Latest in Stellantis Says Moving Quickly to Cut U.S. Inventories
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BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - November 7 -
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 - November 7 -
Colorado governor says tax cuts key to state's shift left
Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...Politics - The Hill - November 8 -
Steve Madden says it will cut production in China to avoid Trump tariffs
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.Top stories - CBS News - November 8 -
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Met faces service cuts without more cash, says chief
Sir Mark Rowley says he is "deeply troubled" by negotiations so far on the force's funding next year.Top stories - BBC News - November 14 -
Collapsed London Capital & Finance operated as Ponzi scheme, court rules
High Court judge finds individuals connected with scandal liable for damagesBusiness - Financial Times - November 14 -
Denzel Washington says gay kiss in 'Gladiator II' was cut
“Gladiator II” is set to release next week, bringing audiences the glory and gore of the Roman Empire: Swords will be unsheathed in this blockbuster sequel and heroes will rise — and perhaps share ...Top stories - NBC News - November 14 -
Global plastic production must be cut to curb pollution, study says
Analysis lays bare huge challenge of mismanaged waste on eve of UN plastic treaty talks in Busan. Global plastic production must be reduced to tackle the immense challenge of plastic pollution , ...World - The Guardian - November 14 -
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.Business - MarketWatch - November 14 -
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.Business - The New York Times - November 14 -
The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - November 15 -
Austria says Russia's Gazprom will cut off natural gas supply this weekend
Austria's chancellor says Russia’s state-owned natural gas company Gazrom will cut off supplies early Saturday to Austrian utility OMVWorld - ABC News - November 15 -
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ECB must commit to faster rate cuts, says Bank of Italy governor
Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demandBusiness - Financial Times - 5 days ago -
Winter fuel payments cut makes sense, Starmer says
The PM was repeatedly pressed on why he was targeting pensioners, in a round of BBC local radio interviews.Top stories - BBC News - Yesterday -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - November 7 -
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 -
Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
Tech giants are investing in the development of "sovereign" AI models in Europe to reduce the region's dependence on largely U.S.-controlled infrastructure.Business - CNBC - November 14 -
Treasury yields rise by most in a week amid focus on prospects for U.S. economy
U.S. government debt sold off on Wednesday, sending yields up by the most in a week, as geopolitical anxiety eased and investors awaited President-elect Donald Trump’s pick for Treasury secretary.Business - MarketWatch - 3 days ago -
North Korean troops in Russian uniforms moving towards Ukraine, Pentagon says
Defense Secretary Lloyd Austin said some of the 10,000 North Korean soldiers in Russia are headed towards the border with Ukraine in Russian uniforms and with Russian equipment.Top stories - CBS News - October 30 -
Unsafe to move patients from closing surgery, GPs say
More than 2000 patients will be dispersed among 13 practices in the Magherafelt area.Top stories - BBC News - October 31 -
Steven Madden C.E.O. Says It Is Moving Production Out of China
The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.Business - The New York Times - November 8 -
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D'Angelo Russell moves to Lakers bench, says he just 'wants to win'
JJ Redick praised D'Angelo Russell, who had one of his best shooting nights of the season Friday after moving to the Lakers' bench.Sports - Yahoo Sports - November 9 -
Eva Longoria says she and family have moved out of 'dystopian' US
Eva Longoria says she's anxious and nervous for Americans who can't "escape" their "dystopian country" following President-elect Trump's White House win. "The shocking part is not that he won," ...Politics - The Hill - November 14 -
Move towards renewable energy is unstoppable, says Ed Miliband
Exclusive: UK energy secretary says at Cop29 that people see the economic advantages of making the transition. Cop29 climate summit – live updates Renewable energy is now “unstoppable”, and no ...World - The Guardian - November 15 -
Biden administration to restrict drilling, renewables in the US West to help struggling bird
U.S. officials are proposing tighter restrictions on oil, solar and wind energy development across more than 6,500 square miles of federal land in the U.S. WestTech - ABC News - November 8 -
Austrian chancellor says Russia's Gazprom will cut off natural gas on Saturday, says country has alternative supplies
Austrian chancellor says Russia's Gazprom will cut off natural gas on Saturday, says country has alternative suppliesWorld - ABC News - November 15 -
Russia Could Expand Its Assistance to Houthis, U.S. Says
The group’s attacks in the Red Sea have driven up shipping costs and forced the United States and its allies to increase their naval presence in the region.World - The New York Times - October 25 -
U.S. Says North Korean Troops Heading to Russia's Kursk Region
The Biden administration believes that some North Korean troops are on their way to the Kursk region to help Russia fend off Ukrainian forces who mounted an offensive there in August, according to ...World - The Wall Street Journal - October 25 -
North Korean Troops Assemble in Russia’s Kursk Region, U.S. Officials Say
Thousands of soldiers from an elite unit of the Korean People’s Army began arriving on Wednesday and are expected to try to help expel Ukrainian forces from Russian territory.World - The New York Times - October 25 -
Monday Briefing: A Majority of U.S. Voters Say Democracy is Under Threat
Plus, a long-lost Chopin waltz.World - The New York Times - October 28 -
Markets set for rally after U.S. elections, Barclays says
Markets will likely experience a ‘mild relief rally’ in the wake of the vote as a smooth transition starts to come into sightBusiness - MarketWatch - October 28
