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FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
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CNBC - Business
China's central bank chief set to hold press conference days after Fed rate cut
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads.47 minutes ago - China -
CBS News - Top stories
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.5 hours ago -
MarketWatch - Business
Oil prices fall after Iran’s president says country is prepared to ease Middle East tensions
Oil futures ended lower Monday, giving up earlier gains, after Iran’s president told reporters the country was prepared to ease tensions in the Middle East if Israel takes the same actions.5 hours ago -
CNBC - Business
Southwest Airlines tells staff 'difficult decisions' ahead in push to boost profits
Southwest will provide more detail about its plans to raise profits at an investor day on Sept. 26.7 hours ago -
CNBC - Business
You can't always refinance a mortgage to capitalize on lower rates: Here's when a lender may say 'no'
If you're considering a mortgage refinance to take advantage of lower rates, here's how to make sure you qualify.7 hours ago -
MarketWatch - Business
Southwest Airlines has ‘difficult decisions’ ahead as it works to boost profit, COO says in video message
Southwest Airlines’ chief operating officer has told staff there are “difficult decisions” ahead, as the troubled airline seeks to move back to profitability under pressure from activist investor ...8 hours ago -
The Hill - Politics
Fed president expecting smaller cuts after half-point reduction
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, on Monday said that consumers can expect smaller interest rate cuts after last week’s significant half-point reduction. "I was ...8 hours ago - Federal Reserve -
NBC News - Top stories
Southwest Airlines tells staff ‘difficult decisions' ahead in push to boost profits
Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has ...9 hours ago -
BBC News - Top stories
Post Office IT system still causing cash shortfalls
Survey finds some sub-postmasters are using their branch money to plug gaps as the scandal inquiry restarts.10 hours ago -
BBC News - Top stories
Knight admits historical blackface social media post
England women captain Heather Knight admits a charge over a historical social media post when she was pictured in blackface.10 hours ago -
MarketWatch - Business
Investors cheer a soft landing scenario after Fed’s big rate cut. But they’re still keeping their guard up for a downturn.
The Federal Reserve finally gave stock-market investors what they wanted this week by cutting interest rates for the first time since March 2020, making a soft landing for the economy more likely ...12 hours ago -
CNBC - Business
How to find great returns on cash after the Fed cut: Rates won't 'go from awesome to awful overnight,' expert says
Even after the Federal Reserve pushed interest rates lower this week, experts say cash savers should shop around for the best returns.12 hours ago -
MarketWatch - Business
After Fed’s 50-basis-point rate cut, where should I invest $50,000? I’m 38 — and have a high risk tolerance.
The U.S. Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday.13 hours ago -
ABC News - Top stories
World leaders gathering in New York for UN General Assembly. The outlook is gloomy
It's not a great moment in world affairs right now21 hours ago - New York -
CNBC - Business
How to position your investment portfolio for lower rates, according to experts
Money managers suggest it could be time to load up on rate-sensitive assets as the Federal Reserve eases monetary policy.Yesterday -
MarketWatch - Business
Small-cap stocks post longest rally since 2021 after Fed rate cut. What’s next?
Small-cap stocks just saw their longest winning streak in three and a half years, after the Federal Reserve recalibrated its monetary policy with a big interest-rate cut.2 days ago - Federal Reserve -
NBC News - Top stories
Olivia Rodrigo made her ticket prices lower for her show in the Philippines, and fans are thrilled
Olivia Rodrigo is taking her tour to the Philippines for the first time, and her fans in Manila couldn’t be happier with the ticket prices.3 days ago -
MarketWatch - Business
Oil prices log weekly gains after Fed rate cut, rising Middle East tensions
Oil futures booked solid weekly gains, boosted by the Federal Reserve’s large interest-rate cut and a renewed rise in tensions in the Middle East.3 days ago - Federal Reserve -
Financial Times - Business
Lammy accused of diplomatic blunder in Substack blog post
UK foreign secretary suggested Azerbaijan had ‘liberated’ the disputed territory of Nagorno-Karabakh3 days ago -
Financial Times - Business
Did central banks get the inflation crisis right?
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victory3 days ago -
CBS News - Top stories
Should you buy a home after the Fed's big rate cut?
There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.3 days ago -
CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 6% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.3 days ago -
MarketWatch - Business
FedEx’s earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts see a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply3 days ago -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.3 days ago -
Financial Times - World
BoJ holds interest rates and upgrades consumption outlook
Central bank forecasts Japanese economy will keep growing at a pace above its potential growth rate3 days ago -
Financial Times - Business
Mercedes-Benz shares fall after profit warning
German carmaker lowers full-year outlook on weakness in Chinese demand3 days ago -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.3 days ago - China -
Financial Times - World
The Post Office should become humbler and slimmer
State-owned company that prosecuted postmasters needs to cut costs and offer better rewards3 days ago -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.4 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.4 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.4 days ago -
The Wall Street Journal - Business
Mercedes-Benz Cuts Full-Year Outlook
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, specifically in China.4 days ago -
The Wall Street Journal - Business
Mercedes-Benz Cuts Full-Year Outlook
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, specifically in China.4 days ago -
The New York Times - Business
Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and how to shop.4 days ago -
The New York Times - Business
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.4 days ago - Federal Reserve
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Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.3 days ago - China