ICBC's Profit Slips as Low Rates Weigh
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The New York Times - World
They Said the Virgin Mary Appeared. The Vatican Is Finally Weighing In.
After decades, and controversy, the Vatican has authorized public worship at a shrine in Bosnia, where a once tranquil village has become a major pilgrimage site.2 hours ago -
The Hill - Politics
Voters weigh switch to open primaries amid concerns over political polarization
At least half a dozen states could decide on major changes to their election systems this fall, as organizers push for revamps that would do away with traditional party contests in favor of open, ...2 hours ago -
MarketWatch - Business
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
Mortgage applications rose 14.2% in the last week, the Mortgage Bankers Association said.2 hours ago - Mortgage -
MarketWatch - Business
Britain’s top clothes seller Next lifts profit guidance again
Next’s sales were boosted by surging sales in its overseas businesses including in the U.S. and India3 hours ago -
Financial Times - Business
Next lifts profit forecast to nearly £1bn as retailer defies high street malaise
Retail bellwether raises outlook for second time since August4 hours ago -
MarketWatch - Business
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
Here’s what the Federal Reserve’s interest-rate cut means for mortgage rates.8 hours ago - Mortgage -
MarketWatch - Business
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.14 hours ago - Federal Reserve -
CNBC - Business
Trump Media stock closes at new postmerger low on eve of 'lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before "lockup" restrictions on selling company stakes expires.15 hours ago - Donald Trump -
The Hill - Politics
Trump weighs in on Fed rate cut during stop at Manhattan bitcoin bar
Former President Trump on Wednesday said the Federal Reserve's decision to cut interest rates showed the economy was struggling, or the central bank was "playing politics." Trump made a stop at ...15 hours ago - Donald Trump -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...15 hours ago - Federal Reserve -
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.17 hours ago -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...18 hours ago -
NBC News - Top stories
Weekly mortgage demand surges 14% as interest rates hit two-year low
Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing.20 hours ago - Mortgage -
CBS News - Top stories
Mortgage rates plunge to 2-year low: Should you lock a rate now?
With mortgage rates trending downward, it could make sense to lock in a loan rate now. Here's why.20 hours ago - Mortgage -
Financial Times - Business
EU weighs expanding sanctions on exports to Russia
Officials consider proposal to crack down on shipments to Moscow from European company subsidiaries based overseas21 hours ago - European Union -
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 legacy23 hours 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.Yesterday -
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.Yesterday - Mortgage -
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.Yesterday -
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.Yesterday - United Kingdom -
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 ...Yesterday -
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 ...Yesterday -
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 greenbackYesterday -
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 MahomesYesterday -
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.Yesterday -
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 ...Yesterday -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge divisionYesterday -
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.Yesterday -
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.Yesterday -
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.Yesterday -
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 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.2 days ago -
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 January2 days ago -
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.2 days ago