rates

Workers still quitting at high rates — and getting a big bump in pay

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Filadendron | E+ | Getty Images The share of workers who quit their jobs jumped in November for the first time since last spring — and they’re getting a big pay bump for moving, data shows. The “quits rate” among U.S. workers was 2.7% in November, up from 2.6% the prior month, according to U.S. … Read more

Where to keep your cash amid high inflation and rising interest rates

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dowell | Moment | Getty Images Investors have many options when saving for short-term goals, and those choices have become more complicated amid high inflation and rising interest rates. While there have been signs of slowing inflation, the Federal Reserve is expecting higher interest rates to continue. “It looks like this year might be a … Read more

Don’t let these 3 credit myths cost you money as interest rates rise

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Credit scores play a key role in your financial life. Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. And yet, many Americans make the same common mistakes with credit, putting their future financial well-being at risk. As interest rates rise at the steepest annual pace ever, … Read more

Fed Minutes to Reveal Source of Inflation Angst Pushing Up Rates

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(Bloomberg) — The Federal Reserve is set to shed more light on why it’s worried that strong inflation may linger as the US economy moves into the new year. Most Read from Bloomberg At the conclusion of the Dec. 13-14 meeting of the Federal Open Market Committee, policymakers published new projections showing they expected inflation … Read more

STR: November U.S. Hotel Occupancy, Rates Fall

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Average U.S. hotel revenue per available room, daily rates and occupancy in November all were down month over month, while ADR and RevPAR remained above 2019 levels, according to hospitality analytics firm STR.  November U.S. hotel occupancy was 59.4 percent—down 7.8 percentage points from October 2022 and down 3.2 percent from 2019. ADR in November … Read more

A brief ‘window of opportunity’ is now open for homebuyers as mortgage rates fall, but experts warn of a ‘longer term war that is not yet over’

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A brief ‘window of opportunity’ is now open for homebuyers as mortgage rates fall, but experts warn of a ‘longer term war that is not yet over’ While turkey and pies were significantly more expensive this Thanksgiving season, Americans do have something to be thankful for: Mortgage rates are continuing to slide. Borrowing costs first … Read more

Emera Inc. Subsidiary Nova Scotia Power Reaches Settlement Agreement on General Rate Application, Including Fuel and Non-fuel Rates for 2023 and 2024

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Article content This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated August 12, 2021 to its short form base shelf prospectus dated August 5, 2021 HALIFAX, Nova Scotia — Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has … Read more

Mortgage rates fall for the second week in a row

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Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending November 23, down from 6.61% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen throughout most of 2022, spurred … Read more

Sri Lankan c.bank threatens administrative measures over high market interest rates

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Breadcrumb Trail Links PMN Business Author of the article: Reuters Uditha Jayasinghe and Swati Bhat Publishing date: Nov 23, 2022  •  9 minutes ago  •  3 minute read Join the conversation Article content COLOMBO — Sri Lanka’s central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of … Read more