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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.2 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 expected2 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.2 days ago -
NBC News - Top stories
She dreamed of a second child but now says a little white pill cost her a son
Jennifer Nosek alleges in a complaint that midwife Heather Baker gave her a "homeopathic" that was actually the drug misoprostol shortly before her son's death.2 days ago -
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.2 days ago -
CNBC - Business
Up to $400 to change a lightbulb? Appliance repair costs are no joke
It is not uncommon to learn the cost of repairs is more than the cost to replace an appliance, experts say.2 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 ...2 days ago -
The New York Times - Top stories
Europe’s New Defense Chief: ‘A King Without a Kingdom’?
The European Union has vowed to enhance its military capability. But money is scarce, responsibilities overlap and the new job is less about soldiers than arms manufacturers.2 days ago - Europe -
GameSpot - Tech
Minecraft PS5 Physical Edition Costs $30, Comes With $20 Of In-Game Currency
Mojang is now gearing up to give Minecraft a PS5 upgrade--one that’ll make full use of the console’s processing power, allowing you to run it in 4K at 60fps. The physical version of Minecraft for ...2 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.2 days ago - Federal Reserve -
The New York Times - Top stories
E.U. Will Offer $39 Billion Loan for Ukraine Without U.S. Help
Plans for a larger sum collapsed when Hungary blocked changes requested by Washington as the price for a joint initiative.2 days ago - Ukraine -
The New York Times - Business
E.U. Will Offer $39 Billion Loan for Ukraine Without U.S. Help
Plans for a larger sum collapsed when Hungary blocked changes requested by Washington as the price for a joint initiative.2 days ago - Ukraine -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.2 days ago -
CNBC - Business
64% of U.S. retirement savers make this 'dangerous' assumption—'avoid it at all costs,' says CFP
The majority of Americans aren't planning for more than 20 years of retirement. Things could get ugly if they live longer or leave work sooner than expected.2 days ago -
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 commissioner2 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?2 days ago - Federal Reserve -
The Hill - Politics
Child care costs more than rent across 100 largest US metros
Child care for two kids costs more than rent across the nation's 100 largest metros, according to a new report.2 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 ratings2 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 July2 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%.2 days ago - China -
Financial Times - World
Coffee producers fear being cut off from EU by new land protection law
Drinks company JDE Peets pleads for year’s delay on ban on supplies from deforested areas over lack of guidelines2 days ago - European Union -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage2 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.2 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.2 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.2 days ago -
The New York Times - Business
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic recession.2 days ago - Joe Biden -
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.3 days ago -
The New York Times - Business
Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and how to shop.3 days ago -
The New York Times - Business
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.3 days ago - Federal Reserve -
Yahoo Sports - Sports
2024: The year without a right answer in Round 1 of fantasy football drafts
Andy Behrens checks in on the year-to-date production of the consensus first-round picks in fantasy drafts. Spoiler alert, it's not pretty.3 days ago -
The Wall Street Journal - Tech
Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.5 days ago