European Central Bank Raises Rates for a 10th Time
The European Central Bank on Thursday raised interest rates for a 10th consecutive — and perhaps final — time in the bank’s effort to force inflation down. The bank lifted …
BUSINESS
Goodbye WFH: Staff at City banks are under pressure to return to the office
T he City boss was fuming about the lack of staff in his expensive office on Friday. “You can make money and not turn up. You can turn up and …
Homes may sprout on San Jose site occupied by older office buildings
SAN JOSE — Affordable homes could sprout on the site of an older San Jose office center that’s more than six decades old, city documents show. The proposed development is …
People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending
China’s central bank announced a policy change on Thursday that will allow the country’s banks to lend more money, but a nationwide economic slowdown has left many companies and households …
Your New Apple Watch Series 9 Won’t Be Carbon Neutral
Part of the problem is the slipperiness of attempting to tie a carbon credit—an abstract financial instrument—to any particular product in Apple’s armada of product offerings or the wider global …
Profits crumble for housebuilder MJ Gleeson as first-time buyer demand falls
H ousebuilder MJ Gleeson has reported sliding profits and fewer homes sold as it blamed a drop in demand in the market on higher interest rates, the former chancellor’s “disastrous” …
Builders want to see buyers’ wish lists – The Mercury News
Homebuyers may wonder how new-home builders determine which features and amenities are best to incorporate into upcoming home plans, master-planned communities and lifestyle amenities. Each new release seems to include …
Cable TV Is on Life Support, but a New Bundle Is Coming Alive
A funny thing happened in recent weeks, as the media industry wrung its hands over the long-anticipated death of the lucrative cable-TV bundle: Hundreds of thousands of people turned to …
Wilko: Full list of stores closing on Thursday
W ilko will shut a further 28 stores after the end of trading on Thursday as the collapsed retailer continues with the closure of all its stores. The high street …
Meet the Man Making Big Banks Tremble
Yelling at Michael Barr, the Federal Reserve’s top banking regulator, has never been particularly effective, his friends and co-workers will tell you. That hasn’t stopped America’s biggest banks, their lobbying …