Home values fall for seventh consecutive month as interest rates dent demand
Centre of downturn shifts away from Sydney and Melbourne, but after such strong growth most homeowners still sit on sizeable gainsGet our breaking new...
UK house prices grow at slowest pace in two years as mortgage rates rise
Sluggish growth of 0.5% in October comes as higher borrowing costs put break on marketUK house prices grew by an annual rate of just 0.5% in October, ...
Fed holds interest rates steady even as inflation remains stubborn
The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next me...
Fed set to hold interest rates steady in last decision before midterms
US central bank last month raised rates for first time since 2023, in move that infuriated Donald TrumpThe US Federal Reserve is expected to leave int...
Interest rates unlikely to reach 4.75% by next summer, say City economists
Experts say Bank of England unlikely to increase rates by full percentage point – and could lower them by end of 2027Financial markets are wrong to p...
Greetings from the Brazil-Argentina border, where waterfalls are flowing at near-record rates
The Iguazú Falls span more than a mile across both countries. A rain-soaked October, which scientists link to the Super El Niño, has sent near-record ...
Neet rates higher in England’s smaller cities and towns than in biggest cities
Initiatives to address youth employment crisis and offer training are being launched in towns such as TelfordSmaller cities and towns across England h...
Family and sexual violence rates against Australian children rise sharply as researchers warn of ‘manosphere’
Study authors say increase cannot be attributed to any one factor and list income inequality and growing awareness as other likely reasonsGet our brea...
Christian Bittar has conviction for rigging interest rates quashed
Former City banker becomes eighth to clear their name, just days after five others were acquittedFormer City trader Christian Bittar has become the ei...
Ex-Barclays traders jailed for rigging interest rates have convictions quashed
Acquittals of five former bankers come year after supreme court overturned ruling against City trader Tom HayesFive more former traders who were jaile...
Cancer rates rising more quickly among younger people, international study finds
Researchers, who looked at UK, US and Dutch data, say lifestyle choices are costing thousands of lives a yearCases of seven types of cancer have risen...
UK house price growth halves amid rising mortgage interest rates
Prices fell by 0.2% month on month in September as average price of a home slipped to £274,251, says NationwideBusiness live – latest updatesAnnual ho...
‘Explosion of melt rates’: 20% of Swiss glaciers lost in five years
Alpine regions in Europe experiencing extreme glacier collapse due to heat-trapping effects of fossil fuel pollutionSwitzerland has lost almost one-fi...
Good news in US inflation report boosts chances Fed won’t hike rates
Traders see an about 35% chance of an October rate hike, down from about 45% following White House pressureGood economic news boosted Wall Street’s m...
RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011
Widely expected decision is fourth increase to interest rate this year and will be blow to mortgage holders across AustraliaFollow our Australia news ...
US mortgage rates top 7% for first time in 20 months
Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wagesUS mortgage rates surpassed 7% for...
The economic squeeze is pushing up poverty rates for older adults
Despite lower poverty overall, the rate for seniors has been steadily rising in recent years. A new AARP survey sheds light on how those over 50 are s...
Japan raises interest rates to 31-year high to curb impact of rising prices
Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policyBusiness live – latest updatesJapan’s central...
Bank of England holds interest rates at 3.75% despite rising inflation
Policymakers keep steady course as jobs market comes under strain and Iran war pushes up energy costsBusiness live – latest updatesThe Bank of England...