ICBC's Profit Slips as Low Rates Weigh
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ABC News - Entertainment
What will become of Sean 'Diddy' Combs' musical legacy? Experts weigh in following his indictment
Sean “Diddy” Combs is widely recognized as one of the most influential figures in hip-hop, but his indictment Tuesday on sex trafficking and racketeering charges further clouds his legacy17 minutes ago -
CNBC - Business
Will the U.S. elections impact crypto markets? Insiders weigh in
Crypto insiders on Wednesday downplayed the importance of of the U.S. presidential race on the market at the annual TOKEN2049 event in Singapore.1 hour ago -
MarketWatch - Business
General Mills profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock was down 2.7% in premarket trading on Wednesday after the packaged food giant said its first-quarter profit fell 14% due to inflation and pressure on margins.1 hour ago -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.1 hour ago - Mortgage -
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The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.2 hours ago -
BBC News - Top stories
Inflation remains above Bank of England target at 2.2%
Lower fuel prices helped offset the higher cost of flying in the year to August.2 hours ago -
MarketWatch - Business
Media mogul Byron Allen sells stunning Aspen mansion for $60 million, at a nice profit
The CEO of the largest privately held media company in the U.S. reportedly bought the property four years ago for $27 million.4 hours ago -
MarketWatch - Business
Treasury yields hold just above recent lows ahead of Fed rate cut
Bond yields little changed as traders waited to see whether Fed would begin its rate-cutting cycle with a 25 or 50 basis point reduction.4 hours ago - Federal Reserve -
BBC News - Top stories
UK aid spend may hit 17-year low, charities warn
Charities fear Chancellor Rachel Reeves will slash £2bn from overseas aid at next month's Budget.5 hours ago - United Kingdom -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.8 hours ago - Federal Reserve -
CBS News - Top stories
Pennsylvania struggling with low energy prices amid 2024 fracking focus
Vice President Kamala Harris and former President Donald Trump have focused on fracking, the process of injecting fluid into underground rock formations to extract oil and gas, in their respective ...12 hours ago -
CBS News - Top stories
Border encounters up slightly in August, but apprehensions remain low
Encounters at the southern border rose slightly in August, but apprehensions are still around their lowest level in four years, according to data from Customs and Border Protection. CBS News ...12 hours ago -
Financial Times - Business
US dollar trades in the doldrums as rates and data weigh on outlook
Appreciation of other major currencies such as yen and pound has put downward pressure on the greenback15 hours ago -
BBC News - Top stories
Unlawful care homes ‘profiteer’ from at-risk kids
Placing children with complex needs in care threatens to bankrupt some councils, the Family Court is told.16 hours ago -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.16 hours ago - Federal Reserve -
CBS Sports - Sports
Kareem Hunt's return messes up Carson Steele's plans to replace Pacheco, but the real buy-low is Travis Kelce
Wait as long as you can to put in your waiver claims for Chiefs RBs, but make trade offers for Travis Kelce and Patrick Mahomes17 hours ago -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.17 hours ago -
NBC News - Top stories
OceanGate CEO put profits over safety ahead of Titan's fatal voyage, ex-employee says
In a desire to get a working submersible to the Titanic wreck site as fast as possible, the Titan was built at a risk to safety, with cost-cutting measures and poor engineering permitted by CEO ...18 hours ago -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge division20 hours ago -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.20 hours ago -
CBS News - Top stories
How far will mortgage interest rates drop this week?
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.21 hours ago - Mortgage -
MarketWatch - Business
Deckers stock split takes hold and shares slip
Shares of Ugg and Hoka parent Deckers Outdoor Corp. are down Tuesday after the shoe company’s six-for-one stock split took hold.21 hours ago -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown23 hours ago -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.23 hours ago -
CBS News - Top stories
Is debt relief worth it as interest rates drop? Experts weigh in
Interest rates on credit cards and loans may begin to drop. So should borrowers still use debt relief services?Yesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Banks, Stocks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
Inc. - Business
Why Company Growth Rate Equals Career Opportunity Rate
Your company's growth rate is a valuable talent retention tool.Yesterday -
The New York Times - Business
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what lowered interest rates will mean for your car loans, credit cards, mortgages, savings and student loans.Yesterday - Federal Reserve -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday -
ABC News - Entertainment
Emmy Awards ratings up more than 50%, reversing record lows
The Emmys telecast on ABC reached nearly 7 million viewers, a jump of more than 50% from the record low of the last ceremony in JanuaryYesterday -
CNBC - Business
E.l.f. Beauty CEO says low prices have helped company thrive as cosmetics industry slows
E.l.f. Beauty CEO Tarang Amin told CNBC's Jim Cramer on Monday the budget-conscious nature of the products has helped the company perform well.Yesterday