Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products…
Britain’s tax cut pivot might not be enough to quell market mayhem
LONDON — The U.K. government’s reversal on scrapping the top rate of income tax is down to political optics and…
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept.…
Dow tumbles 500 points on Friday to end September down nearly 9%
Stocks fell in choppy trading Friday as Wall Street closed out a terrible week, month and quarter that brought the…
Can Your Identity Be Stolen from Your Phone Number?
When it comes to helping prevent identity theft, there’s a lot of personal information you should safeguard, so it doesn’t…
Is the UK now a buy? Analysts weigh in after market meltdown and Bank of England intervention
A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty…
Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up…
IMF gives damning verdict on Britain’s tax cuts
The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the…
Pound tanking, massive tax cuts and talk of emergency hikes. Here’s what’s going on in the UK
Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images…
Sterling hits record low against the dollar, as Asia-Pacific currencies also weaken
Loading chart… Critics say those economic measures will disproportionately benefit the wealthy and could see the U.K. take on high…
From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets
Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its…
Can My Identity be Stolen from My Birth Certificate?
For most U.S. citizens, an official birth certificate may be the most critical document to have in their possession. Birth…
Britain pursues ‘trickle-down economics’ despite scorn from Biden. And the stakes are sky-high
British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at the United Nations…
Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will…
Fed expected to hike rates by three-quarters of a point again, but its forecast may matter most
It’s not what the Federal Reserve does, but what it says it could do in the future that will be…
The Japanese yen is at 24-year lows. Here’s what to expect at the next BOJ meeting
The Japanese yen is hovering close to its weakest levels since 1998, and authorities have hinted at taking action to…
Cramer’s week ahead: FedEx’s warning shows the Fed is further along in fighting inflation than expected
CNBC’s Jim Cramer on Friday said that FedEx’s warning of worsening economic conditions suggests the Federal Reserve is doing better…
Can Someone Change Your Address Without Your Knowledge?
No one ever expects to be a victim of identity theft. But the unfortunate truth is that it happens more…