Boeing shares fall as factory workers begin strike; UK interest rates to fall to 3% next year, predicts Goldman – as it happened
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BBC News - Top stories
UK interest rates expected to be held at 5%
Economists are betting on rates being held in September with a cut to come in November instead.3 hours ago - United Kingdom -
CNBC - Business
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.10 hours ago - Federal Reserve -
CBS News - Top stories
Why the Fed cut interest rates for the first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for ...10 hours ago - Federal Reserve -
The New York Times - Business
Fed Cuts Interest Rates for First Time in Four Years
Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.11 hours ago - Federal Reserve -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...12 hours ago - Federal Reserve -
BBC News - Top stories
US interest rates cut by 0.5% in first drop in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.13 hours ago -
The Guardian - World
Federal Reserve cuts US interest rates for the first time in four years
Central bank makes cuts after holding rates at two-decade high in aggressive bid to cool inflation. What will a Federal Reserve interest rate cut mean for you? The US Federal Reserve cut ...13 hours ago - Federal Reserve -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.13 hours ago - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...14 hours ago - Federal Reserve -
MarketWatch - Business
Here’s when falling interest rates will hit your mortgage, car loan, credit-card bills and savings accounts
The Fed’s interest-rate cuts will soften the prices consumers pay for debt — but people may not see an impact on their payments for a while.14 hours ago -
NBC News - Top stories
Denver will discontinue its migrant support program next year as border numbers fall
Five months after launching an ambitious plan designed to help newly arrived migrants transition into more stable lives through temporary housing, job training and other supports, Denver officials ...14 hours ago -
BBC News - Top stories
Boeing suspends jobs for thousands after strike
Boeing says it is suspending jobs for thousands of staff in the US due to a worker strike.15 hours ago -
MarketWatch - Business
Here’s one way Boeing plans to preserve cash amid strike
Furloughs for employees and pay cuts for executives are coming at Boeing.15 hours ago -
CNBC - Business
Despite the Fed's first interest rate cut in years, it may be too soon to refinance your mortgage. Here's why
The Federal Reserve just made its first interest rate cut, which can influence mortgage rates. But it still may be too soon to refinance your mortgage.15 hours ago -
CBS Sports - Sports
2024 Week 3 NFL score predictions, odds, picks today: Expert shares exact scores for all 16 games
SportsLine expert Eric Cohen reveals his score predictions for all 16 games in Week 3 of the NFL season15 hours ago - NFL -
The New York Times - Business
Boeing to Begin Temporary Layoffs Due to Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.16 hours ago -
NBC News - Top stories
Weekly mortgage demand surges 14% as interest rates hit two-year low
Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing.17 hours ago - Mortgage -
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 depositors18 hours ago - United Kingdom -
BBC News - Top stories
TGI Fridays' UK owner falls into administration
London-listed Hostmore has appointed Teneo as administrators to help it sell the restaurants.18 hours ago - United Kingdom -
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 ...20 hours ago - United Kingdom -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.22 hours ago - Mortgage -
Los Angeles Times - Entertainment
5 mysteries to read this fall
Books from Michael Connelly, Ragnar Jónasson and Julia Dahl are among the must-read mysteries for fall.Yesterday -
VentureBeat - Tech
Skate. launches in early access in 2025; console playtesting begins in fall
Amidst discussion of EA's other franchises, Skate. got a shout-out as its developers reveal it's planned for an early access launch in 2025.Yesterday -
CNBC - Business
The Fed's biggest interest rate call in years happens Wednesday. Here's what to expect
While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go.Yesterday -
The New York Times - Business
Boeing Restarts Labor Negotiations as It Seeks End to Strike
Federal mediators are helping the aerospace manufacturer and leaders of the union representing more than 33,000 workers who went on strike last week reach a deal.Yesterday -
MarketWatch - Business
Bitcoin jumps while Dow falls ahead of the Fed’s interest-rate decision
Bitcoin jumped Tuesday ahead of the Federal Reserve’s key rate decision on Wednesday, as traders expect the central bank policymakers to deliver the first interest-rate cut in four years.Yesterday - Crypto -
CBS News - Top stories
Boeing strike emotions flare as guard flashes gun at picketing workers
Airplane manufacturer called incident outside Seattle hub "unacceptable," saying the guard would not be returning.Yesterday -
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 -
BBC News - Top stories
Workers tell of £3 an hour jobs in Leicester's garment factories
A BBC investigation hears from one sewing machine operator who says "no one was paying more" and she was desperate for money.2 days ago