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Swiss Interest Rate Cut More Than Expected

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  • GM takes more than $5bn charge against China businesses

    Move lays bare declining future in what was once the US carmaker’s largest market
    Financial Times - Dec. 4
  • Google DeepMind predicts weather more accurately than leading system

    Google DeepMind predicts weather more accurately than leading system

    AI program GenCast performed better than ENS forecast at predicting day-to-day weather and paths of hurricanes and cyclones. For those who keep an eye on the elements, the outlook is bright: ...
    The Guardian - Dec. 4
  • Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month

    Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month

    Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.
    NBC News - Dec. 4

  • Private payrolls grew by 146,000 in November, less than expected, ADP says

    Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.
    CNBC - Dec. 4
  • Interest rates forecast to be higher for longer due to Budget

    Interest rates forecast to be higher for longer due to Budget

    Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.
    BBC News - Dec. 4
  • GM expects more than $5 billion impact from China restructuring

    GM expects more than $5 billion impact from China restructuring

    General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.
    NBC News - Dec. 4

  • Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month

    Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.
    CNBC - Dec. 4
  • JetBlue Reports More Post-Election Travel Than Expected

    JetBlue Reports More Post-Election Travel Than Expected

    JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.
    The Wall Street Journal - Dec. 4
  • BoE governor expects four UK rate cuts next year as inflation eases

    BoE governor expects four UK rate cuts next year as inflation eases

    Andrew Bailey welcomes better than expected fall in price growth in FT interview
    Financial Times - Dec. 4
  • Central banks should tread cautiously with rate cuts, says OECD

    Central banks should tread cautiously with rate cuts, says OECD

    Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludes
    Financial Times - Dec. 4

  • Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation

    Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.
    CNBC - Dec. 4

  • What drives home equity loan interest rates?

    Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.
    CBS News - Dec. 3
  • Gamers May Spend More Time Watching Games Than Playing Them

    Gamers May Spend More Time Watching Games Than Playing Them

    Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...
    GameSpot - Dec. 3
  • Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It

    Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It

    In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.
    Inc. - Dec. 3

  • Alberta Clipper expected to bring more winter weather as Great Lakes region digs out from storm

    An Alberta Clipper system is forecasted to bring snow and cold weather to the Midwest and Northeast this week as folks in states surrounding the Great Lakes continue to clean up from last weekend's ...
    CBS News - Dec. 3

  • What's the home equity loan interest rate forecast for December 2024?

    Will December be a good time to borrow from your home equity? Here's where rates could head this month.
    CBS News - Dec. 3
  • AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns

    AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns

    AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services
    ABC News - Dec. 3

  • What's the mortgage interest rate forecast for December 2024?

    If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.
    CBS News - Dec. 3
  • Spanish masterpiece resurfaces after being hidden for more than a century

    Spanish masterpiece resurfaces after being hidden for more than a century

    Joaquín Sorolla’s Paris Boulevard was sold to a private collector in 1890 and disappeared from public view. A painting by Joaquín Sorolla , the Spanish artist renowned for his mastery of light , ...
    The Guardian - Dec. 3

  • Restoring Nomura’s credibility will take more than pay cuts

    Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequences
    Financial Times - Dec. 3

  • ServiceTitan’s planned IPO could come with a more than $5 billion valuation

    The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.
    MarketWatch - Dec. 3

  • Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

    Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."
    CNBC - Dec. 2

  • Fed’s Waller says he supports interest-rate cut at next meeting — for now

    Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.
    MarketWatch - Dec. 2
  • Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

    Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

    Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.
    NBC News - Dec. 2
  • Saudi Arabia makes more than 900 sponsor deals in 2034 World Cup plan

    Saudi Arabia makes more than 900 sponsor deals in 2034 World Cup plan

    Kingdom set to be awarded tournament in December Agreements also made with many football federations Saudi Arabia has struck more than 900 sponsorship deals across the sporting landscape and ...
    The Guardian - Dec. 2

  • Will credit card interest rates fall this December?

    Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.
    CBS News - Dec. 2

  • Baking Show’s ‘Jack Sparrow’ Is More Artist Than Pirate

    Dylan Bachelet lost in the finals of “The Great British Baking Show,” but he was a breakout star for his fashion as well as his baking. Now, he’s a professional chef.
    The New York Times - Dec. 2
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