Bank Lowers Interest

American interest rates need to rise

Lessons for the US from the Brazilian canary in the coal mine

World - Financial Times - October 15

FirstFT: Uber explored bid for travel website Expedia

Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars back

World - Financial Times - October 17

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Will HELOC interest rates fall in November?

HELOC interest rates have been falling this fall, but will they continue to do so in November? Here's what to know.

Deutsche Bank's Investment Bank Performance, Provision Releases Lift Profit

Deutsche Bank reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation over its ...

Business - The Wall Street Journal - October 23

Corporate Retreats Are Back. Hotels Are Banking on It.

Desire for more face-to-face meetings is spurring companies to book group events.

Business - The Wall Street Journal - October 14

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

UK banks deserve a place in the sun

Third-quarter results underscore their low sensitivity to interest rates

World - Financial Times - October 29

The West Bank Is on the Edge of Economic Collapse

After over a year of war, the economy in the occupied West Bank is being choked off by restrictions on Palestinians’ movements in the territory, the cancellation of work permits in Israel and ...

World - The Wall Street Journal - 2 days ago

Harris phone banks on Election Day

Vice President Kamala Harris spent Election Day phone banking and thanking her staff at Democratic headquarters in Washington D.C. Nancy Cordes reports.

UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...

Business - MarketWatch - October 15

10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading

Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...

Business - MarketWatch - October 15

TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production

The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...

Business - The Wall Street Journal - October 15

Lower oil prices are good for consumers — but a bad sign for the global economy

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.

Business - MarketWatch - October 16

CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena

Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...

Business - MarketWatch - October 17

Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce

More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.

Business - MarketWatch - October 17

Absolut Vodka Maker Pernod Ricard Posts Lower Sales

The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.

Business - The Wall Street Journal - October 17

Democrats press Biden to lower housing costs before leaving White House

Democratic lawmakers from the House and Senate pressed President Biden to lower housing costs before he leaves the White House in a letter dated Wednesday. “We write today to thank you for your ...

Politics - The Hill - October 17

Weight-loss drugs could be key in lowering US obesity rates – experts

Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...

World - The Guardian - October 18

Saquon Barkley fined $45,020 for lowering his helmet into a defender

The NFL hit the Eagles' running back hard for a collision with Browns defensive tackle Maurice Hurst.

Sports - Yahoo Sports - October 19

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

2 States to Vote on Lower Minimum Wage Rate for Tipped Workers

Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.

Business - Inc. - October 21

Genuine Parts stock slides on Q3 earnings miss, lowered outlook

Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...

Business - MarketWatch - October 22

UK unions could seek bargaining rights with just 2% of workers as members

Ministers will consult on range of measures aimed at easing representation

Business - Financial Times - October 22

Watch live: Biden, Sanders give remarks on lowering drug costs

President Biden and Sen. Bernie Sanders (I-Vt.) are in New Hampshire Tuesday to tout efforts made by the administration on health care savings and lowering drug prices. The duo are expected to ...

Politics - The Hill - October 22

Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance

The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.