Biden administration gets boost from Fed rate cut
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The Guardian - World
Biden administration proposes rules to ban Chinese-made cars over spying fears
As Chinese carmakers become more powerful, US fears installed sensors and software could be used for espionage. The Biden administration has proposed new rules that would in effect prohibit ...Yesterday - Joe Biden -
Yahoo Sports - Sports
Formula 1: Lando Norris cuts seven more points from Max Verstappen's lead with Singapore Grand Prix win
Verstappen's lead is 52 points with six races to go.2 days ago -
Financial Times - Business
Fed’s high-rates era handed $1tn windfall to US banks
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds2 days ago -
The New York Times - Top stories
In Michigan, Democrats Hope to Benefit From a Post-Biden Surge of Youth Energy
Democrats in the battleground state are counting on a sea change in the mood of young voters that could bolster their candidates in critical races that will determine who controls Congress.2 days ago - Joe Biden -
The Guardian - World
To put frockgate behind them, the Starmers could learn from the Johnson administration
The PM – or just his wife – would be wiser to borrow outfits for special occasions, as Sarah Brown and Carrie Johnnson did . Not all of us are good at clothes. Some have the gift of sartorial ...2 days ago -
The Hill - Politics
Alina Habba calls Trump assassination attempts an 'embarrassment' to Biden administration
Alina Habba, one of former President Trump's attorneys, called the GOP nominee’s assassination attempts an “embarrassment” to President Biden’s administration. Trump’s 2024 ...2 days ago - Joe Biden -
MarketWatch - Business
Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut
Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.3 days ago - Federal Reserve -
MarketWatch - Business
‘I had 3 offers over 11 months’: With the Fed’s 50-basis-point cut, will I finally be able to sell my house?
“It’s a momentous moment. Interest rates are finally declining.”3 days ago -
MarketWatch - Business
Gold’s record rally gets added jolt from Fed rate cut. Is there anyone left to buy?
Some analysts warn the pool of potential gold buyers could begin to run dry.3 days ago - Federal Reserve -
MarketWatch - Business
Small-cap stocks post longest rally since 2021 after Fed rate cut. What’s next?
Small-cap stocks just saw their longest winning streak in three and a half years, after the Federal Reserve recalibrated its monetary policy with a big interest-rate cut.3 days ago - Federal Reserve -
MarketWatch - Business
How to invest if you believe the Fed can’t stop the economy from falling apart
Also: What to expect for loan interest rates, how Social Security survivor and spousal benefits work, and advice from the Moneyist.3 days ago -
MarketWatch - Business
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
Michelle Bowman was the first Federal Reserve governor to dissent from an interest-rate decision since 2005.3 days ago - Federal Reserve -
MarketWatch - Business
The Fed rate cut scared me. Where should I invest my $127,000 in savings now?
This reader wonders whether CD rates, high-yield savings accounts and bond ladders are still smart moves, even if interest rates keep dropping.3 days ago - Federal Reserve -
MarketWatch - Business
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main Street — is obsessing over.3 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 nations3 days ago -
CNBC - Business
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Waller told CNBC that the data is showing core inflation in the Fed's preferred measure is running below 1.8%3 days ago - Federal Reserve -
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 -
MarketWatch - Business
Oil prices log weekly gains after Fed rate cut, rising Middle East tensions
Oil futures booked solid weekly gains, boosted by the Federal Reserve’s large interest-rate cut and a renewed rise in tensions in the Middle East.3 days ago - Federal Reserve -
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 -
Financial Times - Business
Top Fed official would back more aggressive interest rate cuts if US data worsen
Influential governor Christopher Waller says inflation is falling more quickly than he expected3 days ago - Federal Reserve -
GameSpot - Tech
Titans Are Getting A Big Boost In Destiny 2's Next Episode, Revenant
Titans in Destiny 2 will soon see a bunch of buffs to their abilities, bringing the experience of playing the beefy subclass a little more in line with the fantasy and making it more viable in ...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 ...4 days ago -
The Hill - Politics
The Fed finally cut interest rates — but let's not get too excited just yet
If you're running a small business, this cut in interest rates will have little impact.4 days ago - Federal Reserve -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.4 days ago -
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?4 days ago - Federal Reserve -
The Hill - Politics
Biden administration announces $3B for battery projects
The Biden administration on Friday announced that it has selected 25 battery technology projects to receive $3 billion in federal funding. The projects receiving federal funds pertain to various ...4 days ago - Joe Biden -
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 ratings4 days ago -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.4 days ago - China -
Financial Times - World
Coffee producers fear being cut off from EU by new land protection law
Drinks company JDE Peets pleads for year’s delay on ban on supplies from deforested areas over lack of guidelines4 days ago - European Union -
The New York Times - Lifestyle
She Was Fired From ‘Summer House’ but Now Gets the Last Laugh
The former reality television star has found her footing in comedy, with a hit Netflix special and a podcast tour.4 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.4 days ago