Treasury Yields Fall as Labor Eases, Producer Inflation Accelerates
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Financial Times - Business
Fed cuts rates by half a point and signals era of easing has begun
US central bank’s decision marks milestone in two-year fight against inflation3 hours ago - Federal Reserve -
Financial Times - World
FirstFT: Fed easing cycle begins as focus moves to protecting jobs
Also in today’s newsletter, BoE rate decision and Hizbollah reels after twin attacks3 hours ago -
CNBC - Business
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.7 hours ago - Federal Reserve -
NBC News - Top stories
Harris' labor split screen: From the Politics Desk
Kamala Harris failed to secure the endorsement of a major union, but her campaign is leaning on the organizational muscle of the key labor groups that are in her corner.10 hours ago -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...10 hours ago -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...10 hours ago - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...12 hours ago - Federal Reserve -
NBC News - Top stories
'An indispensable weapon': Harris mobilizes diverse labor force in the Sun Belt
Kamala Harris is tapping into the organizational strength of unions with high numbers of women and people of color in key battleground states like Arizona and Nevada.12 hours ago -
CBS Sports - Sports
Bill Belichick argues the Lions are enjoying 'fruits of the labor' brought by Matt Patricia
Belichick makes a case for his disciple, who was reviled as the Lions' head coach13 hours ago -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...13 hours ago -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.13 hours ago - Federal Reserve -
CNBC - Business
Treasury yields rise as investors look to Fed rate decision
All eyes are on the Federal Reserve’s interest rate decision expected for later in the day Wednesday.16 hours ago - Federal Reserve -
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BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.21 hours ago -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on ThursdayYesterday - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
ABC News - Sports
New Champions League format makes its debut with same old winners: Madrid, Liverpool, Bayern, Juve
The revamped Champions League made its debut with some familiar clubs claiming victories on opening nightYesterday - UEFA Champions League -
The Guardian - World
Champions League: Kane scores four as Bayern put nine past Dinamo Zagreb
Bayern Munich 9-2 Dinamo Zagreb, Sporting 2-0 Lille Yildiz scores first goal of new format as Juve sink PSV Harry Kane scored four goals, including three penalties, to lead Bayern Munich to a ...Yesterday - UEFA Champions League -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
The New York Times - Business
Boeing Restarts Labor Negotiations as It Seeks End to Strike
Federal mediators are helping the aerospace manufacturer and leaders of the union representing more than 33,000 workers who went on strike last week reach a deal.Yesterday -
NBC News - Top stories
Bernie Sanders says Ozempic can be produced for less than $100 a month
Sen. Sanders claims that the CEOs of major generic drugmakers said they produce and sell Ozempic for less $100 a month.Yesterday -
Inc. - Business
Stellantis Fight With Union Heats Up as UAW Files Labor Charges
Autoworkers fear the automaker will move jobs out of U.S. plants as the union files a National Labor Relations Board complaint.Yesterday -
The New York Times - Top stories
New York Philharmonic Opens Its Season Amid Labor Talks and Troubles
The orchestra is working to negotiate a new contract with musicians, resolve a misconduct inquiry and hire a new chief executive.Yesterday - New York -
Inc. - Business
Corporate America Cares Less and Less About Inflation
Fewer S&P 500 companies are mentioning inflation during earnings calls ahead of the Fed's first rate cut.Yesterday -
The Hill - Politics
Report on forced labor, child labor raises tough questions in green energy transition
A new report from the Department of Labor raises tough questions about whether and to what extent forced labor and child labor are intertwined with climate-friendly technology. The department ...Yesterday -
Financial Times - Business
Treasury ‘saying no to everything’ will hit growth, warns Burnham
Manchester mayor says powerful finance ministry has to fundamentally change way it thinksYesterday -
BBC News - Top stories
Wine and wasabi producers battle climate change
Farmer Jon Old tells the BBC that rising temperatures are making growing his crops more difficult.2 days ago - Climate