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Bank of England Cuts Interest Rates As British Economy Weakens

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  • A murder that shook British India and toppled a king

    A murder that shook British India and toppled a king

    A businessman was shot dead in India 100 years ago. Then, a sensational tale unfolded.
    BBC News - Jan. 12
  • British hiker's family devastated as items found

    British hiker's family devastated as items found

    Aziz Ziriat's family say they are devastated as his phone case is found by search teams in the Dolomites.
    BBC News - Jan. 11

  • This is what it could take for the Fed to hike interest rates

    Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index
    MarketWatch - Jan. 11

  • Is Donald Trump inheriting the best economy in history?

    President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.
    MarketWatch - Jan. 11

  • Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025

    U.S. stocks are down so far in 2025 as market volatility climbs.
    MarketWatch - Jan. 11
  • Mexico to Avoid U.S. Tariffs, Economy Minister Says

    Mexico to Avoid U.S. Tariffs, Economy Minister Says

    President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.
    Inc. - Jan. 10

  • Biden delivers remarks on the economy

    Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...
    NBC News - Jan. 10

  • Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns

    Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
    The New York Times - Jan. 10

  • Surprising December jobs growth is denting chances of a first-half Fed rate cut

    Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...
    MarketWatch - Jan. 10
  • Hiring boost indicates Trump will inherit healthy economy

    Hiring boost indicates Trump will inherit healthy economy

    The data may help determine whether the Fed will cut interest rates this month.
    ABC News - Jan. 10
  • Jolted Australia are on the tear again – England have their work cut out

    Jolted Australia are on the tear again – England have their work cut out

    Healy’s side have reacted strongly again to World Cup pain and the tourists need to keep the series live until the Test. If you’re playing against the Australian women’s cricket team, there are ...
    The Guardian - Jan. 10

  • Strong December job growth could augur fewer Fed interest-rate cuts

    Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
    CBS News - Jan. 10
  • U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%

    U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%

    The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...
    NBC News - Jan. 10
  • The Fed Is in No Rush to Cut Rates

    The Fed Is in No Rush to Cut Rates

    Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
    The New York Times - Jan. 10
  • China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

    China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

    The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
    The New York Times - Jan. 10
  • Lebanon Turns a Political Page as Hezbollah’s Hold Is Weakened

    Lebanon Turns a Political Page as Hezbollah’s Hold Is Weakened

    A stinging defeat in war has left the once untouchable group on its most uncertain footing in years.
    The New York Times - Jan. 10
  • Lula Disapproval Hits New High With Brazilians Pessimistic About Economy

    Lula Disapproval Hits New High With Brazilians Pessimistic About Economy

    Yahoo News - Jan. 10
  • Fed Governor Bowman says December interest rate cut should be the last

    Fed Governor Bowman says December interest rate cut should be the last

    Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.
    NBC News - Jan. 9

  • HELOC interest rates drop to 18-month low: Should you open one now?

    HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.
    CBS News - Jan. 9

  • What's a good home equity loan interest rate in 2025?

    With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.
    CBS News - Jan. 9

  • Fed Governor Bowman says December interest rate cut should be the last

    Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.
    CNBC - Jan. 9

  • Why two Fed officials doubt the need for many more rate cuts

    One official warned that “progress on inflation could continue to stall.”
    MarketWatch - Jan. 9
  • New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.

    New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.

    The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.
    The New York Times - Jan. 9
  • Truss issues legal threat to PM over claim she crashed economy

    Truss issues legal threat to PM over claim she crashed economy

    No 10 insists millions of people share Sir Keir's view of the Truss government's economic record.
    BBC News - Jan. 9
  • A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy

    A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy

    Bond yields have surged since the Fed began cutting interest rates.
    Inc. - Jan. 9

  • Altium in Economy 4.0: Connecting Electronics Production for Accelerated Innovation

    Altium and Renesas are enabling the drive toward Economy 4.0 ─ the digitized, interconnected, and automated economy that integrates data, AI, and the Internet of Things ─ by connecting and ...
    CBS News - Jan. 9

  • Truss lawyers tell Starmer to stop saying she ‘crashed the economy’

    Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenure
    Financial Times - Jan. 9
  • China bets on kitchen appliances to boost economy

    China bets on kitchen appliances to boost economy

    A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.
    BBC News - Jan. 9
  • 'Trump 2.0' looms large over the global economy

    'Trump 2.0' looms large over the global economy

    Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.
    BBC News - Jan. 9
  • Fed officials saw need for ‘careful approach’ to future rate cuts

    Fed officials saw need for ‘careful approach’ to future rate cuts

    Minutes from December meeting show policymakers are concerned about US inflation risks
    Financial Times - Jan. 8
  • Robots haven't taken over yet, but AI investments are powering more of the economy

    Robots haven't taken over yet, but AI investments are powering more of the economy

    Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.
    NBC News - Jan. 8
  • Rate-Cut Decision Was Narrow, Fed Minutes Show

    Rate-Cut Decision Was Narrow, Fed Minutes Show

    Stubborn inflation, and potential tariffs, make future rate cuts uncertain.
    The New York Times - Jan. 8
  • Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts

    Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts

    Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premises
    Financial Times - Jan. 8

  • What's a good CD interest rate in 2025?

    CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.
    CBS News - Jan. 8

  • What factors drive mortgage loan interest rates?

    The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.
    CBS News - Jan. 8
  • Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

    Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

    After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.
    Inc. - Jan. 8
  • Body found in search for missing British hikers in Italy

    Body found in search for missing British hikers in Italy

    Aziz Ziriat, 36, and Samuel Harris, 35, from London, had not been heard from since 1 January.
    BBC News - Jan. 8
  • The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve

    The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve

    The president-elect wants lower interest rates but Jerome Powell sees them staying high.
    Inc. - Jan. 8

  • Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

    Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
    MarketWatch - Jan. 8

  • Bank of England to relax rules for banks and insurers

    PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation
    Financial Times - Jan. 8
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