Latest in Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year
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Chi-Chi’s Plans Comeback More than 20 Years After Bankruptcy
Chi-Chi’s bankruptcy filing two decades ago coincided with a hepatitis A outbreak.Inc. - Dec. 8 -
Arsenal ratings: Lackluster Gunners drop points
Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.ESPN - Dec. 8 -
How the U.S. will approach involvement in Syria after rebel takeover
President Joe Biden outlined a plan for continued U.S. involvement in Syria during his remarks following the rebel seizure of Damascus and fleeing of President Bashar al-Assad. NBC News' Raf ...NBC News - Dec. 8 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
If McGregor fights it will be sometime next year - White
UFC president Dana White says if Conor McGregor fights again in the promotion it "will be sometime next year".Yahoo Sports - Dec. 8 -
Man City drops more points after draw with Crystal Palace and Man United loses again
Manchester City’s Premier League title defense has taken another blow after a 2-2 draw with Crystal PalaceABC News - Dec. 7 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
These stocks aren’t likely to beat the S&P 500 next year — for this one reason
Difficult-to-short stocks often trade at artificially inflated, unsustainable prices.MarketWatch - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
NBA returning to China more than five years after Daryl Morey Hong Kong tweet
The National Basketball Association (NBA) will return to China for two preseason games in 2025, more than five years after former Houston Rockets general manager Daryl Morey spurred a break in the ...The Hill - Dec. 6 -
Here are the billionaires stocking Trump’s next administration
President-elect Trump has named several billionaires to top roles in his next administration — a combination worth over $360 billion and that includes the world’s richest person. Elon Musk, the ...The Hill - Dec. 6 -
Musk signals he won't use growing influence to go after competitors
Elon Musk indicated Friday that he will not use his growing influence in the Trump administration to hurt or seek revenge on his industry competitors. In a post on his social platform X, Musk ...The Hill - Dec. 6 -
Labor data signals a new, far more uncertain job market
Dan Hevia has been laid off before — but this time feels different.NBC News - Dec. 6 -
How Josh Allen's turnover-free, less-is-more approach is spearheading Bills QB's push for first MVP
This might be the best version of Josh Allen we've seen as he closes in on an NFL MVP awardCBS Sports - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
Liquor giant Brown-Forman’s stock rises on growth signals ahead despite market challenges
Brown-Forman Corp.’s stock rose 8% in premarket trading on Thursday after the liquor maker beat Wall Street estimates for profit and revenue in its latest quarter and said it expects to generate ...MarketWatch - Dec. 5 -
NASA announces more delays in sending astronauts back to the moon more than 50 years after Apollo
NASA announces more delays in sending astronauts back to the moon more than 50 years after ApolloABC News - Dec. 5 -
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American Eagle’s stock drops as warm fall weather bites into clothing sales
American Eagle’s stock falls 13% Thursday, and a J.P. Morgan analyst cuts its rating to neutral.MarketWatch - Dec. 5 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
No more bye-bye for Chi-Chi's: Restaurant chain reopening after 20-year hiatus
Chi-Chi's is not yet ready to say ta-ta — the chain is poised to reopen some of its restaurants after shutting its doors in the U.S. two decades ago. Michael McDermott, the son of one of Chi-Chi's ...The Hill - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Marvell’s stock skyrockets as it’s dubbed the next hot AI chip name
Wall Street is excited about Marvell’s traction in custom offerings and partnership with Amazon’s AWS.MarketWatch - Dec. 4 -
Here’s what’s clicking now for Dollar Tree after a tough year for its stock
Retailer opens 249 new stores, books a 1.5% increase in traffic and says its Family Dollar review is on track.MarketWatch - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
South Korean won falls sharply against the U.S. dollar after president declares martial law
South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared martial law.CNBC - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber servicesABC News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2