Investors cheer a soft landing scenario after Fed’s big rate cut. But they’re still keeping their guard up for a downturn.
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CBS News - Top stories
Should you borrow home equity now that the Fed has cut rates?
It could be a smart time to borrow from your home's equity — but you should consider a few factors first.2 days ago - Federal Reserve -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.2 days ago - Federal Reserve -
CBS News - Top stories
Should you buy a home after the Fed's big rate cut?
There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.2 days ago -
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 expected2 days ago - Federal Reserve -
ABC News - World
Greek Coast Guard chases boat close to Turkish coast in a potential diplomatic incident
A Greek Coast Guard boat's pursuit of an inflatable dinghy to within a few dozen yards of the Turkish coast threatens a diplomatic incident between the neighbors2 days ago -
CBS Sports - Sports
NBA's top 10 guards, ranked: Shai Gilgeous-Alexander ascending as Mavericks backcourt gets two nods
This ranking includes point, shooting and combo guards2 days ago -
CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 6% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.2 days ago -
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 ...2 days ago -
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.2 days ago - Federal Reserve -
CBS News - Top stories
Israel conducts "targeted strike" in Beirut after U.S. warns against escalation
The White House earlier warned both Israel and the Iran-backed Hezbollah group against "escalation of any kind" following pager and walkie talkie explosions targeting Hezbollah members.2 days ago - Israel -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.2 days ago -
MarketWatch - Business
The Fed spurred a big rally in Nvidia and other chip stocks. Is it sustainable?
Fed commentary could give a further shot in the arm to AI names that have been market leaders, but the broader semiconductor sector still faces challenges and skepticism.2 days ago -
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?2 days ago - 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 dollars2 days ago -
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 ratings2 days ago -
CNBC - Business
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.2 days ago - Japan -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.2 days ago - China -
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
Coffee producers fear being cut off from EU by new land protection law
Drinks company JDE Peets pleads for year’s delay on ban on supplies from deforested areas over lack of guidelines2 days ago - European Union -
CBS Sports - Sports
Morgan Moses injury update: Jets RT to get knee evaluated Friday after getting rolled up on against Patriots
Moses was a key addition by the Jets this offseason as they looked to revamp the O-line2 days ago - NFL -
Yahoo Sports - Sports
Oscar Robertson recounts time he got a telegram from KKK saying if he played 'they’re going to shoot me'
He played in the collegiate Dixie Classic but faced incredible abuse on the court and a death threat off it.2 days ago -
ABC News - Sports
Jets' Aaron Rodgers returns to huge cheers for 1st home game since Achilles tendon injury last year
Aaron Rodgers was greeted with a thunderous ovation as the New York Jets quarterback jogged onto the field at MetLife Stadium2 days ago - NFL -
The Wall Street Journal - Tech
KKR Secures About a Third of Fuji Soft, Dousing Hopes of Bidding War
Fuji Soft shares fell sharply on fading expectations of a bidding war after two key shareholders of the software developer agreed to KKR’s tender offer.2 days ago -
The Hill - Politics
Harris tells Oprah: ‘If somebody breaks into my house, they’re getting shot’
Vice President Harris said that if someone were to break into her house, they would get shot while talking with Oprah Winfrey about hot-button issues during a Thursday night campaign event. “If ...2 days ago -
The Wall Street Journal - Business
The Jobs Where You Can Still Land a Signing Bonus
Job offers this fall are going to mission critical hires. If you get one, recruiters say you have leverage.2 days ago -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.3 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.3 days ago