Treasury yields ease as inflation concerns persist

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The Guardian·14m ago

UK mortgage approvals lowest since December 2023 as borrowing costs rise – business live

Rolling coverage of the latest economic and financial news Newsflash: the number of mortgages approved by UK lenders has fallen to its lowest level since the end of 2023. Just 54,918 new home loans were approved in August on a seasonally-adjusted basis, new Bank of England data shows, as rising borrowing costs deterred potential home buyers. The average 2-year fixed residential mortgage rate today is 5.93%. This is up from 5.91% the previous working day. The average 5-year fixed residential mortgage rate today is 5.94%. This is up from 5.93% the previous working day. Continue reading...

CNBC·33m ago

Putin orders army expansion as Zelenskyy warns Russia preparing to deploy 10,000 North Korean troops

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CNBC·34m ago

Anthropic warns investors of AI’s 'existential risk to humanity' in IPO prospectus, reports say

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CNBC·58m ago

Mistral CEO says U.S. AI safety debate masks competitors’ 'negligence'

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CNBC·2h ago

CNBC Daily Open: AI’s creators sound the alarm — while others keep building the infrastructure

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CNBC·2h ago

Luckin Coffee weighs entry into Middle East markets, chairman tells CNBC

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