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Asianet Newsable on MSNScott Bessent Says Fed Is Behind Curve, Trump’s Trade Reset Could Bring $300B In TariffsIn an interview with MSNBC, the U.S. Treasury Secretary said there’s “something wrong” when the Federal Reserve doesn’t cut ...
Here is a look at Wednesday’s business headlines with Jane King, who has the latest on student loan delinquencies and Claire’s filing for bankruptcy. Student loan delinquency rates at 21-year high ...
The Bank of England (BOE) lowered interest rates by 25 basis points to 4% on Thursday, the lowest level in more than two ...
DBS's quarterly profit grew by 1% yet the bank acknowledged "external uncertainties." Profit at fellow banks UOB and OCBC fell.
The report found that 10.2 percent of all student loans are now seriously delinquent, up from 8 percent in the first quarter and 0.8 percent for the second quarter of 2024. The total outstanding ...
The economic impact is already visible, with signs of stalled hiring, rising inflation and declining home values.
U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...
San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that the U.S. job market ...
A dismal July jobs report has lifted expectations for fall rate cuts. But just how low could the fed funds rate be by year's ...
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...
The Federal Reserve held interest rates steady again this week, and could even keep them in neutral until October. For savers ...
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