Bank of Mexico keeps rates on hold, tweaks its forward guidance
The Bank of Mexico on Thursday held its benchmark interest rate steady at 6.50% as expected, though it dropped guidance that explicitly suggested policymakers would continue to keep...
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France says EU’s ‘Made in Europe’ law should not include the UK
‘If you’re not in the internal market, you don’t get the same protection,’ says French minister of policy designed to curb Chinese competition France is leading a push to...
Business
Is your adjustable-rate mortgage resetting?
As interest rates have stayed elevated for the last few years, a growing share of homebuyers turned to adjustable-rate loans (ARMs). These loans typically offer some breathing...
Business
US mortgage rates top 7% for first time in 20 months
Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wages US mortgage rates surpassed 7% for the first time since...
Vistry is the laggard in a housebuilding sector full of cracks | Nils Pratley
Group shrinks ambitions from 20,000 to just 12,000 homes a year in an attempt to balance the books The entire housebuilding sector is in a funk, grumbling about energy prices...
Business
Mortgage rates top 7%, dealing a further blow to the frozen housing market
Mortgage rates reached a grim milestone this week, topping 7% for the first time since January 2025 and reaching their highest level during either of Donald Trump’s...
Business
Fearing break-up, Uniper workers want IPO, not sale, as privatisation picks up
Uniper labour representatives oppose a sale of the state-owned utility to a strategic bidder, the head of its works council said, arguing that an initial public offering would...
Business
Brazil central bank says 2027 slowdown key to inflation convergence
Brazil's central bank sees a slowdown in economic activity next year as essential for inflation to converge to its 3% target, a senior official said on Thursday.
Business
Trevi board rejects Webuild's takeover bid price as unfair
Italian engineering company Trevi Finanziaria Industriale said on Thursday its board deemed unfair the price proposed by larger rival Webuild to buy the company, saying it did...
Business
Top Russian banker says state asset grabs are spooking big business
Russian state asset seizures are deterring big businesses from investing in core operations due to fears of confiscation, senior state banker Andrei Kostin said on Thursday.
Isabel Schnabel sought to bridge Germany and the ECB
Isabel Schnabel's decision to leave the European Central Bank early for the International Monetary Fund closes a seven-year effort to reconcile Germany's traditional monetary...
Business
Starbucks is closing hundreds of locations
Starbucks is closing approximately 250 locations in the coming days as the coffee chain continues to prune its store count during its turnaround efforts.
EU says Trump plan to ban US diesel exports would ‘negatively impact both sides’
US president’s suggested 90-day export ban before midterm elections could bring even higher fuel prices across Europe Business live – latest updates The EU has warned Donald...
Business
What really happened in the room with Burnham and Trump – podcast
Pippa Crerar had a front row seat for the PM’s first meeting with Donald Trump. What really happened during that 12-minute press conference? And as the Labour conference kicks...
Business
The Odds: Clean Slate
Voters' views on President Trump and corruption have seen a reversal, with his net approval on the issue plummeting from its 2016 advantage. CNN News Central’s John Berman and...
Business
Saving more may be a little easier than you think. Sign up for CNN’s Savings Challenge to find out how
CNN is offering a weekly newsletter with savings tips, expert answers to your questions and challenges to help you get your savings on track.
Business
PB Fintech to cut costs, slow hiring after India insurance commission caps
PB Fintech expects India's proposed caps on insurance commissions to severely affect its non-life insurance business, which may lead to spending cuts and a slowdown in hiring...
Business
The complete guide to earning and redeeming Bilt Points
Bilt Points are some of the most valuable travel rewards points out there. Here’s how to earn and redeem them, so you can use them to fund your next big trip.