Fed Governor Bowman explains dissent on rate vote, says she's worried about inflation
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NBC News - Politics
In a blow to Trump, Nebraska governor will not call a special session to change state's electoral votes
Nebraska GOP Gov. Jim Pillen announced Tuesday he will not call a special legislative session to change how the state allocates its electoral votes.21 minutes ago -
NBC News - Top stories
In a blow to Trump, Nebraska governor will not call a special session to change state's electoral votes
Nebraska GOP Gov. Jim Pillen announced Tuesday he will not call a special legislative session to change how the state allocates its electoral votes.21 minutes ago -
CBS News - Top stories
Will the Fed rate cut lower your credit card debt?
With credit card rates at a record high, any potential relief would be welcome news for millions of cardholders.1 hour ago - Federal Reserve -
MarketWatch - Business
The Fed’s 50-point rate cut poses risks for retirees
Will inflation stage a comeback?1 hour ago -
MarketWatch - Business
Fed’s Bowman says inflation remains a concern despite recent progress
“While it has not been my baseline outlook, I cannot rule out the risks that progress on inflation could continue to stall,” Fed Gov. Michelle Bowman said.2 hours ago -
CNBC - Business
Fed Governor Bowman explains dissent on rate vote, says she's worried about inflation
No governor had dissented from an interest rate decision since 2005.2 hours ago - Federal Reserve -
CBS News - Top stories
How closely do mortgage interest rates tend to follow the Fed's rate decisions?
The Federal Reserve doesn't set mortgage rates, but its interest rate decisions may influence them.2 hours ago - Mortgage -
CBS News - Top stories
Will mortgage rates drop in October without a Fed meeting?
Mortgage rates are in the 6.00% range now, but could that change? Here's what could happen in October, experts say.3 hours ago - Mortgage -
NBC News - Top stories
Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week’s half percentage point interest rate cut as she worries ...4 hours ago - Federal Reserve -
CNBC - Business
Fed's jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says
The Fed's move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to Goldman's chief financial officer.7 hours ago -
The Hill - Politics
Biden administration gets boost from Fed rate cut
The Biden administration is touting its confidence in the economy after a Federal Reserve interest rate cut spurred a stock market rally. Markets popped last week after the Fed cut interest rates ...7 hours ago - Joe Biden -
Financial Times - World
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you9 hours ago -
The Guardian - World
UK interest rates will fall ‘gradually’, predicts Bank of England governor; China launches stimulus blitz – business live
Rolling coverage of the latest economic and financial news. Andrew Bailey has also been quizzed about fears in Kent that Brexit border checks will cause disruption in and around Dover. . Bailey ...10 hours ago - United Kingdom -
The New York Times - Top stories
What Nebraska’s Electoral Votes Reveal About the Constitution
Can we fix the Constitution before it destroys us?16 hours ago -
MarketWatch - Business
Investors clinging to cash face these two risks as the Fed cuts interest rates, researchers say
Researchers looked at how much $1 million invested in cash versus stocks would have earned over almost 100 years.17 hours ago - Federal Reserve -
The Guardian - World
Democrats worried about polls undercounting Donald Trump’s support
Prospects of ex-president’s victory could be higher as some Harris supporters unnerved by small lead in swing states. Democrats are increasingly worried that pollsters are undercounting Donald ...21 hours ago - Donald Trump -
MarketWatch - Business
Treasury yields end above one-year lows as traders ramp up ‘soft landing’ bets
Yields on long-dated Treasurys drifted higher on Monday as traders bet that the Federal Reserve would deliver the “soft landing” that investors have been hoping for.21 hours ago -
CBS News - Top stories
6 things that impact mortgage interest rates (besides the Fed)
The Fed rate decisions are just one factor that drives mortgage rates. Here's what else can have an impact.21 hours ago - Mortgage -
CBS News - Top stories
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.21 hours ago -
BBC News - Top stories
Winter fuel vote delay an outrage, says union
A vote on reversing the cut had been expected to take place on Monday but could now be pushed back to Wednesday.23 hours ago -
Inc. - Business
The Fed Calls Inflation Fight a Success. When Will the Public Notice?
Polls show most Americans are still deeply unhappy about the economy, despite a slowdown in rising prices.Yesterday - Federal Reserve -
NBC News - Top stories
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction.Yesterday - Federal Reserve -
CNBC - Business
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased policy by a half percentage point last week.Yesterday - Federal Reserve -
Financial Times - World
Fed rate cuts should boost corporate America’s buyback binge
No one wants to end up paying more for a poorer-quality companyYesterday - Federal Reserve -
CNBC - Business
How to find great returns on cash after the Fed cut: Rates won't 'go from awesome to awful overnight,' expert says
Even after the Federal Reserve pushed interest rates lower this week, experts say cash savers should shop around for the best returns.Yesterday -
The Hill - Politics
Comer says Harris should prove she's a gun owner by telling Americans 'what type' she has
Rep. James Comer (R-Ky.) said Sunday that Vice President Harris should prove she’s a gun owner by telling Americans “what type of gun she has.” “Well, look, I don't think anyone believes that ...Yesterday -
Financial Times - Business
Fed’s high-rates era handed $1tn windfall to US banks
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds2 days ago -
BBC News - Top stories
Nadiya Hussain says she felt constant pressure to prove Britishness
Cook Once, Eat Twice host Nadiya Hussain talks Bake Off, anxiety and the joys of eating banana peel.2 days ago -
MarketWatch - Business
Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut
Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.3 days ago - Federal Reserve -
MarketWatch - Business
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
Michelle Bowman was the first Federal Reserve governor to dissent from an interest-rate decision since 2005.3 days ago - Federal Reserve -
MarketWatch - Business
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main Street — is obsessing over.3 days ago -
CNBC - Business
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Waller told CNBC that the data is showing core inflation in the Fed's preferred measure is running below 1.8%3 days ago - Federal Reserve -
CBS News - Top stories
Should you borrow home equity now that the Fed has cut rates?
It could be a smart time to borrow from your home's equity — but you should consider a few factors first.3 days ago - Federal Reserve -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.3 days ago - Federal Reserve -
CBS News - Top stories
Should you buy a home after the Fed's big rate cut?
There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.3 days ago -
The Guardian - World
Mohamed Al Fayed accuser says she ‘walked into a lion’s den’
Sexual abuse survivors say working for late former Harrods owner involved ‘deceit, lies and humiliation’. A survivor of Mohamed Al Fayed’s sexual abuse has given a harrowing account of her ...4 days ago -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.4 days ago -
ABC News - Top stories
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week. Will they do it again?4 days ago - Federal Reserve -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.4 days ago - China