ECB lowers rates to 3.25%
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Business - MarketWatch
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...1 hour ago -
Politics - The Hill
Democrats press Biden to lower housing costs before leaving White House
Democratic lawmakers from the House and Senate pressed President Biden to lower housing costs before he leaves the White House in a letter dated Wednesday. “We write today to thank you for your ...1 hour ago - Joe Biden -
Business - Financial Times
Yahya Sinwar: the ruthless architect of Hamas’s October 7 attack
Fugitive militant who spent decades in jail has been killed in Gaza4 hours ago -
Business - Financial Times
Trump hawks merchandise as White House race enters final stretch
Republican candidate cashes in on fame to sell pieces of his suits, branded jewellery and footwear and his image4 hours ago - Donald Trump -
World - The Guardian
ECB cuts interest rates to support flagging eurozone economy
Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown. Business live – latest updates The European Central Bank has intervened to ...5 hours ago -
Business - Financial Times
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressures6 hours ago -
World - The Guardian
ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live
Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...6 hours ago -
Business - MarketWatch
Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce
More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.7 hours ago -
Business - The New York Times
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.7 hours ago -
World - ABC News
European Central Bank does not foresee recession and cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...7 hours ago - Europe -
World - ABC News
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target9 hours ago -
Business - The Wall Street Journal
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.14 hours ago -
Business - MarketWatch
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Yesterday -
Politics - The Hill
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...Yesterday -
Top stories - BBC News
What Lower Inflation Means For You
There’s been a surprise fall in the rate at which prices increaseYesterday - Inflation -
Business - MarketWatch
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Yesterday - Mortgage -
Business - MarketWatch
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.Yesterday -
Business - MarketWatch
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...2 days ago -
Business - MarketWatch
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...2 days ago -
Business - MarketWatch
UBS has just lowered earnings estimates — and raised its S&P 500 target
UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.2 days ago -
Business - The Wall Street Journal
TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...2 days ago -
World - Financial Times
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mine2 days ago -
Top stories - BBC News
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.2 days ago -
World - Financial Times
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome2 days ago -
Top stories - CBS News
Here's what a $150,000 HELOC costs monthly now that rates have dropped
A $150,000 HELOC comes with inexpensive monthly payments that could fall in the months ahead. Here's what to know.3 days ago -
Business - CNBC
Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.3 days ago - Federal Reserve -
Top stories - NBC News
Fed Governor Christopher Waller sees need for more caution when lowering interest rates
Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could ...3 days ago - Federal Reserve -
Business - Financial Times
ECB challenges Serbian bank’s takeover bid over money laundering concerns
Stakebuilding in Austrian lender Addiko under scrutiny by central bank3 days ago -
Business - MarketWatch
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...3 days ago - Donald Trump -
World - Financial Times
Where interest rates are heading
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve3 days ago -
Sports - Yahoo Sports
Lions DE Aidan Hutchinson carted off the field with a gruesome lower leg injury
Aidan Hutchinson has been one of the best defensive players in the NFL.3 days ago