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What Fed Hikes? Much of  Americans' Debt Is Still Riding Ultralow Rates
Business

What Fed Hikes? Much of Americans' Debt Is Still Riding Ultralow Rates

One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto loans made before 2022. Source

No let up for world stocks as banking worries persist By Reuters
Finances

Canadian home sales rise at slower pace as BoC resumes rate hikes By Reuters

© Reuters. FILE PHOTO: A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US Fed’s Daly says rate hikes essential to bring down prices By Reuters

© Reuters. FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019.

Standard Chartered agrees to sell business in Jordan By Reuters
Stock Market

Cintas beats quarterly estimates on price hikes, easing cost By Reuters

© Reuters. (Reuters) – Cintas Corp (NASDAQ:) beat quarterly profit and revenue expectations on Thursday, helped by demand for its pricier rental uniforms across segments

PepsiCo lifts annual forecasts again on price hikes, steady demand By Reuters
Stock Market

PepsiCo lifts annual forecasts again on price hikes, steady demand By Reuters

© Reuters. FILE PHOTO: Pepsi soda is shown on display in Compton, California, U.S., January 10, 2017. REUTERS/Mike Blake/File Photo (Reuters) -PepsiCo Inc on Thursday

Finances

Bank of Canada hikes growth forecast and says inflation slowing only gradually By Reuters

2/2 © Reuters. FILE PHOTO: A person shops in the beverage aisle at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File

Finances

OECD sees scope for profits to absorb wage hikes By Reuters

© Reuters. FILE PHOTO: Outside view of the Organization for Economic Co-operation and Development, (OECD) headquarters in Paris September 3, 2009. REUTERS/Charles Platiau//File Photo PARIS

Stock Market

European shares gain on hopes of end to Fed rate hikes, China stimulus By Reuters

© Reuters. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 7, 2023. REUTERS/Staff (Reuters)

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak By Reuters

2/2 © Reuters. A woman looks at items at a shop in Tokyo, Japan, March 24, 2023. REUTERS/Androniki Christodoulou 2/2 By Tetsushi Kajimoto and Leika

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Asian shares jump as investors eye end to Fed hikes, China stimulus By Reuters

© Reuters. A woman walks past a man examining an electronic board showing Japan’s Nikkei average and stock quotations outside a brokerage, in Tokyo, Japan, March