DODOMA: THE National Assembly has been informed that the government has improved the pension formula, including increasing ...

Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...

The Taxi and Limousine Commission proposed changes to its minimum-pay formula that it says will boost driver pay — and keep ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...

The country's biggest bank is cutting a range of shorter-term interest rates. ANZ Bank said it would drop its special interest rates by between 15 and 25 basis points. The six-month rate drops from ...

But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains on the table, economists say. The Reserve Bank (RBNZ) cut the OCR ...

Macquarie Bank will now offer customers a one-year fixed rate of 5.55 per cent for owner-occupiers paying principal and interest assuming they have at least a 30 per cent deposit. For owner ...

UK pay after inflation has risen at its fastest rate for more than three years, driven by strong wage growth in the private sector. Pay packets increased on average by 3.4% between September and ...

Mortgage rates may have inched up to the highest level in nearly eight months, but that’s not stopping one group from jumping into the market. Some homeowners are sinking their teeth into ...