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Philadelphia Fed President Harker advocates for interest rate cut in September
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Tag: | Federal Reserve |
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CNBC - Business
Interest payments on the national debt top $1 trillion as deficit swells
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.7 minutes ago -
MarketWatch - Business
Gold marks fresh record high as inflation data ‘set the stage’ for Fed rate cut
Gold prices climbed to a fresh record high on Thursday, with inflation data this week providing support even as some analysts believe bets for a Federal Reserve interest-rate cut next week have ...1 hour ago - Federal Reserve -
The Wall Street Journal - World
Comex Gold, Silver Settle Higher
Gold settled up 1.6% at a new record high, and silver rose 4.1%, up for a second consecutive session.1 hour ago -
MarketWatch - Business
Fed interest-rate cuts could spell more weakness for the dollar, Pimco says
The U.S. dollar tends to decline — then bounce back — when the Federal Reserve gets ready to start cutting interest rates.1 hour ago - Federal Reserve -
ABC News - World
US sanctions 16 allies of Venezuela's president over accusations of obstructing the election
The U.S. government has responded to Venezuela’s disputed July presidential election by imposing sanctions against 16 allies of President Nicolás Maduro1 hour ago -
MarketWatch - Business
Mortgage rates are falling ahead of the Fed’s planned rate cut. How borrowers can capitalize.
The 30-year mortgage rate is averaging at 6.2% Freddie Mac said in its latest weekly survey on Thursday.2 hours ago - Mortgage -
The Guardian - World
ECB cuts interest rate to 3.5% and warns of weak eurozone growth
European Central Bank makes 0.25-point cut as expected after eurozone inflation fell to 2.2% in August. The European Central Bank has lowered interest rates for the second time this year, as it ...3 hours ago -
Financial Times - World
Peru’s former president Fujimori dies aged 86
Authoritarian leader later convicted of human rights abuses revived economy and crushed Shining Path rebels4 hours ago -
The Wall Street Journal - World
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.4 hours ago -
CBS News - Top stories
Will homebuyer competition rise when mortgage interest rates are cut?
As mortgage rates drop, buyers may need to come to terms with how it could impact the competition they face.4 hours ago - Mortgage
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CNBC - Business
Here's the deflation breakdown for August 2024 — in one chart
Consumer prices are falling in pockets of the U.S. economy, in categories such as cars, household furniture and certain groceries.1 hour ago -
CNBC - Business
Three key questions that will shape whether Coach and Michael Kors owners will merge
Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust challenge of their planned merger.1 hour ago -
CNBC - Business
Interest payments on the national debt top $1 trillion as deficit swells
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.7 minutes ago -
CNBC - Business
Microsoft hires former GE CFO Carolina Dybeck Happe as new operating chief
Carolina Dybeck Happe is joining Microsoft's top leadership ranks after helping GE to bring its aviation and energy businesses public.1 hour ago - Microsoft -
CNBC - Business
Ajit Jain, Buffett's insurance leader for nearly 40 years, dumps more than half of Berkshire stake
The 73-year-old vice chairman of insurance operations sold 200 Berkshire Class A shares on Monday for roughly $139 million.26 minutes ago