South Koreas Central Bank Cuts Rates by 25 Basis Points
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World - ABC News
South Korea's central bank cuts rates in a bid to boost the economy
South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt27 minutes ago - South Korea -
Business - CNBC
Bank of Korea cuts interest rates after holding for almost two years
The BOK cut its benchmark interest rate from 3.5% to 3.25% after a “clear trend of stabilization” with inflation.58 minutes ago -
World - The Wall Street Journal
Battle Brews Over Site Tied to Postwar Sex Trade Near U.S. Bases in South Korea
South Korean women who worked at brothels for U.S. soldiers are fighting to block the razing of a site where many were forcibly treated for venereal diseases.3 hours ago -
World - The Wall Street Journal
Israeli Airstrikes Hit Sites in Central Beirut
The attacks appear to be the largest in central Beirut since Israel intensified its offensive against Hezbollah in Lebanon.3 hours ago - Israel -
Top stories - CBS News
Inflation rate hits lowest point in 3 years
Consumer prices are gradually cooling off in the U.S., according to the latest Labor Department numbers. The annual inflation rate hit 2.4% in September, the lowest point since February 2021. CBS ...4 hours ago - Inflation -
World - Yahoo News
How South Korea's 'real-life mermaids' made Malala want to learn to swim
5 hours ago -
Top stories - BBC News
How South Korea's 'real-life mermaids' made Malala want to learn to swim
The activist is producing a film about South Korea's real-life mermaids, the haenyeo.5 hours ago -
Sports - ESPN
Deschamps: No Madrid influence on Mbappé cut
France coach Didier Deschamps and midfielder Aurélien Tchouaméni have both denied that Real Madrid put any pressure on Kylian Mbappé not to join up with his country for this international break.7 hours ago -
Sports - ESPN
Football Manager release delayed until March '25
The release of the Football Manager computer game has been delayed until March 2025, its creators confirmed on Thursday.7 hours ago -
Business - CNBC
10-year Treasury yield tops 4.10% as Fed's Bostic says he's OK with pausing rate cuts
The yield on the 10-year Treasury note rose as investors studied fresh inflation and data, and commentary from Atlanta Federal Reserve President Raphael Bostic.8 hours ago -
Business - CNBC
The Fed is finally cutting rates, but banks aren't in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.9 hours ago - Federal Reserve -
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. ...10 hours ago -
Sports - ESPN
Bold predictions for the 2024-25 NBA season
Our fantasy basketball experts talk about their boldest predictions for NBA season.10 hours ago - NBA -
Politics - The Hill
Trump leads Harris by 6 points in Ohio
Former President Trump has a 6-point lead over Vice President Harris in the state of Ohio, a new Washington Post poll finds. Trump won the Buckeye State by a similar margin in 2020, defeating ...11 hours ago - Donald Trump -
Business - Financial Times
ECB will need to step up rate cuts if outlook darkens, chief economist said
Gloomy economic data concerned Philip Lane and other policymakers, minutes of September meeting reveal13 hours ago -
Business - Inc.
Inflation Drops to Lowest Point Since February 2021
The steady decline shown in September data from the Labor Department supports a positive economic outlook after a shaky stretch.13 hours ago -
Politics - The Hill
Trump leads Harris by 4 points in Florida: Survey
Former President Trump is leading Vice President Harris by a narrow 4 points in Florida, according to a new survey of likely voters in the state. The Marist poll, released Thursday, shows Trump ...14 hours ago - Donald Trump -
Business - MarketWatch
The Fed’s cutting rates. Here are three yield curve scenarios, and what they’d mean for the stock market
Tan Kai Xian, an analyst at financial research service Gavekal, says there are three scenarios for the yield curve, and for each he gives the implication for the U.S. stock market.15 hours ago -
Top stories - BBC News
South Korea's Han Kang wins Nobel Literature Prize
Han Kang is the first South Korean winner and only the 18th woman to win the Nobel literature prize.16 hours ago - South Korea -
World - The Guardian
South Korea’s Han Kang wins 2024 Nobel prize in literature – follow live
Author, known for her acclaimed work The Vegetarian, honoured for her ‘intense prose that confronts historical traumas’. Last year, Norwegian writer Jon Fosse won the Nobel, having long been tipped ...17 hours ago -
Politics - The Hill
North Korea wades into Ukraine
North Korea has entered the Ukraine war by providing artillery ammunition and military technology to Russia, and is now deploying soldiers to the Donetsk Oblast to assist in rebuilding ...17 hours ago - Ukraine -
World - Yahoo News
South Korea: import sales rise 10% in September
19 hours ago - South Korea -
Top stories - NBC News
Central Beirut rocked by Israeli strikes; dozens reported killed at Gaza school
U.S. urges Israel to address 'catastrophic conditions' in Gaza20 hours ago - Israel -
World - The New York Times
Latest WWF Wildlife Survey Points to ‘Alarming’ Declines
The results from an important ongoing assessment look grim. But the survey is often misunderstood.Yesterday -
Business - CNBC
Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.Yesterday - Federal Reserve -
Top stories - CBS News
Hurricane Milton hours away from hitting central Florida
Hurricane Milton is barreling across the Gulf of Mexico and is set to hit central Florida in just a few hours. CBS News' Jonathan Vigliotti, David Yeomans and Scott MacFarlane have the latest on ...Yesterday - Florida -
Politics - The Hill
Mortgage applications drop 5.1 percent as rates rise despite Fed cuts
Mortgage applications dipped earlier this month as rates have been on the rise following a strong September jobs report. Recent data from the Mortgage Bankers Association’s (MBA) Weekly ...Yesterday - Federal Reserve -
Business - The New York Times
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.Yesterday - Federal Reserve -
Business - Financial Times
Fed officials were divided over big rate cut in September
Minutes from meeting showed some dispute about how quickly to reduce borrowing costsYesterday - Federal Reserve -
Business - Inc.
Fed Minutes Could Offer a Peek at Rate Cut Debate
Insight into the central bank’s decision to cut the prime interest rate may signal its plans for future reductions.Yesterday - Federal Reserve -
Politics - The Hill
Trump edges Harris by 2 points in Pennsylvania survey
Former President Trump edged out his general election opponent, Vice President Harris, by 2 points in a new Pennsylvania survey. Trump had a 2-point advantage, 49 percent support to 47 percent, ...Yesterday - Donald Trump -
Top stories - CBS News
How much does a $90,000 HELOC cost per month now that rates are cut?
Payments on a $90,000 HELOC are currently affordable and they could become cheaper soon. Here's what to know now.Yesterday -
Top stories - CBS News
How to earn big CD returns as interest rates are cut
A single interest rate cut hasn't dramatically affected CD accounts. Here's how you can still earn a big return now.Yesterday -
Top stories - CBS News
What will happen to home prices as interest rates are cut?
Experts predict home prices will rise as interest rates are cut, but two other outcomes could unfold.Yesterday