Latest in Fed cuts interest rate for third time this year as economic uncertainty looms
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Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
NFC North teams dominating at a rate that hasn't been seen in the NFL in nearly 40 years entering Week 14
The Lions, Vikings and Packers are all Super Bowl contendersCBS Sports - Dec. 4 -
Trump nominates Peter Navarro as senior economic adviser
China hawk who served in president-elect’s first term was imprisoned for contempt of Congress over 2021 Capitol attackFinancial Times - Dec. 4 -
Mexico makes largest fentanyl bust as Trump’s tariff threat looms
Drugs seizure comes after US president-elect says he will impose levies if flow of narcotics is not haltedFinancial Times - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
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Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
France's political chaos casts long shadow over economic growth
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow," ING analysts said.CNBC - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.
Campbell’s Co. on Tuesday said its current chief executive would depart to take on a leadership role for the Washington Commanders NFL team, and the soup and snack maker reported mixed ...MarketWatch - Dec. 4 -
Former NFL QB Trent Dilfer to return for a third season as UAB's coach
The Blazers have won seven games over Dilfer's first two seasons.Yahoo Sports - Dec. 3 -
French government teeters on brink of collapse as no-confidence vote looms
Administration of Michel Barnier likely to fall after far-left and far-right opponents table motions. France is staring into the unknown as the minority government of the prime minister, Michel ...The Guardian - 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 -
With Threats to Encryption Looming, Signal’s Meredith Whittaker Says ‘We’re Not Changing’
At WIRED’s The Big Interview event, the president of the Signal Foundation talked about secure communications as critical infrastructure and the need for a new funding paradigm for tech.Wired - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Trump’s economic plans may encounter a problem many Americans know all too well: Crushing debt
None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.MarketWatch - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Economic hardship looms over Ghana as country readies for polls
Election is being contested between vice-president Mahamudu Bawumia and former president John Mahama, under whom corruption ballooned. When the Ghanaian opposition leader Nana Akufo-Addo won the ...The Guardian - Dec. 3 -
B1G Time: Oregon looks to cap Big Ten power trifecta in first season as Penn State looms in league title game
The Ducks are one win away from taking down Ohio State, Michigan and Penn State -- all in their first Big Ten seasonCBS Sports - 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 -
Third base not exactly flush with options if Phillies do trade Bohm
With little at third base in free agency after Alex Bregman, who would even be the Phillies' options if they trade Alec Bohm this offseason? Here are some candidates.Yahoo Sports - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
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Police address renewed interest in JonBenét Ramsey case
Netflix’s documentary series “Cold Case: Who Killed JonBenét Ramsey” that re-examines the 1996 killing of the 6-year-old is raising new hope among investigators to bring closure. Boulder police ...NBC News - Dec. 3 -
Senate showdowns loom over Biden appointees
Pete Hegseth met with Senators who will vote on whether he should become defense secretary in the new Trump administration. Over the weekend, the president-elect chose Kash Patel to be FBI ...NBC News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
Arsenal host holders Man Utd in FA Cup third round
Holders Manchester United are drawn away to record 14-time winners Arsenal in the third round of the FA Cup.BBC News - Dec. 2 -
Months of political instability loom as French government nears collapse
Prime Minister Michel Barnier's minority government's survival has always depended on the indulgence of its enemies.BBC News - Dec. 2 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
