Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
14m
Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.
55m
The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief signaled a more “balanced approach” to renewable energy.
1h
People are snapping up chickens that are “heavy layers” in response to egg inflation. The chick situation holds lessons about the broader economy.
3h
Los ahorradores se benefician y los deudores pueden esperar que sus deudas en tarjetas de crédito, préstamos estudiantiles y otros créditos aumenten.
3h
Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of the economy is what will drive the market’s next moves.
3h
Michael F. Bennet, a Colorado Democrat, cited national security, adding to bipartisan pressure on the Chinese-owned video app.
3h
The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
3h
The bank raised rates by half a point to the highest since 2008, but softened its tone on future rate increases.
6h
The bill had long featured Queen Elizabeth II, but officials said the bank note would be redesigned to focus on Indigenous history. That has rekindled the debate about republicanism in Australia.
6h
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