Latest in Australia news live: Antoinette Lattouf gives evidence in case against ABC; NAB becomes first of big four banks to cut fixed interest mortgage rates
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Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
Former TV bailiff accused of wife's murder gives first interview about case
Former TV bailiff Renard Spivey found himself in a real-life courtroom drama when he was accused of killing his wife in 2019. He speaks out for the first time about the fight to prove his innocence ...CBS News - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Federal Grand Jury Has Heard More Evidence in Case Against Mayor Adams
Prosecutors have presented additional evidence to a grand jury in the case against Eric Adams, his lawyer said in court papers, a sign new charges may be near.The New York Times - Jan. 10 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
HELOC interest rates drop to 18-month low: Should you open one now?
HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.CBS News - Jan. 9 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
Musk: Cutting $2T through DOGE ‘best-case outcome’
Tesla CEO Elon Musk said Wednesday that the best-case scenario would be to make $2 trillion in cuts to federal spending through the "Department of Government Efficiency" (DOGE) he is co-leading. “I ...The Hill - Jan. 9 -
Biden becomes great-grandfather, in likely presidential first
President Biden welcomed his first great-grandchild into the world on Wednesday after his granddaughter Naomi had a cesarean section birth in Los Angeles. Biden, 82, is believed to be the first ...The Hill - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
Four cases to test Trump’s antitrust strategy
The new antitrust team appointed by President-elect Trump includes bipartisan members with no clear indication of their enforcement approach, but historic precedent suggests that they may not ...The Hill - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
Trump’s America First becomes America expands
President-elect Trump’s imperialist tendencies ahead of his second term are begging a question that dominated his first term: Should he be taken seriously, or literally? Trump during a Tuesday ...The Hill - Jan. 7 -
Ohio's COVID-era health director becomes first Dem to file for governor
Former Ohio Department of Health Director Amy Acton announced Tuesday that she’s running for governor, becoming the first Democrat to enter the race to replace term-limited Gov. Mike DeWine (R). ...The Hill - Jan. 7 -
Ireland Joins South Africa’s Genocide Case Against Israel
Ireland had said it would intervene in the case at the International Court of Justice, arguing that Israel’s actions in Gaza amounted to collective punishment.The New York Times - Jan. 7 -
Ireland joins South Africa's ICJ genocide case against Israel
Ireland filed a declaration of intervention Monday in support of South Africa’s genocide case against Israel in the International Court of Justice (ICJ). The decision comes after Ireland’s November ...The Hill - Jan. 7 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
Bet365 boss takes big pay cut but still makes £158m
Denise Coates has been credited with the rapid rise of the online gambling firm.BBC News - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
Marvel Rivals Is Pitting The Fantastic Four Against Dracula
Earlier this month, NetEase Games teased the debut of the Fantastic Four , the first post-launch heroes for Marvel Rivals . Now, the trailer for Marvel Rivals Season 1 has arrived, and it reveals ...GameSpot - Jan. 6 -
7 ways to get a lower mortgage rate in 2025
Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.CBS News - Jan. 6 -
CES 2025 Live Blog: News, Photos, and Videos From Tech's Big Show
Get live reports and photos of all the products, trends, and quirky gadgets we're seeing this week at CES in Las Vegas.Wired - Jan. 6 -
A look at the legal cases filed against France's former President Sarkozy
France’s former President Nicolas Sarkozy goes on trial over allegations he received millions from Libya for his 2007 successful presidential campaign, in the latest — and biggest — of a series of ...ABC News - Jan. 6 -
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New York becomes first US city to introduce congestion charging
Plan to ease traffic faced years of challenges and opponents want incoming Trump administration to block itFinancial Times - Jan. 5 -
New York becomes the first U.S. city with a congestion charge despite opposition
Motorists entering Manhattan’s busiest neighborhoods will now have to pay up to $9 in congestion charges, as New York City’s first-in-the-nation Congestion Relief Zone officially launched Sunday.NBC News - Jan. 5 -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - Jan. 5
