Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel

Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.

Business - MarketWatch - Yesterday

BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

Business - CNBC - Yesterday

Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

Business - CNBC - October 23

Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live

UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...

World - The Guardian - October 16

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 ...

World - ABC News - October 17

Import prices fall for second straight month in September, led by drop in cost of fuel

The U.S. import price index fell 0.4% in September, the Labor Department said Wednesday. This is the second straight monthly decline due to lower fuel prices.

Business - MarketWatch - October 16

How much does a $70,000 HELOC cost per month now that rates have dropped?

A $70,000 HELOC comes with inexpensive monthly payments that could become cheaper as rate cuts are issued.

How much does a $125,000 HELOC cost per month now that rates have dropped?

A HELOC is one of the most affordable financing options available right now. Here's what you can expect to pay each month.

How much does a $200,000 HELOC cost per month now that rates are dropping?

HELOCs come with lower interest rates than many alternatives right now - and they could fall further in November.

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

Badenoch says she may need a softer approach

The Tory leadership frontrunner admits she may need to "calibrate" her approach, see by some as combative.

Marler criticised after saying haka 'needs binning'

England prop Joe Marler is criticised after posting that the haka "needs binning" before Saturday's match against New Zealand.

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.

Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report

Ferguson was reportedly paid around $3 million a year for his services

Sports - CBS Sports - October 15

How much does a $15,000 home equity loan cost monthly now that rates were cut?

A home equity loan for $15,000 comes with inexpensive monthly payments now. Here's what to know.

How much does a $25,000 HELOC cost monthly now that rates were cut?

A $25,000 HELOC comes with inexpensive monthly payments right now, and they could become even cheaper in the months to come.

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.

Business - The Wall Street Journal - October 21

How much does a $30,000 home equity loan cost per month now that rates were cut?

A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.

Business - CNBC - 5 days ago

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

What Germany’s new naval base means for Baltic security

Also in this newsletter: the UK joins the EU in committing to the G7 loan to Ukraine

World - Financial Times - October 22

AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC

The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.

Business - The Wall Street Journal - October 17

Middle East crisis live: Netanyahu vows revenge on Iran proxies after drone attack on his house

Israeli prime minister says incident was an assassination attempt and the perpetrators will ‘pay a heavy price’. Here are some of the latest images coming in via the news wires:. Naval drills ...

World - The Guardian - October 19

KD beats LeBron, Nuggets & Bucks panic meter, Banchero drops 50 & Wolves deep dive | Kevin O'Connor Show

On today's episode of The Kevin O'Connor Show, Kevin kicks things off with help from Daman Rangoola as the duo give their instant takeaways from Monday night's games, including the Los Angeles ...

Sports - Yahoo Sports - Yesterday

Ballot drop box fires in Oregon and Washington are likely connected, police say

Ballot boxes in Portland, Ore., and neighboring Vancouver, Wash., were set on fire early Monday morning, police said, just over a week out from Election Day.

Employment rights bill will cost firms £5bn per year but benefits will justify costs, government says – UK politics live

Analysis from business and trade department says bill will significantly strengthen workers’ right. In the past the weirdest budget tradition was the convention that the chancellor is allowed to ...

World - The Guardian - October 21

Injuries cost top men’s clubs in Europe €732m last season, study shows

More than 90,000 days lost across the top five divisions Figure recorded before impact of expanded club calendar Clubs in Europe’s top five divisions lost €732m (£610m) in wages paid to injured ...

World - The Guardian - October 15

Children must not pay price of council cuts, commissioner says

Local government experts say councils made all the "easy cuts" years ago and still face shortfalls.

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.”

Business - The New York Times - October 15

Top Trump economic adviser says big Fed rate cut was justified

Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins election

Business - Financial Times - October 18

Back-to-back rate cuts no indication of future ECB policy, governor says

Slovenian central bank chief Boštjan Vasle argues central bank needs flexibility to respond to signs of persistent inflation

World - Financial Times - October 20

Funding cuts could mean death of Sámi languages, say Indigenous parliaments

Sweden and Finland plan to withdraw funding to safeguard nine languages defined as threatened by Unesco. The Indigenous parliaments of Sweden, Finland and Norway have warned that some Sámi ...