The Fed Is Finally Cutting Rates But Banks Arent in the Clear Just Yet
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The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
The final hours of the Assad regime
Syria's President Bashar al-Assad fled the country, ending 50 years of rule by his familyBBC News - Dec. 9 -
Loss to Forest makes scale of Manchester United rebuild clear to Ruben Amorim
Following back-to-back defeats, it shows that the task at hand for Manchester United head coach Ruben Amorim will continue to be a hard one.ESPN - Dec. 8 -
Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns
Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidencyFinancial Times - Dec. 8 -
Sidney Crosby Ties Gordie Howe On Yet Another NHL Record List
Penguins captain continues to make NHL history with his latest accoladeYahoo Sports - Dec. 8 -
European football: Bayern go six clear in Germany, Real close on Barcelona
Jamal Musiala scores twice in 4-2 win over Heidenheim Betis level late to draw 2-2 with Barça; Real Madrid beat Girona 3-0 Two second-half goals from the substitute Jamal Musiala put Bayern ...The Guardian - Dec. 7 -
Storm Darragh havoc not over yet as strong winds continue across UK
Thousands are left without power as flood warnings are issued in the wake of fierce winds and rain. James Woodbine was woken up by Storm Darragh at 5am, roughly the time the power cut began. His ...The Guardian - Dec. 7 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
A's clear last big hurdles for $1.75B Vegas stadium
The Las Vegas Stadium Authority approved lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a $1.75 billion stadium.ESPN - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
It will take years to clear medical evacuation backlog in Gaza, says WHO
UN body says only 78 of 12,000 patients requiring recent evacuation have been allowed to leave by Israeli military. The pace of medical evacuations of sick and wounded Palestinians out of Gaza, ...The Guardian - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - Dec. 6 -
NASA's Artemis moon mission delayed yet again
NASA's next two Artemis moon missions have been pushed back once again, with the first lunar landing in more than a half-century not scheduled to take place until at least mid-2027. NASA said the ...CBS News - Dec. 5 -
The A's clear the last major hurdle for a $1.75 billion Las Vegas stadium
The Las Vegas Stadium Authority approved the lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a stadium on the Strip and bring ...ABC News - Dec. 5 -
Republican senator says she's not yet behind Hegseth as defense secretary
After meeting with Pete Hegseth, President-elect Trump's pick for defense secretary, Republican Sen. Joni Ernst said she's not yet ready to support him. But Hegseth says he's optimistic and will ...NBC News - Dec. 5 -
Memphis Says It Will Not Yet Agree to Federal Oversight of Police Department
The city’s mayor reiterated his reluctance to enter a consent decree after the Justice Department found a pattern of discrimination and excessive force by its officers.The New York Times - Dec. 5 -
Missing: a clear direction for Starmer
Labour’s obsession with winning the next election is distorting governmentFinancial Times - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
With 4 Words, Google’s CEO Just Fired the Company’s Biggest Shot Yet at Microsoft Over AI
Sundar Pichai says Google’s AI models are competitive, but it’s the product that is the problem.Inc. - Dec. 5 -
Peak US-phoria? Not yet
And Trump’s cheap energy dreamFinancial Times - Dec. 5 -
Is the Biden-era blockade on US bank M&A finally over?
Investors and advisers prepare for consolidation among country’s thousands of regional lendersFinancial Times - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
No motive yet in UnitedHealthcare CEO Brian Thompson's shooting death
More details are emerging about the suspect in the shooting death of UnitedHealthcare CEO Brian Thompson, but a motive is not yet clear. CBS News legal analyst Rikki Klieman provides more analysis ...CBS News - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
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 concludesFinancial Times - Dec. 4 -
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 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
Kenyan banks risk collapse over proposed law
Yahoo News - Dec. 3 -
Elden Ring 2 Is Not Happening, At Least Not Yet
From Software is not currently considering Elden Ring 2, according to studio boss Hidetaka Miyazaki. He confirmed this during a speech following a recent awards ceremony where the game's Shadow of ...GameSpot - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - 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
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 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2
