Cut Average - QuikReader

How the interest rate cut from the Fed could affect you

Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...

As the Fed cuts rates, here’s which CDs are actually increasing their APYs

The general trend since September has been lower CD yields, but some are going in the opposite direction

Business - MarketWatch - November 8

Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom

The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.

Business - MarketWatch - November 8

Europe Urges Trump to Support Ukraine but Braces for Possible Cut in U.S. Aid

European leaders have discussed how to help Ukraine fend off Russia without Washington’s support, even as they try to convince the president-elect not to cut aid to Kyiv.

World - The Wall Street Journal - November 8

Employers eye staff pension schemes to cut national insurance bills

More companies intend to use salary sacrifice arrangements to offset Budget tax rises

World - Financial Times - November 8

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.

Business - Inc. - November 8

Steve Madden says it will cut production in China to avoid Trump tariffs

The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.

'The 12:40 bus left at 12:33': Passengers struggle as fare cap rises

The frequency of rural bus services in England has reached a historic low but fares are now rising.

Why the stock market can count on another Fed rate cut in December

The trend in short-term rates leading up to the U.S. presidential election usually persists.

Business - MarketWatch - November 9

Trevor Sorbie, Creator of the Dorothy Hamill ‘Wedge’ Cut, Dies at 75

He also styled hair for Helen Mirren, the Beach Boys and others, and he was honored by Queen Elizabeth II for services to British hairdressing.

World - The New York Times - November 9

Restaurant workers' jobs threatened by Budget, bosses warn

Hospitality bosses are calling for changes to what they describe as "unsustainable" tax rises.

Boeing to Repay Furloughed Staff and Cut 10 Percent of Jobs

Boeing furloughed thousands employees in the wake of the strike by 33,000 union machinists.

Business - Inc. - November 10

Deutsche’s private bank fires over 100 bankers in cost-cutting drive

Frankfurt-headquartered lender has imposed demanding targets on underperforming unit

Business - Financial Times - November 11

‘I’m switched off’: frustration and fatigue as power cuts keep Ecuador in the dark

Facing a severe drought and reliant on hydropower, the country is enduring relentless blackouts. But experts say opportunities have been missed to adapt and diversify. It’s 6.30pm in Quito, and ...

World - The Guardian - November 11

Brazil's Lula urges Congress to cut spending to help 'beat' financial markets

World - Yahoo News - November 11

23andMe to slash 40% of its workforce, end therapeutics program to cut costs

DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.

Business - MarketWatch - November 12

Chris Wallace exits CNN as post-election cost-cutting begins

Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"

Entertainment - Los Angeles Times - November 12

Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure

The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.

Business - The Wall Street Journal - November 11

Shell wins appeal against order to cut greenhouse gas emissions

Dutch court annuls order made against energy company in 2021

Business - Financial Times - November 12

Latest in Cut Average