News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

What a potential Fed rate cut could mean for the economy

As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...

Why mortgage rates could be heading to 8%, despite a possible Fed cut

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

Business - MarketWatch - 14 hours ago

Trump’s win and the Fed’s rate cut are giving the stock market an open road

S&P 500 races ahead, and opportunities surface in solar power and crypto.

Business - MarketWatch - 10 hours ago

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 ...

Why home equity borrowers shouldn't wait for the November rate cut

If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.

Supporters of Biden's climate law urge Republicans not to kill it — pointing to all the jobs

Politics - Politico - 16 hours ago

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

What will happen to home equity loan rates after this week's Fed rate cut?

Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 10 hours ago

How the Federal Reserve interest rate cut could affect Americans

The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

Beyoncé throws support behind Harris, urges Americans to write 'song of unity' in November

Beyoncé Knowles-Carter endorsed Vice President Harris in an impassioned speech at a rally in Houston late Friday evening. “We are all part of something that is much bigger. We must vote. We need ...

Politics - The Hill - October 26

China targets 2mn lifts to keep its ageing population upwardly mobile

A campaign is under way to retrofit older apartments but authorities and residents are fighting over the bill

World - Financial Times - 6 days ago

Budget Q&A: Readers’ questions answered

Experts respond to queries about measures announced in the autumn Budget

World - Financial Times - 6 days ago

Writing to Beirut, again

How do you write about home when words fail you?

World - Financial Times - 5 days ago

How the US election may unsettle Europe

Europeans mostly prefer Harris to Trump but challenges lie ahead on democracy, defence and economics

World - Financial Times - 5 days ago

US business leaders must voice their fears about Trump

Defending stability and prosperity is a test of America’s corporate responsibility

World - Financial Times - 5 days ago

Six cities, one question: is China’s property market turning a corner?

From Shanghai to Guangzhou and Beijing to Foshan, buyers and agents voice concerns ahead of next phase of stimulus

World - Financial Times - 3 days ago

Indonesia steps up trade protectionism with Apple and Google phone bans

South-east Asia’s largest economy pushes foreign tech groups to invest locally or lose market access

World - Financial Times - 3 days ago

New U.S. economy data before next Fed interest rate decision

The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.

Bull market turns 2. Why fewer Fed rate cuts won’t rattle stock investors.

Even though concerns around a potential reheating of inflation have added to the uncertainty around the Federal Reserve’s interest rate path, it may not stop stocks from going higher, analysts said.

Business - MarketWatch - October 13

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

Fed’s Daly open to skipping rate cut at one of two remaining meetings this year

San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.

Business - MarketWatch - October 15

Will home prices rise with more Fed rate cuts? Here's what experts think.

With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.

We're buying more shares on the dip in this Fed rate-cut stock tied to housing

Some of this decline is probably due to profit-taking since the stock has gone straight up since Sept. 6.

Business - CNBC - October 22

How to rethink cash as the Fed cuts interest rates, according to top financial advisors

The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.

Business - CNBC - October 23

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

Small-cap stocks were widely expected to benefit most from the Federal Reserve’s interest-rate cuts — but that has yet to materialize.

Business - MarketWatch - October 26

Larry Fink says the Fed won't cut interest rates as much as markets expect this year

"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.

Business - CNBC - October 29

The stock market is expecting more interest-rate cuts than the Fed can give

The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.

Business - MarketWatch - 14 hours ago

Latest in News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics

Wall Street reacts to Trump win as Fed weighs interest rate cut

Here's what to expect with the Fed's next interest rate cut looming

What a potential Fed rate cut could mean for the economy

Why mortgage rates could be heading to 8%, despite a possible Fed cut

Trump’s win and the Fed’s rate cut are giving the stock market an open road

What does the Fed's interest rate cut say about the state of the economy?

Why home equity borrowers shouldn't wait for the November rate cut

Supporters of Biden's climate law urge Republicans not to kill it — pointing to all the jobs

China cuts benchmark lending rates by 25 basis points

What will happen to home equity loan rates after this week's Fed rate cut?

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

How the Federal Reserve interest rate cut could affect Americans

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Beyoncé throws support behind Harris, urges Americans to write 'song of unity' in November

China targets 2mn lifts to keep its ageing population upwardly mobile

Budget Q&A: Readers’ questions answered

Writing to Beirut, again

How the US election may unsettle Europe

US business leaders must voice their fears about Trump

Six cities, one question: is China’s property market turning a corner?

Indonesia steps up trade protectionism with Apple and Google phone bans

New U.S. economy data before next Fed interest rate decision

Bull market turns 2. Why fewer Fed rate cuts won’t rattle stock investors.

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

Fed’s Daly open to skipping rate cut at one of two remaining meetings this year

Will home prices rise with more Fed rate cuts? Here's what experts think.

We're buying more shares on the dip in this Fed rate-cut stock tied to housing

How to rethink cash as the Fed cuts interest rates, according to top financial advisors

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

Larry Fink says the Fed won't cut interest rates as much as markets expect this year

The stock market is expecting more interest-rate cuts than the Fed can give

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