Latest in Why Uncertainty Still Hangs Over the Fed’s Rate Decision
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Here's what to expect with the Fed's next interest rate cut looming
On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.Top stories - CBS News - 2 days ago -
What a potential Fed rate cut could mean for the economy
As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...Top stories - CBS News - 2 days ago -
How Fed Rates Influence Credit Cards, Loans, Savings and More
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.Business - The New York Times - 2 days ago -
Trump’s win and the Fed’s rate cut are giving the stock market an open road
S&P 500 races ahead, and opportunities surface in solar power and crypto.Business - MarketWatch - 2 days ago -
What does the Fed's interest rate cut say about the state of the economy?
The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...Top stories - CBS News - 2 days ago -
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 the interest rate cut from the Fed could affect you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...Top stories - CBS News - Yesterday -
As the Fed cuts rates, here’s which CDs are actually increasing their APYs
The general trend since September has been lower CD yields, but some are going in the opposite directionBusiness - MarketWatch - Yesterday -
Customers are withdrawing pension money over Budget uncertainty, warns AJ Bell
Wealth managers say speculation over UK tax changes is changing customer behaviourBusiness - Financial Times - October 17 -
WPP returns to sales growth but warns over economic uncertainty
Advertising agency’s revenues rise in US and Europe but fall more than a fifth in ChinaBusiness - Financial Times - October 23 -
Shohei Ohtani's shoulder injury casts a shroud of uncertainty over win
Despite a moment of panic at Dodger Stadium, manager Dave Roberts remained optimistic, and Los Angeles is turning the page to Game 3.Sports - Yahoo Sports - October 27 -
‘A gift to the Kremlin’: uncertainty over Ukraine’s future after Trump victory
Some express fears over US aid for Ukraine while others say the country is already struggling. Ukraine was plunged into gloom and uncertainty after Donald Trump’s victory amid expectations that he ...World - The Guardian - 3 days ago -
Uncertainty around the elusive ‘neutral’ interest rate could pose a real risk for markets
Nobody can say for sure where the “neutral” rate for the U.S. economy lies. As the Fed starts cutting, that’s making some on Wall Street nervous about a potential reacceleration of inflation.Business - MarketWatch - October 15 -
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - November 1 -
What will happen to home equity loan rates after this week's Fed rate cut?
Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.Top stories - CBS News - 4 days ago -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - 2 days ago -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - October 30 -
Why mortgage rates are back up to nearly 7%
The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.Business - MarketWatch - October 24 -
Why the Sabres still believe they're a playoff team
Buffalo has a 13-year postseason drought, and lost three of its first four. With a similar cast of players as 2023-24, will the results be different?Sports - ESPN - October 15 -
Why gold still shines in modern portfolios
Gold is a strategic tool utilized for multiple purposes. Here's why it's still valuable in modern portfolios.Top stories - CBS News - October 29 -
Why Are People Still Buying Ripped Jeans?
A reader wonders if ripped jeans will ever go out of style. Our fashion critic offers insight into the future of distressed denim.Lifestyle - The New York Times - 5 days ago -
Why Are People Still Buying Ripped Jeans?
A reader wonders if ripped jeans will ever go out of style. Our fashion critic offers insight into the future of distressed denim.Lifestyle - The New York Times - 5 days ago -
Why you should open a CD before the November Fed meeting
The benefits of opening a CD could soon be waning. Here's why you should open one before the November Fed meeting.Top stories - CBS News - October 14 -
Why you should open a $10,000 CD before the November Fed meeting
For many savers, it makes sense to deposit $10,000 into a CD before the next Federal Reserve meeting. Here's why.Top stories - CBS News - October 29 -
Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS
CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.Business - CNBC - November 1 -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines
The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed’s overall rate edges back to its 2 percent target.Business - Inc. - 2 days ago -
Biden urges Western allies to keep aiding Ukraine during meeting with Europe leaders before election
U.S. President Joe Biden told European partners that it’s important for Ukraine’s Western allies to “sustain our resolve” in supporting the countryWorld - ABC News - October 18