Latest in As Fed rate cuts continue, here’s where to find CDs that are actually increasing their yields
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How Fed Rates Influence Credit Cards, Loans, Savings and More
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.Business - The New York Times - 15 hours ago -
U.K. government bond yields hit 2024 highs as traders balk at increased debt sales
Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.Business - MarketWatch - October 31 -
Feds sweep NYC jail where Sean "Diddy" Combs is being held
The NYC jail where Sean "Diddy" Combs is being held was targeted with an interagency operation, federal prison officials said.Top stories - CBS News - October 28 -
American interest in moving abroad skyrockets after Trump's win — here's how many would actually leave
Google Trends showed searches related to "leaving the country" and "how to move to …" spiked following the news that Donald Trump is returning to the White House.Business - CNBC - 4 hours ago -
Here's how interest rates impact gold prices
When interest rates drop, gold prices often rise — but there are also other factors at play.Top stories - CBS News - October 21 -
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 -
US economy continues to grow at robust rate days before presidential election
GDP rose by 2.8% in the third quarter, short of economists’ expectations of 3.1%, and driven primarily by consumer spending. The pace of US economic growth slowed over the summer but continued its ...World - The Guardian - October 30 -
Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed
Ex-manager reported to receive more than £2m a year Sir Jim Ratcliffe’s Ineos has cut 250 staff from payroll The latest victim of the Ineos-led economy drive at Manchester United is none other ...World - The Guardian - October 15 -
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Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.Business - The Wall Street Journal - 2 days ago -
Here’s where the jobs are for October 2024 – in one chart
The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy.Business - CNBC - 6 days ago -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
Moving in with someone cuts chances of being depressed, finds study
Being married or in ‘marriage-like’ situation may bring health benefits – but quality of relationship is key, say experts. They were portrayed as self-satisfied and insufferable by Bridget Jones’s ...World - The Guardian - 3 days ago -
Stocks are expensive, but their rally can continue for at least another year. Here’s why.
Stocks’ stellar run over the past 18 months has given investors plenty of reasons to celebrate. But it has also saddled them with some of the most expensive valuations in recent memory.Business - MarketWatch - October 29 -
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 monthWorld - Financial Times - October 15 -
Surprise fall in inflation to 1.7% paves way for interest rate cuts
September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.Top stories - BBC News - October 16 -
US economic growth is strong — so why cut rates?
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefitWorld - Financial Times - October 17 -
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.Business - The New York Times - October 17