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LONDON: The Bank of England on Thursday cut its key interest rate by a quarter point to four percent, the lowest level in 2.5 years, as it bids to boost a UK economy still threatened by US tariffs.
British bond yields rose on Thursday, sending the pound higher after the Bank of England cut interest rates as expected but ...
DBS's quarterly profit grew by 1% yet the bank acknowledged "external uncertainties." Profit at fellow banks UOB and OCBC fell.
Sector Income Fund offers an attractive 9.3% yield and trades at a wider-than-average discount to NAV. Read why I maintain my ...
The Federal Reserve resisted pressure from the White House last week and left its policy rate unchanged. It was the right decision. As Chair Jerome Powell acknowledged, the case for a cut was a ...
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The share of seriously delinquent consumer debt is at its highest level since 2020. Student loans are a big reason why.
Student loan delinquencies rose sharply to 10.2% of aggregate student loans in Q2 2025 after the pandemic moratorium ended, with total outstanding debt rising to $1.64 trillion.
President Donald Trump is planning to meet with advisers today about an unexpected open seat on the Federal Reserve Board, according to a person familiar with the matter.
Markets are all in on predicting that the Federal Reserve will cut interest rates at the next policy meeting on Sep. 17.
President Donald Trump's coming nomination of a new member of the Federal Reserve's Board of Governors will focus attention ...
Minneapolis Fed President Neel Kashkari on Wednesday said it may soon be time to lower interest rates. In an interview with ...