Latest in Fed buoys dollar and rattles equity markets
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It’s time to sell the U.S. dollar, Morgan Stanley says
Morgan Stanley’s analysts said much of the good news for USD has already been priced in to the value of America’s currency, meaning investors may have an opportunity to make a pain trade.MarketWatch - Dec. 9 -
How to get a low home equity loan rate for 2025
Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.CBS News - Dec. 6 -
How South Korea’s army was rattled by president’s martial law order
Politicians, advisers and diplomats suggest military’s hesitant response derailed Yoon Suk Yeol’s planFinancial Times - Dec. 6 -
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Magnitude 7.0 earthquake rattles Northern California
A major magnitude 7.0 earthquake struck off the coast of Humboldt County in Northern California on Thursday morning. It triggered a brief tsunami warning for Northern California and Southern Oregon ...CBS News - Dec. 5 -
Earthquake rattles coast of California and triggers brief tsunami warnings
An earthquake with a preliminary 7.0 magnitude struck just off the coast of Northern Carolina, rattling a large area along the coast. The quake caused minor damaged and briefly triggered tsunami ...NBC News - Dec. 6 -
Magnitude 7.0 earthquake rattles northern California
Quake triggered a tsunami warning for at least 5.3 million Californians, which was later withdrawn. A large earthquake struck the northern California coast on Thursday morning, rattling communities ...The Guardian - Dec. 6 -
A Spate of Vandalism Rattled Estonia. Russia Was to Blame, Officials Say.
Several people were convicted in connection with small acts of vandalism carried out at the behest of Russia’s military intelligence service, prosecutors announced Thursday.The New York Times - Dec. 5 -
Trump’s Threats About the Dollar Could Push Other Countries to Find Alternatives
President-elect Donald J. Trump threatened to impose tariffs on countries that seek to replace the dollar in trade or undermine its global reserve currency status.The New York Times - Dec. 5 -
7.0 Earthquake Rattles Northern California and Prompts Tsunami Warning
The authorities said they were surveying for signs of damage.The New York Times - Dec. 5 -
Sports betting wins narrow approval in Missouri after high-dollar campaign
Fans in Missouri will be able to bet on sports next year under a ballot measure that narrowly won approvalABC News - Dec. 5 -
Dollar General tests same-day delivery as discounter chases Walmart
Dollar General is testing same-day delivery to customers’ homes as the deep discounter tries to fend off fiercer competition with Walmart.NBC News - Dec. 5 -
Dollar General tests same-day delivery as discounter chases Walmart
Dollar General has felt pressure as Walmart, Amazon and others offer more digital ways to shop along with low prices.CNBC - Dec. 5 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
Why you should get a home equity loan for 2025
A home equity loan can be a smart financial tool for homeowners heading into 2025. Here's why.CBS News - Dec. 4 -
Why ‘Dollar’ Discount Chains Struggle to Lure Penny-Pinching Shoppers
Despite offering inflation-weary consumers low prices and good value, Dollar General, Dollar Tree, and Family Dollar are losing customers to big-box rivals with better mobile shopping options.Inc. - Dec. 4 -
South Korea's short-lived martial law declaration rattled markets. Here's what's next for stocks
An extraordinary political drama in South Korea is likely to compound an already gloomy outlook for Asia's fourth-largest economy, analysts say.CNBC - Dec. 4 -
Global investigation exposes alleged billion-dollar Russian money-laundering network
UK and foreign law enforcement agencies say networks laundered cash and cryptocurrencies for organised crime gangs across the west. Operatives said to be behind a billion-dollar Russian ...The Guardian - Dec. 4 -
Investors signal a return to UK equities
November was the first month for over three years that money came back into British stocksFinancial Times - Dec. 4 -
Dollar Tree CFO Departs; Raises Full-Year Sales View
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...The Wall Street Journal - Dec. 4 -
Nobody wants to be short this market: “equity repo” edition
Cozzie livs? More like cozzie levsFinancial Times - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
A turning point for the dollar is coming
The short- and long-term prospects of the currency are at oddsFinancial Times - Dec. 4 -
The world’s best food markets
FT writers and editors choose their favourite places to stock up on great local produceFinancial Times - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
American families will be big losers if the world ditches the dollar. Here’s what’s at stake.
Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy.MarketWatch - Dec. 3 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here’s why
Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week.CNBC - Dec. 3 -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here's why
As shoppers look for value, dollar stores might seem to be logical destinations.NBC News - Dec. 3 -
Meet Jahkeem Stewart, the coveted five-star and a multimillion-dollar gamble
He's 17 and thinks he's ready to dominate. Where he goes is a huge signing day question.ESPN - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
Trump's Threat Over an Imaginary Currency Risks Backfiring on the U.S. Dollar
After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.The Wall Street Journal - Dec. 3 -
What are the BRICS countries — and are they really trying to leave the dollar like Trump says?
In his latest trade-related tirade, President-elect Donald Trump has set his sights on a group of emerging-market countries collectively known as the “BRICS.”MarketWatch - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Musk's Multibillion-Dollar Pay Package Is Rejected Again by Judge
Tesla’s board had argued that a shareholder vote earlier this year addressed the court’s previous criticisms.The Wall Street Journal - Dec. 2 -
Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - Dec. 2 -
2 safe ways to use home equity this December (and 2 dangerous ones)
Home equity can be a helpful source of funding (or a dangerous one) if used in these ways this December.CBS News - Dec. 2