Latest in Home Depot earnings sweep past estimates, but interest rates pressure home remodeling
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How the interest rate cut from the Fed could affect you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...Top stories - CBS News - 6 days ago -
Here's how far HELOC interest rates have dropped this year
HELOC interest rates have dropped by a significant margin since January. Here's what borrowers should know now.Top stories - CBS News - 6 days ago -
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.Politics - NBC News - 3 days ago -
Why mortgage interest rates may drop again this week
Could mortgage interest rates head back down again this week? Here's why they could.Top stories - CBS News - 3 days ago -
Inflation's up again. Here's what it could mean for mortgage interest rates.
Inflation ticked back up to 2.6% in October. Here's what that rise could mean for mortgage rates.Top stories - CBS News - Yesterday -
Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...Top stories - CBS News - Yesterday -
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 youWorld - Financial Times - Yesterday -
Will credit card interest rates increase now that inflation is climbing?
Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.Top stories - CBS News - Yesterday -
Inflation rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.Top stories - CBS News - Yesterday -
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.Business - MarketWatch - 3 hours ago -
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.Business - CNBC - 3 hours ago -
Powell says Fed in no ‘hurry’ to lower interest rates further
Central bank chair warns path to a reduction in inflation will be ‘bumpy’Business - Financial Times - 3 hours ago -
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.Business - CNBC - October 29 -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - October 29 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - October 30 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - October 31