Latest in South Korea unexpectedly cuts rates by 25 basis points — first back to back cuts since 2009
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South Korea unexpectedly reduces benchmark lending rates in first back-to-back cuts since 2009
This surprised economists polled by Reuters, which expected the BOK to hold rates.Business - CNBC - 2 hours ago -
The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper
With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.Business - CNBC - November 7 -
New Zealand expectedly cuts benchmark rate by 50 basis points as economy struggles
New Zealand's central bank slashed its benchmark interest rate by 50 basis points to 4.25%, marking a third straight cut to its benchmark interest rate.Business - CNBC - Yesterday -
South Korea's central bank cuts key interest rate to nurse a slower economy
South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipatedWorld - ABC News - 30 minutes ago -
Fed minutes show officials backed gradual pace of rate cuts
FOMC members take more optimistic stance on labour market outlook at November meetingWorld - Financial Times - Yesterday -
Inflation rate climbs for the first time since the summer. Fed weighs how much to cut rates.
The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a recent uptick in prices that could cajole the central bank into cutting interest rates ...Business - MarketWatch - 17 hours ago -
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Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down ...Top stories - CBS News - November 11 -
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - November 7 -
Brewers Struggle as Drinkers Cut Back on Beer Worldwide
Consumers around the world are drinking less beer, putting brewers in a bind.Business - Inc. - October 31 -
Fed poised to look past US election uncertainty with quarter-point rate cut
Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policyBusiness - Financial Times - November 3 -
Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point
After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.Business - Inc. - November 7 -
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.Business - The New York Times - November 7 -
Federal Reserve cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.Top stories - CBS News - November 7 -
Fed cuts rates by quarter point: What it means for your money
The Federal Reserve announced it will lower interest rates by a quarter point. It’s a decision that impacts everything from home loans to credit cards. NBC’s Christine Romans joins TODAY to break ...Top stories - NBC News - November 8 -
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - November 1 -
Panthers pounce on Giants OT fumble to win back-to-back games for first time since 2021
New York tied things up off a last-second field goal, but Carolina had the last laugh in the fifth and final international game of the year.Sports - Yahoo Sports - November 10 -
Mortgage rates fall for the first time in two months. Buyers are rushing back.
Mortgage applications rose 6.3% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - 20 hours ago -
Giannis Antetokounmpo explodes for 59 points as Bucks top Pistons to post first back-to-back wins of season
Antetokounmpo's 59 points were the most by any player this seasonSports - CBS Sports - November 14 -
Election-week Fed meeting won’t give markets the roadmap they want
Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...Business - MarketWatch - November 4 -
Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decadeWorld - ABC News - November 7 -
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%World - ABC News - November 7 -
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation fallsWorld - ABC News - November 7 -
The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you
The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.Business - CNBC - November 7 -
Sharp fall in Eurozone activity raises odds of half-point ECB rate cut
Purchasing managers’ index hits 10-month low, boosting case for bigger reduction in borrowing costs to lift economyWorld - Financial Times - 5 days ago -
10-year Treasury yield logs biggest gain in 2 weeks after Fed minutes point to slower rate cuts
Treasury yields ended mixed on Tuesday, with the benchmark 10-year rate landing on higher ground after minutes from the Federal Reserve’s November policy meeting pointed to a more gradual pace of ...Business - MarketWatch - Yesterday -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - November 7 -
Hear broadcaster John Sterling call the final out of Yankees' first World Series win since 2009
Sterling retired earlier this year but is back in the booth for the postseasonSports - CBS Sports - October 30 -
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.Top stories - CBS News - November 13 -
Ludvig Åberg back '100%' healthy aiming to defend RSM Classic title in first start since knee surgery
The young Swede set multiple scoring records en route to his first PGA Tour victory in Sea Island a season agoSports - CBS Sports - November 20 -
Consumer credit posts small increase as Americans cut back on credit-card purchases
The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.Business - MarketWatch - November 7 -
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UK business cutting back growth plans after Budget tax rises, warns CBI
Results of survey of lobby group’s members are latest sign of souring relations between government and corporate worldBusiness - Financial Times - 3 days ago -
NBA power rankings 2024-25: Boston moves back into top spot after handing Cleveland first loss
While the West is by far the deeper conference, the top two spots in these Power Rankings belong to the East.Sports - Yahoo Sports - November 20 -
Trump chooses Susie Wiles as White House chief of staff
President-elect chooses his 2024 campaign manager in first appointment to major role in administrationWorld - Financial Times - November 7
