Why the Feds Rate Cut Wont Immediately Help Car Buyers Or Sales
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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 -
Why car loan scandal victims may have to wait even longer for payouts
People who were unaware of commission paid when they bought a car on finance may be in line for payouts, but face delays.BBC News - Dec. 9 -
Trump calls for 'immediate ceasefire' in Ukraine
President-elect Trump early Sunday called for an "immediate ceasefire" in the fighting between Ukraine and Russia following the fall of the Assad government in Syria and after a meeting in Paris ...The Hill - Dec. 8 -
Trump calls for ‘immediate ceasefire’ in Ukraine after meeting Zelenskyy
US president-elect claims Kyiv ‘would like to make a deal’ to end war with Russia and cites loss of ‘400,000 soldiers’. Donald Trump has called for an immediate ceasefire in Ukraine, a day after ...The Guardian - Dec. 8 -
Trump calls for "immediate ceasefire" in Ukraine after Zelenskyy meeting
President-elect Donald Trump called on Sunday for an immediate ceasefire in Ukraine, saying that Ukraine and its president "would like to make a deal and stop the madness."CBS News - Dec. 8 -
Trump calls for 'immediate ceasefire' in Ukraine after meeting Zelenskyy in Paris
U.S. President-elect Donald Trump on Sunday called for an immediate ceasefire in Ukraine, shortly after a meeting in Paris with French and Ukrainian leadersABC News - 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 -
'Why I spent £85k of my own money to help fix Britain's housing crisis'
Dr Jess Steele put her money into a project providing affordable homes to people in her community.BBC News - Dec. 8 -
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 top internet sleuths say they won't help find the UnitedHealthcare CEO killer
A high-profile violent crime typically sets social media abuzz with tips and theories from amateur internet sleuths, hunting for the alleged perpetrator.NBC News - 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 -
Why you should open a long-term CD before the December Fed meeting
The final Federal Reserve meeting of 2024 is set for December 17. Here's why you should open a long-term CD before then.CBS News - 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 -
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 -
Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon has been in a bit of a rough spot after the departure of its longtime Chief Product Officer Sun Choe.CNBC - Dec. 6 -
When consumers should buy electric cars
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins ...CBS News - Dec. 5 -
HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.CBS News - Dec. 5 -
Bosch subsidiary plans to cut up to 400 jobs as car industry sputters
Yahoo News - 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 -
Marc Andreessen helps to recruit staff for Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government EfficiencyFinancial Times - Dec. 5 -
Jeff Bezos says he is 'optimistic' about a new Trump term and can help with cutting regulations
Amazon founder Jeff Bezos says he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming yearsABC News - Dec. 4 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
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 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Why Foot Locker’s stock is sliding despite upbeat Thanksgiving-week sales
The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.MarketWatch - Dec. 4 -
Car sales jump to 3 1/2-year high. Big incentives for buyers are back.
Sales of new cars and trucks rose in November to the highest level in three-and-a-half years, helped by bigger incentives for car buyers as dealers sought to clear out excess inventories.MarketWatch - 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 -
Killer driver sped with feet out of car window
Several videos were found on Caleb Marsden-Marr's phone of him driving recklessly.BBC News - 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 -
German embassy in Seoul says no immediate danger for foreigners
Yahoo News - Dec. 3 -
South Korean parliament votes to defy the country's president and immediately lift his martial law declaration
South Korean parliament votes to defy the country's president and immediately lift his martial law declarationABC News - Dec. 3 -
Bitcoin buyer sues council over £600m 'lost in tip'
James Howells believes the hard drive is now worth about £600m since the recent Bitcoin surge.BBC News - Dec. 3 -
Why Europe's Vaunted Car Industry Is in Crisis
Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.The Wall Street Journal - 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 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - Dec. 2
