Atlanta Fed President Bostic says officials can't wait for inflation to hit 2% before cutting
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The New York Times - Business
Fed Announces Big Rate Cut
“We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates ...7 minutes ago - Federal Reserve -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in 16 years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...20 minutes ago - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...33 minutes ago - Federal Reserve -
ABC News - Top stories
Ship owner cut corners on repairs before deadly Baltimore bridge collapse, US says in $100M lawsuit
The U.S. Justice Department is suing the owner and manager of the cargo ship that caused the Baltimore bridge collapse47 minutes ago -
The New York Times - Business
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what the half-point interest rate cut will mean for your car loans, credit cards, mortgages, savings and student loans.51 minutes ago - Federal Reserve -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.1 hour ago - Federal Reserve -
MarketWatch - Business
A Fed rate cut with the stock market at a record high? Here’s what history says.
The Federal Reserve is preparing Wednesday to cut interest rates with U.S. stocks trading near a record high. leaving investors searching for historical clues to the path ahead for markets.1 hour ago -
The New York Times - Business
How Big Will the Fed Rate Cut Be? Officials Need to Strike a Balance.
Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts.2 hours ago - Federal Reserve -
CNBC - Business
111 Republican former officials endorse Harris, say Trump is 'unfit to serve'
Kamala Harris' campaign has netted Republican endorsements from numerous Trump administration officials as well as from figures such as Dick Cheney.3 hours ago - Donald Trump -
The New York Times - World
Russia Seizes Town in Donetsk as Ukraine Hits Ammunition Depot
The capture of Ukrainsk underscored Russia’s steady advances in the Donetsk region. Ukraine is trying to counter with strikes on Russian military infrastructure.4 hours ago - Ukraine -
NBC News - Top stories
Veterans wait 30 years on average for the U.S. to acknowledge toxic exposures, new report says
Army Staff Sgt. Mark Jackson kept a daily journal, documenting how he became permanently sickened while stationed at the Karshi-Khanabad Air Base in Uzbekistan in 2003.4 hours ago -
CBS News - Top stories
Fed likely to cut interest rates, but size of cut unclear
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.5 hours ago - Federal Reserve -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.5 hours ago - Federal Reserve -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy6 hours ago -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.7 hours ago - Federal Reserve -
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The New York Times - World
Israel Planted Explosives in Pagers Sold to Hezbollah, Officials Say
Small amounts of explosive were implanted in beepers that Hezbollah had ordered from a Taiwanese company, according to American and other officials briefed on the operation.9 hours ago - Israel -
The Hill - Politics
Democrats target tax avoidance before cuts expire in 2025
Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of tax code expirations scheduled for next year. A new set of proposed rules ...10 hours ago -
Financial Times - Business
Exploding pagers join long history of killer communications devices
Israel, blamed by Hizbollah for Tuesday’s attack, has long used telephones and their successors to track and kill enemies10 hours ago -
MarketWatch - Business
History says Fed interest-rate cut sets up ‘crapshoot’ for stock-market investors
A decent rule of thumb is to watch the next two weeks after a first Federal Reserve interest-rate cut, says Jason Goepfert, senior research analyst at SentimenTrader11 hours ago - Federal Reserve -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positive12 hours ago -
ABC News - Sports
Juan Soto hits 40th homer, Aaron Judge drives in 4 runs as Yankees thump Mariners 11-2
Aaron Judge drove in four runs in his first two at-bats, Juan Soto hit his 40th homer of the season and 200th of his career, and the New York Yankees moved to the cusp of clinching a playoff berth ...13 hours ago - MLB -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.14 hours ago - Federal Reserve -
ABC News - Tech
Hezbollah is hit by a wave of exploding pagers that killed at least 9 people and injured thousands
Hundreds of handheld pagers exploded near simultaneously in parts of Lebanon and Syria, killing at least nine people — including members of the militant group Hezbollah and a young girl15 hours ago -
CBS News - Top stories
Suspicious letters with unknown substance sent to election officials, feds say
State election officials have already told CBS News they're facing an increase in threats ahead of Election Day.Yesterday -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...Yesterday -
CBS News - Top stories
What to know about buying a home before the Fed cuts rates
The Fed's rate cut this week could have an impact on the homebuying process. Here's how.Yesterday - Federal Reserve -
MarketWatch - Business
Make this last-minute money move before the Fed’s interest-rate cut
Plus, tips for how savers and spenders can prep for the first interest-rate cut since 2020Yesterday -
CBS News - Top stories
What will happen to gold prices after the Fed cuts rates?
Here's what you can expect to happen to the price of gold after the Fed rate cut happens this week.Yesterday - Federal Reserve -
CNBC - Business
Now is your last chance to lock in a guaranteed 5% return before the Fed cuts rates, investing experts say
The Federal Reserve is expected to reverse course this week and begin cutting interest rates. It may make sense for savers to lock in a high interest rate now.Yesterday -
Financial Times - World
Market speculation about the next Fed rate cut masks deeper issues
Even so, perma-critics of the US central bank are cracking their knuckles in anticipationYesterday - Federal Reserve -
MarketWatch - Business
A possible Fed interest-rate cut boosts home builders confidence
Builder sentiment rose as mortgage rates fell, the National Association of Home Builders said.Yesterday - Federal Reserve -
CNBC - Business
Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.Yesterday - Federal Reserve -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
Financial Times - Business
Treasury ‘saying no to everything’ will hit growth, warns Burnham
Manchester mayor says powerful finance ministry has to fundamentally change way it thinksYesterday -
ABC News - Sports
Keith hits 2-run homer as Tigers overcome Witt's grand slam and rally for 7-6 win over Royals
Colt Keith hit a two-run homer, Matt Vierling had three hits while driving in the go-ahead run, and the Detroit Tigers rallied from an early four-run deficit to beat the Kansas City Royals 7-6Yesterday - MLB