Fed cuts interest rates by quarter point despite firmer inflation

Knicks, Bucks among field in NBA Cup quarters

With the knockout rounds of the NBA Cup all set, there will be a new champion as well as an almost entirely different field than last year's inaugural version. In again this year are the New York ...

ESPN - Dec. 4

The positive flipside of rampant inflation

The biggest debt reduction scheme in history?

Financial Times - 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

Rail fares to rise despite renationalisation plans

Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.

BBC News - Dec. 4

Guéhi writes 'Jesus' on armband despite warning

Crystal Palace's Marc Guéhi wrote "Jesus loves you" on his rainbow-coloured captain's armband on Tuesday despite a reminder from the FA about religious messages.

ESPN - Dec. 4

Victim-support cut to be devastating, charity says

The cut follows government promises of stronger protections for victims of crimes such as stalking.

BBC News - Dec. 4

These parts of Trump's tax cut law expire in 2026

The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...

The Hill - 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 interview

Financial Times - Dec. 4

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 concludes

Financial Times - Dec. 4

Music sector workers to lose nearly a quarter of income to AI in next four years, global study finds

AI boom will enrich giant tech companies but creators’ rights and income will be drastically reduced unless policymakers intervene, report warns. Follow our Australia news live blog for latest ...

The Guardian - Dec. 4

A turning point for the dollar is coming

The short- and long-term prospects of the currency are at odds

Financial 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

Judge in Hunter Biden's tax case accepts pardon despite calling it 'unconstitutional'

Two days after President Biden issued a blanket pardon to his son Hunter Biden, the younger Biden's federal gun case has been terminated by the judge overseeing the case.

ABC News - Dec. 3

Wyshynski Awards for the season's first quarter

From best team to weirdest goal to most important document to the best bounce-back player and more!

ESPN - Dec. 3

Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance

Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.

CNBC - Dec. 3

US closes investigation into E. coli outbreak linked to onions in McDonald's Quarter Pounders

The federal government has closed its investigation into an E

ABC News - Dec. 3

Marvell forecasts fourth-quarter revenue above estimates on strong AI-backed demand

Marvell's shares have risen nearly 60% this year as Wall Street pours billions of dollars into AI-linked stocks, placing huge bets on the future of genAI technology. Demand for advanced chips that ...

Yahoo Sports - 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

Guehi writes on rainbow armband despite FA reminder

Crystal Palace captain Marc Guehi writes 'Jesus loves you' on his rainbow captain's armband for Tuesday's match at Ipswich Town.

BBC News - 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

How can I avoid paying interest on my credit card?

Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.

CBS News - Dec. 3

Israel, Hezbollah exchanging strikes despite ceasefire

Last week's ceasefire between Israel and Hezbollah is in a fragile spot with Israel on Monday launching its largest wave of airstrikes across Lebanon since agreeing to the deal. Israel's military ...

CBS News - Dec. 3

Week 13 Takeaways: Broncos continue to win despite uncharacteristic defensive lapse

NFL Nation reporters react to all the action, answering the biggest questions coming out of each game.

ESPN - Dec. 3

Biden’s Christmas present for Trump: Sticky inflation

President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.

The Hill - Dec. 3

Yemen's Houthis say they targeted Israel despite Lebanon ceasefire

Yahoo News - 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

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

Why Mets, other smart teams are interested in free agent Walker Buehler despite miserable 2024 MLB season

Buehler put up career-worst numbers during the regular season but that's not his whole story

CBS Sports - Dec. 3

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

Fighting resumes in eastern Congo despite ceasefire between army and rebels

Fighting between the Congolese army and the M23 rebel group has resumed in eastern Congo ahead of potential mediation talks

ABC News - Dec. 3

German job cuts darken mood of election campaign

Snap February poll comes as Europe’s largest economy faces its toughest challenges for decades

Financial Times - 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

Pres. Biden’s pardon for Hunter was always an ‘open’ option despite public denials

President Biden issues a full and unconditional pardon of his son Hunter Biden despite repeatedly insisting he would not do so. NBC News Correspondents Ken Dilanian and Mike Memoli report on the ...

NBC News - 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