Stock MarketStock market today: Wall Street falls to close out its first losing week in the last sixJune 23, 202354NEW YORK (AP) — Another drop for stocks on Friday helped drag Wall Street to its first losing week in...
MortgagesHunt announces protection for struggling mortgage borrowers as interest rates riseJune 23, 202352More than 2m homeowners facing a mortgage cliff edge are to be offered breathing space to find an affordable fixed-rate...
EconomyEurozone economy slows sharply amid fresh recession fearsJune 23, 202391Carsten Brzeski, an economist at ING, said: “This is a severe slowdown. We are clearly heading for another weak quarter,...
BankingThe Bank isn’t just administering the wrong dose – it’s prescribing the wrong medicineJune 23, 202367Furthermore, if the Bank succeeds in engineering a full blown recession, with unemployment rising sufficiently to cause people to fear...
EconomyU.S. economy running close to 2% growth rate in second quarter, S&P saysJune 23, 202383Last Updated: June 23, 2023 at 10:34 a.m. ET First Published: June 23, 2023 at 10:05 a.m. ET This version...
FundsThe Central and Eastern Europe Fund, Inc., Announces Results of the Fund’s Annual Meeting of Stockholders and Extension of Advisory Fee Waiver | BusinessJune 22, 202356NEW YORK--(BUSINESS WIRE)--Jun 22, 2023--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today the results of...
MortgagesAverage long-term US mortgage rate falls to 6.67%, third straight drop since climbing to 2023 highJune 22, 202346LOS ANGELES (AP) — The average long-term U.S. mortgage rate fell for the third time in as many weeks, a...
BankingRecession is ‘inevitable’ after Bank of England lost control of inflationJune 21, 202361A Whitehall source told The Telegraph: “The Chancellor will hold the banks’ feet to the fire on the commitments they...
FundsParis summit aims to shake up the financial system. It will test leaders’ resolve on climateJune 21, 202360WASHINGTON -- Heads of state, finance leaders and activists from around the world will converge in Paris this week to...
MortgagesGovernment borrowing costs climb after UK inflation shockJune 21, 202360Mortgage holders have been dealt a blow after underlying inflation increased last month, putting pressure on the Bank of England...