Interest rate News & Breaking Stories

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High-quality company Microsoft (NASDAQ:MSFT) continues to generate strong results. OpenAI CEO Sam Altman has joined Microsoft, strengthening its position.

Investors lose hope in Fed, jobless claims rise, Starbucks employees strike on Red Cup Day. Labor market cooling, unionization efforts growing.

Hedge funds are exiting their short positions at a rapid pace, signaling a potential market resurgence and a rebalancing of US dollar longs.

Global equities rise and Treasury yields rebound as hopes of interest rate cuts fade, but uncertainty remains over growth and inflation.

Markets rally for a second day, with weekly totals up on the Dow and Nasdaq. Apple's earnings disappoint.

Bitcoin surges as speculation grows about the approval of a bitcoin exchange-traded fund in the United States.

Israel vows to maintain its siege on Gaza until hostages are released, causing a growing humanitarian crisis in the region.

Wall Street experienced a sharp decline as U.S. interest rates are expected to remain high, causing stocks to fall worldwide.

Inflation is expected to be lower in the coming months, but elevated gasoline prices and labor movements could put upward pressure on prices.

Instacart's stock opened at $42 a share, 40% higher than anticipated, with a market valuation of roughly $13.9 billion.

Wall Street indexes gain as data suggests the Federal Reserve may keep interest rates unchanged in September.

Bitcoin's price fell by nearly 8% in an hour of frenzied trading, erasing most of its gains since June. The sell-off coincided with news that Elon Musk's SpaceX had written down the value of its bitcoin holdings by $373mn and sold the cryptocurrency. The volatility comes as US regulators crack down on the sector and as expectations of interest rate cuts by the Federal Reserve are reassessed.

Inflation has led to an increase in mortgage rates, with the Federal Reserve raising its federal funds rate. Experts predict rates will remain high.

Financial markets rally as US Consumer Price Index (CPI) matches estimates, increasing expectations of a Fed rate pause.

The Mega Millions jackpot for Tuesday night's drawing is estimated at $1.05 billion, thanks to rising interest rates and changes to the odds of winning.

WeWork's potential failure poses a significant threat to the US commercial real estate sector, with experts warning of a "systematic shock."

ECB expected to raise rates as Fed raises interest rates.

Mortgage rates remain steady for home purchases, rise for refinancing.

Dollar falls as Fed raises rates, leaving room for more hikes.

AMC Entertainment's shares nearly double as court blocks conversion plan.

Experts predict mortgage interest rates will drop in late 2023.

Wall Street's winning week continues as inflation eases on economy.

U.S. stocks rise as inflation eases, tech sector leads gains.

June CPI rises by 0.2% and 3.0% over the last year, with shelter accounting for 70% of the increase; food prices also increase.

Inflation drops to lowest level in over two years, benefiting economy and stock market.

US Supreme Court blocks Biden's student loan forgiveness plan, citing unlawful implementation.

Bitcoin shows signs of optimism despite SEC lawsuits and stagnant price.