Australia set for U-turn to rate hike in break from global trend
Australia’s central bank faces the uncomfortable prospect of going against the global grain and switching back to raising interest rates this week to douse resurgent inflation,…
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Bitwarden announced a price hike in the worst way possible
Bitwarden is one of the more likable tech companies. It offers a great password manager for free, charges modestly for its paid version, and has mostly stayed in its lane with its focus on…
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in deciding when to raise interest rates again,…
Trump is threatening to hike tariffs on these South Korean goods. Here’s why
President Donald Trump said Monday he is increasing tariffs on South Korean goods because the country’s legislature has yet to approve the trade framework announced last year. Trump said…
Trump threatens to hike tariffs on South Korean goods to 25% over inaction on trade deal
President Donald Trump says he is increasing tariffs on South Korean goods because the country's national assembly has yet to approve the trade framework affirmed in October. Source link
Spotify just announced another price hike. Here’s what’s really driving it
Everything from coffee to a used car is more expensive these days, and now your music streaming service is too. Spotify announced this week that it will raise prices for U.S.…
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting JPMorgan predicts that the US Federal Reserve’s next move…
Grab rides to cost 30 cents more from Jan 1 with platform fee hike
Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by 30 cents come Jan 1, 2026. Passengers will then pay S$1.20, up from the current 90 cents, the firm said in…
Grab rides to cost S$0.30 more from Jan 1 with platform fee hike
Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026. Passengers will then pay S$1.20, up from the current S$0.90, the firm said in an…
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
RESURGENT artificial intelligence shares lifted the Nasdaq on Friday for a second straight session while the yen retreated despite a Bank of Japan interest rate hike. The tech-forward…
Economists at CBA, NAB call for Australia February rate hike
RBA Governor Michele Bullock has ruled out further policy easing last week after keeping rates steady The Commonwealth Bank of Australia and the National Australia Bank, two of the…
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending Australia’s central bank on Tuesday (Dec 9) left its cash rate…
BOJ likely to hike rate this month
Bank of Japan officials are ready to raise interest rates at a policy meeting later this month, provided there’s no major shock to the economy or financial markets in the meantime,…
Left-wing group pushes Mamdani-style minimum wage hike to boost Democrats in 2026
A minimum wage hike to as high as $30 an hour is gaining popularity in swing states and major cities, and now a left-wing coalition is pushing Democrats to pledge a massive wage increase…
Bank of Japan to weigh ‘pros and cons’ of rate hike in December, governor Ueda says
The Bank of Japan (BOJ) will consider the “pros and cons” of raising interest rates at its next policy meeting, governor Kazuo Ueda said on Monday (Dec 1), giving the strongest signal yet…
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation Australia’s central bank may need to raise interest rates as…
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19 The Bank of Japan (BOJ) will discuss at upcoming policy meetings the feasibility…
Ueda signals BOJ remains on rate hike path after PM meet
Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support for the economy, signalling his unshaken…
A Record Tax Hike Could End Austin’s Boomtown Era
The weirdest city in Texas threatens to drive its transplants away. Source link
Cartels stand to capitalize as Mexico eyes big tobacco tax hike
Mexico's Senate is pushing to pass a bill that would raise the country's tax on tobacco, figuring it will not only improve health by discouraging use, but also add to the government's bank…
Boeing wins FAA approval to hike 737 MAX production to 42 planes per month
Supply chain problems seem to be more sporadic and unpredictable than before the Covid-19 pandemic [WASHINGTON/SEATTLE] Boeing won approval on Friday (Oct 17) to raise its 737 MAX…
Why everyone suddenly wants the new AmEx Platinum card—fee hike and all
If there’s any doubt whether people are willing to pay $900 for a premium credit card, just look at the latest quarterly results for American Express: The credit card issuer reported…
BOJ will find another rate hike this year difficult, says ex-deputy governor
The Bank of Japan (BOJ) can raise interest rates if prospects of durably meeting its 2 per cent inflation target improve, but would struggle to justify doing so this year given weak signs…
Oil settles flat amid Opec+ output hike, supply glut fears
China is building oil reserve sites to boost stockpiles, according to public data, traders and industry experts Oil prices steadied on Tuesday (Oct 7) as investors weighed a…