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Bank of England rate hike says 'too soon to declare victory' Bank of England rate hike says 'too soon to declare victory' 02/02/2023 12:24pm • LONDON (AP) â The Bank of England announced another âœforcefulâ increase in interest rates Thursday, saying it was too soon to declare victory against inflation that has slowed slightly but is still fueling a cost-of-living crisis, public-sector strikes and fears of recession. The bank raised i Average long-term mortgage rate falls a fourth straight week Average long-term mortgage rate falls a fourth straight week 02/02/2023 12:01pm • The average long-term U.S. mortgage rate declined for the fourth week in a row, a sign of relative stability that could potentially open the door for some prospective homebuyers to get back in the market. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fel European Central Bank hikes rates, vows 'we are not done' European Central Bank hikes rates, vows 'we are not done' 02/02/2023 11:15am • FRANKFURT, Germany (AP) â The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more will follow, underlining its drive to subdue inflation even as the economy slows and the U.S. Federal Reserve eases its pace of increases. The Frankfurt-based bank rai João Cancelo gives Bayern new energy ahead of key games 02/02/2023 08:57am • DUESSELDORF, Germany (AP) â João Cancelo might have been the missing piece in Bayern Munich's puzzle. The Portuguese fullback, for so long a key player at Manchester City, looked a perfect fit on his Bayern debut, needing only 17 minutes to set up the opening goal in a 4-0 win over Mainz in the G High court offers bonuses, debt relief to lure police hires High court offers bonuses, debt relief to lure police hires 02/02/2023 06:05am • WASHINGTON (AP) â Supreme Court police officers last fall staffed a table at Washington's armory, where runners picked up their numbers and T-shirts for the Army 10-Miler road race. The officers were promoting an entirely different kind of competition, seeking to recruit new officers in a tight em US opens embassy in Solomon Islands to counter China US opens embassy in Solomon Islands to counter China 02/02/2023 01:50am • WELLINGTON, New Zealand (AP) â The United States opened an embassy in the Solomon Islands on Thursday in its latest move to counter China's push into the Pacific. The embassy in the capital, Honiara, is starting small, with a chargé dâaffaires, a couple of State Department staff and a handful o Here's what the Fed interest rate hike means for you Here's what the Fed interest rate hike means for you 02/02/2023 12:01am • NEW YORK (AP) â The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive. The rate increase will likely make it even costlier to borrow for homes, autos an Seattle Housing Market Forecast 02/01/2023 07:00pm • For decades, Seattle has been synonymous with some of the brands that call it home -- Starbucks, Amazon, Microsoft (headquartered in nearby Redmond, Washington) are just a few. Seattle is even home to national real estate brokerage Redfin and real estate information company Zillow. With so many majo 9 Upgraded Stocks to Buy in February 02/01/2023 07:00pm • The S&P 500 gained 6.2% in January, kicking off 2023 on a strong note after a brutal 2022. But the Federal Reserve is still raising interest rates in its ongoing battle against inflation. The higher interest rates rise, the more difficult it becomes for S&P 500 companies to grow earnings. In Should You Consider Short Selling? 5 Pros, 5 Cons 02/01/2023 07:00pm • Most long-term investors attempt to profit from rising stock prices, but that's not the only way to make a buck in the stock market. Short selling involves borrowing shares of a stock and immediately selling them with the goal of buying them back later at a lower price. Instead of profiting on a ris Fed lifts rate by quarter-point but says inflation is easing Fed lifts rate by quarter-point but says inflation is easing 02/01/2023 06:26pm • WASHINGTON (AP) â The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. At the same time Star power at Pebble comes more from amateurs than pros 02/01/2023 05:49pm • PEBBLE BEACH, Calif. (AP) â U.S. Open champion Matt Fitzpatrick is one of only three players from the top 20 in the world at the AT&T Pebble Beach Pro-Am. It's lacking star power by PGA Tour standards. That's not what Fitzpatrick saw. He played nine holes of practice Wednesday at Pebble Beach Cancelo helps Bayern beat Mainz 4-0 on debut in German Cup 02/01/2023 05:08pm • MAINZ, Germany (AP) â João Cancelo needed little time to make an impact for Bayern Munich as he helped his new team reach the quarterfinals of the German Cup with a 4-0 win at Mainz on Wednesday. The Portugal left back started on the right wing one day after joining on loan from Manchester City a Here's what the Fed interest rate hike means for you Here's what the Fed interest rate hike means for you 02/01/2023 05:03pm • NEW YORK (AP) â The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive. The rate increase will likely make it even costlier to borrow for homes, autos and o Republican-led committee targets COVID relief aid for review Republican-led committee targets COVID relief aid for review 02/01/2023 05:02pm • WASHINGTON (AP) â House Republicans on Wednesday began their promised aggressive oversight of the Biden administration, focusing on what watchdogs described as âœindications of widespread fraudâ in federal coronavirus aid programs initiated under President Donald Trump. GOP lawmakers complained
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