Fed Chairman Powell is on the brink of winning the inflation battle without a recession, but the next few months will be crucial.
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CBS News - Top stories
Best deals on meal kits this month
Save with the best deals on meal kits available this month.1 hour ago -
MarketWatch - Business
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.2 hours ago - Federal Reserve -
MarketWatch - Business
Bond market gets a Fed wake-up call after pricing in a recession
Long-term yields rose even though the Federal Reserve took a big bite out of interest rates on Wednesday. Here’s why.2 hours ago -
CNBC - Business
Powell downplays impact of rate cut on Trump-Harris presidential race
Vice President Kamala Harris and former President Donald Trump are each fighting to persuade voters they are best candidate for the U.S. economy.3 hours ago - Donald Trump -
MarketWatch - Business
Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.3 hours ago - Crypto -
GameSpot - Tech
Official Mass Effect Cocktail Recipe Book Releases Next Month
The drinks from iconic Mass Effect locations like the Afterlife Club and Chora's Den are (almost) finally within reach thanks to Mass Effect: The Official Cocktail Book , a book of drink and snack ...4 hours ago -
The Hill - Politics
Powell pushes back on suggestion Fed got behind in rate cuts
The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point cut over the course of its remaining two meetings this year, signaling a ...4 hours ago - Federal Reserve -
NBC News - Top stories
Biden hosts reception in celebration of Hispanic Heritage Month
Watch live coverage as President Biden hosts a reception at the White House in celebration of Hispanic Heritage Month.5 hours ago - Joe Biden -
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 ...5 hours ago - Federal Reserve -
CBS News - Top stories
How much will an $850,000 mortgage cost per month?
Monthly payments on an $850,000 mortgage loan could fall in the weeks and months ahead. Here's what to know now.5 hours ago -
NBC News - Top stories
Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the ...6 hours ago - Federal Reserve -
The New York Times - Business
Fed’s Interest Rate Cut Would Cap a Winning Streak for Harris and Biden on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.6 hours ago - Joe Biden -
The Hill - Politics
Watch live: Fed Chair Jerome Powell speaks on interest rates, economy
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) has ...7 hours ago - Federal Reserve -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.10 hours ago - Federal Reserve -
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 ...10 hours ago - United Kingdom -
BBC News - Top stories
Archer to play first England ODI in 18 months
Fast bowler Jofra Archer will play his first ODI since March 2023 when England face Australia at Trent Bridge on Thursday.11 hours ago -
The New York Times - Sports
What’s Next for Rafael Nadal?
The Grand Slams are over for this year, but Nadal’s fitness and Carlos Alcaraz’s pursuit of the No. 1 ranking remain major storylines.11 hours ago -
MarketWatch - Business
How the Fed’s rate decision could unravel a big bond-market recession bet
The stakes for investors are running high ahead of a historic rate cut expected from the Federal Reserve on Wednesday.11 hours ago -
MarketWatch - Business
The unemployment measure you’ve never heard is flashing a recession warning
It may be a puzzle as to why the Fed is cutting at all when the economy is far from recession. One indicator suggests an answer.12 hours ago -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.12 hours ago - Federal Reserve -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on Thursday17 hours ago - United Kingdom -
BBC News - Top stories
The Papers: 'Exploding pager hell' and 'Middle East on brink'
Wednesday's front pages focus on an attack involving exploding pagers injuring thousands in Lebanon.20 hours ago -
The Hill - Politics
Hunter Biden asks to push back gun sentencing a few weeks
Hunter Biden, the president’s son, on Tuesday asked the judge overseeing his criminal gun case to push back his upcoming sentencing by a few weeks. Biden asked to move the scheduled Nov. 13 date ...Yesterday - Joe Biden -
CBS Sports - Sports
Victory over Tennessee crucial for Brent Venables? Why Oklahoma coach is (and isn't) facing must-win scenario
The Sooners host their first ever SEC conference game with a familiar face returning on the opposite sidelineYesterday -
Financial Times - World
Market speculation about the next Fed rate cut masks deeper issues
Even so, perma-critics of the US central bank are cracking their knuckles in anticipationYesterday - Federal Reserve -
MarketWatch - Business
‘My mom still has his original will’: A few months before he died, my father went online and made a secret will, cutting off my mother. Can he do this?
“His new will leaves his estate to my two nieces, nephew, my sister and me.”Yesterday -
CBS Sports - Sports
WNBA Rookie Rankings: Caitlin Clark closing regular season at No. 1; looking back at Cameron Brink's hot start
With the regular season days away from its conclusion, this marks the final Rookie Rankings of 2024Yesterday -
ABC News - World
Doctors Without Borders closes operations in Russia
Doctors Without Borders says it has closed its operations in Russia after 32 yearsYesterday - Russia -
Inc. - Business
Corporate America Cares Less and Less About Inflation
Fewer S&P 500 companies are mentioning inflation during earnings calls ahead of the Fed's first rate cut.Yesterday -
The Guardian - World
Justin Trudeau under pressure as his party loses Montreal election
Victory by separatist Québécois candidate in once-safe Liberal seat raises questions over Canadian PM’s leadership. Canada’s ruling Liberal party has lost a once-safe seat in Montreal, a result ...Yesterday -
BBC News - Top stories
Raducanu battles to win over Stearns at Korea Open
Britain's Emma Raducanu earns a hard-fought win in a "tough" match against Peyton Stearns in the first round of the Korea Open.Yesterday - US Open -
ABC News - World
Many in Indian-controlled Kashmir plan to vote this time to deny Modi total control
For decades, boycotting elections in Indian-controlled Kashmir was a sign of protest against Indian ruleYesterday -
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ABC News - Sports
White Sox on 3-game winning streak for first time in nearly 3 months after beating Angels 8-4
Andrew Benintendi homered twice for the third time this season and drove in four runs, and the Chicago White Sox beat the Los Angeles Angels 8-4 for their first three-game winning streak in nearly ...Yesterday - MLB -
CNBC - Business
New details of Trump family crypto project released, including who can buy in
World Liberty Financial is expected to operate as a crypto banking platform.Yesterday - Donald Trump