Latest in India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
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Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%ABC News - Jan. 23 -
Zack Steffen plays first US match in nearly 3 years in 3-0 friendly win over Costa Rica
Goalkeeper Zack Steffen played his first international match in nearly three years, Brian White and Caden Clark scored their first national team goals and the United States beat Costa Rica 3-0 in ...ABC News - Jan. 22 -
Birth rate in South Korea, the world's lowest, set to rise for the first time in nine years
South Korea’s birthrate is set to show a rise in 2024 for the first time in nine years, following a rebound in marriages that were delayed due to the pandemic.NBC News - Jan. 22 -
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Mortgage rates aren't likely to fall any time soon — here’s why
Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.CNBC - Jan. 21 -
Nearly half of toys sold under £15 as parents cut back
An "unsettled economy" is blamed for falling sales of toys for the third consecutive year.BBC News - Jan. 21 -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - Jan. 21 -
Wood returns for England's first T20 against India
Fast bowler Mark Wood will play for the first time since August in England's first T20 against India in Kolkata on Wednesday.BBC News - Jan. 21 -
India’s Economy Slows Down Just When It Was Supposed to Speed Up
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy.The New York Times - Jan. 21 -
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump's administration.CNBC - Jan. 20 -
Dick Vitale, now cancer-free, returning to broadcasting for first time in nearly 2 years
After numerous cancer battles, Vitale announced earlier this month his vocal cords are cancer-free.Yahoo Sports - Jan. 17 -
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - Jan. 17 -
China’s economy hits 5% growth target but rate among slowest in decades
Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics. Business live – latest updates China’s economy grew by 5% in 2024, in line with ...The Guardian - Jan. 17 -
First Horizon CEO says he's cautious about interest rate cuts in 2025
CNBC's Jim Cramer highlights the regional bank space, talking with First Horizon CEO Bryan Jordan.CNBC - Jan. 16 -
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.The New York Times - Jan. 16 -
California wildfires could slow the economy and boost inflation — and that’s not even the worst of it, economists say
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from 1980 to 2023.MarketWatch - Jan. 16 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - Jan. 16 -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
BoE may need to speed up rate cuts in coming year, policymaker says
Alan Taylor says stalling UK economy raises risks that five or six reductions will be neededFinancial Times - Jan. 15 -
Surprise fall in inflation boosts interest rate cut hopes
Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.BBC News - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.CNBC - Jan. 15 -
Kings' DeMar DeRozan reflects on time with Bulls upon return to Chicago: 'My three years here felt like 10'
DeRozan was 'humbled' to receive a standing ovation and video tribute in Chicago, where he played three seasonsCBS Sports - Jan. 13 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
ECB’s chief economist warns of too-low inflation if rates stay high
Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’Financial Times - Jan. 13 -
India’s Maha Kumbh Mela festival gets under way for first time in 144 years
The grand version of the 12-yearly Hindu pilgrimage is expected to draw more than 400 million devotees. The world’s largest religious gathering kicked off on Monday as millions of Hindu devotees ...The Guardian - Jan. 13 -
This is how we do it: ‘At 96, I’m enjoying real intimacy for the first time in my life. I feel like a teenager’
Both widowed and in their 90s, Elizabeth and Alfred are enjoying a passionate, loving relationship that belies their years How do you do it? Share the story of your sex life, anonymously . He ...The Guardian - Jan. 11 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
10-year Treasury yield drops for first time in five sessions during shortened trading
Treasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.MarketWatch - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
2025 NFL playoffs: Ranking the five teams most likely to win their first Super Bowl this postseason
Twelve teams have never won the Super Bowl, and five of them just made the playoffsCBS Sports - Jan. 8
