Latest in US economic growth for last quarter is revised up to a solid 3% annual rate
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FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
New GDP numbers show 2.8% growth in 3rd quarter
The new GDP report released Wednesday shows the U.S. economy grew at a 2.8% annual pace in the third quarter. Jared Bernstein, chair of the Council of Economic Advisers, joined CBS News to discuss ...Top stories - CBS News - October 30 -
Drive Growth With SEO: 3 Tips for Small-Business Owners
Why a solid SEO strategy sets successful online businesses apart—and how to develop one.Business - Inc. - 2 days ago -
Trio of professors win Nobel economics prize for work on post-colonial wealth
British-born Simon Johnson and James A Robinson and Turkish-American Daron Acemoğlu share £810,000 prize . Three US-based professors, including two UK-born academics, have been awarded this year’s ...World - The Guardian - October 14 -
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...Politics - The Hill - October 22 -
Five economic areas the incoming US president needs to tackle
New administration must find a way to maintain growth while repositioning the economyWorld - Financial Times - 4 days ago -
Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says
Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...Business - MarketWatch - October 19 -
Starmer vows to rip up bureaucracy to unleash ‘shock and awe’ of investment
Prime minister targets competition authority and other regulators he believes are stifling global appealBusiness - Financial Times - October 14 -
Klarna sells loans to hedge fund Elliott to free up £30bn for growth
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolioBusiness - Financial Times - October 16 -
Games VC funding is stabilizing, but growth-stage funding is up | Konvoy
Konvoy has published its latest report on venture capital funding in the gaming industry, which shows signs of normalizing.Tech - VentureBeat - October 16 -
India’s start-ups look to villages to drive next leg of growth
Indian start-ups are shifting their focus to rural consumers, hoping to tap into a new wave of growth.Top stories - BBC News - October 21 -
Puma Sales Growth Picks Up as U.S. Business Recovers
Puma maintained its outlook for the year on the back of an acceleration in sales growth, helped by a recovery in its U.S. business.Business - The Wall Street Journal - 3 days ago -
Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point
After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.Business - Inc. - Yesterday -
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.Business - The New York Times - Yesterday -
Federal Reserve cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.Top stories - CBS News - Yesterday -
Fed cuts rates by quarter point: What it means for your money
The Federal Reserve announced it will lower interest rates by a quarter point. It’s a decision that impacts everything from home loans to credit cards. NBC’s Christine Romans joins TODAY to break ...Top stories - NBC News - Yesterday -
How a rare type of mortgage is landing homebuyers a 3% rate
U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.Business - CNBC - October 15 -
3 ways HELOC interest rates could drop this November
HELOC interest rates are on the decline. Here's how they could fall even further in November.Top stories - CBS News - October 28 -
Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 30 -
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 ...World - The Guardian - October 15 -
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over
Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.Business - CNBC - October 23 -
5 takeaways from the last full fundraising quarter before Election Day
Federal candidates have now submitted their reports for what was the final full fundraising quarter before Election Day, offering a snapshot of their financial status with just three weeks to go. ...Politics - The Hill - October 17 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
The economy grew 2.8% last quarter. Here's how that impacts you
The government released its latest GDP number, which is a measure of the change in the economy's size. The report shows it grew at an annual rate of 2.8% in the third quarter of the year. CBS News ...Top stories - CBS News - October 31 -
The Nobel economics prize is awarded to 3 experts for research into differences in prosperity between nations
The Nobel economics prize is awarded to 3 experts for research into differences in prosperity between nationsWorld - ABC News - October 14
