Latest in Federal Reserve cuts interest rate again
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Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
Federal appeals court upholds TikTok ban
A panel of federal judges voted unanimously to uphold a law that could ban TikTok in the United States if the app's Chinese parent company does not sell to an American owner. NBC News' Savannah ...NBC News - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - Dec. 6 -
NASA's Artemis moon mission delayed yet again
NASA's next two Artemis moon missions have been pushed back once again, with the first lunar landing in more than a half-century not scheduled to take place until at least mid-2027. NASA said the ...CBS News - Dec. 5 -
Blackburn unveils 'DOGE Acts' to cut spending, freeze federal hiring and salaries
Sen. Marsha Blackburn (R-Tenn.) has unveiled her “DOGE Acts” to cut spending and freeze federal hiring, as well as salaries. “Senator Blackburn is planning to introduce a package of bills – known ...The Hill - Dec. 5 -
NASA pushes back astronaut flights to the moon again
NASA has announced more delays in sending astronauts back to the moon more than 50 years after ApolloABC News - Dec. 5 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
Urban Meyer quashes speculation that he will return to Ohio State sideline: 'I have no interest in coaching again'
Meyer put out a response to 'reports' that he might replace Ryan Day, who is in hot water after a fourth straight Michigan loss.Yahoo Sports - Dec. 5 -
HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.CBS News - Dec. 5 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
The Teeny, Tiny Tee Is Back (Again)
Some people are buying actual kids’ shirts, but this time, that relic of ’90s and Y2K fashion is available in many more sizes.The New York Times - Dec. 5 -
Elon Musk-led effort to cut federal workforce risks stifling labour market
Plus, does Trump spell good news for bankers?Financial Times - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Effort to cut federal workforce takes aim at key US jobs engine
Government and healthcare have emerged as biggest source of American employment, particularly for knowledge workersFinancial Times - Dec. 5 -
Bengals place kicker Evan McPherson on injured reserve, sign Cade York to practice squad
Cincinnati has a shake-up at kickerCBS Sports - Dec. 4 -
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 -
E.P.A. Again Seeks Limits on a Harmful Pesticide
After a court overturned a ban, the agency has proposed restricting chlorpyrifos to 11 food crops, illustrating the limits of federal regulation.The New York Times - 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 -
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 -
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 -
Shamed into silence online: the sexualised, personal hate reserved for Somali women | Sahra Ahmed Koshin
Somali women who speak out on social media can expect fake nude images and degrading abuse. But some are fighting back. Social media has given Somali women the space to be free, to organise ...The Guardian - Dec. 4 -
Can Rahm Emanuel Flip the Script Again?
The former Clinton and Obama aide has a gift for constructing winning coalitions.The New York Times - 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 -
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 -
France is on the political brink — again
Toppling Barnier’s government would be a hefty gamble by Le PenFinancial Times - 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 -
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 -
49ers injury bug: Christian McCaffrey, Jordan Mason among those headed to injured reserve
San Francisco has been dealing with a rash of injuries -- and off-field tragedies -- all seasonCBS Sports - Dec. 2 -
49ers put running backs Christian McCaffrey, Jordan Mason on injured reserve
McCaffrey suffered a PCL injury during Sunday's loss to the Bills, while Mason went on IR with a high ankle sprain.Yahoo Sports - 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 -
Giants' Dexter Lawrence placed on season-ending injured reserve after injuring elbow vs. Cowboys
Things have gotten even worse for Big BlueCBS Sports - 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 -
Injured kicker becomes NFL's all-time leader in field goal accuracy while sitting on injured reserve
In a span of 90 minutes on Sunday, the title of most accurate kicker in NFL history changed hands twiceCBS Sports - 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 -
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