Nobel winner Joseph Stiglitz says Fed raised rates ‘too far, too fast' — and now needs to cut big Nobel Prize-winning economist Joseph Stiglitz believes the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting ... 09/6/2024 - 12:42 am | View Link
Era of free mortgages over in Japan with central bank raising interest rate Japan's central bank had maintained benchmark interest rates near zero since the mid-1990s. As a result, many home buyers have gotten used to paying between 0.3 and 0.4 per cent ... 09/4/2024 - 6:37 am | View Link
Japan’s Era of ‘Free’ Mortgages Is Coming to an End Homeowners are gearing up to pay more on their loans as the Bank of Japan’s rate increases signal the end of decades of ultralow interest rates. 09/3/2024 - 1:00 pm | View Link
Man, 50 others go on trial in France for rape of drugged wife A 71-year-old man is on trial in France accused of drugging his wife and inviting dozens of strangers to rape her in their home over nearly a decade in a case that has shocked the country. 09/3/2024 - 3:41 am | View Link
Cash-loving investors dig in even as US rate cuts threaten payouts A golden era for cash may be winding down as the Federal Reserve gets ready to cut interest rates. Assets in US money markets hit a record $6.24 trillion this month, data from the Investment Company ... 08/29/2024 - 9:39 pm | View Link