Why the Fed Opted for the Big Rate Cut
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CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.26 minutes ago -
Financial Times - World
BoJ holds interest rates and upgrades consumption outlook
Central bank forecasts Japanese economy will keep growing at a pace above its potential growth rate56 minutes ago -
CNBC - Business
Why EU tariffs are unlikely to dent Chinese EV makers' European expansion
To make the European market unattractive for Chinese EV exports, tariffs have to be as high as 50%, according to research group Rhodium.59 minutes ago - European Union -
Financial Times - Business
The Big Question: when should workers gain full employment rights?
This week, the FT wants to know your view on Labour’s plan for workplace reforms in the UK1 hour ago -
The New York Times - Business
Now That Rates Are Falling, Let’s Turn to Other Matters
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on financial markets.1 hour ago -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings2 hours ago -
Financial Times - World
Everyone, everywhere is wearing Ami Paris. Why?
Alexandre Mattiussi has built a €300mn brand by making clothes that people actually want2 hours ago -
MarketWatch - Business
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July2 hours ago - China -
Wired - Tech
Big Tech’s New Adversaries in Europe
For the past five years, Big Tech has faced a flurry of new rules and reprimands from Brussels. Now with a new team taking over the European Commission, relations may be entering a new era.2 hours ago -
CNBC - Business
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.2 hours ago - Japan -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.4 hours ago - China -
CNBC - Business
Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.5 hours ago -
Financial Times - Business
BoE policymaker cautions against rushing rate-cutting cycle
5 hours ago -
CBS Sports - Sports
WNBA 2025 Draft Lottery odds: Why the Dallas Wings actually have the best chance at next year's No. 1 pick
Dallas last had the No. 1 pick in 2021, when the team selected Charli Collier5 hours ago -
ABC News - Health
Youth activists plan protests to demand action on climate as big events open in NYC
Activists are gearing up for protests around the world to demand action on climate change just as a pair of major weeklong climate events were getting underway in New York City6 hours ago - Climate -
The Wall Street Journal - World
Why Putin's Attempt to Rewire Global Trade Is Faltering, in Charts and Maps
Moscow redirected oil sales, but forging new routes for other commodities proves difficult amid high costs and U.S. sanctions.6 hours ago -
Financial Times - World
Three big investment questions I’m asking now — and so should you
As the fourth quarter looms, portfolio risk, US equities and China are all that matters6 hours ago -
Financial Times - World
Coffee producers fear being cut off from EU by new land protection law
Drinks company JDE Peets pleads for year’s delay on ban on supplies from deforested areas over lack of guidelines6 hours ago - European Union -
Financial Times - World
Two-year UK mortgage rates fall faster than longer-term deals
Shorter fixed-rate offers move closer to five-year ones as markets price in future Bank of England rate cuts6 hours ago - Mortgage -
Financial Times - Business
Amazon says workers need to be in the office. Most of Silicon Valley disagrees.
Chief executive Andy Jassy brushes off disgruntled staff with tough five-day office mandate6 hours ago -
The Guardian - World
Labour has ‘big hill to climb’ to win next Scottish election, says Ian Murray
Scotland secretary says Labour must show it deserves power in Holyrood by delivering on promises to electorate. Labour faces big challenges to win the next Scottish election because of the “dire” ...6 hours ago -
Yahoo Sports - Sports
Ratings crater for Deion Sanders's Colorado Buffaloes in 2024
Under Hall of Famer Deion Sanders, the Colorado Buffaloes remain a big deal in Boulder.7 hours ago -
CBS Sports - Sports
Eagles' Darius Slay on ex-Saint C.J. Gardner-Johnson facing former team: He's got 'big chip on his shoulder'
Gardner-Johnson is returning to New Orleans for first time since he was traded8 hours ago -
Yahoo Sports - Sports
Connor McDavid, Nathan MacKinnon, Auston Matthews, Leon Draisaitl and Sidney Crosby React to Their NHL 25 Ratings
McDavid questions why no one is rated 99 overall12 hours ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.13 hours ago -
Yahoo Sports - Sports
Connor McDavid is the Highest Rated Player in NHL 25
McDavid headlines the list of top centers, followed by Nathan MacKinnon, Leon Draisaitl and Auston MatthewsYesterday - NHL