Could the ECB cut rates before the Fed?
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BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Dow's 40000 Milestone Builds on Rate-Cut Hopes Rally
The Dow Jones Industrial Average touched 40000 for the first time, building on a run that has pushed the three major U.S. indexes to new heights this week.The Wall Street Journal - World -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
The Fed's Miracle Is Finally Back on the Table
Inflation is moving lower after months of hot readings, and investors love it.Inc. - Business -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
Gayle King Ate a Burger Before Her Sports Illustrated Swimsuit Shoot
The 69-year-old TV anchor, who graces a cover of this year’s swimsuit issue, was fine showing dimples but wanted to avoid looking “too boobalicious.”The New York Times - Lifestyle -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
Britt: High maternal mortality rate 'American issue,' not Democrat or Republican
Sen. Katie Britt (R-Ala.) encouraged elected officials to work across the aisle in tackling the United States's high maternal mortality rate during a panel discussion Thursday on maternal mental health. “I think it is so important that we ...The Hill - Politics -
Fed’s Mester says her businesses contacts are sensing the economy is stronger than anticipated
Business contacts in the Midwest are starting to become much more upbeat about where the economy is going, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday.MarketWatch - Business -
Fed’s Barkin says consumers are driving inflation. Here’s what they’re willing to pay more for.
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them until households balk.MarketWatch - Business -
Pakistan's Imran Khan appears via video link before a top court, for 1st time since his sentencing
Pakistani officials say imprisoned former Prime Minister Imran Khan has appeared before a top court via video link, his first such appearance since he started serving his sentence for corruption last AugustABC News - World - Pakistan -
U.S. citizen accused of helping North Korean IT workers infiltrate U.S. companies
Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker.CBS News - Top stories -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
Billionaire McCourt Seeks to Buy TikTok For 'The People.' Could that Ever Work?
Former L.A. Dodgers owner Frank McCourt is pulling together a deal to buy the controversial social media app. He says it's the "people's bid," and it won't include the app's all-important algorithm.Inc. - Business - Tiktok -
Case Against Lodi, a Top NYC Restaurant, Could Lower Barriers to Unions
The National Labor Relations Board says the management at Lodi unlawfully fought a union drive. If the allegations are upheld, the board could force the company to bargain.The New York Times - Top stories