Economy
UK Treasury chief vows to give families ‘some breathing space’ as inflation runs hot, highest in a year
UK inflation reached 3.5% in September, up from 3.1% in August, exceeding the 3.4% expected by economists and the Bank of England's 2% target...
Economy
‘From Greece to France, give money to education’: European protesters make clear it’s not immigration that has them on the march
Thousands of students and teachers marched through Athens on Wednesday to demand affordable student housing and greater public investment in education. Similar rallies took...
Economy
Opposition to data centers will drive up inflation, says BlackRock’s Larry Fink
Larry Fink, the chief executive of BlackRock, emphasized that data centers are essential to the health of the U.S. economy. He said about two-thirds...
Economy
We have a $300,000 mortgage with a 2.75% interest rate. I want to pay it off. My husband says I’m crazy. Who’s right?
A 57-year-old woman and her 59-year-old husband, married for 26 years, want to pay off their $300,000 mortgage, which carries a 2.75% interest rate...
Economy
Treasury yields steady as investors await jobless claims, mortgage data
U.S. Treasury yields were steady on Wednesday ahead of economic data that could shed light on the Federal Reserve’s policy path. The 10-year yield...
Economy
UK inflation jumps to 3.5% — cementing rate hike expectations
UK inflation rose to 3.5% in the 12 months to September, surpassing economists' forecasts of 3.4%. The increase was driven by surging motor fuel...
Economy
Housing is flashing warning signs just as the Fed weighs more interest rate hikes
US housing data deteriorated sharply in September, with pending home sales hitting a record low since 2001, down 7.3% for the month and 11.3%...
Economy
The non-gamer CEO racing to save Microsoft’s Xbox
Asha Sharma, 38, was appointed by Satya Nadella in February to turn around Microsoft's Xbox division, which is posting profit margins of around 3%,...