Inflation Shows Signs of Easing Minus a Few Sticking Points
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Financial Times - Business
Fed cuts rates by half a point and signals era of easing has begun
US central bank’s decision marks milestone in two-year fight against inflation2 hours ago - Federal Reserve -
Financial Times - World
FirstFT: Fed easing cycle begins as focus moves to protecting jobs
Also in today’s newsletter, BoE rate decision and Hizbollah reels after twin attacks3 hours ago -
CNBC - Business
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.7 hours ago - Federal Reserve -
CBS News - Top stories
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.8 hours ago - Donald Trump -
BBC News - Top stories
What's the point of buying the latest smartphone?
It is the time of year when new handsets are unveiled, but they may offer only small improvements.8 hours ago -
Financial Times - World
Trump says half-point rate cut shows US economy is ‘very bad’
Former president adds that central bank could be ‘playing politics’ as it reduces interest rates ahead of election9 hours ago - Donald Trump -
Financial Times - World
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you10 hours ago -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...11 hours ago - Federal Reserve -
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 ...13 hours ago -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...13 hours ago - Federal Reserve -
CBS News - Top stories
Trump and Harris' views on inflation — their records and what they've said
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's views on combating high prices for Americans.14 hours ago - Donald Trump -
The Hill - Politics
Harris tops Trump by 1 point in Wisconsin: Survey
Vice President Harris leads former President Trump by 1 percentage point in Wisconsin, according to a survey released by the AARP and conducted by the bipartisan polling team Fabrizio Ward and ...14 hours ago - Donald Trump -
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.17 hours ago - Federal Reserve -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...17 hours ago - United Kingdom -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.18 hours ago - Federal Reserve -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.20 hours ago -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positive23 hours ago -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on ThursdayYesterday - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...Yesterday - United Kingdom -
The Guardian - World
Stamps, sticks and stories: looking for traces of baseball in North Korea
Like a trail of breadcrumbs, there are signs this most cherished of American sports may still be played in a country that calls itself the ‘biggest enemy’ of the US. How do you find evidence that ...Yesterday - North Korea -
The Guardian - World
Champions League: Kane scores four as Bayern put nine past Dinamo Zagreb
Bayern Munich 9-2 Dinamo Zagreb, Sporting 2-0 Lille Yildiz scores first goal of new format as Juve sink PSV Harry Kane scored four goals, including three penalties, to lead Bayern Munich to a ...Yesterday - UEFA Champions League -
The Hill - Politics
Hunter Biden asks to push back gun sentencing a few weeks
Hunter Biden, the president’s son, on Tuesday asked the judge overseeing his criminal gun case to push back his upcoming sentencing by a few weeks. Biden asked to move the scheduled Nov. 13 date ...Yesterday - Joe Biden -
GameSpot - Tech
John Cena Signs On For Mattel's Matchbox Movie
After making a cameo in Barbie as a merman version of Ken, WWE wrestler-turned-actor John Cena has set up his next Mattel movie... and he'll get to use his legs this time. Cena will star in a movie ...Yesterday - Entertainment -
CBS News - Top stories
With no sign of Kentucky shooting suspect, police strategy shifts
Kentucky officials are redirecting resources from their search for the suspect in a highway shooting to focus on protecting surrounding communities.Yesterday -
ABC News - Sports
Steelers sticking with Justin Fields at QB while Russell Wilson rehabs calf injury
Justin Fields will likely make his third straight start at quarterback when the Pittsburgh Steelers host the Los Angeles ChargersYesterday - NFL -
MarketWatch - Business
‘My mom still has his original will’: A few months before he died, my father went online and made a secret will, cutting off my mother. Can he do this?
“His new will leaves his estate to my two nieces, nephew, my sister and me.”Yesterday -
Inc. - Business
Corporate America Cares Less and Less About Inflation
Fewer S&P 500 companies are mentioning inflation during earnings calls ahead of the Fed's first rate cut.Yesterday -
BBC News - Top stories
Ten new signings to watch in the Women's Super League
BBC Sport picks out 10 new Women's Super League players who you should keep an eye on in the 2024-25 season.Yesterday -
CNBC - Business
New details of Trump family crypto project released, including who can buy in
World Liberty Financial is expected to operate as a crypto banking platform.2 days ago - Donald Trump -
Yahoo Sports - Sports
Panthers sticking with Young despite another ugly outing
Bryce Young will continue to start for Carolina, rookie coach Dave Canales says. Is it the right decision for Young or the Panthers?3 days ago