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The Squeeze on Households: Mortgages Near 7%, Gold Slumps, and the Real Cost of Higher-for-Longer
Australia Joins the Global Rate-Hike Wave as Central Banks From Oslo to Tokyo Tighten Together
The Reserve Bank of Australia lifted its cash rate to 4.60%, a 15-year high. From the Fed to the ECB, Norway to Japan, central banks are tightening in near-unison against war-driven inflation.
Oura Shelves Its $2.2 Billion IPO as Anthropic's Leaked Prospectus Reveals the Staggering Cost of the AI Race
Oura postponed what would have been the fall's biggest tech debut despite an order book reportedly four times subscribed. Meanwhile, Anthropic's leaked IPO filing showed a $42 billion net loss and $518 billion in future spending commitments.
Treasury Yields Hit 19- and 24-Year Highs as Bond Markets Bet on More Rate Hikes
The 10-year Treasury yield closed at 5.24% and the 30-year at 5.56% as investors priced in a longer tightening cycle. Here is why yields are surging, and what it means for stocks, homes, and the wider economy.
The Fed Hikes for the First Time in Three Years: What September's Rate Increase Means for Your Money
The Federal Reserve lifted its benchmark rate to 3.75%–4.00% in a unanimous vote, signaling that more hikes are likely before year-end. Here is what drove the decision — and what it means for mortgages, savings, and credit cards.
Most read in Finance
Oura Shelves Its $2.2 Billion IPO as Anthropic's Leaked Prospectus Reveals the Staggering Cost of the AI Race
The Fed Hikes for the First Time in Three Years: What September's Rate Increase Means for Your Money
Treasury Yields Hit 19- and 24-Year Highs as Bond Markets Bet on More Rate Hikes
The Squeeze on Households: Mortgages Near 7%, Gold Slumps, and the Real Cost of Higher-for-Longer