Weak German Consumer Confidence Adds to Economic Woes
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Los Angeles Times - Entertainment
Sean 'Diddy' Combs gets a break amid legal woes as judge dismisses $100-million judgment
Sean 'Diddy' Combs won't have to pay $100 million to an inmate as a judge tosses out last week's default judgment. He still faces a sex-trafficking indictment.1 hour ago -
CBS News - Top stories
Biden economic adviser unpacks Fed interest rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared ...2 hours ago - Joe Biden -
MarketWatch - Business
Small-cap stocks’ bullish ‘Fed day’ performance reflects investors’ confidence in the economy
Stocks reacted erratically to the Federal Reserve’s bulky 50-basis-point interest-rate cut on Wednesday. But by the time the dust had settled, two clear winners had emerged.2 hours ago -
ABC News - Tech
Justice Department disrupts vast Chinese hacking operation that infected consumer devices
FBI Director Chris Wray says the FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations4 hours ago -
ESPN - Sports
WNBA adds 15th franchise with return to Portland
Portland's new WNBA team will be owned by RAJ Sports, led by controlling owner Lisa Bhathal Merage and her brother, Alex Bhathal -- who also are the majority owners of the NWSL's Portland Thorns. ...6 hours ago - WNBA -
CBS Sports - Sports
Why Nick Sirianni feels even more confident about Eagles kicking FG instead of going for it in loss to Falcons
Sirianni said after reviewing the data, he was convinced about kicking6 hours ago - NFL -
Financial Times - Business
Asda’s woes deepen after co-owner of UK’s third-largest supermarket steps back
Mohsin Issa will relinquish responsibility amid faltering performance, with former M&S boss Stuart Rose stepping in6 hours ago -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...6 hours ago -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.6 hours ago - Federal Reserve -
The Guardian - World
The Guardian view on China’s ageing population: an economic and social conundrum | Editorial
Raising the retirement age is never popular, particularly for a country that is getting old before it gets rich . No one should be surprised that China is raising its retirement ages . They are ...7 hours ago -
CNBC - Business
WNBA to add expansion team in Portland, bringing league to 15 franchises
The WNBA is adding another team in Portland in 2026, joining other expansion franchises in San Francisco and Toronto.10 hours ago - WNBA -
CBS Sports - Sports
NFL football pool, pick'em, office pool, confidence picks: Use the Seahawks in Week 3, 2024
SportsLine's advanced computer model locked in the top NFL office pool picks for Week 3 of the 2024 NFL schedule10 hours ago - NFL -
CBS News - Top stories
Fed expected to cut benchmark interest rate, providing relief to consumers
Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.12 hours ago - Federal Reserve -
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CBS News - Top stories
Dockworkers at key U.S. ports threatening strike consumers could feel
About 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.13 hours ago -
CBS News - Politics
Dockworkers at key U.S. ports threatening strike consumers could feel
About 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.13 hours ago -
The Hill - Politics
5 ways the Fed’s rate cuts will affect workers and consumers
The Federal Reserve is widely expected to start cutting interest rates this week, marking an inflection point in the economy. The move is expected to have an effect on financing rates in various ...15 hours ago -
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MarketWatch - Business
Tupperware Brands files for bankruptcy after years of weak sales
Tupperware Brands, the iconic food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years struggling with weak sales.15 hours ago -
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ESPN - Sports
Chiefs bring back Hunt, add RB to practice squad
Six years after releasing Kareem Hunt in the middle of the season, the Kansas City Chiefs on Tuesday signed the 29-year-old veteran running back, who played the past five seasons for his hometown ...16 hours ago - NFL -
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The Hill - Politics
Johnson outlines economic plan under Trump if GOP controls government in 2025
Speaker Mike Johnson (R-La.) on Tuesday outlined his economic agenda for the first 100 days under a second Trump administration — a plan that assumes Republicans will win unified control of ...Yesterday - Donald Trump -
ABC News - Top stories
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rateYesterday -
Inc. - Business
Betting on U.S. Elections Undermines Confidence in Voting, Agency Says
TheCommodities and Futures Trading Commission continues its bid to keep New York startup Kalshi from taking money for election wagers.Yesterday -
The Guardian - World
Taliban’s curbs on women add to risk of polio outbreak, health officials warn
Regime suspends polio campaign across Afghanistan over security concerns and women’s role in vaccination drive. Afghanistan is at risk of a polio outbreak, health officials have warned, after the ...Yesterday -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...Yesterday - Germany -
Financial Times - World
German conservative leader Friedrich Merz says he will run for chancellor
Move sets up duel between CDU chief and SPD incumbent Olaf Scholz in 2025 pollYesterday - Germany -
ABC News - Entertainment
The Masters adds two hours of weekend coverage on Paramount+
The Masters and CBS are expanding weekend coverage by five hours from Augusta NationalYesterday -
ABC News - Sports
The Masters adds two hours of weekend coverage on Paramount+
The Masters and CBS are expanding weekend coverage by five hours from Augusta NationalYesterday -
MarketWatch - Business
A possible Fed interest-rate cut boosts home builders confidence
Builder sentiment rose as mortgage rates fell, the National Association of Home Builders said.Yesterday - Federal Reserve -
Financial Times - World
Israel adds securing northern front against Hizbollah to war aims
Decision increases fears about escalation of conflict with Lebanese militantsYesterday - Israel -
ABC News - World
German opposition Christian Democrats tap leader Friedrich Merz as their candidate for chancellor
Germany’s opposition center-right Christian Democratic Union has chosen its leader Friedrich Merz to be its candidate for chancellor in next year’s national electionYesterday - Germany -
Financial Times - World
A crisis of confidence at the Fed
Its self doubt comes in a decisive week for central banksYesterday - Federal Reserve -
Financial Times - Business
Von der Leyen gives top economic jobs to interventionist EU countries
France, Italy and Spain to share influential portfolios in next European CommissionYesterday - European Union -
The Guardian - World
Unease as Russia-friendly ‘queen of the elections’ aims for more German poll success
Some see Sahra Wagenknecht’s brand of ‘left conservatism’ as a bulwark against AfD but others see reasons to be wary. Sahra Wagenknecht is not even on the ballot in the upcoming state election in ...Yesterday - Russia