Bankers Cost Cutting
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Business - Financial Times
Ikea posts first drop in revenue since 2020 after cutting prices
Flat-pack furniture retailer returns to policy of lowering furniture costs after pandemic-era increases21 minutes ago -
Business - MarketWatch
The Fed’s cutting rates. Here are three yield curve scenarios, and what they’d mean for the stock market
Tan Kai Xian, an analyst at financial research service Gavekal, says there are three scenarios for the yield curve, and for each he gives the implication for the U.S. stock market.35 minutes ago -
Business - Financial Times
Hurricane Milton leaves millions without power after lashing Florida
At least two people are killed as state is hit by storm surges and winds of 120mph1 hour ago - Florida -
Business - CNBC
7-Eleven's parent company cuts full-year earnings forecast, presses ahead with restructuring
The news comes as the Japanese retail group resists a takeover attempt by Canada's Alimentation Couche-Tard.2 hours ago -
World - The Guardian
New HSBC boss ‘ready to cut jobs of senior bankers to save $300m’
Reports say Georges Elhedery’s plans part of restructure that would lead to merging global and commercial units. The new boss of HSBC is reportedly readying to cut the jobs of some of the bank’s ...3 hours ago -
Business - Financial Times
HSBC targets senior bankers in cost-cutting plan
New chief Georges Elhedery is working on restructuring that could save as much as $300mn7 hours ago -
Business - The New York Times
Trump Keeps the Tax Cut Promises Coming, Now for Americans Abroad
Former President Donald J. Trump said in a statement that he would seek to end the “double taxation” of Americans overseas.9 hours ago - Donald Trump -
Business - CNBC
Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.12 hours ago - Federal Reserve -
Politics - The Hill
Mortgage applications drop 5.1 percent as rates rise despite Fed cuts
Mortgage applications dipped earlier this month as rates have been on the rise following a strong September jobs report. Recent data from the Mortgage Bankers Association’s (MBA) Weekly ...14 hours ago - Federal Reserve -
Business - The New York Times
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.15 hours ago - Federal Reserve -
Business - The New York Times
Boeing and Workers Dig In for a Long Fight, Despite Strike’s Cost
Nearly a month into a union walkout, the aerospace giant withdrew its latest contract offer, and the two sides exchanged blame over the breakdown.15 hours ago -
Business - Financial Times
Fed officials were divided over big rate cut in September
Minutes from meeting showed some dispute about how quickly to reduce borrowing costs16 hours ago - Federal Reserve -
Top stories - CBS News
Here's what a $70,000 home equity loan costs monthly now that rates are falling
A home equity loan for $70,000 could be the cost-effective borrowing option homeowners are looking for now.16 hours ago -
Tech - GameSpot
Marvel Champions: The Card Game And Expansions Are Getting Big Price Cuts Today
Make your next game night more memorable with Marvel Champions: The Card Game . It lets you and three friends team up to battle supervillains while taking on the roles of Spider-Man, Black ...16 hours ago -
Business - Inc.
Fed Minutes Could Offer a Peek at Rate Cut Debate
Insight into the central bank’s decision to cut the prime interest rate may signal its plans for future reductions.17 hours ago - Federal Reserve -
Business - CNBC
Social Security cost-of-living adjustment for 2025: Here's how benefits may change
Social Security beneficiaries are expected to find out this week just how much their benefits will increase in 2025.17 hours ago -
Politics - The Hill
Medicare coverage of weight loss drugs would cost $35B: CBO
Expanding Medicare to cover weight loss drugs would cost $35 billion over eight years, according to a new report from the Congressional Budget Office (CBO). In its estimates released Tuesday, CBO ...17 hours ago -
Business - Financial Times
Germany expects economy to shrink in 2024 after cutting forecast
Government predicts rebound in 2025 following 0.2% decline this year as it tries to address long-term structural problems18 hours ago -
Top stories - CBS News
How much does a $90,000 HELOC cost per month now that rates are cut?
Payments on a $90,000 HELOC are currently affordable and they could become cheaper soon. Here's what to know now.19 hours ago -
Top stories - CBS News
How to earn big CD returns as interest rates are cut
A single interest rate cut hasn't dramatically affected CD accounts. Here's how you can still earn a big return now.20 hours ago -
Top stories - CBS News
What will happen to home prices as interest rates are cut?
Experts predict home prices will rise as interest rates are cut, but two other outcomes could unfold.20 hours ago