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Finances

Colombia central bank seen raising rates at Thursday meeting By Reuters

© Reuters. FILE PHOTO: General view of Colombia’s central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez/File Photo By Nelson Bocanegra BOGOTA (Reuters) –

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

US mortgage refinancings hit 6-month high on rates drop, MBA says By Reuters

© Reuters. FILE PHOTO: A “For Sale” sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, U.S. May 14,

As Rates Rose, Banks Did a Balance-Sheet Switcheroo
Finances

As Rates Rose, Banks Did a Balance-Sheet Switcheroo

Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. Source link

Stock Market

Marketmind-Bank calm, rates firm, Alibaba steals show By Reuters

© Reuters. FILE PHOTO: Trader works at the post where Alibaba is traded on the floor of the New York Stock Exchange (NYSE) in New

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Swedish NIER think tank sees milder downturn, rates to peak at 3.75% By Reuters

© Reuters. FILE PHOTO: People walk through the shopping area on the pedestrian street Drottninggatan in Stockholm, Sweden, May 8, 2017. REUTERS/Ints Kalnins STOCKHOLM (Reuters)

Higher Rates Are Coming for U.S. Companies
Finances

Higher Rates Are Coming for U.S. Companies

The burden of interest rates on most companies is still exceedingly low. But over the next year, that will start to change. Source link

Most Swedish mortgage borrowers have good buffers despite rising rates, FSA report says
Finances

Most Swedish mortgage borrowers have good buffers despite rising rates, FSA report says By Reuters

© Reuters. STOCKHOLM (Reuters) -Swedish mortgage rates more than doubled for new mortgage borrowers in 2022 versus the previous year, but the majority of households

Bank of England Lifts Rates by Quarter Point, Following Fed
Business

Bank of England Lifts Rates by Quarter Point, Following Fed

The move marks a fresh sign that policy makers around the world are determined to press down on inflation despite strains in the banking system.