Bank of Spain Gets New Governor as ECB Prepares to Cut Rates Again
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ABC News - Tech
Lebanon is rocked again by exploding devices as Israel declares a 'new phase' of war
Israel's defense minister declares a “new phase” of war as Hezbollah officials and Lebanon's state media say explosions went off in Beirut and multiple parts of Lebanon in an apparent second wave ...12 minutes ago - Israel -
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 ...12 minutes ago - Federal Reserve -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.52 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.56 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 -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...2 hours ago - Federal Reserve -
CNBC - Business
The Federal Reserve just cut interest rates by 50 basis points—here's what will get cheaper
With inflation tamed, the Fed has lowered borrowing costs for credit cards, loans, auto financing and mortgages2 hours ago - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...2 hours ago - Federal Reserve -
Financial Times - Business
UK regulator pushes banks to give savers better value even as rates fall
FCA warns it will take action against any lenders that flout rules to protect depositors4 hours ago - United Kingdom -
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 -
CBS News - Top stories
Two new Barbie Stanley cups drop today. Where to get them
Barbie fans won't want to miss the limited-edition Barbie Stanley cups dropping every day this week.5 hours ago -
The Hill - Politics
More Americans getting their news from TikTok: Research
A growing share of U.S. adults regularly get their news from TikTok, a trend driven by a surge in the platform’s popularity among adults under 30, according to a new analysis from the Pew Research ...5 hours ago -
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.6 hours ago - Federal Reserve -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...6 hours ago - United Kingdom -
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
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.7 hours ago -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.9 hours ago -
MarketWatch - Business
3 ways the Fed interest-rate cut could jump-start buying and selling homes again
Home buyers and sellers could come off the sidelines after the Fed’s first interest-rate cut since 2020.10 hours ago - Federal Reserve -
BBC News - Top stories
New bank hubs to open but many don't have printers to provide statements
New rules on branch closures take effect but questions remain over the facilities in shared hubs.11 hours ago -
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 -
GameSpot - Tech
EA's New Skate Game Gets An Exciting Update
During Summer Games Fest 2024 , EA and Full Circle didn't have much footage of Skate to show off, so instead they featured I Think You Should Leave star Tim Robinson in a comedy skit that set ...Yesterday -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.Yesterday -
Inc. - Business
New Trump Crypto Venture Gets Boost From GOP Candidate Himself
Donald Trump announced the creation of a new family cryptocurrency business that--for now--is getting more attention for potential conflicts of interest than the startup's operating details.Yesterday - Donald Trump -
ABC News - World
A glitch halts again Telesco the robot's attempt to get a sample from Fukushima nuclear reactor
Video feed issues halted the mission of a robot trying to retrieve the first sample of melted fuel debris from inside one of three damaged reactors at the tsunami-hit Fukushima Daiichi nuclear ...Yesterday -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.Yesterday - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
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 -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.Yesterday -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday -