U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - November 7

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - November 7

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - 6 days ago

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.

4 smart home equity moves to make now that the Fed cut rates again

The Federal Reserve has issued another rate cut. Here are four smart moves home equity borrowers should make now.

The stock market is expecting more interest-rate cuts than the Fed can give

The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.

Business - MarketWatch - 5 days ago

Minneapolis Fed president says another interest rate cut in December is "certainly possible"

Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...

'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory

The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald Trump's proposed global tariffs take hold, former Fed policymaker Loretta ...

Business - CNBC - 2 days ago

Unemployment rises as pay growth slows again

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

Eurozone inflation rises to 2% in October

Annual figure is slightly above expectations and matched the ECB’s target

Business - Financial Times - October 31

Trump chooses Susie Wiles as White House chief of staff

President-elect chooses his 2024 campaign manager in first appointment to major role in administration

World - Financial Times - November 7

How Orbán seized the Trump moment to speak for Europe

Also in this newsletter: Italy’s second attempt to ship migrants to Albania

World - Financial Times - 6 days ago

The Fed talks about not talking about Trump

Jay Powell sets some limits

World - Financial Times - 6 days ago

Over 60 held as violence breaks out against Israeli football fans in Amsterdam

Clashes take place after Europa League match between Ajax and Maccabi Tel Aviv

World - Financial Times - 6 days ago

Japan’s new kingmaker pushes for income tax threshold rise

Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling party

World - Financial Times - 6 days ago

Here's the inflation breakdown for October 2024 — in one chart

Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car insurance, are trouble spots.

Business - CNBC - Yesterday

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

Philadelphia Fed’s factory gauge jumps in October

Index rises to 10.3, second straight monthly gain

Business - MarketWatch - October 17

Construction spending ticks up to four-month high in September

Construction spending rose 0.1% in September, the Commerce Department reported Friday.

Business - MarketWatch - November 1

Mortgage delinquencies ticked up in September for the 4th month in a row

Rising interest rates and hurricane-related pressures are driving an increase in late mortgage payments, Intercontinental Exchange says.

Business - MarketWatch - November 5

Latest in U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Why credit card debt forgiveness is worth it even with more Fed rate cuts

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

4 smart home equity moves to make now that the Fed cut rates again

The stock market is expecting more interest-rate cuts than the Fed can give

Minneapolis Fed president says another interest rate cut in December is "certainly possible"

'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory

Unemployment rises as pay growth slows again

Eurozone inflation rises to 2% in October

Trump chooses Susie Wiles as White House chief of staff

How Orbán seized the Trump moment to speak for Europe

The Fed talks about not talking about Trump

Over 60 held as violence breaks out against Israeli football fans in Amsterdam

Japan’s new kingmaker pushes for income tax threshold rise

Here's the inflation breakdown for October 2024 — in one chart

Inflation Cooled Further in September, PCE Index Shows

Philadelphia Fed’s factory gauge jumps in October

Construction spending ticks up to four-month high in September

Mortgage delinquencies ticked up in September for the 4th month in a row

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