European Central Bank Set to Cut Interest Rates Just Days before the Feds Big Decision
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Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 6d -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - 6d -
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’ premisesFinancial Times - 6d -
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 - 6d -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - 6d -
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 - 6d -
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. - 6d -
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 - 6d -
Six big US banks quit net zero alliance before Trump inauguration
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts. • Business live – latest updates . The six biggest banks in the US have all ...The Guardian - 6d -
Glass of milk a day cuts bowel cancer risk - study
Dark leafy greens, bread and non-dairy milks containing calcium were also found to offer protection.BBC News - Jan. 8 -
I Toured European Christmas Markets for 7 Days. Here’s The Gear That Kept Me Warm, And The Bag That Fit It All
Yahoo News - Jan. 7 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.
There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.MarketWatch - Jan. 7 -
Bet365 boss takes big pay cut but still makes £158m
Denise Coates has been credited with the rapid rise of the online gambling firm.BBC News - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Why Tigers need to go big for 2025 after surprising playoff run with AL Central there for Detroit's taking
The Tigers have made a few moves so far this winter but now's the time to double downCBS Sports - Jan. 6 -
Fed’s top bank cop to step down, averting potential clash with Trump
Politico - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - Jan. 5 -
How to Be More Resilient, Adaptable, and Less Afraid of Failure in Just 1 (Incredibly Difficult) Day
One day can positively impact every other day this year, as long as that day involves a Misogi challenge.Inc. - Jan. 4 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Australia bowlers dominate as India all out for 185 before fiery end to day
Boland takes four wickets; Kohli survives contentious call Khawaja falls to Bumrah off last ball to leave hosts 9-1 Under overcast but rain-free skies, huge queues are snaking into the SCG. ...The Guardian - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
FBI asks for public's help in finding who planted bombs day before Jan. 6 attack
The FBI made a renewed call for the public's help in finding the suspect who planted two bombs near the headquarters of the Republican and Democratic National Committees the day before the Jan. 6 ...NBC News - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - Jan. 2 -
Psychiatrists Discovered Doing This Just Once a Month Cuts Your Risk of Depression in Half
Looking for an easy but impactful new year’s resolution? Do this once a month in 2025 and you’ll cut your risk of depression in half.Inc. - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Trump to hold DC rally day before inauguration
President-elect Trump will hold a rally in Washington the day before he is set to be inaugurated for a second term. The president-elect will hold what is being dubbed a "victory rally" at Capital ...The Hill - Jan. 1 -
Fantasy Football Week 18 Lineup Decisions: Receivers who could put up big numbers in the season finale, more
Dig into the players who might be tough start/sit calls in your lineup based on game film notes, stats, moreCBS Sports - Jan. 1 -
‘Set piece FC’ strike again just as Arsenal are tempted by the fountain of youth | John Brewin
Nicolas Jover’s corner routines bore fruit once more at Brentford as Ethan Nwaneri made his first league start. Never forget where you’re coming from. On the August 2021 night Brentford made their ...The Guardian - Jan. 1 -
Trump to hold D.C. rally on Jan. 19, day before inauguration
President-elect Donald Trump will be sworn in for his second term in office on Jan. 20.CBS News - Jan. 1 -
‘It wasn’t the easiest decision’: Eagles set to rest Saquon Barkley amid record bid
Sirianni: Barkley will ‘probably be somebody that rests’ Running back is 101 yards short of NFL rushing record Saquon Barkley appears set to sit out the Philadelphia Eagles final regular-season ...The Guardian - Jan. 1