What rising bond yields mean for mortgages and credit card rates
Credit card (Photo: Pexels) (ABC) — U.S. Treasury yields soared in recent days as the Iran war stoked inflation…
Eight announcements from Rachel Reeves cost-of-living package for UK households
The Iran war and Russia invasion of Ukraine has threatened to hit UK households hard in the pockets.…
Increase in unemployment amid drop in tech jobs
The number of people who were unemployed increased on an annual basis by 17,600, or just over 14%,…
UK economic activity slides in May on Middle East conflict, political turmoil
Services PMI 47.9 vs 51.7 expectedPrior 52.7Manufacturing PMI 53.7 vs 53.0 expectedPrior 53.7Composite PMI 48.5 vs 51.6 expectedPrior…
Economists predict doom for Australia’s house price growth after 2026 budget rocks sentiment
Australia’s housing market could be heading toward one of its most dramatic corrections in decades after the federal…
Euro area headline inflation confirmed to pick up further in April amid Middle East war
CPI +3.0% vs +3.0% y/y prelimPrior +2.6%Core CPI +2.2% vs +2.2% y/y prelimPrior +2.3% Services inflation continues to…
Wheat markets hold firm with global crop prospects uncertain
Global grain markets remain supported following reports last week of tighter wheat supplies heading into the 2026-27 crop…
‘Criteria makes no sense’: Frustration grows over fuel aid cutoff
Residents apply for cash assistance aimed at easing financial strain caused by the Middle East crisis at a…
Nvidia posts record profit of $58.3bn amid AI chip boom | Technology
Nvidia has announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. The US tech behemoth said on Wednesday that profit soared to $58.3bn for the February-April period,…
Real income growth Europe 2025: Biggest economies lag as Poland and Portugal lead
Countries and institutions track many indicators to measure economic growth, with gross domestic product (GDP) growth among the…
Japan April CPI preview: core inflation seen slipping further below BOJ target
Japan’s core CPI is forecast to ease to 1.7% year-on-year in April, a third straight month below the…
President outlines measures to tackle Dollar crisis
President Anura Kumara Dissanayake today assured the public that strict measures are being taken to address Sri Lanka’s…