How much would a $10,000 home equity loan cost monthly now that rates are cut

As the Fed cuts rates, here’s which CDs are actually increasing their APYs

The general trend since September has been lower CD yields, but some are going in the opposite direction

Business - MarketWatch - 6 days ago

Why the stock market can count on another Fed rate cut in December

The trend in short-term rates leading up to the U.S. presidential election usually persists.

Business - MarketWatch - 5 days ago

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 ...

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.

U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

Business - The New York Times - Yesterday

Collapsed London Capital & Finance operated as Ponzi scheme, court rules

High Court judge finds individuals connected with scandal liable for damages

Business - Financial Times - 16 hours ago

ECB cut rates to avoid damage to economy, meeting minutes show

Hawkish policymakers agreed with move because of a strengthening ‘disinflationary trend’

World - Financial Times - 13 hours ago

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 - 7 hours ago

Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.

Business - The New York Times - 8 hours ago

Fed Expected to Cut Rates Carefully Amid Inflation Pressures

Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.

Business - Inc. - 7 hours ago

The Papers: Justice cuts would be 'disaster' and 'special needs crisis'

The Budget to be set out next week and the soaring costs of special needs education lead the papers.

Biden administration has now canceled loans for more than 1 million public workers

A student loan cancellation program for public service workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden ...

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - November 7

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win

Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - Yesterday

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

Has sewage been released in rivers and the sea near you?

Companies can release raw sewage during bad weather, but the amount spilled has doubled in England.

How much food is Israel letting into northern Gaza?

Israel has been accused of deliberately withholding food aid from people in northern Gaza.

How much foreign influence is there in the U.S. election?

As Trump claims the U.K. Labour Party is meddling in the U.S. election, CBS News takes stock of foreign agent political donations, and who's behind them.

World - CBS News - October 24

How much money do U.S. senators make?

Congress has control over its own members' salary, but has kept their pay frozen for 15 years.

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