Japan Raises Interest Rates to 31-Year High Under U.S. Pressure

New York Times - Sep 18, 2026

The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for tighter monetary policy.

Read full article

MORE NEWS

Searing Elon Musk Film Nears U.S. Release Amid Overseas Concerns
Sep 17, 2026

Searing Elon Musk Film Nears U.S. Release Amid Overseas Concerns

Alex Gibney’s “Musk” will arrive in United States theaters next month. Universal says it remains committed to releasing it overseas but has yet to set dates.

Trump Seeks ‘Made in U.S.A.’ Labels on Beef as Import Rule Angers Ranchers
Sep 17, 2026

Trump Seeks ‘Made in U.S.A.’ Labels on Beef as Import Rule Angers Ranchers

The Agriculture Department hopes Americans will pay more for U.S. beef, in an attempt to appease ranchers upset over increased, cheaper imports.

World Bank Courts Private Financing Amid Global Debt Burden
Sep 17, 2026

World Bank Courts Private Financing Amid Global Debt Burden

The World Bank president, Ajay Banga, has worked to make the development institution a magnet for private capital as donor nations face budget constraints.

Trump Blasts the Fed But Spares Kevin Warsh After Interest Rate Hike
Sep 17, 2026

Trump Blasts the Fed But Spares Kevin Warsh After Interest Rate Hike

The president blasted the rest of the Fed — and kept up his demand for a cut — but spared Fed Chairman Kevin M. Warsh from the criticism.

Mixed feelings from consumers as electricity discount to be given to NI households
Sep 17, 2026

Mixed feelings from consumers as electricity discount to be given to NI households

The one-off £63 reduction in electricity bills will be applied from next month.

Warm words on Canada's EU 'associate membership' but no guarantees
Sep 17, 2026

Warm words on Canada's EU 'associate membership' but no guarantees

There is no certainty that the idea will ever get off the ground, let alone become a blueprint for other countries, writes the BBC's Katya Adler.

Steve Bannon and Bernie Sanders Condemn Tech ‘Oligarchs’ and Demand A.I. Reforms
Sep 17, 2026

Steve Bannon and Bernie Sanders Condemn Tech ‘Oligarchs’ and Demand A.I. Reforms

At an event in Washington, partisanship took a back seat as elected officials, religious leaders, parents and artists called for reining in artificial intelligence.

Barclays workers ask for more money to return to the office
Sep 17, 2026

Barclays workers ask for more money to return to the office

Unite union, which represents 36,000 Barclays staff, calls for a one-off payment to offset increased travel and childcare costs.

Interest rates held but Bank signals rise if energy prices stay high
Sep 17, 2026

Interest rates held but Bank signals rise if energy prices stay high

Rates are held for the sixth time in a row but the Bank of England says high energy prices make a future rise more likely.

Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision
Sep 17, 2026

Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision

This month, the president threatened to halt a broad swath of trade if interest rates were not cut, a possibility he resurfaced on Wednesday.

Fed Raises Rates in First Major Step by Warsh to Contain Inflation
Sep 17, 2026

Fed Raises Rates in First Major Step by Warsh to Contain Inflation

The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm elections.

Global Economy Is Running Out of Wiggle Room
Sep 17, 2026

Global Economy Is Running Out of Wiggle Room

Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.

RECOMMENDED

Profit And Cost

Profit and Cost is the personal business & financial assistance for individuals considering to improve their profits and lowering the cost in their everyday life.

ABOUT US
Newsletter

Subscribe for more recent news from Profit And Cost

Copyright © 2015 - 2026 Profit And Cost. All Rights Reserved.