Sterling Hits Highest Level Since March 2022 As Boe Holds Rates
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MarketWatch - Business
Treasury yields end at highest levels in up to 2 weeks after jobless claims, Philadelphia Fed’s factory gauge
Two-, 10- and 30-year Treasury yields finished higher for a third straight session on Thursday after fresh U.S. economic data indicated that the labor market and factory sector were continuing to ...27 minutes ago -
ABC News - Top stories
Average rate on a 30-year mortgage falls to 6.09%, lowest level since February 2023
The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week and is now at its lowest level since early February 20233 hours ago -
MarketWatch - Business
Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
The 30-year mortgage rate is averaging 6.09%, Freddie Mac said in its latest weekly survey on Thursday.4 hours ago - Mortgage -
MarketWatch - Business
When the interest-rate cut will hit your mortgage, car loan, credit-card bills and savings accounts
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a while5 hours ago -
CBS News - Top stories
Stocks surge a day after Federal Reserve's first rate cut since 2020
Investors buoyed by Fed's outsized rate cut and data showing the U.S. economy remains on solid ground.5 hours ago -
BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.5 hours ago -
MarketWatch - Business
Jobless claims fall to lowest level since May
The number of Americans who applied for unemployment benefits last week fell to the lowest level since mid-May.5 hours ago -
The Hill - Politics
Harris hits 50 percent favorability rating in poll
Vice President Harris's favorability numbers have increased since she became the Democratic presidential nominee, with half of Americans now viewing her favorably, according to a poll released ...5 hours ago - Kamala Harris -
CNBC - Business
Bank of England presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.6 hours ago -
MarketWatch - Business
Home sales fall to lowest level since October 2023
Existing-home sales fell to a rate of 3.86 million in August, the National Association of Realtors said.6 hours ago -
MarketWatch - Business
Stocks need to hold any gains after the Fed rate cut or the S&P 500 is at risk
Market giving mixed signals; new trading positions include Airbnb.6 hours ago - Federal Reserve -
Financial Times - Business
Bank of England holds rates at 5%
MPC indicates it may lower borrowing costs again as soon as November7 hours ago -
ABC News - World
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago7 hours ago - Federal Reserve -
ABC News - World
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut8 hours ago - Federal Reserve -
The New York Times - Business
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.8 hours ago -
MarketWatch - Business
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
Mortgage applications rose 14.2% in the last week, the Mortgage Bankers Association said.10 hours ago - Mortgage -
The Wall Street Journal - World
Norges Bank Holds Key Rate, First Cut Seen at Beginning of 2025
Norway’s central bank held its key policy rate at 4.5%, a level that is expected to remain unchanged until the end of the year as a weak krone continues to threaten efforts to bring inflation down.11 hours ago -
CBS News - Top stories
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial ...20 hours ago - Federal Reserve -
The Hill - Politics
Watch live: Trump holds first rally since second apparent assassination attempt
Former President Trump will greet supporters at Long Island's Nassau Veterans Memorial Coliseum for what's being considered his first full campaign rally since Saturday's apparent thwarted ...22 hours ago - Donald Trump -
CBS News - Top stories
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.22 hours ago - Federal Reserve -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...23 hours ago - Federal Reserve -
ABC News - World
Haiti creates provisional electoral council as country prepares to hold elections for the first time since 2016
Haiti creates provisional electoral council as country prepares to hold elections for the first time since 2016Yesterday -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
ABC News - Top stories
Federal Reserve cuts interest rates for 1st time since 2020
"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.Yesterday - Federal Reserve -
NBC News - Top stories
Weekly mortgage demand surges 14% as interest rates hit two-year low
Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing.Yesterday - Mortgage -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.Yesterday -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.Yesterday - Mortgage -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
Financial Times - Business
Exploding pagers join long history of killer communications devices
Israel, blamed by Hizbollah for Tuesday’s attack, has long used telephones and their successors to track and kill enemiesYesterday -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positiveYesterday -
CBS Sports - Sports
Giants sign former Vikings' kicker who hit 61-yard game-winner against them in 2022
New York missed an extra point and had two failed two-point conversions after Gano left gameYesterday - NFL -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown2 days ago -
The Hill - Politics
Trump to hold first campaign event since new assassination threat
Former President Trump will return to the campaign trail on Tuesday for the first time since the Secret Service engaged an alleged would-be-assassin along the perimeter of his Florida golf club ...2 days ago - Donald Trump -
NBC News - Top stories
Trump and Harris had 'cordial' call following apparent assassination attempt
Trump to hold first public event since apparent assassination attempt2 days ago - Donald Trump