Latest in Mortgage rates inch up after a big plunge last week. Rates ‘will likely trend down in the coming months,’ Freddie Mac says.
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DoubleLine's Gundlach says expect higher rates if Republicans also win the House
DoubleLine's Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.Business - CNBC - Yesterday -
What does the Fed's interest rate cut say about the state of the economy?
The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...Top stories - CBS News - Yesterday -
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeWorld - Financial Times - October 15 -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - October 29 -
CVS Health CEO Karen Lynch steps down after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.Top stories - CBS News - October 18 -
China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
China has reported that its economy expanded at a rate of 4.6% in the July-September quarterWorld - ABC News - October 18 -
Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...Business - MarketWatch - October 14 -
Guardiola: Manchester City will not be ‘dragged down’ like United after I leave
Manager yet to speak to club’s new sporting director Kevin De Bruyne still out with muscle injury Pep Guardiola is confident that, should he depart next summer, Manchester City will not falter ...World - The Guardian - October 25 -
Jobless claims inch higher in latest week
Claims tick up 3,000 to 221,000 after three weeks of declinesBusiness - MarketWatch - 2 days ago -
10-year Treasury yield slips from 3-month closing high as buyers step in
Demand from overseas buyers of U.S. government debt helped push yields slightly lower on Thursday, but not far from their highest levels in two or three months.Business - MarketWatch - October 24 -
A big pandemic-era IOU is coming due after the U.S. election
Major U.S. companies will need to refinance some $250 billion in low-coupon bonds issued in 2020. Tax policy is up for grabs in the election.Business - MarketWatch - October 29 -
Why has your Big Mac become so much more expensive?
Governments and business are trying to work out who to blame for cheapflationBusiness - Financial Times - October 16 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - 22 hours ago -
Lamar Jackson carves up Broncos for perfect passer rating in Ravens win, another notch in his MVP campaign
The Broncos entered Sunday with the NFL's third-ranked defense. They were no match for Jackson and a Ravens offense that's arguably been the league's best through the first half of the season.Sports - Yahoo Sports - 5 days ago -
How Trump’s win could shake up taxes, jobs and interest rates — and what that means for your money
You don’t need to be a rocket scientist to understand why Donald Trump won the U.S. presidential election. Most Americans have said, consistently, that the economy is on the wrong track.Business - MarketWatch - 3 hours ago -
Where interest rates are heading
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curveWorld - Financial Times - October 14 -
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressuresBusiness - Financial Times - October 17 -
Danny Amendola’s ‘DWTS’ Lift Inspires TikTok Dance Trend
Danny Amendola’s smooth lift on “Dancing With the Stars” spawned numerous imitators (with varying results). TikTok cautions users that it can be dangerous.Lifestyle - The New York Times - October 24