Turkey's central bank lowers key interest rate to 47.5%

If interest rates remain 'higher for longer,' the winners are those with cash accounts

The Federal Reserve indicated a slower pace of interest rate cuts in 2025. Savers with high-yield savings and other cash-like accounts should benefit.

CNBC - 1d

Keys to a fantasy football victory in Week 17

Dominate championship week with Sal Vetri's keys to a fantasy football victory in Week 17.

Yahoo Sports - 1d

You have until Dec. 31 to make 3 moves to lower your 2024 taxes

Making a few savvy moves before the end of the year can help lower the tax bill you pay in April.

CNBC - 1d

North Carolina Central vs. North Carolina A&T where to watch HBCU Showcase, TV channel, live stream, pick

North Carolina Central faces North Carolina A&T in the first game of Saturday's CBS Sports Classic: HBCU Showcase on CBS

CBS Sports - 7h

The coming global interest-rate collapse will force the Fed to cut four times in 2025

Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.

MarketWatch - 11h

North Carolina A&T vs. North Carolina Central odds, stream: Model reveals college basketball picks for Dec. 28

TV channel, college basketball best bets, picks and how to watch the NC Central Eagles vs. NC A&T Aggies on Saturday on Paramount+

CBS Sports - 12h

Vanguard strikes deal with FDIC over huge holdings in US banks

$10tn money manager agrees to curbs on influencing decisions of mid-sized and regional lenders

Financial Times - 1d

Tech pullback drags Wall Street stocks lower

Citigroup warns of looming tumult at end of strong year for equities

Financial Times - 1d

If interest rates remain 'higher for longer,' the winners are those with cash accounts

Many people, especially those with debt, will be discouraged by the recent Federal Reserve forecast of a slower pace of interest rate cuts than previously forecast.

NBC News - 1d

Crypto boom draws in Wall Street banks

There has been a profound shift in thinking on capital raisings

Financial Times - 1d

Trimming outdated bank regulation is a good idea that won’t be easy

Functional regulation is needed more than ever today.

The Hill - 1d

Germany's former central banker Schlesinger dies at 100

Yahoo News - 1d

Sources: Carroll interested in Bears' coaching job

Seahawks Super-Bowl winning coach Pete Carroll has expressed interest in the Bears' head coaching job and would like to return to the sideline next season, league sources told ESPN.

ESPN - 2d

Turkey cuts rates for first time in 22 months with jumbo reduction

Central bank slashes borrowing costs by 250bp as consumer demand slows

Financial Times - 2d

Turkey's central bank lowers key interest rate to 47.5%

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in nearly two years as it tries to control soaring inflation

ABC News - 2d

Trump implies interest in controlling Panama Canal, Greenland and Canada

President-elect Donald Trump made several social media posts Wednesday about foreign policy proposals, including a lengthy post where he implied he would be interested in gaining control of ...

CBS News - 2d

The National Mall, Central Park and More Venues the N.H.L. Should Use

The league’s Winter Classic showcase should move beyond outdoor stadiums and into popular landmarks, a columnist for The Athletic writes.

The New York Times - 2d

World Bank lifts China growth forecasts but calls for deeper reforms

Policy easing and stronger exports have helped economy, but country still faces property crisis and weak demand. The World Bank has lifted its growth forecasts for China’s economy, but called for ...

The Guardian - 2d

World Bank lifts China growth forecast but calls for deeper reforms

Multilateral lender says greater detail of policies is needed to bolster household and business confidence

Financial Times - 2d

An A.I. Boom Makes Electricians Flock to Central Washington

The rural region is changing fast as electricians from around the country plug the tech industry’s new, giant data centers into its ample power supply.

The New York Times - 3d

Latin America’s rise in tuberculosis linked to imprisonment rates

Study warns region’s exponential rise in incarceration is fuelling the disease, with cases increasing by 19% between 2015 and 2022 . High incarceration rates in Latin America – the region with the ...

The Guardian - 3d

Owner and architect of Turkey quake collapse hotel jailed

They received hefty sentences after 72 people were killed when the building fell in the 2023 quake.

BBC News - 3d

Federal Reserve proposes more transparency in bank stress tests, but banks still sue

Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...

MarketWatch - 4d

Neo-Ottoman Turkey’s triumph over its regional rivals

Turkey’s success in post-Assad Syria stems from its multifaceted strategy combining military strength, economic investment and ideological appeal.

The Hill - 4d

Sticky inflation creates rift at Fed over how much to cut rates

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.

MarketWatch - 4d

Renters vs. homeowners insurance: Key differences explained

Renters and homeowners need different types of insurance coverage to adequately protect their homes.

CBS News - 4d

US banking lobby sues Fed over stress test framework

Announcement comes a day after central bank unveiled proposed changes to annual examinations

Financial Times - 4d

Biggest banks sue the Federal Reserve over annual stress tests

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short.

CNBC - 4d

Sales Is Storytelling: Here Are 5 Keys to Mastering It

The sale is in the story, not in the product or in the seller. That’s true about being an entrepreneur, too.

Inc. - 4d

Defaults on leveraged loans soar to highest rate in 4 years

Borrowers turn to distressed exchanges in the face of punitive interest rates

Financial Times - 4d

Trump already acting as he’s president as Biden takes lower-key approach

President-elect Trump is seizing the reins of power early and, according to lawmakers in both parties, already acting as president, while Joe Biden, in many ways, has kept a lower profile during ...

The Hill - 4d

Blast kills 12 people at explosives factory in Turkey

A blast ripped through an explosives factory in northwest Turkey on Tuesday, killing 12 people and injuring four.

NBC News - 4d

EU burns through gas storage at fastest rate since energy crisis

Colder weather and lower seaborne imports increase reliance on stored gas

Financial Times - 4d

Fed says it is weighing changes to bank tests for systemic risk

Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatility

Financial Times - 5d

Here Comes Santa Claus’s Approval Rating

Despite some debates in the news, Americans’ views on Santa haven’t really changed, polls show. Most parents still say he’ll visit on Christmas Eve.

The New York Times - 5d

Study: Remote Work Policies Are Leaving Lower-Paid Workers Behind

Recent data shows that higher-income workers are holding on to remote work privileges more than their lower-paid counterparts.

Inc. - 5d

Watchdog calls for halt to energy loans amid insufficient conflict of interest controls

An internal government watchdog is calling on the Energy Department’s loan office to halt its financing for energy projects, saying there are insufficient controls in place to prevent conflicts of ...

The Hill - 5d