Interest rates are dropping. Why so many investors are clinging to cash, CDs and savings accounts.
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BBC News - Top stories
The journey that helped save Nigeria's art for the nation
In the 1960s objects were gathered for the national museum, the question now is what to do with them.6 hours ago -
MarketWatch - Business
CDs paying 5% are a dying breed. Here’s how to find high savings rates while you still can.
Many 5% CDs are going away in the weeks after the Fed’s first interest-rate cut. Some have already disappeared.17 hours ago -
Inc. - Business
Leading Effective Meetings: Managing Challenges and Driving Accountability
When tensions arise, try to diffuse the situation.18 hours ago -
MarketWatch - Business
Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut
Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.19 hours ago - Federal Reserve -
Financial Times - Business
Bank of London to cut jobs as part of investor-led restructuring
Participants in a £42mn fundraising have pushed for changes at the fledging bank19 hours ago -
CBS Sports - Sports
Brian Flores to get another shot as head coach? Why many around NFL are optimistic about Vikings DC's chances
Multiple sources, however, shared their one hesitation with hiring Flores in the future19 hours ago - NFL -
MarketWatch - Business
The Fed rate cut scared me. Where should I invest my $127,000 in savings now?
This reader wonders whether CD rates, high-yield savings accounts and bond ladders are still smart moves, even if interest rates keep dropping.20 hours ago - Federal Reserve -
MarketWatch - Business
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main Street — is obsessing over.21 hours ago -
NBC News - Top stories
Disturbing ‘Diddy’ allegations paint a picture of a mogul whose fame shielded him from accountability
Combs’ public image projected wealth and achievement, but the indictment that led to his arrest paints a more sinister picture of his private life.21 hours ago -
The New York Times - Health
Drug Overdose Deaths Are Dropping. The Reasons Are Not Perfectly Clear.
The decrease across the country is a major breakthrough in efforts to reverse the effects of fentanyl. Researchers and health officials say there is no easy explanation for the trend.21 hours ago -
The New York Times - Top stories
Rivalries Are the Heart of College Football. But Many Are Going Away.
Upheaval within the Big Ten, Pac-12 and Southeastern Conferences has threatened some cherished rivalries, while rekindling others. In Oregon, the Civil War may soon be over.21 hours ago -
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Financial Times - World
Investors hope US rate cuts will provide lift for emerging market debt
Local currency bonds have lagged this year but Fed’s move is expected to ease pressure on developing nationsYesterday -
The Hill - Politics
Prosecutors drop weapons charge against Victoria Spartz
Local prosecutors dropped a weapons charge against Rep. Victoria Spartz (R-Ind.) for bringing a firearm to Dulles International Airport over the summer, court records show. Spartz was scheduled to ...Yesterday -
CBS News - Top stories
Did the interest rate cuts spark economic growth?
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent ...Yesterday -
CNBC - Business
What normalizing the yield curve means — and why investors should care
The shape it takes in the coming months and years is going to have massive implications for both Main Street and Wall Street.Yesterday -
CBS News - Top stories
3 big HELOC benefits to know as interest rates drop
A home equity line of credit can be particularly advantageous for borrowers now as interest rates drop. Here's why.Yesterday -
Financial Times - Business
Top Fed official would back more aggressive interest rate cuts if US data worsen
Influential governor Christopher Waller says inflation is falling more quickly than he expectedYesterday - Federal Reserve -
CBS Sports - Sports
Why did Arch Manning commit to Texas? How Longhorns won out over offers from Alabama, Georgia, many more
The most high-profile recruit we've seen committed to Texas on the heels of a 5-7 seasonYesterday -
Financial Times - Business
Has Powell just triggered a dash out of cash?
Analysts have long predicted some $6tn held in US money market funds might move into riskier assets like equitiesYesterday -
CBS News - Top stories
Will mortgage interest rates fall further in September?
Mortgage interest rates plunged to a 2-year low this week. But will they drop even further this month?Yesterday - Mortgage -
NBC News - Top stories
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to ...Yesterday -
Yahoo Sports - Sports
'Why Does The NHL Not Do 99s?': Connor McDavid Reacts To His New NHL 25 Rating
Edmonton Oilers captain Connor McDavid had a fitting and humourous reaction to his NHL 25 rating.Yesterday - NHL -
CBS News - Top stories
Will long-term CDs still be worth opening this October?
As interest rates decline, will long-term CDs still be worth opening? Here's what some experts think.Yesterday -
The Hill - Politics
The Fed finally cut interest rates — but let's not get too excited just yet
If you're running a small business, this cut in interest rates will have little impact.Yesterday - Federal Reserve -
ESPN - Sports
'He's a cat': Raya praised for stunning double save
Arsenal goalkeeper David Raya was hailed by his manager Mikel Arteta and Atalanta boss Gian Piero Gasperini after the Spaniard's miraculous double save earned his side a 0-0 draw in the Champions ...Yesterday -
ABC News - Top stories
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week. Will they do it again?Yesterday - Federal Reserve -
Financial Times - Business
Investors pile into OpenAI’s $6bn funding round in unprecedented bet
Venture groups believe ChatGPT-maker will eventually be the world’s dominant AI company and worth trillions of dollarsYesterday -
Financial Times - World
Abrdn to drop China from emerging markets fund
Manager says move is designed to give investors more choice as Chinese market lags behind rivalsYesterday - China -
Financial Times - World
BoJ holds interest rates and upgrades consumption outlook
Central bank forecasts Japanese economy will keep growing at a pace above its potential growth rateYesterday -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratingsYesterday -
The Guardian - World
The many stages of the university drop-off – the Stephen Collins cartoon
Continue reading...2 days ago -
CNBC - Business
Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.2 days ago -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage2 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.2 days ago -
BBC News - Top stories
Arsenal's Raya stops penalty with 'outstanding' double save
Arsenal goalkeeper David Raya stops Atalanta from going ahead with an "outstanding" double save, keeping out Mateo Retegui's penalty.2 days ago