Fed Raises Rates But Nods to Greater Uncertainty after Banking Stress
Sort by
Date
Items per page
-
R.F.K. Jr. Raises New Uncertainty for Biden in Michigan
Mr. Kennedy’s success in landing on the battleground state’s ballot guarantees that he will shape the race this November. Both parties are racing to define him.The New York Times - Top stories - Joe Biden -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
West Virginia will not face $465M COVID education funds clawback after feds OK waiver, governor says
West Virginia will not face a clawback of $465 million in COVID-19 money from the federal government, alleviating concerns raised by state lawmakers during the legislative session in MarchABC News - Top stories - Covid -
'I see a team under stress' - Klopp departure 'weighing' on Liverpool
Two weeks ago, Liverpool were top of the Premier League and had a favourable route to the Europa League final - things now look very different as Jurgen Klopp's departure looms.BBC News - Top stories -
Trump trial resumes after man sets himself on fire outside court
Police say the man threw "conspiracy based" pamphlets into the air, before dousing himself in an accelerant.BBC News - Top stories - Donald Trump -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Mistral in talks to raise €500mn at €5bn valuation
One-year-old French start-up approached by multiple investors who view it as Europe’s answer to OpenAIFinancial Times - Business -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
China Hits U.S. With Levy on Chemical as Trade Tensions Rise
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.The Wall Street Journal - World - China -
Abolishing IHT tax reliefs could raise £3bn, IFS finds
Eliminating Aim, business and pension scheme tax relief would make the scheme fairer, said the think-tankFinancial Times - World -
Procter & Gamble sales disappoint as price hikes slow down
The Tide owner's quarterly volume was flat for the second consecutive quarter.CNBC - Business -
Chelsea’s £76.5m hotel deals raise questions over PSR compliance
Club’s losses reduced by property deal with sister companyChelsea would have lost £166.4m without hotel salesPremier League clubs reacted with exasperation after seeing that Chelsea eased their financial position with the £76.5m sale of two ...The Guardian - World -
Arrests of Europeans for Aiding Russia Raise Fears of Kremlin’s Reach
A string of arrests, including two Poles accused of attacking a Navalny aide and a third for ties to a possible plot against Ukraine’s president, have amplified worries of Russian infiltration.The New York Times - Top stories - Russia -
Shopify Just Revealed a New Points-System Approach to Pay Raises
Here's the secret: You're probably doing something similar.Inc. - Business -
Girl, 7, starts lemonade stand to raise money for mother's headstone
The first time Emouree went to the cemetery with her grandmother, she couldn't understand why everyone else got a giant granite headstone, but her mother just received a tiny metal one.CBS News - Top stories -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
Victimise people who raise a voice in Britain? Then destroy their families? Not in my name | George Monbiot
Marcus Decker dared to protest on climate and was punished. Now he could be deported. Is that a humane democracy?. When the traditional ruling class was obliged to concede to demands for democracy, it gave away as little as possible. We could ...The Guardian - World -
Reince Priebus Was Pushed Out by Trump. Now He's Raising Money for His Coronation.
The former White House chief of staff, who has longtime Wisconsin ties, aims to bring in $70 million for the Republican convention in Milwaukee.The Wall Street Journal - World -
Cinemark poised to reap the benefits of a better box office, says Wedbush, raising price target and estimates
Cinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year’s Hollywood writers’ and actors’ strikes, according to analyst firm Wedbush.MarketWatch - Business -
Injured in a Russian strike, a 13-year-old Ukrainian girl runs to raise money
Yana Stepanenko, 13, ran 5K at the Boston marathon to show the courage and strength of Ukrainians and to raise money for a Ukrainian soldier.ABC News - Top stories - Ukraine