ANZ and Westpac react to OCR cut: Floating, flexible loan rates down after Reserve Bank decision
ANZ was the first bank to move after the OCR cut, with managing director Grant Knuckey saying it…
How the Fed cutting rates is good for consumers
A new economic term has entered the social media stage. “Stagflation” is a term coined by the combination…
Gold slips as Fed signals slower path for rate cuts
Key moments Sign up for our daily business newsletter here Gold dips after Fed signals caution Gold prices…
Hiltzik: Do you really want Trump directing monetary policy?
It’s probably safe to say that almost no one following the news believes that Donald Trump has a…
The ECB will take into account the trade agreement between Europe and the US in the next rate decision.
MadridNone of Donald Trump’s announcements regarding tariffs have gone unnoticed by the European Central Bank (ECB), just as…
Interest Rates: Economist Says Trump Could Be Right Calling Powell ‘Too Late’
It seems like not a week goes by without President Donald Trump criticizing the head of the Federal…
SD County July unemployment up 5.2%, aided by summer recess
Workers pour cement at a construction site for an office tower in downtown San Diego. ( REUTERS/Mike Blake/File…
The Catalan and Spanish economies continue to grow at more than twice the rate of the EU.
BarcelonaThe eurozone’s gross domestic product (GDP) increased by 0.1% in the second quarter of the year, a period…
Bank of England set to cut rate as UK economy weakens
With the BoE likely to trim borrowing costs by a quarter point to 4.0 percent, focus will be…
Trump digs in on trade war, fires official after brutal jobs report
WASHINGTON — The Trump administration is doubling down on its trade war against much of the world despite increasingly harrowing…
Jamie Dimon Says Markets Are Complacent About Chances of Rate Hikes
JPMorgan Chase CEO has warned that financial markets are underestimating the risk of interest rate hikes in the…
Heat-wave duration accelerating faster than climate change, UCLA says
As sizzling temperatures sweep across Southern California this week, UCLA researchers have released an alarming new finding —…