The Fed’s 50 basis point rate cut poses risks for retirees
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Financial Times - Business
Fed’s high-rates era handed $1tn windfall to US banks
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds2 days ago -
Yahoo Sports - Sports
James Madison scores school-record 53 first-half points in 70-50 win at North Carolina
James Madison stunned previously undefeated North Carolina, blowing out the Tar Heels, 70-50, in Chapel Hill.3 days ago -
CBS News - Top stories
50 Cent talks first novel, “The Accomplice”
Curtis Jackson has spent a quarter century entertaining audiences as rapper 50 Cent, but behind the scenes, he’s built a wide-ranging entertainment empire. Now, he’s taking a step into the world of ...3 days ago -
CNBC - Business
68-year-old retiree pays $460 a month to live by a lake in Mexico: ‘I found the peace and tranquility I was looking for’
Janet Blaser, who moved to Mexico in 2006, relocated from Mazatlán to San Antonio Tlayacapan, where she found a cute 2-bedroom yellow house with a yard.3 days ago -
MarketWatch - Business
Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut
Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.3 days ago - Federal Reserve -
MarketWatch - Business
‘I had 3 offers over 11 months’: With the Fed’s 50-basis-point cut, will I finally be able to sell my house?
“It’s a momentous moment. Interest rates are finally declining.”3 days ago -
MarketWatch - Business
Gold’s record rally gets added jolt from Fed rate cut. Is there anyone left to buy?
Some analysts warn the pool of potential gold buyers could begin to run dry.3 days ago - Federal Reserve -
MarketWatch - Business
Small-cap stocks post longest rally since 2021 after Fed rate cut. What’s next?
Small-cap stocks just saw their longest winning streak in three and a half years, after the Federal Reserve recalibrated its monetary policy with a big interest-rate cut.3 days ago - Federal Reserve -
MarketWatch - Business
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
Michelle Bowman was the first Federal Reserve governor to dissent from an interest-rate decision since 2005.3 days ago - Federal Reserve -
MarketWatch - Business
The Fed rate cut scared me. Where should I invest my $127,000 in savings now?
This reader wonders whether CD rates, high-yield savings accounts and bond ladders are still smart moves, even if interest rates keep dropping.3 days ago - Federal Reserve -
MarketWatch - Business
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main Street — is obsessing over.3 days ago -
Financial Times - World
Investors hope US rate cuts will provide lift for emerging market debt
Local currency bonds have lagged this year but Fed’s move is expected to ease pressure on developing nations3 days ago -
CNBC - Business
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Waller told CNBC that the data is showing core inflation in the Fed's preferred measure is running below 1.8%4 days ago - Federal Reserve -
CBS News - Top stories
Did the interest rate cuts spark economic growth?
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent ...4 days ago -
MarketWatch - Business
Oil prices log weekly gains after Fed rate cut, rising Middle East tensions
Oil futures booked solid weekly gains, boosted by the Federal Reserve’s large interest-rate cut and a renewed rise in tensions in the Middle East.4 days ago - Federal Reserve -
ESPN - Sports
Ohtani breaks 50/50 barrier with 'greatest' game
The Dodgers' Shohei Ohtani became the first player in baseball history to reach the 50/50 club by stealing two bases and hitting three home runs in a 6-for-6 performance against the Marlins.4 days ago -
CBS News - Top stories
Should you borrow home equity now that the Fed has cut rates?
It could be a smart time to borrow from your home's equity — but you should consider a few factors first.4 days ago - Federal Reserve -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.4 days ago - Federal Reserve -
The Guardian - World
Win or lose, Manchester City case poses perilous threat to Premier League power | Barney Ronay
Arsenal clash is part Super Sunday but more importantly Tribunal Day Seven and the stakes could scarcely be higher. Dance while the world burns. You have to hand it to English football. It is above ...4 days ago - Premier League -
CBS News - Top stories
Should you buy a home after the Fed's big rate cut?
There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.4 days ago -
Financial Times - Business
Top Fed official would back more aggressive interest rate cuts if US data worsen
Influential governor Christopher Waller says inflation is falling more quickly than he expected4 days ago - Federal Reserve -
NBC News - Top stories
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to ...4 days ago -
The Hill - Politics
The Fed finally cut interest rates — but let's not get too excited just yet
If you're running a small business, this cut in interest rates will have little impact.4 days ago - Federal Reserve -
The Guardian - World
I tried the £299 full-body scan that checks health risks in minutes
Spotify co-founder Daniel Ek hopes his latest brainchild, the Neko Body Scan, will revolutionise healthcare. In the 2016 movie Passengers, the crew of a spacecraft bound for a distant planet had ...4 days ago -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.4 days ago -
Yahoo Sports - Sports
Yahoo Sports AM: Ohtani inaugurates the 50-50 club
In today's edition: Ohtani inaugurates the 50-50 club, the WNBA playoffs are here, the surging Tigers could end the drought, the seventh annual Laver Cup, and more.4 days ago -
ABC News - Top stories
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week. Will they do it again?4 days ago - Federal Reserve -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings4 days ago -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.4 days ago - China -
BBC News - Top stories
Can you risk no Haaland? FPL tips & team of the week
If there was ever a week to back against goal machine Erling Haaland in FPL, then it is this one when he comes up against Arsenal's mean defence, writes Thomas Woods.4 days ago -
Yahoo Sports - Sports
Shohei Ohtani hits historic 50-50 mark with night for the ages
In a season in which he's not pitching, the Dodgers star delivers one of the best performances in MLB history.5 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.5 days ago