Business
Fed rate hikes are coming, but not this week: CNBC survey
The CNBC Fed Survey shows that 93% of respondent expect a pause at the Federal Reserve meeting taking place this week.
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Business
Island inflation rate rises to 3%, figures show
The rising cost of food and alcohol drives an increase in the inflation rate, figures show.
Business
UK inflation jumps to 3.5% — cementing rate hike expectations
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.
Business
Consumer prices rose 3.7% annually in September as gas prices skyrocket
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
Business
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data.
Business
Average five-year mortgage rate hits 6% for first time in three years
The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.
World
Argentina's poverty rate climbs to nearly one in three under Milei
Argentina’s poverty rate rose to 32.3% in the first half of 2026 from 28.2% in the previous six months, official data showed on Thursday, as incomes lagged rising prices. Extreme poverty climbed to 7.5% from 6.3%. Among children aged 14 and under, 44.5% were poor.
Business
30-year fixed mortgage rate jumps sharply Thursday to 7.45%
The 30-year fixed rate surged to 7.45%, the highest level since April 2024 as bonds sold off and yields rose.
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Business
Japan raises interest rate to new 31-year high to curb rising prices
Central banks around the world have hiked rates as high energy prices are pushing up inflation.