Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost cutting drive
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MarketWatch - Business
Treasury yields end above one-year lows as traders ramp up ‘soft landing’ bets
Yields on long-dated Treasurys drifted higher on Monday as traders bet that the Federal Reserve would deliver the “soft landing” that investors have been hoping for.16 minutes ago -
CBS News - Top stories
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.35 minutes ago -
Financial Times - Business
What are Rachel Reeves’s options for boosting public investment?
Chancellor appears to be rethinking government’s fiscal approach to create more room for spending3 hours ago -
The Hill - Politics
Fed president expecting smaller cuts after half-point reduction
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, on Monday said that consumers can expect smaller interest rate cuts after last week’s significant half-point reduction. "I was ...3 hours ago - Federal Reserve -
NBC News - Top stories
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction.4 hours ago - Federal Reserve -
CBS News - Top stories
How much would a $50,000 HELOC cost per month now that rates are cut?
A HELOC comes with a variable interest rate, which could help borrowers now that interest rates have been cut.4 hours ago -
CBS Sports - Sports
Steelers begin season 3-0: Why Justin Fields' advancing QB skills are a major part of Pittsburgh's hot start
The veteran quarterback is developing nicely in Pittsburgh5 hours ago - NFL -
CNBC - Business
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased policy by a half percentage point last week.5 hours ago - Federal Reserve -
Financial Times - World
Fed rate cuts should boost corporate America’s buyback binge
No one wants to end up paying more for a poorer-quality company6 hours ago - Federal Reserve -
The Guardian - World
Batterymaker Northvolt to cut 1,600 jobs amid electric car ‘headwinds’
Move comes after weeks of uncertainty over reports of financial problems as green vehicle sector struggles. Business live – latest updates The Swedish batterymaker Northvolt is to cut 1,600 ...7 hours ago -
CNBC - Business
Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.8 hours ago -
Financial Times - Business
Northvolt to cut more than 20% of jobs in battle for survival
Europe’s leading battery maker is downsizing as it struggles to build up production amid slowing shift to electric vehicles8 hours ago -
BBC News - Top stories
Cross-border healthcare plan to cut waiting lists
Wales' First Minister Eluned Morgan says the plan could benefit NHS patients in England and Wales.11 hours ago -
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The Hill - Politics
What made the cut in Congress’s plan to avert a shutdown — and what didn't
Congressional leaders have struck a deal to keep the government open past a looming Sept. 30 deadline, after a previous effort to punt the funding fight into spring 2025 and attach a Trump-backed ...22 hours ago -
ESPN - Sports
Giants WR Malik Nabers makes pair of spectacular catches on TD drive
Nabers beat coverage from Martin Emerson to help lead the Giants into the end zone.Yesterday - NFL -
ESPN - Sports
Ancelotti: Players would cut pay to play less
Real Madrid coach Carlo Ancelotti believes players would be willing to take a pay cut in exchange for fewer games played during the season.2 days ago -
Financial Times - Business
Bank of London to cut jobs as part of investor-led restructuring
Participants in a £42mn fundraising have pushed for changes at the fledging bank2 days ago -
Financial Times - World
Short cuts: a fast-track to Bhutan and skiing comes to Covent Garden
Direct flights from Dubai to Bhutan, a pop-up ski contest in London, and Bangkok claims the ‘world’s best’ hotel2 days ago -
Financial Times - World
Investors hope US rate cuts will provide lift for emerging market debt
Local currency bonds have lagged this year but Fed’s move is expected to ease pressure on developing nations2 days ago -
The Hill - Politics
US anticipates announcement to cut back troops in Iraq next week
A long-expected deal to reduce U.S. troop presence in Iraq will likely be announced next week, two administration officials said Friday. The agreement with Iraq, which would reduce American troops ...2 days ago - Iraq -
CBS News - Top stories
Drug middlemen illegally drive up the cost of insulin, FTC says
Regulators say the nation's largest pharmacy benefit managers are partly to blame for the soaring cost of insulin in the U.S.2 days ago -
CBS News - Top stories
Did the interest rate cuts spark economic growth?
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent ...3 days ago -
CBS News - Top stories
Should you borrow home equity now that the Fed has cut rates?
It could be a smart time to borrow from your home's equity — but you should consider a few factors first.3 days ago - Federal Reserve -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.3 days ago - Federal Reserve -
CBS News - Top stories
Should you buy a home after the Fed's big rate cut?
There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.3 days ago -
The New York Times - Business
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.3 days ago -
Inc. - Business
U.S. to Distribute $3 Billion in Grants to 25 Battery Makers
support 12,000 production and construction jobs3 days ago -
BBC News - Top stories
Construction giant collapse sees 2,200 jobs cut
The UK operations of the construction group ISG collapsed into administration on Friday.3 days ago -
NBC News - Top stories
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to ...3 days ago -
Financial Times - World
China’s electric carmakers warn of EU investment cuts over tariff threat
Statement comes as talks continue between Beijing’s commerce minister and European trade commissioner3 days ago - China -
ABC News - Top stories
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week. Will they do it again?3 days ago - Federal Reserve -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings3 days ago -
MarketWatch - Business
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July3 days ago - China -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.3 days ago -
The Wall Street Journal - Business
Mercedes-Benz Cuts Full-Year Outlook
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, specifically in China.4 days ago