China Cuts Interest
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The Hill - Politics
US anticipates announcement to cut back troops in Iraq next week
A long-expected deal to reduce U.S. troop presence in Iraq will likely be announced next week, two administration officials said Friday. The agreement with Iraq, which would reduce American troops ...3 days ago - Iraq -
CBS News - Top stories
Did the interest rate cuts spark economic growth?
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent ...3 days ago -
CBS News - Top stories
3 big HELOC benefits to know as interest rates drop
A home equity line of credit can be particularly advantageous for borrowers now as interest rates drop. Here's why.3 days ago -
The Hill - Politics
Is China preparing to attack Japan?
China may be preparing a surprise attack against Japan, involving a massive missile barrage against all major U.S. and Japanese military installations, in order to maximize the effectiveness of a ...3 days ago - China -
CBS News - Top stories
Should you borrow home equity now that the Fed has cut rates?
It could be a smart time to borrow from your home's equity — but you should consider a few factors first.3 days ago - Federal Reserve -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.3 days ago - Federal Reserve -
CBS News - Top stories
Should you buy a home after the Fed's big rate cut?
There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.3 days ago -
The New York Times - Business
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.3 days ago -
Financial Times - Business
Top Fed official would back more aggressive interest rate cuts if US data worsen
Influential governor Christopher Waller says inflation is falling more quickly than he expected3 days ago - Federal Reserve -
BBC News - Top stories
Construction giant collapse sees 2,200 jobs cut
The UK operations of the construction group ISG collapsed into administration on Friday.3 days ago -
CBS News - Top stories
Will mortgage interest rates fall further in September?
Mortgage interest rates plunged to a 2-year low this week. But will they drop even further this month?3 days ago - Mortgage -
CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 6% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.3 days ago -
NBC News - Top stories
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to ...3 days ago -
The Hill - Politics
The Fed finally cut interest rates — but let's not get too excited just yet
If you're running a small business, this cut in interest rates will have little impact.3 days ago - Federal Reserve -
Financial Times - World
China’s electric carmakers warn of EU investment cuts over tariff threat
Statement comes as talks continue between Beijing’s commerce minister and European trade commissioner3 days ago - China -
ABC News - Top stories
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week. Will they do it again?3 days ago - Federal Reserve -
The Wall Street Journal - Business
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.3 days ago - China -
The New York Times - Business
China To ‘Gradually’ Resume Imports of Japanese Seafood
China imposed a ban last year after Japan began releasing treated water from the Fukushima nuclear plant into the sea. They have agreed to expand monitoring of the water.4 days ago - China -
Financial Times - World
Abrdn to drop China from emerging markets fund
Manager says move is designed to give investors more choice as Chinese market lags behind rivals4 days ago - China -
Financial Times - World
BoJ holds interest rates and upgrades consumption outlook
Central bank forecasts Japanese economy will keep growing at a pace above its potential growth rate4 days ago -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings4 days ago -
MarketWatch - Business
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July4 days ago - China -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.4 days ago - China -
CNBC - Business
Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.4 days ago -
ESPN - Sports
Transfer Talk: Newcastle try to fend off Arsenal, Liverpool interest in Gordon
Newcastle are ready to make Anthony Gordon their highest-paid player amid interest from Liverpool and Arsenal. Transfer Talk has the latest.4 days ago -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.4 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.4 days ago -
The Wall Street Journal - Business
Mercedes-Benz Cuts Full-Year Outlook
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, specifically in China.4 days ago