Latest in Faisal Islam: Mortgage rates are not rising yet but Reeves has to act
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Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.CBS News - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Trinidad and Tobago’s streets are a bloodbath. Yet all our politicians offer are platitudes | Kenneth Mohammed
A state of emergency has been declared amid unprecedented gun violence, but no one in our stagnating government is taking responsibility. Just before the new year, Trinidad and Tobago’s government ...The Guardian - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise
Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company’s turnaround a “mirage,” after initially adding to gains that have topped 300% in the ...MarketWatch - Jan. 3 -
Suspect in deadly New Orleans attack likely acted alone, FBI says
The FBI said the suspect in the New Orleans pickup truck attack likely acted alone. Authorities said Shamsud-Din Jabbar posted several videos proclaiming his support for ISIS before the attack. ...NBC News - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
New Orleans Attacker Most Likely Acted Alone, Officials Say
They also said they did not see a “definitive link” between the attack and an explosion at a Trump hotel in Las Vegas, but cautioned that it’s too early to be sure.The New York Times - Jan. 2 -
Investigators Said the New Orleans Attacker Acted Alone
Also, Speaker Johnson is trying to unite Republicans behind him. Here’s the latest at the end of Thursday.The New York Times - Jan. 2 -
Why the New Orleans attack is being investigated as an act of terrorism
Officials are investigating the New Orleans truck attack as an act of terrorism as several pieces of evidence pointing toward the attacker show he may have been radicalized by ISIS. David Viola, an ...CBS News - Jan. 2 -
Cryptocurrencies jump to start 2025, bitcoin rises back above $97,000
Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market.CNBC - Jan. 2 -
Friday Briefing: F.B.I. Said the New Orleans Attacker Acted Alone
Plus, eat better in 2025.The New York Times - Jan. 2 -
DOJ Takes the Dizzying Corporate Transparency Act Saga to the Supreme Court
The anti-money laundering law has been volleyed back and forth at the appeals level. Should businesses comply with its reporting requirements anyway?Inc. - Jan. 2 -
New Orleans attack: FBI believes suspect acted alone in ‘act of terrorism’
Investigators had initially suggested others may have been involved in New Year’s Day attack that killed 14 people. New Orleans truck attack – latest updates The FBI said on Thursday that it ...The Guardian - Jan. 2 -
FBI says suspect in New Orleans acted alone in ‘act of terrorism’ – live
FBI says attack not linked to Las Vegas Cybertruck explosion and says New Orleans surveillance video shows suspect planting two explosive devices at the scene. Full story – FBI believes suspect ...The Guardian - Jan. 2 -
New Orleans attacker acted alone, FBI now believes
The agency initially said it believed multiple people were involved the attack.BBC News - Jan. 2 -
New Orleans attacker acted alone, FBI says
FBI officials said they believe Shamsud-Din Jabbar acted alone in New Orleans in what they described as a terror attack inspired by ISIS. “Let me be very clear about this point, this was an act of ...The Hill - Jan. 2 -
UFC bold predictions for 2025: Islam Makhachev makes more history, big name signings join the promotion
The new year is set to kick off with plenty of interesting matchups that could see numerous champions dethronedCBS Sports - Jan. 2 -
Fears Grow of Islamic State's Re-Emergence in Syria
The group is looking to exploit Syria’s uncertain future to rebuild its influence—half a decade after U.S.-led forces broke its hold on swaths of territory and millions of people.The Wall Street Journal - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
A sharp rise in mortgage interest rates took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year.NBC News - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
Rising mortgage interest rates collided with the slowest month of the year for sales.CNBC - Jan. 2 -
‘The best abs I’ve ever had – but it hurt!’: the punishing rise of extreme pilates
Intense workouts like Solidcore and SLT are booming, one $43 class at a time. Are they making women stronger or feeding Ozempic-era expectations for thin bodies?. It’s lunchtime on a Wednesday and ...The Guardian - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Integrate? Europe’s Muslims are damned if we do and damned if we don’t | Shada Islam
The new allegation in Islamophobic discourse is that even Muslims who appear ‘well-integrated’ hate the west. Reporting on the rise of anti-Muslim hostility across Europe means repeatedly hearing ...The Guardian - Jan. 2 -
New Orleans truck attack that killed 15 being investigated as ‘act of terrorism’
Joe Biden said suspect in attack that also injured at least 30 expressed a ‘desire to kill’ in videos. At least 15 people have been killed and more than 30 injured after a vehicle flying an Islamic ...The Guardian - Jan. 2 -
FBI investigating New Orleans vehicle attack as 'act of terrorism'
Law enforcement officials gave an update on the investigation into the New Orleans vehicle attack, confirming it is being investigated as an "act of terrorism." An ISIS flag was located on the ...NBC News - Jan. 1 -
Trump calls New Orleans attack an 'act of pure evil' in statement
President-elect Trump released a statement on social media after a driver plowed into a crowd in New Orleans, calling the attack an "act of pure evil."NBC News - Jan. 1 -
FBI investigating deadly New Orleans truck attack as act of terrorism
The FBI is investigating the New Year's Day truck attack that killed at least 10 people in New Orleans as an act of terrorism. CBS News contributor Samantha Vinograd has more on the latest ...CBS News - Jan. 1 -
Iran’s brain drain is happening at an alarming rate
The country’s loss of human capital underscores systemic problemsFinancial Times - Jan. 1 -
Vehicle plowing into pedestrians in New Orleans was a deliberate act, officials say
Officials in New Orleans said at least 10 people were killed when a vehicle was deliberately driven into pedestrians celebrating New Year's Eve in Bourbon Street.NBC News - Jan. 1 -
7 rising Democratic leaders to watch
Democrats are scrambling for a new leader to head the party and organize resistance to President-elect Trump following Vice President Harris’s loss in November's election. Several top names have ...The Hill - Jan. 1 -
Number of migrants crossing Channel in small boats rises to 36,816
2024 was the deadliest year in the Channel, with 77 people known to have drowned trying to cross.BBC News - Jan. 1 -
Bus passengers in England face £1 fare cap rise
One leading lobby group said it would result in a "costly start" to 2025 for many bus passengers.BBC News - Jan. 1 -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
The Papers: Energy bills 'to rise further' and world rings in 2025
The energy price cap rise and New Years' celebrations make the front of Wednesday's papers.BBC News - Jan. 1