Turkey cuts rates for first time in 22 months with jumbo reduction

Central bank slashes borrowing costs by 250bp as consumer demand slows

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Turkey's central bank lowers key interest rate to 47.5%

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in nearly two years as it tries to control soaring inflation
ABC News - 15h
NFL to Stream Christmas Day Games on Netflix for the First Time

“NFL Christmas Gameday on Netflix” starts Christmas morning.
Inc. - 1d
Mortgage rates jump, finish the year at a five-month high

The 30-year mortgage rate is averaging at 6.85%, Freddie Mac said in its latest weekly survey on Thursday.
MarketWatch - 15h
Virginia Democrats see next month's special elections as first major test of 2025

Democrats are gearing up for two northern Virginia-area special elections in the state Senate and House of Delegates next month that could set the tone for what is expected to be a consequential ...
The Hill - 2d
NFL continues ratings domination with big Saturday showing, CFP first round delivers strong numbers

The CFP's four opening-round games went head-to-head with a pair of NFL games on Saturday.
Yahoo Sports - 2d
The coming global interest-rate collapse will force the Fed to cut four times in 2025

Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.
MarketWatch - 2d
Sticky inflation creates rift at Fed over how much to cut rates

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.
MarketWatch - 2d
St. Peter's Basilica restoration reveals centuries-old details for the first time

Chris Livesay visited St. Peter's Basilica at the Vatican to see the newly restored historical features. These features are now fully visible for the first time in generations as part of major ...
CBS News - 2d
‘Waste of time’: how Starmer fumbled his first months of power

Plunging poll ratings have sapped morale as UK Labour government crawls towards Christmas break
Financial Times - 3d