BMW shares slide after profit margin cut over faulty brakes and weak China demand
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The New York Times - Business
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.37 minutes ago - Federal Reserve -
Financial Times - Business
S&P hits new record after Fed makes jumbo cut to US interest rates
Global stocks rally as investors bet that the central bank’s move will support US economic growth51 minutes ago - Federal Reserve -
CNBC - Business
Trump Media shares slide with DJT sale restrictions set to lift
Donald Trump, the majority shareholder of Trump Media and the biggest name on Truth Social, said he has no plans to sell his DJT stock when the lockup ends.1 hour ago - Donald Trump -
Inc. - Business
After Cuts, Lost Tech Jobs Aren't Likely to Return Soon
Silicon Valley layoffs accounted forover half of nearly 76,000 jobs eliminated in August, prompting warnings thatwarn the era of boundless tech opportunities is probably over.1 hour ago -
Inc. - Business
Smaller Rivals Grab Market Share From United Health Tech Unit After Hack
The February cyberattack that snarled its Change Healthcare IT business created an opportunity for competitors, who say they are retaining customers who sought secure alternatives.1 hour ago -
CBS Sports - Sports
Rory McIlroy in the mix again at BMW PGA Championship with opening 67 after coming up short at Irish Open
McIlroy will try to rebound from last week's disappointment in another major European event1 hour ago - US Open -
NBC News - Top stories
Trump Media shares slide with DJT sale restrictions set to lift
Shares of Trump Media fell at the opening bell Thursday, with just hours to go until former President Donald Trump is expected to be able to start selling his nearly $2 billion stake.1 hour ago - Donald Trump -
ABC News - World
Faulty component could have caused "extensive damage" to jet, report finds
Hong Kong's air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused ...2 hours ago -
CNBC - Business
Bank of England presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.2 hours ago -
BBC News - Top stories
High-grade masks may have been no better than surgical masks, Covid inquiry hears
UKHSA's Prof Susan Hopkins said respirator masks may have worked no better than thin surgical masks.5 hours ago - Covid -
MarketWatch - Business
Oil prices rise after Fed delivers big interest-rate cut
Oil futures rose Thursday, gaining ground alongside global equities and other assets perceived as risky, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for ...5 hours ago - Federal Reserve -
NBC News - Top stories
Japan demands more protection for citizens after 10-year-old boy stabbed to death in China
A 10-year-old student at a Japanese school in China died Thursday after being stabbed on the way to school the day before, Japanese officials said.6 hours ago - China -
The New York Times - Business
After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.7 hours ago - Joe Biden -
The Hill - Politics
Biden to give 'declaration of progress' to economic club after Fed cuts
President Biden is set to give remarks at the Economic Club of Washington, D.C., on Thursday, during which he will give a “declaration of progress” a day after the Federal Reserve slashed interest ...7 hours ago - Joe Biden -
CNBC - Business
China's Alibaba launches over 100 new open-source AI models, releases text-to-video generation tool
Alibaba is hoping its latest AI offerings may tempt customers around the world to sign up to its cloud services.8 hours ago - China -
The Guardian - World
Tokyo demands answers over fatal stabbing of 10-year-old Japanese boy in China
It is unclear if the suspect targeted the boy because he was Japanese, but there is concern that the incident could trigger a further deterioration in ties. Japan’s foreign minister, Yoko Kamikawa, ...11 hours ago - China -
Financial Times - World
Hong Kong regulator relaxes rules on sharing China ETF research
Uptake of funds sold via ETF Connect has been hindered by strict interpretation of rules preventing promotion12 hours ago - China -
MarketWatch - Business
HELOC demand from homeowners surges ahead of Fed interest-rate cut
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.22 hours ago - Federal Reserve -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...22 hours ago -
MarketWatch - Business
Trump social-media stock ‘DJT’ slides nearly 3% after CNBC poll finds Harris defeating Trump in November
Trump Media’s stock has been mostly trending lower since mid-July.22 hours ago - Donald Trump -
Yahoo Sports - Sports
Sir Andy Murray commits one of golf’s cardinal sins at BMW Championship Pro-Am
“When I’m taking the club up, I feel like I’m getting to the top too fast,” said Andy Murray, in an earnest discussion with Bob MacIntyre, his fellow Scot, on the ninth tee of Wentworth.Yesterday -
The Hill - Politics
Republican senator demands ABC News turn over any pre-debate communication with Harris
Sen. Roger Marshall, R-Kansas, wrote a letter to ABC News demanding communications between Harris and the network.Yesterday -
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.Yesterday - Federal Reserve -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.Yesterday -
BBC News - Top stories
Party over for Tupperware as it files for bankruptcy
The US company says it will ask for court permission to start a sale process of the business.Yesterday -
MarketWatch - Business
Tupperware Brands files for bankruptcy after years of weak sales
Tupperware Brands, the iconic food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years struggling with weak sales.Yesterday -
ABC News - World
Sri Lanka's plantation workers live on the margins. But politicians still want their votes
Both leading candidates in Sri Lanka's presidential election are promising to give land to the country’s hundreds of thousands of plantation workers, but the long-marginalized group has heard ...Yesterday -
NBC News - Top stories
OceanGate CEO put profits over safety ahead of Titan's fatal voyage, ex-employee says
In a desire to get a working submersible to the Titanic wreck site as fast as possible, the Titan was built at a risk to safety, with cost-cutting measures and poor engineering permitted by CEO ...Yesterday -
CBS News - Top stories
How much will an $800,000 mortgage cost monthly after rate cuts?
Monthly payments on an $800,000 mortgage loan could soon become less expensive. Here's what to know now.Yesterday - Mortgage -
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 -
Los Angeles Times - Entertainment
REO Speedwagon hits the brakes: Band to quit touring in 2025 after members disagree
REO Speedwagon will 'cease touring' in 2025 amid 'irreconcilable differences' about health that arose between bassist Bruce Hall and lead singer Kevin Cronin.Yesterday -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...2 days ago - Germany -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.2 days ago -
The Guardian - World
Lucy Letby: mother of murdered baby demands apology over hospital ‘failings’
Mother of Child D describes feeling she was ‘losing mind’ as she pushed for investigations. The mother of a baby girl murdered by Lucy Letby has demanded an apology from the hospital for “dozens” ...2 days ago -
The New York Times - Top stories
North Carolina Absentee Ballots Delayed After Fight Over RFK Jr.
After dropping out of the race and endorsing Donald Trump, Robert F. Kennedy Jr. has been fighting in court to remove his name from ballots in several states.2 days ago