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Schwab leads list of banks expected to profit most in 2025 from Fed’s rate cuts
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Business - MarketWatch
September surprise? U.S. jobs report holds key to Fed rate cuts.
The U.S. jobs report has overtaken inflation as the chief worry of the Federal Reserve as it plots how fast to cut interest rates.3 hours ago - Federal Reserve -
Top stories - BBC News
Interest rate cuts could be more aggressive, Bank of England governor says
Governor Andrew Bailey hints that borrowing costs could come down faster if inflation stays in line.Yesterday -
Business - MarketWatch
Mortgage rates rise amid geopolitical tensions and uncertainty over future Fed cuts
The 30-year mortgage rate is averaging 6.12%, Freddie Mac said in its latest weekly survey on Thursday.23 hours ago - Mortgage -
Top stories - CBS News
New jobs report stronger than expected, signaling more potential interest rate cuts this year
The second-to-last jobs report before Election Day was just released and it shows stronger than expected numbers that could signal more federal interest rate cuts. CBS News contributor Javier David ...47 minutes ago -
Business - MarketWatch
Pound slides as Bank of England chief says it could be ‘more aggressive’ in cutting rates
The pound fell sharply Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if inflation remained benign.Yesterday -
World - The Guardian
Wall Street rallies after US beats forecasts with 254,000 new jobs in September – business live
Rolling coverage of the latest economic and financial news. US adds over 250,000 jobs in September, defying fears of slowdown The pound jumped as traders reacted to Huw Pill’s call for a ...35 minutes ago -
World - The Guardian
Pound on track for biggest fall in 18 months after Bank of England governor hints at ‘more activist’ rate cuts – business live
Andrew Bailey tells the Guardian the Bank could become a “bit more aggressive” in cutting interest rates if news on inflation continued to be good. Full story: Sterling slips after Bank of ...Yesterday
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Business - MarketWatch
Oil prices set for big weekly gain as traders await Israel’s response to Iranian missile attack
Oil futures headed higher on Friday, with Brent prices on track to post a gain of more than 9% for the week, as tensions in the oil-rich Middle East continue to flare in the wake of Iran’s missile ...35 minutes ago - Israel -
Business - MarketWatch
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. ...53 minutes ago -
Business - MarketWatch
Rivian’s stock sinks as parts supply shortage leads to big deliveries miss
Rivian’s stock took a dive Friday, after the electric vehicle maker said it was experiencing a supply shortage, prompting a cut to its full-year production guidance.56 minutes ago -
Business - MarketWatch
‘I’m scared to death’: My wife asked for a divorce after 21 years. She wants to buy a house with our savings, but promises to help pay my mortgage.
“There is more than enough money in the savings to completely pay off the current mortgage.”1 hour ago -
Business - MarketWatch
Applebee’s parent’s stock slides 5% after Truist downgrades on worry about slowing sales
‘Potentially severe Applebee’s same-store sales underperformance vs. peers (based on Truist Card Data) shakes our confidence that improving same-store sales will be a near-term catalyst for the ...1 hour ago