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- People walk past the Bank of England in London, Thursday, Feb. 2, 2023. The Bank of England is expected to raise interest rates by as much as half a percentage point. That would outpace the latest hike by the U.S. Federal Reserve. The move on Thursday comes as the central bank seeks to tame decades-high inflation that has driven a cost-of-living crisis and predictions of recession. (AP Photo/Frank Augstein)
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Bank of England rate hike says 'too soon to declare victory'
By DANICA KIRKA - Associated Press
Thu,02/02/23-1:42AM , 417 Reads
LONDON (AP) — The Bank of England announced another “forceful” 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-
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- A person wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Friday, Feb. 3, 2023, in Tokyo. Asian shares were trading mixed Friday ahead of a closely watched U.S. jobs report that may affect global interest rates. (AP Photo/Eugene Hoshiko)
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Asian shares trade mixed ahead of US jobs report
By YURI KAGEYAMA - AP Business Writer
Wed,02/01/23-11:29PM , 813 Reads
TOKYO (AP) — Asian shares were trading mixed Friday ahead of a closely watched U.S. jobs report that may affect global interest rates.

Weaker than expected earnings reports from U.S. technology companies, announced after Wall Street trading ended, pulled Chinese benchmarks lower.
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- This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. Delaying the start of Social Security retirement benefits can dramatically increase your monthly benefit and your lifetime income. But how do you pay the bills in the meantime? Using your 401(k) or other retirement savings as a “bridge” may be the best option, even if it means spending down your savings at a rapid rate. (NerdWallet via AP, File)
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Liz Weston: ‘Bridge’ your way to Social Security
By LIZ WESTON OF NERDWALLET
Wed,02/01/23-8:42PM , 234 Reads
Delaying the start of Social Security benefits is a powerful way for retirees to cope with inflation, survive bad investment markets and reduce the risk they’ll run short of money.
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- Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
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Here's what the Fed interest rate hike means for you
By CORA LEWIS - Associated Press
Wed,02/01/23-5:07PM , 656 Reads
NEW YORK (AP) — 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.
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