The Swedish central bank raised its key policy rate by a quarter point and hinted at further tightening as inflationary pressures remain too high amid unjustifiably weaker currency. The Executive Board of Riksbank, led by Governor Erik Thedeen, decided to…
Read MoreEuropean Economic News Preview: BoE & SNB To Raise Key Rates
The Bank of England and the Swiss National Bank are widely expected to make a final quarter-point rate hike after the US Federal Reserve decided to keep the benchmark rate unchanged on Wednesday. The Bank of England is set to…
Read MoreRBA Policymakers Discussed Lifting Rate In September, Minutes Show
Policymakers of the Reserve Bank of Australia discussed raising the interest rate by a further quarter point at the September meeting, the minutes of the meeting showed Tuesday. At the final policy-setting meeting of Philip Lowe as governor, board members…
Read MoreNot retirement ready yet? Catch-up strategies for late-starters
Save articles for later Add articles to your saved list and come back to them any time. Let’s face it, life doesn’t always go as planned. In fact, more people than you might expect find themselves in their late 40s,…
Read More$400 One-Time Tax Rebates From Virginia Finally Approved
Gov. Glenn Youngkin signed a bipartisan state budget that, among other things, includes $1 billion in tax relief. The $1 billion in tax relief package, in turn, includes tax rebates from Virginia, raises the standard deduction, as well as reinstates…
Read MoreChina Industrial Output, Retail Sales Growth Tops Expectations
China’s industrial production and retail sales growth accelerated more than expected in August as the stimulus measures are beginning to underpin the nascent recovery, but the downturn in the property market continued dimming the growth prospects. Industrial production posted a…
Read MoreGlobal Warming’s $65 Billion Price Tag
From time to time, researchers put a price tag on climate change. Insurance rates will rise. Millions of people will need to relocate from places where temperatures are 140 degrees Fahrenheit. Rivers will dry up. Floods and wildfires will cause…
Read MoreStudy Exposes Prevalence of Employee Dissatisfaction Following Extended Role Tenure
New research reveals nearly half of employed Americans find themselves restless during the workweek, according to a survey of 2,000 employed U.S. adults. The study found that 46% of employees battle boredom at work at least three days a week….
Read MoreRedrow FY23 Profit Climbs, Revenues Nearly Flat; Cuts Dividend; Re-introduces FY24 View
British house builder Redrow Plc (RDW.L) reported Wednesday higher profit before tax in fiscal 2023, amid nearly flat revenues. For the year, profit before tax surged 61 percent to 395 million pounds from last year’s 246 million pounds. Earnings per…
Read MoreWhat’s in a name? Boosting the value of your postwar home
Save articles for later Add articles to your saved list and come back to them any time. When it comes to selling postwar architecture (built after 1945), the name of the architect can push up the price. Take the example…
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