Tag Archives: rate

EXCLUSIVE: One in five saving LESS as Bank's rate cut ups risk-taking culture

One in five people save less money each following the Bank of England’s interest rate cut last month, found peer-to-peer lender ThinCats. Policymakers sliced core rates down to 0.25 per cent at the beginning of August, sparking a mass of providers to slash saver returns. Now two in five Britons are reassessing their approach to savings and investments – with ...

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Avoid falling into a rate trap

Providers have rushed to cut rates on hundreds of savings accounts, but have been slower to reduce mortgage costs. You can redress the balance by fighting back to get a better rate on both your savings and borrowings. SAVINGS SAVAGED Bank of England governor Mark Carney’s move to halve base rates to 0.25 per cent last month has sparked another ...

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High State Tax Rate? You Probably Want to Move

Filed under: State Income Tax Getty By Karla Bowsher Residents of states with higher state tax burdens are more likely to want to move, a new study shows. Gallup’s recently released State of the States 2015 study found that residents of states with the highest aggregated state tax burdens are 10 percent more likely to say they would like to ...

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A Guide to Negotiating a Better Interest Rate on Your Credit Cards

Filed under: Credit Cards Getty By Trent Hamm When you carry a balance on a typical credit card, the credit card company is simply extracting money from your wallet. If you carry a $ 2,500 balance for a year on a typical 20 percent APR card, that means you’re giving the credit card company $ 500 of your hard-earned cash ...

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Marijuana Use Is At Its Highest Rate Ever And Causing Many Problems For Adults Of All Ages

As states began to legalize marijuana, it was often asserted that the legalization of the drug would help decrease crime rates and act as a remedy for many different diseases and mental health disorders. While, in places like Colorado, crime has decreased, the figures differ nationwide. A recent study shows that marijuana use has greatly increased in Americans over the ...

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South Korea cuts interest rate but trade with U.S. soars

Elizabeth ShimSEOUL, March 12 (UPI) — Trade between the United States and South Korea grew nearly 14 percent three years after the signing of a bilateral free trade agreement in 2012, but South Korea’s central bank cut its base rate to a record low, citing a slower-than-expected economic recovery. Top News – UPI.com

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Employers Add 257,000 Jobs, Jobless Rate Ticks Up to 5.7%

Filed under: Labor, Unemployment Rate, Job Market, Economy, This Built America Lynne Sladky/AP By CHRISTOPHER S. RUGABER WASHINGTON — U.S. employers added a vigorous 257,000 jobs in January, and wages jumped by the most in six years — evidence that the job market is accelerating closer to full health. The surprisingly robust report the government issued Friday also showed that ...

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U.S. Jobless Rate Falls to 5.9%, Lowest Since 2008

Filed under: Labor, Economic Indicators, Unemployment Rate, Job Market, This Built America Seth Perlman/AP By Jason Lange WASHINGTON — U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, bolstering bets on a Federal Reserve rate hike in mid-2015. Friday’s report on employment is the most significant gauge of the economy’s health ahead of ...

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Distorted Jobs Report Shows Unemployment Rate Up to 7.3 Percent

October’s jobs report is distorted because of the timing of the shutdown. The government’s job report released Friday says the nation added 204,000 jobs in October and that the unemployment rate ticked upward, to 7.3 percent. Those numbers are marred, however, by the government shutdown, and it may be months before data not distorted by the 16-day October shutdown are ...

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Asteroid hit rate ‘underestimated’

By Rebecca Morelle Science reporter, BBC World Service Archive: Eyewitnesses and CCTV cameras captured the moment the meteor flew across the sky ...

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