Latest in Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025
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China's steel exports expected to falter in 2025 as pain from tariffs spread
Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.Business - CNBC - October 25 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - October 31 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.Top stories - NBC News - October 31 -
BoE expected to cut interest rates despite looser fiscal policy
UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demandWorld - Financial Times - November 4 -
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 - November 7 -
Annual inflation rate hit 2.6% in October, meeting expectations
The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.Business - CNBC - 2 days ago -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - Yesterday -
More than half of voters expected to cast early ballot: Gallup
Americans have turned out in record numbers to cast their ballots early in the general election, with more than half of the country’s registered voters having already voted or planning to vote ...Politics - The Hill - October 31 -
What Trump's strategy may be with controversial Cabinet picks
Some of President-elect Donald Trump's early Cabinet picks, particularly Robert F. Kennedy Jr. for HHS secretary and Matt Gaetz for attorney general, have come with controversy and criticism. CBS ...Top stories - CBS News - 7 hours ago -
Money Market Rates Are Lower, Yes. But Compared to What?
Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.Business - The New York Times - October 18 -
What's the CD interest rate forecast for November 2024?
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.Top stories - CBS News - November 6 -
What early voting numbers show in Georgia
With early voting underway, Major Garrett takes a deeper dive into the numbers, including the gender gap between male and female voters and what it could indicate.Top stories - CBS News - November 1 -
Here's how to qualify for credit card debt forgiveness before 2025
Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.Top stories - CBS News - 3 days ago -
Gold may not reach a price ceiling anytime soon. Here’s why.
The rally in gold showed little sign of a slowdown on Thursday, even as futures prices for the precious metal touched their highest intraday level on record — for the 33rd time so far this year.Business - MarketWatch - October 18 -
Here's why inflation may look like it's easing but is still a huge problem
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.Business - CNBC - October 19 -
Trump’s second term Cabinet: Here’s who may fill key roles
President-elect Trump’s transition team has already started vetting potential candidates to serve in key administration posts once he takes office for a second time in January. The process is ...Politics - The Hill - November 7 -
Trump may try to reverse TikTok ban. Here's how he could.
The ban is set to go into effect on Jan. 19, a day before Trump's inauguration.Top stories - ABC News - Yesterday -
Trump may again seek cuts to Medicaid. Here’s who would be affected.
Experts say real spending reform will have to come in the form of cuts to Social Security and government health-insurance programs like Medicare and Medicaid.Business - MarketWatch - 8 hours ago -
As the Fed cuts rates, here’s which CDs are actually increasing their APYs
The general trend since September has been lower CD yields, but some are going in the opposite directionBusiness - MarketWatch - November 8 -
Here's how far HELOC interest rates have dropped this year
HELOC interest rates have dropped by a significant margin since January. Here's what borrowers should know now.Top stories - CBS News - November 8