Latest in US consumer sentiment hits 7 month high in October on rate cut relief
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Business - MarketWatch
‘A disappointment to home buyers’: Mortgage rates surge to a two-month high
The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.October 17 - Mortgage -
World - ABC News
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...October 17 - Europe -
Business - The New York Times
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.October 17 -
Business - Financial Times
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeOctober 17 -
World - Financial Times
US economic growth is strong — so why cut rates?
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefitOctober 17 -
Tech - ABC News
US agency adopts rule to make it easier for consumers to cancel unwanted subscriptions
The Federal Trade Commission has adopted a rule that will require businesses to make it easy for consumers to cancel unwanted subscriptions and membershipsOctober 16 -
Top stories - NBC News
Asheville schools to reopen a month after Helene hit, but challenges remain
When schools reopen for the first time since Hurricane Helene unleashed a deluge on Asheville, teachers will be ready to help kids with academics and emotions.October 16 -
Top stories - BBC News
Surprise fall in inflation to 1.7% paves way for interest rate cuts
September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.October 16 -
Sports - ABC News
US striker Folarin Balogun sidelined two months with shoulder injury
United States striker Folarin Balogun will be sidelined for about two months with a shoulder injury, a person close to the player told The Associated Press on WednesdayOctober 16 -
World - ABC News
Lebanese officials say Israeli airstrike on Nabatiyeh hit building during meeting coordinating relief efforts
Lebanese officials say Israeli airstrike on Nabatiyeh hit building during meeting coordinating relief effortsOctober 16 - Israel -
Business - The New York Times
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”October 15 - Federal Reserve -
Business - Inc.
For Entrepreneurs Hit by Hurricanes Helene and Milton, Tax Relief Is Here
The IRS extends its October 15 deadline for storm victims and reminds taxpayers about casualty loss deductions available.October 15 -
Business - MarketWatch
Manufacturing activity contracts in New York region in October after surging in prior month
Empire State factory gauge slumps to negative 11.9, weaker than expectedOctober 15 - New York -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...October 15 -
Top stories - BBC News
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.October 15 -
World - Financial Times
Euro falls to 2-month low as investors price in interest rate cuts
Single currency has dropped more than 2% against dollar so far this monthOctober 15 -
World - Financial Times
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeOctober 15 -
Top stories - BBC News
Would Donald Trump’s taxes on trade hurt US consumers?
What could happen if Donald Trump drastically increases tariffs as he has promised to do?October 14 - Donald Trump -
Business - MarketWatch
Nvidia’s stock secures first record in four months as customers seem locked in
One analyst says customers are in a “prisoner’s dilemma” that will keep them spending, while another was encouraged by recent Nvidia commentary on the company’s “moat.”October 14 -
Politics - The Hill
Harris campaign hits Trump for 1 month without 'mainstream' interview
After weeks of Republican criticism about Vice President Harris’s media availability, the tables have turned as the Harris campaign accuses former President Trump of avoiding "mainstream" media ...October 14 - Donald Trump -
Business - MarketWatch
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...October 14 -
Top stories - CBS News
How much does a $200,000 home equity loan cost per month now that rates are cut?
As interest rates fall, home equity loans become cheaper. Here's what a $200,000 home equity loan costs monthly now.October 14 -
Business - Inc.
Here’s What Consumer Power Will Tell Us About the Economy
Corporate earnings reports and retail sales data could offer evidence that the U.S. economy is resilient as inflation ebbs.October 14 -
World - Financial Times
US banks ride ‘soft landing’ high
JPMorgan Chase and Wells Fargo beat forecasts as consumers prove more resilient than fearedOctober 14