ICBC's Profit Slips as Low Rates Weigh

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 6 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 6 days ago

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

Business - The New York Times - Yesterday

What to know about the inflation report.

A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.

Top stories - The New York Times - 15 hours ago

Teen tobacco use falls to 25-year low as fewer pick up e-cigarettes

Tobacco product use among middle and high school students has dropped to a 25-year low, federal agencies announced Thursday.

Business - CNBC - October 17

US to probe Tesla's 'Full Self-Driving' system after pedestrian killed in low visibility conditions

The U.S. government’s road safety agency is investigating Tesla’s “Full Self-Driving” system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian

Tech - ABC News - October 18

US opens probe into Tesla 'Full Self-Driving' system after crash reports in low visibility and a pedestrian death

Tech - ABC News - October 18

Spirit Airlines extends debt refinancing deadline hours before expiration

Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.

Business - CNBC - October 18

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