Copper's Super-Cycle Credentials: Andy Home
US News & World Report· 2 days agoLONDON (Reuters) -The commodities super cycle is back with a vengeance if copper's performance since the start of the month is anything to go by. Copper is on Wednesday trading just shy of that ...
Tesla Layoffs Include 14% of Buffalo Workers, WARN Notice Shows
US News & World Report· 2 days agoUnder pressure from falling sales and an intensifying price war for EVs, Tesla announced its latest round of jobs cuts on Monday in an internal memo that was seen by Reuters. Tesla has a total ...
Chinese City Zhengzhou Tells State-Owned Company to Buy Second-Hand Homes to Reduce New Housing...
US News & World Report· 4 days agoChina's central city of Zhengzhou has asked residents to sell their second-hand homes to a local state-owned company and buy new ones instead, in a bid to reduce new-home inventories and boost ...
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