How a 2024 Fed rate cut will affect mortgages, according to experts
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MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal Reserve -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack. -
CBS News - Top stories
How to talk to your kids about climate anxiety, according to an expert
Elizabeth Bagley shares tips for parents on how to navigate tricky conversations about climate change with their children.Climate -
CNBC - Business
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.Federal Reserve -
CNBC - Business
Bitcoin slides to two-month low as Fed signals it's not ready to cut rates yet
Bitcoin on Thursday fell below the $57,000 mark for the first time since May 1, according to data from crypto ranking site CoinGecko. -
MarketWatch - Business
U.S. economy and jobs market are showing cracks. Fed rate cuts are not far off.
Forget the summer heat: The economy appears to have caught enough of a chill that the Federal Reserve is likely to cut interest rates soon.Federal Reserve -
NBC News - Top stories
S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes
The S&P 500 rose to a new high on Friday, posting a record close as the latest jobs report reignited hopes for rate cuts from the Federal Reserve.Federal Reserve -
NBC News - Top stories
The best sleepers sofas, according to experts
To find the best sleeper sofas, we spoke with experts, including interior designers, for their guidance and product recommendation. Here’s what they say to look for when shopping. -
CNBC - Business
How to boost your EQ at the office—even if you work remotely, according to a career expert
Emotional intelligence can help you get ahead at work, but you'll have to work to show it if you work remotely, career experts say. -
The Wall Street Journal - World
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates.
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates. -
MarketWatch - Business
Is it possible to get a 5% mortgage rate? Yes, but here’s the catch.
Mortgage rates are hovering just below 7%, but there are ways for home buyers to get much lower rates. -
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CBS Sports - Sports
The best super shoes in 2024, according to a runner
I'm a runner, and I compared the top three super shoes of 2024 to figure out which one was the best. -
The Wall Street Journal - World
Metal Prices Mixed; Gold Slips Slightly But Base Metals Rise
Base metals prices were higher while gold futures ticked lower but broadly holding ground, supported by rising jobless claims, which weighed on investor belief in a still-hot U.S. labor market, SP Angel said. -
Financial Times - Business
ECB minutes reveal doubts over rate cut
Move to lower borrowing costs concerned many policymakers as inflation and wages moved in opposite direction -
The Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal Reserve -
MarketWatch - Business
Mortgage rates post biggest increase in two months, going back over 7%
Mortgage applications fell 2.6% in the last week, the Mortgage Bankers Association said.Mortgage -
ABC News - Top stories
Average rate on 30-year mortgage climbs for 1st time since late May to just under 7%
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May -
Yahoo Sports - Sports
How reported DeRozan addition affects Kings' NBA luxury-tax situation
Here's where the Kings' luxury-tax situation stands after Sacramento reportedly acquires six-time NBA All-Star DeMar DeRozan in a three-team sign-and-trade.NBA -
Inc. - Business
The Number 1 Mistake Companies Make When Expanding Abroad, According to a Business Development Expert
If you don't dedicate the right resources, you'll be at a disadvantage from the get-go. -
The Wall Street Journal - World
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
The Wall Street Journal - World
Saudi's Oil Price Cut to Asia Was Less Significant Than Predicted, DNB Says
Saudi Arabia’s price cut for its flagship Arab Light crude it sells to Asian customers was less significant than expected, according to DNB Markets. -
The New York Times - Business
Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year. -
CBS News - Top stories
Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
Employers added 206,000 jobs last month and the unemployment rate edged higher to 4.1%. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
The Wall Street Journal - World
Weak Labor Market to Offer Bank of Canada Comfort on July Rate Cut
A weak employment report for June should provide comfort to the Bank of Canada about following up June’s interest rate cut with another reduction in July, says CIBC Capital Markets. -
CBS News - Top stories
June jobs report signal possible interest rate cut later this year
The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department's Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers ... -
The Wall Street Journal - World
Case for September Rate Cut Builds After Slower Jobs Data
The U.S. economy added a solid 206,000 jobs last month. But the unemployment rate ticked up to 4.1%, a sign of slack in what has been a strong labor market. -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 99.83
The WSJ Dollar Index was down 0.2 to 99.83 — down for four consecutive trading days. -
BBC News - Top stories
Mortgage costs 'biggest challenge' for homeowners
The UK's biggest mortgage lender says the housing market remains "delicately balanced". -
Wired - Tech
How to Shop for a Smart Lock (2024)
Here’s everything you need to know as you navigate the world of smart and digital locks for your front door. -
CBS Sports - Sports
2024 John Deere Classic picks, predictions, odds, field: Golf expert fading Jordan Spieth at TPC Deere Run
Sia Nejad reveals his John Deere Classic 2024 picks, props and sleepers for this week's PGA Tour event in Illinois -
CBS Sports - Sports
Argentina vs. Ecuador prediction, odds, start time: Copa America 2024 quarterfinal picks from soccer expert
Jon Eimer has locked in his picks and best bets for Thursday's 2024 Copa America quarterfinal clash between Ecuador and Argentina as Lionel Messi hopes to return to the lineup -
CBS Sports - Sports
Nathan's Hot Dog Eating Contest 2024 odds, time, prop bets: Picks, predictions from top betting expert
SportsLine betting expert Matt Severance reveals his 2024 Hot Dog Eating Contest picks for Thursday's contests at Coney Island without Joey Chestnut -
CBS Sports - Sports
France vs. Portugal prediction, odds, start time: UEFA Euro 2024 quarterfinal picks from proven soccer expert
Jon Eimer has locked in his best bets for Friday's Portugal vs. France matchup in the Euro 2024 quarterfinals -
CBS Sports - Sports
Spain vs. Germany prediction, odds, start time: 2024 UEFA Euro quarterfinal picks from top soccer expert
Martin Green has locked in his best bets for Friday's Germany vs. Spain matchup in the Euro 2024 quarterfinals -
CBS Sports - Sports
Canada vs. Venezuela prediction, odds, time: 2024 Copa America quarterfinal picks from proven soccer expert
Brandt Sutton has locked in his best bets for Friday's Venezuela vs. Canada showdown in the quarterfinals of Copa America 2024 -
CBS Sports - Sports
Colombia vs. Panama prediction, odds, time: 2024 Copa America quarterfinal picks, bets by proven soccer expert
Brandt Sutton has locked in his best bets for Saturday's Panama vs. Colombia showdown in the quarterfinals of Copa America 2024