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DoubleLine's Gundlach says expect higher rates if Republicans also win the House
DoubleLine's Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.Business - CNBC - 6 hours ago -
U.S. House leaning Republican, CBS News rates
President-elect Donald Trump will return to the White House on Jan. 20, 2025, and he may be leading a government entirely controlled by his party. Republicans flipped the Senate through a handful ...Top stories - CBS News - Yesterday -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - Yesterday -
Colorado Republican wins House seat vacated by Boebert
Republican Jeff Hurd is projected to win Rep. Lauren Boebert’s (R-Colo.) seat in Colorado, according to Decision Desk hQ. Hurd, an attorney, defeated former Aspen City Councilman Adam Frisch for ...Politics - The Hill - Yesterday -
Will Republicans win the House? The outstanding races to watch
It's too early to determine if Republicans will keep their majority in the US House of Representatives.Top stories - BBC News - 14 hours ago -
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...Politics - The Hill - October 14 -
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.Business - CNBC - October 31 -
What the stock market can expect if Republicans control the White House, Senate and House
For stocks, divided control in Washington, D.C. — gridlock — is preferable to rule by one political party.Business - MarketWatch - 10 hours ago -
Trump says it’s ‘tough’ for Republicans to win the popular vote
Former President Trump argued that Republicans winning the popular vote is “tough” because of Democratic strength in certain strongholds ahead of Election Day on Tuesday. Trump said at a rally in ...Politics - The Hill - 5 days ago -
Bots Linked to China Target Republican House and Senate Candidates, Microsoft Says
Chinese influence operations have focused less on this year’s presidential race and more on down-ballot races.Tech - The New York Times - October 23 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
U.S.-China relations expected to be strained no matter who wins the White House
As Donald Trump and Vice President Kamala Harris face off in the presidential election, China’s President Xi Jinping has not expressed a preference for either.Top stories - NBC News - October 22 -
The market could get hit hard on a Harris win — but also drop on a Trump victory, says Morgan Stanley
Mike Wilson, Morgan Stanley’s chief U.S. stock market, explains why markets prefer a Trump victory, and the risks from either result in the 2024 election.Business - MarketWatch - October 21 -
Georgia election official appeals to Musk over foreign disinformation on X
Brad Raffensperger says viral post alleging repeat voting in US state is likely from ‘Russian troll farms’World - Financial Times - November 1 -
Low-volatility ETFs lose favour as investors jump to buffered peers
Despite poor returns in recent years, analysts say people could be missing out on their long-term investment potentialWorld - Financial Times - 6 days ago -
Republican John McGuire, who ousted Rep. Bob Good, wins Virginia House seat
Republican John McGuire is projected to win the House seat to replace Rep. Bob Good (R-Va.), according to Decision Desk HQ. McGuire, a state senator, defeated the former head of the House Freedom ...Politics - The Hill - 2 days ago -
US Senate, House and governor elections 2024: results from all 50 states as Republicans win Senate
Voters have elected a Republican majority in the Senate. They have also been electing members of the House of Representatives and state governors. Live 2024 presidential election results US ...World - The Guardian - Yesterday -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - 15 hours ago -
Federal Reserve interest rate news expected days after Trump wins 2024 election
The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.Top stories - CBS News - 9 hours ago -
7% mortgage rates are a warning about who will win the election, economist says
Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economyBusiness - MarketWatch - October 30 -
Larry Fink says the Fed won't cut interest rates as much as markets expect this year
"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.Business - CNBC - October 29 -
House Republicans brace for leadership scramble
House Republicans are bracing for potential leadership shake-ups in the coming weeks, a post-election scramble that will heavily depend on who wins control of the lower chamber and White House in ...Politics - The Hill - October 23 -
White House says Biden will attend inauguration regardless of who wins
White House Press Secretary Karine Jean-Pierre told reporters that President Biden will be attending the inauguration regardless of who wins the presidential election.Politics - NBC News - October 30 -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - October 30 -
Jobless rate ticks higher in October for white Americans, bucking the broader trend
The unemployment rate for white workers crept higher in October, running counter to the overall trend.Business - CNBC - 6 days ago -
Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.Business - CNBC - Yesterday -
Mortgage rates jump after Trump defeats Harris
Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.Business - MarketWatch - Yesterday -
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.Business - CNBC - October 30 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - October 24 -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - 6 days ago -
Expect Higher Costs for Your Health Care Benefits Next Year
Employers are predicting an increase of as much as 9 percent, on average, but are generally avoiding passing along much of that to their employees, industry groups say.Business - The New York Times - 6 days ago -
Shocks and surprises covering House Republicans for The Hill
I knew things would get interesting when I accepted a job with The Hill covering House Republicans in the summer of 2014.Politics - The Hill - October 24 -
House Republican presses Meta on censoring political content
Texas Rep. August Pfluger (R) expressed concern in a letter to Meta on Tuesday over the platform's decision to automatically opt users out of political content, arguing the platform's users should ...Politics - The Hill - October 24 -
Republicans flip Slotkin's Michigan House seat
Former Michigan state Sen. Tom Barrett (R) will win his House race to represent the state’s 7th Congressional District, flipping the seat to GOP hands, Decision Desk HQ projects. Barrett defeated ...Politics - The Hill - Yesterday -
Republicans take Senate, House control remains uncertain
Scott MacFarlane looks at the implications for Washington's power dynamics, especially if Republicans retain the House.Top stories - CBS News - Yesterday -
Bacon holds onto Nebraska House seat for Republicans
Rep. Don Bacon (R-Neb.) will win another term representing Nebraska’s 2nd Congressional District, holding on in the district seen as central to both parties’ majority hopes, Decision Desk HQ ...Politics - The Hill - Yesterday