Look at what is happening around New Jersey. Homelessness is on the rise, and in the state that touts itself as the most diverse and equitable, American citizens most in…
TRENTON, N.J. — State Farm Insurance has notified policyholders in New Jersey of a potential overall rate increase of up to 147% for its Personal Liability Umbrella Program, according to…
TOMS RIVER, NJ — The Ocean County Board of Commissioners introduced its $608,759,015 budget for 2025 this week, promising no increase to the county property tax rate while funding a…
WASHINGTON, D.C. — Progressive Democrats are calling for a significant tax increase on corporations and the wealthy, citing historical rates during World War II as a model. The increased tax…
JACKSON TOWNSHIP, NJ – The Jackson Township Council is voicing strong opposition to Jersey Central Power & Light’s (JCP&L) proposed 17-20% electricity rate increase set to take effect in the…
Spotify, the popular music streaming service, has announced an upcoming price hike for its Premium Family subscription. Starting in July, the monthly rate will increase from $16.99 to $19.99. According…
By Leika Kihara TOKYO (Reuters) – The Bank of Japan may end negative interest rates in April but will likely go slow in any further steps towards normalising ultra-loose monetary…
JERUSALEM (Reuters) – Israel’s inflation rate eased to a 16-month month low of 3.3% in July from 4.2% in June, a drop that could continue to keep further Bank of…
BUENOS AIRES (Reuters) – Argentina’s central bank will raise the benchmark interest rate to 118% from 97% previously, an official source said Monday, adding the country’s currency will be devalued…
SHANGHAI/SINGAPORE (Reuters) – China’s central bank is widely expected to cut the borrowing cost of medium-term policy loans for the first time in 10 months on Thursday, after it lowered…
(Reuters) -Economists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees it at 4% after the European Central Bank (ECB) signalled…
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following a rate hike earlier in the day by the European…
MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea reported on Monday a 31% drop in its fourth-quarter net profit from a year earlier, hit by higher energy and raw materials…
December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes John Hugh DeMastri on January 6, 2023 The U.S. added 223,000 jobs in December, surpassing investor expectations by roughly 20,000…
US Manufacturing Cratered In December At Fastest Rate Since Pandemic Began John Hugh DeMastri on January 3, 2023 The S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) fell at the…
NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises, and that’s unlikely to change soon. New research from the…
SHANGHAI (Reuters) – China’s central bank lowered the borrowing cost of 14-day reverse repos on Monday and stepped up cash injections to counteract higher demand towards the quarter-end. The People’s…
FRANKFURT (Reuters) – As the European Central Bank raises interest rates to control inflation, a key debate is whether it can stop at a so-called ‘neutral’ level or whether it…
By Cynthia Kim SEOUL – South Korea’s residential property prices are likely to drop by up to 2.8% in two years with a full percentage point hike in policy interest…
MANILA – The Philippine central bank will continue supporting the economy’s recovery despite a planned 25 or 50 basis point rate hike this month, its governor said on Tuesday. Current…
BANGKOK – Thailand’s central bank is highly likely to raise its key policy rate at its August meeting, an official said on Friday, as its economic recovery gains more traction…
MOSCOW – Analysts have trimmed their year-end inflation forecasts for Russia and see room for the central bank to continue cutting rates as it tries to blunt the impact of…
BOGOTA – Interest rate hikes have a limited capacity to rein in accelerating inflation because supply issues are one of the key drivers of consumer price increases, Colombia’s next finance…
By Ann Saphir and Lindsay Dunsmuir (Reuters) – The U.S. economy contracted for a second straight quarter, the Commerce Department reported on Thursday, a day after the Federal Reserve raised…
TAIPEI – Several board members of Taiwan’s central bank suggested that it could make an off-cycle rate hike before the next scheduled meeting in September, minutes of their June meeting…