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CBS News - Top stories
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.5 hours ago - Federal Reserve -
MarketWatch - Business
Lower interest rates are finally here. Here’s how to decide if you should refinance your mortgage.
There’s been upswing in mortgage refinances as rates have dropped. But the time may not be right for you.5 hours ago -
ABC News - Tech
Justice Department disrupts vast Chinese hacking operation that infected consumer devices
FBI Director Chris Wray says the FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations6 hours ago -
BBC News - Top stories
US interest rates cut by 0.5% in first drop in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.6 hours ago -
CNBC - Business
The Fed goes big — a nice jumpstart to lowering mortgage rates and boosting housing plays
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.8 hours ago - Mortgage -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...8 hours ago - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.8 hours ago - Federal Reserve -
CNBC - Business
Here's what Morgan Stanley, Wells Fargo stand to gain from lower interest rates
Banks are hoping for a more normalized bond market yield curve, with a wider spread between the short end and the long end.9 hours ago -
The Hill - Politics
12:30 Report — Who will lowering interest rates help?
Presented by Novo Nordisk — 🎤 Trump's back on the campaign trail {beacon} 12:30 REPORT It’s Wednesday. Writer Abby Olcese posted that she sat next to an Abraham Lincoln impersonator at an airport ...10 hours ago -
CBS News - Top stories
Fed expected to cut benchmark interest rate, providing relief to consumers
Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.14 hours ago - Federal Reserve -
MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.14 hours ago -
CBS News - Top stories
Dockworkers at key U.S. ports threatening strike consumers could feel
About 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.15 hours ago -
The Hill - Politics
5 ways the Fed’s rate cuts will affect workers and consumers
The Federal Reserve is widely expected to start cutting interest rates this week, marking an inflection point in the economy. The move is expected to have an effect on financing rates in various ...16 hours ago -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...20 hours ago - United Kingdom -
ABC News - Top stories
WATCH: Dog stands on hind legs to give a gentle welcome sniff to new puppy
Cooper the dachshund stood tall to give his new son Dorito a gentle first sniff.Yesterday -
ABC News - Top stories
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rateYesterday -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
ABC News - Sports
Boston Marathon lowers qualifying times for most prospective runners for 2026 race
Runners hoping to qualify for the 2026 Boston Marathon are going to have to pick up the paceYesterday -
MarketWatch - Business
Investors should brace for lower stock-market returns over the next decade, JPMorgan warns
Millennials and Generation Z might not enjoy the robust returns from U.S. stocks that helped swell the retirement accounts of their parents and grandparents, according to a team of equity analysts ...Yesterday -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
NBC News - Top stories
Drinking this much coffee a day is linked to a lower risk of several diseases
A new study found that drinking about three cups of coffee per day was associated with the lowest risk of stroke, coronary heart disease and type 2 diabetes.Yesterday -
MarketWatch - Business
Actress Sarah Paulson lowers the price of her $1.8 million mobile home in ‘America’s priciest trailer park’
This is not your average trailer park. Located on a Malibu beach, it’s attracted a number of celebrities over the years.Yesterday -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday