Markets
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UK Inflation Fell Less Than Expected to 10.1% in March as Food Prices Stayed Hot
By Ed Frankl The U.K.’s inflation rate dipped less than expected in March, holding above 10%, as food and household-energy prices remained high, indicating that the Bank of England may need to act further to curb stubbornly high costs. Consumer prices increased 10.1% in March compared with the same month a year earlier, down from…
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LITE Stock Price | Lumentum Holdings Inc. Stock Quote (U.S.: Nasdaq)
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Lingering double-digit inflation sends U.K. bond yields higher
U.K. bond yields jumped Wednesday after data showing inflation lingering above 10%. The yield on the 2-year gilt TMBMKGB-02Y, 3.825% rose 13 basis points to 3.81% as the Office for National Statistics reported that inflation in March slowed to 10.1% year-over-year from 10.4%, and that core inflation stayed at 6.2%. Economists polled by Reuters expected…
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4 ideas for travelers who want to reduce their carbon footprint
This article is reprinted by permission from NerdWallet. Travel, by nature, takes energy. Moving our bodies around the globe requires fuel, often in the form of carbon-emitting fossil fuels. Air travel generates 11% of total U.S. transportation emissions, according to a 2021 White House fact sheet. That’s a huge number, but it points to another…
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WOLF Stock Price | Wolfspeed Inc. Stock Quote (U.S.: NYSE)
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Why getting a car loan is becoming more complicated
Amid a banking crisis, getting a car loan is growing more complex. America’s lenders approved more auto loans in March, and the share of subprime loans for those with troubled credit increased. But the story isn’t as simple as “credit access is loosening.” Lenders insisted on shorter loan terms – removing the option of stretching…
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Employees asked about their canceled bonuses. The CEO warned them against living in ‘Pity City.’
The chief executive of the high-end office-furniture company MillerKnoll has gone viral. And probably not in a manner she would prefer. In a leaked Zoom call of a MillerKnoll staff town hall last month, CEO Andi Owen addressed concerns from employees about the company’s decision to withhold bonuses. It quickly descended into her lambasting staff…
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Ramit Sethi’s 5 lessons on how to get rich — from his new Netflix series
If Ramit Sethi had his wish, we’d never use the phrase “financial literacy” again. “People want to be rich! They want to live a life of freedom,” Sethi tells MarketWatch. “We have to change the framing of the way we talk about money.” This has been Sethi’s mission over the last 20 years, since he…
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TER Stock Price | Teradyne Inc. Stock Quote (U.S.: Nasdaq)
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Treasury yields hold mostly steady as traders continue to price in May rate hike
Treasury yields were mostly little changed Tuesday morning as traders expressed increasing certainty of another rate increase by the Federal Reserve in May. What’s happening The yield on the 2-year Treasury note TMUBMUSD02Y, 4.232% advanced to 4.207% from 4.186% on Monday. Yields move in the opposite direction to prices. The yield on the 10-year Treasury…