Homebuyers await mortgage relief after Federal Reserve's back to back rate cuts

Shaw back in Man Utd training after three months out

Manchester United defender Luke Shaw returns to training following three months out with injury.

Aaron Boone will be back as Yankees manager after club exercises option

Boone has managed the Yankees since 2018, leading them to the ALCS three times and the 2024 World Series.

Sports - Yahoo Sports - 6 days ago

Tesla hits $1tn market value after Musk-backed Trump win

Car company’s valuation saw sharp rally on growing bets CEO would reap the benefits of his support for president-elect. Tesla’s market value breached the $1tn mark in a sharp rally on Friday, on ...

World - The Guardian - 6 days ago

US forces strike Iran-backed targets in Syria after attacks on Americans

U.S. forces on Monday conducted nine strikes on Iranian proxy targets in Syria, a response to recent attacks on American personnel in the region, U.S. Central Command said in a statement. The ...

Politics - The Hill - 2 days ago

Ødegaard out of Norway games and back at Arsenal after ‘listening to body’

Midfielder started on Sunday for first time since August Norway manager says: ‘We cannot risk his health’ Arsenal’s captain, Martin Ødegaard, says he has “listened to my body” and returned home ...

World - The Guardian - 2 days ago

Awards Watch: Players the voters are backing after the first month of the season

Who are the leading candidates for the Hart, Norris, Vezina, Calder and more?

Sports - ESPN - 16 hours ago

RWE scales back €55bn renewables bet after Trump win

German power producer was already under pressure from shareholders to lift returns

World - Financial Times - Yesterday

ECB cuts interest rates to support flagging eurozone economy

Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown. Business live – latest updates The European Central Bank has intervened to ...

World - The Guardian - October 17

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%

World - ABC News - November 7

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...

Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls

World - ABC News - November 7

Watch live: Fed Chair Jerome Powell speaks after interest rate cuts

Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...

Politics - The Hill - November 7

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - November 7

'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory

The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald Trump's proposed global tariffs take hold, former Fed policymaker Loretta ...

Business - CNBC - 2 days ago

U.S. inflation rose 2.6% in October, a month after Fed's first rate cut

The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.

2-year Treasury yield jumps after the close, with Powell patient about rate cuts

The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank ...

Business - MarketWatch - 1 hour ago

What Trump’s Win Means for the Federal Reserve and Jerome Powell

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

Business - The New York Times - November 7

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

‘A disappointment to home buyers’: Mortgage rates surge to a two-month high

The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - October 17

Mortgage rates stay high, sapping home-buying demand

Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 23

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Business - MarketWatch - October 30

Mortgage rates rise to highest level since July due to these 3 reasons

Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.