Latest in Bank Cuts Key
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Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
Trump’s victory means fewer Fed rate cuts
“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.Business - MarketWatch - November 6 -
Bangladesh staves off more Adani power cuts
Dhaka makes assurances to clear its bills after conglomerate threatened to halt electricity suppliesWorld - Financial Times - November 7 -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - November 7 -
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - November 7 -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - November 7 -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - November 7 -
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 - November 7 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Seahawks shake-up: Leading tackler Dodson cut
The Seahawks waived starting inside linebacker Tyrel Dodson, who leads the team with 71 tackles, on Monday.Sports - ESPN - November 11 -
Astonish cut-price soaps clean up in supermarkets
A family manufacturer in Bradford has been propelled by the growth of discount retailersBusiness - Financial Times - November 12 -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.Business - Inc. - November 12 -
Immigration cuts: Why prime ministers keep failing to meet their targets
Promises on net migration have been made for 15 years - but few kept themTop stories - BBC News - November 12 -
Advanced Micro Devices to Cut Global Headcount by 4%
The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.Tech - The Wall Street Journal - November 13 -
Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - November 14