The Latest Breaking News from Interest Rates

CDs offer a guaranteed interest rate and the safety of FDIC insurance protection, making them a good way to invest for your short-term needs. These three strategies will help you do it right.

Insolvencies rocket as army of small firms – seen as backbone of the sector – struggle with falling demand, rising interest rates and higher costs

Firms have cut back on hiring staff and manufacturing output is at its lowest since May 2020 as supply issues continue, a survey finds

Former chancellor says payments went up ‘considerably’ after his tax cuts sent borrowing costs spiralling

Former chancellor says his tracker mortgage has gone up ‘a great deal’ but denies responsibility

The Government doesn’t want to ‘constantly pay energy bills’ but plans to ‘absolutely’ cut taxes, he said

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.51%. Stocks on Friday gave up an early advance and...

The dollar index (DXY00 ) Friday fell by -0.51%. The dollar was under pressure Friday from falling T-note yields after U.S. Jul nonfarm payrolls rose less than expected. Losses in the dollar accelerated after Atlanta Fed President Bostic said there is no need to raise interest rates further to ease...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.26%. Amazon.com is up +9% after reporting earnings. However, gains...