European Central Bank Raises Rates Again

Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”

14m

Wall Street Likes Meta’s Plans to Cut Costs

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

Shell’s Profit Soared to $42 Billion in 2022

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

Egg Shortages Are Driving Demand for Raise-at-Home Chickens

People are snapping up chickens that are “heavy layers” in response to egg inflation. The chick situation holds lessons about the broader economy.

3h

La Fed aumentó su tasa de interés. Esto significa para tu dinero

Los ahorradores se benefician y los deudores pueden esperar que sus deudas en tarjetas de crédito, préstamos estudiantiles y otros créditos aumenten.

3h

Falling Mortgage Rates Bring Some Home Buyers Back to Market

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

Senator Calls on Apple and Google to Ban TikTok in App Stores

Michael F. Bennet, a Colorado Democrat, cited national security, adding to bipartisan pressure on the Chinese-owned video app.

3h

Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?

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

Bank of England Raises Rates to 4 Percent

The bank raised rates by half a point to the highest since 2008, but softened its tone on future rate increases.

6h

Australia Won’t Put King Charles on Its 5-Dollar Bill

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