Latest in Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Sort by
514 items
-
In Mexico, Heat Waves Are Even Killing Younger Adults
It’s not just the elderly. More than three-quarters of heat-related deaths in Mexico occurred among people younger than 35, researchers reported.The New York Times - 5d -
Evening Report — Dems' youth surge
Presented by Southern Company — Plus: Johnson woos adversaries. {beacon} Evening Report © AP Photo/Alex Brandon Younger Democrats vie for influence in House A YOUTH MOVEMENT is underway among ...The Hill - 5d -
12/5: CBS Evening News
Search intensifies for gunman who fatally shot UnitedHealthcare CEO; Biden holds his final White House Christmas tree lighting ceremonyCBS News - 5d -
The Cryptocurrency You May Not Even Know You Own
Many funds hold stakes in MicroStrategy, which behaves like Bitcoin’s wilder cousin. This may not be what you want in your retirement portfolio, our columnist says.The New York Times - 5d -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - 5d -
Why you should open a long-term CD before the December Fed meeting
The final Federal Reserve meeting of 2024 is set for December 17. Here's why you should open a long-term CD before then.CBS News - 5d -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - 5d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 5d -
Why more Americans are retiring earlier, even when they don't want to
Many Americans consider 65 to be the right age to retire. But according to the Trans-America Center for Retirement Studies, the median retirement age is 62 years old. Dan Geltrude, the founder of ...CBS News - 6d -
Evening Report — Some Dems warm to DOGE
Presented by Southern Company — Plus: A manhunt underway in NYC. {beacon} Evening Report © Greg Nash Musk, Ramaswamy take DOGE to Capitol Hill TWO DISRUPTERS tapped by President-elect Trump to ...The Hill - 6d -
HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.CBS News - 6d -
Why has it been even hotter than expected recently? Research points to diminishing cloud cover
Temperatures have risen far higher over the past two years than scientists expected. A study offers a possible reason why: Cloud cover has decreased.NBC News - 6d -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - 6d -
12/4: CBS Evening News
Search on for gunman who killed UnitedHealthcare CEO; Truck driver honored for courageous rescue of wounded Texas officerCBS News - Dec. 5 -
Evening Report — Hegseth on the brink
Presented by Southern Company — Plus: Dem criticism builds over Biden pardoning his son {beacon} Evening Report © Greg Nash Hegseth digs in as nomination teeters Pete Hegseth, President-elect ...The Hill - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
Job Openings Rebound, Though Hiring Slows
The number of job openings rose last month from a recent low, but the labor market still presents a mixed picture as vacancies were filled at a slower pace.Inc. - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Brazil film portraying notorious crime during dictatorship strikes chord: ‘It hasn’t been overcome’
Abduction and murder of Rubens Paiva under the 1964-85 regime is retold in new box office hit I’m Still Here. They came for Rubens Paiva one Wednesday lunchtime in January 1971, barging into his ...The Guardian - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
12/3: CBS Evening News
Pete Hegseth, Trump's pick for defense secretary, on shaky ground; Colorado deputies hailed as heroes for fiery home rescueCBS News - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
12/2: CBS Evening News
Biden faces backlash for granting pardon to son Hunter; Amazon's driver program faces criticism over safety issuesCBS News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Evening Report — Democrats reeling after Hunter pardon
Presented by Southern Company — Plus: Kash Patel takes spotlight as Trump's latest polarizing pick {beacon} Evening Report Monday, Dec. 2 | By Jonathan Easley © Kris Connor, Wire Image Democrats ...The Hill - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2