European Central Bank to Cut Interest Rates Again As Inflation and Economy Cools
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Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 6d -
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 -
The Musk threat to European democracy
Free speech push, now backed by Meta’s Zuckerberg, risks spread of disinformationFinancial Times - 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 -
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 regulationFinancial Times - 6d -
Meloni’s European moment risks falling flat
Italy’s most successful premiers on the EU stage tend to be technocrats not professional politiciansFinancial Times - 6d -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - 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 -
Bitter cold envelops US south as central states recover from freeze
Polar vortex chilled central US, downing trees, blasting snow, shuttering schools and causing traffic pile-ups. The next round of bitter cold enveloped the southern US on Tuesday, after the first ...The Guardian - Jan. 7 -
Maingear launches Apex liquid-cooled desktop gaming PCs
Maingear has launched two more models in its Apex line of liquid-cooled desktop gaming PCs: the Apex Force and the Apex Rush.VentureBeat - Jan. 7 -
Elon Musk Is Roiling European Politics
The Trump ally has flooded X with posts criticizing European politicians, causing a diplomatic conundrum for the continent’s leaders.The Wall Street Journal - Jan. 7 -
O'Leary: Trump US-Canada merger an interesting concept
"Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is "very interesting." “I went to Palm Beach for a couple of days. On Saturday, we ...The Hill - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - 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 -
Stocks appear ‘rate sensitive once again’ as bond yields press higher
Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.MarketWatch - Jan. 6 -
New York Crime Rate Falls, but Number of Felony Assaults Rises Again
Killings and shootings have dropped, but headlines have been dominated by terrifying crimes, like the killing of a woman who was burned to death on the F train.The New York Times - Jan. 6 -
European leaders denounce Elon Musk's influence on the continent
Tech billionaire Elon Musk is getting wide pushback in European capitals as he tries to extend his recent political success in other countries.NBC News - Jan. 6 -
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 -
Firm completes 'really interesting' zoo project
Yahoo News - Jan. 6 -
German inflation rate climbs to 2.6% in December
Yahoo News - Jan. 6 -
Putin plus Trump spell trouble for European security
German rearmament is crucial to shoring up Europe’s defencesFinancial Times - 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 -
Germany to release inflation estimate for 2024
Yahoo News - 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 -
Ryan Leonard At The World Juniors: "It's Cool To Be Hated."
The Washington Capitals first-rounder is Team USA's captain and emotional leader - and rival fans are letting him have it.Yahoo Sports - Jan. 4 -
UK vies with Germany to be European EV champion
Year of record sales was still below government targetsFinancial Times - Jan. 4 -
USA's Cardoso 'motivated' by transfer interest
Constant transfer speculation is giving Real Betis midfielder Johnny Cardoso extra motivation to play at his best, according to the United States international.ESPN - Jan. 3 -
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 -
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 -
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 -
Passive Heat from City Sewer Used to Heat and Cool Museum
Yahoo News - Jan. 2 -
9 European Exhibitions Worth Traveling for in 2025
From big shows in London and Amsterdam to a Cézanne tribute in the south of France, these art experiences will be worth the journey.The New York Times - Jan. 2