A key inflation measure drops to 2.1%. Here's the interest rate impact.

Here are the key factors cited for the Menendez brothers' resentencing

Los Angeles DA George Gascón announced that the Menendez brothers will be eligible for resentencing after nearly 30 years in prison. NBC News' Laura Jarrett reports that Gascón cites the alleged ...

How back-to-back hurricanes could impact insurance rates across the U.S.

As Florida residents recover from hurricanes Milton and Helene, experts say the damage will likely worsen the home insurance crisis in the state and could lead to higher rates nationwide. CBS News ...

Rising food inflation clouds the good news on headline rates

Let them eat CPI

World - Financial Times - October 18

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

World - Financial Times - October 15

When will home equity loan interest rates fall again?

Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.

Yen resumes decline on doubts over Japan interest rate rises

Currency sinks below ¥150 against US dollar for first time since August surge

World - Financial Times - October 19

China cuts interest rates in battle to hit year-end growth target

Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth

World - Financial Times - October 21

How far will credit card interest rates fall in November?

There may be another Fed rate cut on the horizon in November. Here's how it could impact credit card rates.

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

Business - The New York Times - 6 days ago

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Mortgage demand stalls as interest rates surge higher ahead of election

Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.

Business - CNBC - Yesterday

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

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

This bank account is paying 5.25% right now as interest rates surge

Big rises in yields in recent weeks are good for savers.

Business - MarketWatch - Yesterday

New U.S. economy data before next Fed interest rate decision

The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.

Weight-loss drugs could be key in lowering US obesity rates – experts

Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...

World - The Guardian - October 18

The economy grew 2.8% last quarter. Here's how that impacts you

The government released its latest GDP number, which is a measure of the change in the economy's size. The report shows it grew at an annual rate of 2.8% in the third quarter of the year. CBS News ...

Missouri sports betting ballot measure highlights national debate about tax rates

Missouri voters are considering whether to make the state the 40th jurisdiction to legalize sports betting

Sports - ABC News - 4 days ago

Here's where inflation stands in the cities that could decide the election

Inflation has returned to normal but varies widely in major swing-state cities.

Here’s Why Economists Say Trump’s Economic Plans Would Worsen Inflation

Tariffs, the GOP hopeful’s go-to economic policy plank, would raise average household costs by $2,600 a year, and experts say Trump’s other plans would do more harm than good.

Business - Inc. - October 15

Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly

The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.

Business - MarketWatch - October 16

Here's why inflation may look like it's easing but is still a huge problem

By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.

Business - CNBC - October 19

Inflation is down — but the middle class is still feeling financial pressure. Here's why

Economists say there's a strong role for policy in affecting the prices of essential goods for American families.

Business - CNBC - 2 days ago

Why inflation in one battleground state could sway the election

With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.

How much does a $250,000 HELOC cost now that rates are dropping?

Thinking about borrowing $250,000 from your home's equity? Here's what your HELOC payments could look like now.

Beaten-up Nextracker provides investors a reason to believe. But timing is key here

Shares of Nextracker jumped 22% on the back of stronger-than-expected results and an increase to its project backlog.

Business - CNBC - 10 hours ago

Is a fixed-rate HELOC worth it now? Here's what some experts think.

Fixed-rate HELOCs are a good option for many homeowners — but consider the current rate environment beforehand.

CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena

Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...

Business - MarketWatch - October 17

Latest in A key inflation measure drops to 2.1%. Here's the interest rate impact.