The Latest Breaking News from Interest Rates

Since posting a record high in August, shares of Nvidia (NVDA ) have languished due to mounting headwinds for the company. The steady increase in global interest rates has undercut most high-valued chip stocks, as the 10-year T-note yield posted a new 16-year high on Thursday. Also, new U.S. rules...

Inflation remains too high in the UK. The annual rate of consumer price inflation to September was 6.7%, the same as a month earlier. This is well below the 11.1% peak reached in October 2022, but the failure of inflation to keep falling indicates it is proving far more stubborn…

Applications for unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates meant to cool the economy and labor market

The London Stock Exchange said an '"incident" has caused it to suspend trading in a number of shares.

Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?

Resolution Foundation also calls for Bank to have power to set below-zero interest rates in response to future downturns

The Resolution Foundation is warning the UK is on course for debt to rise to around 140% of economic output over the next 50 years.

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2019 through 2022, while low interest rates made it easier for households to pay their debts

The U.S. banking industry has been facing several headwinds, including slowing loan growth, stricter capital requirements, rising deposit costs and credit rating downgrades. Amid the uncertainty surrounding the U.S. banking industry’s prospects, it could be wise to look beyond borders and buy fundamentally strong foreign banking stocks Barclays (BCS), Agricultural…