Written by 
The Bangko Sentral ng Pilipinas (BSP) is seen further reducing key interest rates next year, or up to 100 basis points (bps). To recall, the BSP delivered another 25 bps rate cut during its last meeting for this year on Thursday. The central bank has so far reduced policy rates by a total of 75 […]
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation and a recovery in the ruble. KIRILL Kudryavtsev | AFP | Getty Images Russia’s central bank on Friday left its key interest rates unchanged at […]
Getty Images UK interest rates will remain at 4.75% after the Bank of England voted to hold borrowing costs. While the Bank voted to keep rates unchanged, three members of the nine-member rate-setting committee wanted to reduce it to 4.5%. The Bank now thinks the economy will have performed worse than expected between October and […]
Spain’s Navantia agrees deal to purchase Harland & Wolff Newsflash: Spanish state-held shipbuilder Navantia has finalised a deal to acquire the shipyards of Britain’s Harland & Wolff, best known for building the Titanic, the British government has announced. Navantia’s rescue deal would end almost three months of uncertainty for staff at Harland & Wolff, which […]
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow […]
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Key Takeaways Savings account yields are much higher than a few years ago Top rates may fall as the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates […]
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Key Takeaways Today’s highest CD rate is 5.37% for a 12-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates […]
For the first time in over a decade, obesity rates in the United States may finally be heading in the right direction and new weight loss drugs like semaglutide could be part of the reason why. A new study published Friday in the journal, JAMA Health Forum, found that obesity numbers ticked down slightly from […]
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Key Takeaways Today’s highest CD rate is 5.37% for a 12-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates […]
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Key Takeaways Savings account yields are much higher than a few years ago Top rates may fall as the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates […]