Latest in Asia Pacific markets mixed after Powell signals smaller rate cuts; China markets closed for holiday
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5 dead, hundreds injured after car drives into German Christmas market
Five people are dead and more than 200 injured after a car drove into a crowded Christmas market near Berlin, Germany. Investigators are looking into the past of the Saudi Arabian doctor who they ...CBS News - 1h -
Concerns grow in the US after attack on German Christmas market
Evy Poumpouras, a former Secret Service agent and current NBC News law enforcement analyst, joins TODAY to talk about rising concerns for safety in the U.S. after a vehicle plowed into a crowd at a ...NBC News - 3h -
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Russian central bank surprises markets by holding key rate at 21%
Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.CNBC - 1d -
China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
China's one-year loan prime rate remained unchanged at 3.1%, with the five-year LPR at 3.6%.CNBC - 1d -
Why stock-market volatility spike signals Wednesday’s rout could be a buying opportunity
Wednesday’s steep selloff in the stock market triggered a sudden spike in Wall Street’s “fear gauge,” posing a buying opportunity for investors and may spark a strong year-end stretch for stocks, ...MarketWatch - 1d -
Oil prices settle at lowest in over a week after Fed rattles markets
Oil futures declined on Thursday, pulling prices for U.S. and global crude benchmarks to their lowest settlement in over a week, a day after the Federal Reserve signaled it would go much slower in ...MarketWatch - 1d -
10-year Treasury yield hovers above 4.5% after Fed signals slower rate cutting cycle
The 10-year U.S. Treasury yield climbed on Thursday after the Federal Reserve signaled fewer rate cuts could be on the horizon next year.CNBC - 1d -
What it means after the Fed cut interest rates again
The Federal Reserve said it is lowering rates by a quarter of a percentage point on Wednesday, marking a full percentage point drop since September. CBS News business analyst Jill Schlesinger ...CBS News - 2d -
Fed Chair Powell Just Gave the Bull Market a Gut Check
The central bank cut rates while warning investors that inflation and monetary policy will stay higher for longer than anticipated.Inc. - 2d -
Bank of England holds rates but vote split surprises markets
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.CNBC - 2d -
Stocks slide as US central bank signals slower pace of rate cuts
The Federal Reserve warned it would be cautious about more interest cuts in the face of inflation concerns.BBC News - 2d -
Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.CBS News - 2d -
Dow plunges after Powell's comments on rate cuts
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock ...CBS News - 2d -
Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year
The DOW dropped more than a thousand points despite a cut in interest rates today. Markets reacted to Fed Chair Jerome Powell indicating a slower pace of cuts than previously expected next year. ...NBC News - 2d -
Why stocks and bonds slumped — and market volatility soared — after Fed meeting
Stocks and bonds sold off after the Federal Reserve ended its policy meeting Wednesday with a new set of economic projections that pointed to a potentially slower pace of interest-rate cuts next ...MarketWatch - 2d -
Jim Cramer explains why the market melted down after the Fed cut rates
Cramer said weak industries like housing and autos are met with rising inflation in food, insurance, healthcare and rent, which require different answers.CNBC - 2d -
The Fed Cut Rates and Signaled a Long Fight Against Inflation
Also, California declared an emergency over bird flu. Here’s the latest at the end of Wednesday.The New York Times - 2d -
Dow loses 1100 points after Fed projects fewer rate cuts
The stock market closed with steep losses Wednesday after the Federal Reserve cut interest rates but projected higher borrowing costs and steeper inflation for 2025. The Dow Jones Industrial ...The Hill - 2d -
10-year Treasury yield leaps to 4.5% as Fed signals caution on future rate cuts
The Fed cut rates by a quarter point at its final 2024 policy meeting.CNBC - 2d -
Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...CBS News - 2d -
Watch live: Powell gives remarks on expected interest rate cut, Fed's 2025 outlook
Federal Reserve Chair Jerome Powell is set to hold a briefing Wednesday afternoon as the central bank is set to cut interest rates for a third time. The decision comes as inflation picked up ...The Hill - 2d -
Investors brace for hawkish Fed rate cut – and more volatile markets in 2025
The spotlight Wednesday will be on Fed Chair Jerome Powell.MarketWatch - 3d -
One popular Wall Street indicator flashes stock-market sell signal
Professional investors have become “super bullish” on stocks, according to a popular Bank of America survey. That doesn’t bode well for the market’s short-term returns.MarketWatch - 4d -
South Korea markets end Monday mixed after President Yoon's impeachment
Both indexes had rebounded strongly last week after initially falling after the martial law flip-flop and failed first impeachment vote.CNBC - 5d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 6d -
Broadcom is closing in on $1 trillion market cap. Here’s how many other companies have achieved that lofty status.
Shares of Broadcom were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the company on the cusp of becoming the next member of the trillion-dollar club.MarketWatch - Dec. 14 -
This could be the ‘next big thing’ for the stock market after generative AI
Investors and traders in the stock market love to ride momentum, and the build-out of data processing infrastructure to support generative artificial intelligence seems likely to continue for some ...MarketWatch - Dec. 14 -
Broadcom stock closes up 24%, pushing company past $1 trillion market cap for the first time
Shares of Broadcom popped more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time.CNBC - Dec. 13 -
Michael Jordan's Chicago home sold for $9.5 million after decade on the market
The house first actively hit the market on Dec. 17, 2013, for an original asking price of $29 million.ESPN - Dec. 13 -
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China’s beauty market is a sight for sore eyes
If shoppers are plumping for homegrown — and are willing to pay up for beauty — it bodes well for growth of local brandsFinancial Times - Dec. 10 -
Surprise RBI governor pick signals India may cut rates as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.CNBC - Dec. 10 -
The stock market is about to gift investors with two holiday season rallies
December brings both the ‘Santa Claus Rally’ and the ‘January Effect.’MarketWatch - 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 -
Transfer portal 2025 QB market heats up: Analyzing three top-ranked signal-callers and their potential fits
Breaking down the game and future plans for Conner Weigman, Miller Moss and Jackson ArnoldCBS Sports - Dec. 6 -
Labor data signals a new, far more uncertain job market
Dan Hevia has been laid off before — but this time feels different.NBC News - Dec. 6 -
Liquor giant Brown-Forman’s stock rises on growth signals ahead despite market challenges
Brown-Forman Corp.’s stock rose 8% in premarket trading on Thursday after the liquor maker beat Wall Street estimates for profit and revenue in its latest quarter and said it expects to generate ...MarketWatch - Dec. 5 -
South Korea Stock Markets Wobble After Martial Law Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.The New York Times - Dec. 4 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3