Latest in California Rates
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State Farm Seeks an Urgent Increase in California Rates After Fires
The company asked state regulators to approve a 22 percent increase on average.The New York Times - 19h -
Will home equity loan interest rates fall this February?
With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.CBS News - 4d -
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Will the credit rating agencies stand up to Trump?
Debt rankers appear to have been more coy in recent years on risks of developed economies than emerging marketsFinancial Times - 4d -
US economy grew at 2.3% rate in fourth quarter
Figure comes after Fed chair Jay Powell said there was no hurry to cut interest ratesFinancial Times - 5d -
Mortgage rates are stuck at 7% as Fed holds steady on interest rates
Bad news for home buyers: Mortgage rates are largely stuck at 7% for the time being.MarketWatch - 5d -
Is the Fed interest rate pause good for mortgage rates?
The Fed's rate pause is likely to impact borrowing costs — but will it make mortgage loans more affordable?CBS News - 5d -
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.The New York Times - 6d -
Fed expected to leave interest rates unchanged in first rate decision of 2nd Trump presidency
The Federal Reserve on Wednesday will make its first interest rate decision of the second Trump administration with economists predicting rates will remain unchanged. CBS News business analyst Jill ...CBS News - 6d -
How low will UK interest rates go?
There is more room for the Bank of England to loosen monetary policy than the market expectsFinancial Times - Jan. 27 -
Will the Fed respond to Trump’s call on interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 26 -
Trump says he will 'demand' lower interest rates
Trump made a virtual address to the World Economic Forum in Davos, Switzerland.ABC News - Jan. 23 -
BoJ looks to raise rates in shadow of Trump inauguration
Increase would further entrench officials’ move to normalise monetary policyFinancial Times - Jan. 20 -
When will HELOC interest rates drop again?
HELOC interest rates recently fell to an 18-month low. Here's when they could decline again.CBS News - Jan. 17 -
Who owns California's water?
False claims over a wealthy California couple owning a vast amount of California's water are surfacing online. CBS News Confirmed's Melissa Mahtani sets the record straight.CBS News - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
The Dream of California Is Up in Smoke
Los Angeles seemed like paradise. Who could have imagined where it would lead?The New York Times - Jan. 12 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Congress braces for California wildfire fallout
House lawmakers are bracing for what could be a contentious battle over emergency spending in the wake of the wildfires that are tearing through Southern California — an unprecedented disaster ...The Hill - Jan. 11 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
California Sen. Alex Padilla says protecting California "shouldn't be a political conversation"
Democratic Sen. Alex Padilla of California joins "America Decides" to discuss the devastating wildfires ravaging the Los Angeles area. He also addresses President-elect Donald Trump's criticisms of ...CBS News - Jan. 9 -
See how large the California wildfires are
See how large the wildfires have become. The Palisades Fire is already larger than the land size of Providence, Rhode Island.NBC News - Jan. 9 -
MAGA Is Blaming DEI for the California Wildfires
Rather than months without rain or the effects of climate change, figures like Elon Musk and Donald Trump Jr. are pointing to a familiar scapegoat as entire neighborhoods burn.Wired - Jan. 9 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
Wildfires in Southern California
Plus, we explain why Facebook is getting rid of fact-checking.The New York Times - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
More dangerous winds expected in California
As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.CBS News - Jan. 7 -
Source: City eye deal for £50m-rated Marmoush
Manchester City are exploring a deal to sign striker Omar Marmoush, a source has told ESPN, but accept that it will be difficult to prise him away from Eintracht Frankfurt.ESPN - Jan. 7 -
Dangerous winds fueling California wildfires
NBC News' Chase Cain reports on the heavy smoke seen over Pacific Palisades, Calif., while meteorologist Bill Karins details the path of the strong winds.NBC News - Jan. 7 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
7 ways to get a lower mortgage rate in 2025
Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.CBS News - Jan. 6 -