Latest in President Donald Trump says he'll 'demand that interest rates drop immediately'
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Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025
The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.CNBC - Jan. 16 -
Surprise fall in inflation boosts interest rate cut hopes
Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.BBC News - Jan. 15 -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - Jan. 14 -
Trump interest in Greenland is ‘wake-up call to Copenhagen’, says minister
Greenlandic minister says Denmark has failed to act over demands for action on minerals and alleged state abuses. A Greenlandic government minister has said she views Donald Trump’s interest in the ...The Guardian - Jan. 14 -
Donald Trump faced sufficient evidence for conviction in election case, report says
Special counsel Jack Smith says president-elect would have been convicted but for 2024 poll victoryFinancial Times - Jan. 14 -
Donald Trump would have been convicted over 2020 election, says special counsel
Report by Jack Smith says evidence ‘was sufficient to obtain and sustain a conviction’ had Trump not won re-election in 2024. US politics live – latest updates Donald Trump would have been ...The Guardian - Jan. 14 -
Confirmation hearings for President-elect Donald Trump's Cabinet to get underway
In one week, President-elect Donald Trump will be sworn in to start his second presidential term. More than a dozen of his Cabinet picks will be on Capitol Hill this week as confirmation hearings ...CBS News - Jan. 13 -
Laura Collins breaks down President-elect Donald Trump's Day 1 immigration plans
With one week until President-elect Donald Trump's inauguration, immigration policy expert Laura Collins discusses the proposals on the table, including the potential reinstatement of Title 42, the ...CBS News - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
President-elect Donald Trump sentenced in New York hush money trial
When President-elect Donald Trump takes office in nine days, it will be as the first president with a felony conviction on his record. A Manhattan judge formally sentenced him on Friday for ...CBS News - Jan. 11 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Greenland head says his people don't want to be Americans amid Trump interest
Greenland's prime minister said he hasn't spoken to President-elect Donald Trump, but that he's open to discussions about what "unites us."CBS News - Jan. 10 -
The art of dealing with Donald Trump
The president-elect’s aggressive claims about potential territorial expansion are a crash course for allies in his negotiating tacticsFinancial Times - Jan. 10 -
Trump Organization Says Incoming President Will Separate Himself From Family Business
The company is set to release a series of ethics rules governing Donald Trump’s interactions with his business empire.The Wall Street Journal - Jan. 10 -
Trump fundraises immediately after sentencing
President-elect Trump swiftly tried to raise funds on the heels of his New York hush money sentencing Friday morning, asking supporters if they still “stand with him" in light of the cementing of ...The Hill - Jan. 10 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
HELOC interest rates drop to 18-month low: Should you open one now?
HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.CBS News - Jan. 9 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Donald Trump’s careless talk
The president-elect’s expansionist rhetoric is unsettling America’s alliesFinancial Times - Jan. 9 -
Donald Trump’s territorial wishlist
Also in today’s newsletter, Pfizer leads pharma’s efforts to cosy up to the president-electFinancial Times - Jan. 9 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'
The canal executive said China doesn’t control route and U.S. ships can’t get better rates than others.The Wall Street Journal - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Donald Trump Jr. visits Greenland as father says deal for US to buy it 'must happen'
Donald Trump, Jr., son of President-elect Donald Trump, emphasized that his visit to Greenland on Tuesday was just a personal one.ABC News - Jan. 7 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
Donald Trump Jr. arrives in Greenland amid father's interest in acquiring island
Donald Trump Jr. has arrived in Greenland amid his father’s interest in acquiring the island. “Don Jr. and my Reps landing in Greenland. The reception has been great. They, and the Free World, need ...The Hill - Jan. 7 -
Donald Trump Jr visits Greenland amid father’s interest in owning island
President-elect’s son says visit is ‘personal day trip’ as Danish PM says autonomous territory is ‘not for sale’. Donald Trump Jr touched down in Greenland on Tuesday, hours after his father ...The Guardian - Jan. 7 -
Donald Trump Jr. to visit Greenland as president-elect ramps up calls for acquiring the territory
Donald Trump confirmed that his eldest son will visit Greenland amid increased calls by the president-elect that the U.S. should control the autonomous territory owned by Denmark.NBC News - Jan. 7 -
Trump says he'll replace National Archives leader
President-elect Trump said on Monday that he’ll replace the National Archives and Records Administration (NARA) leader. “We will [have a] new archivist,” Trump told conservative radio host Hugh ...The Hill - Jan. 7 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
Watch: Kamala Harris certifies President Donald Trump's re-election
Harris, who Trump defeated in the 2024 election, presided over the event as required by the US Constitution.BBC News - Jan. 6 -
Trump rips Biden’s offshore drilling restrictions: ‘I’ll unban it immediately’
President-elect Trump blasted President Biden’s decision to block oil drilling across large swaths of the U.S.’s coastlines, saying he will “unban it.” “It’s ridiculous; I’ll unban it immediately,” ...The Hill - Jan. 6 -
Majority Leader John Thune says he'll help Trump understand "what's realistic" in the Senate
Senate Majority Leader John Thune tells "Face the Nation with Margaret Brennan" that as President-elect Donald Trump set to take back the White House, Thune will work with him to understand "what's ...CBS News - Jan. 5 -
Thune says he'll help Trump understand "what's realistic" in the Senate
Senate Majority Leader John Thune said he's committed to helping Donald Trump "achieve success" when he returns to the White House.CBS News - Jan. 5 -
Trump says he'll attend Jimmy Carter's funeral
President-elect Donald Trump says he will attend former President Jimmy Carter's funeral next week at Washington National Cathedral. CBS News correspondent Skyler Henry has more from outside the ...CBS News - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - Jan. 2 -
Trump says he'll attend Carter's funeral
President-elect Trump is planning to attend the funeral of former President Carter, he said Tuesday. Asked by The Associated Press as he walked into a New Year's Eve party at his Mar-a-Lago club in ...The Hill - Jan. 1