Latest in Cut Isn’t Lowering
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New York to implement congestion pricing at lower rate
New York Gov. Kathy Hochul (D) will revive plans for the nation’s first traffic congestion pricing plan in New York City at a reduced rate after delaying the controversial plan earlier this year. ...Politics - The Hill - November 14 -
Powell says Fed in no ‘hurry’ to lower interest rates further
Central bank chair warns path to a reduction in inflation will be ‘bumpy’Business - Financial Times - November 14 -
JD Sports Expects Profit at Lower End of Guidance
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets.Business - The Wall Street Journal - 3 days ago -
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Retirement isn’t what it used to be — how to find your purpose and avoid getting stuck.
‘Stop looking back at the good old days and look forward to life with a sense of excitement’Business - MarketWatch - October 26 -
AMD could still be a sleeper against Nvidia, but Wall Street isn’t yet convinced
Advanced Micro Devices Inc. executives made some bold statements about the company’s underdog AI accelerator chip Tuesday, and said it is ready to take the spoils from rival Nvidia Corp.Business - MarketWatch - October 30 -
Amazon ‘has never been stronger.’ So why isn’t its stock getting more love?
Amazon’s stock has trailed the S&P 500 over three months, owing in part to concerns about operating income and margin compression. Will Thursday’s earnings alleviate fears?Business - MarketWatch - October 30 -
RNC Chair on why Haley isn’t stumping for Trump: ‘You’d have to take that up with her’
Republican National Committee (RNC) Chair Michael Whatley did not directly address why former Republican presidential candidate Nikki Haley is not campaigning for former President Trump, with just ...Politics - The Hill - October 31 -
This surprising investment strategy could boost your retirement nest egg—but proceed with caution
Most people want to play it safe with their retirement nest egg — but they could also lose ground that way.Business - MarketWatch - November 2 -
How to trade the post-election, post-rate-cut melt-up
Stocks are set to rally further — but the bond market doesn’t like what it sees.Business - MarketWatch - November 9 -
AI isn’t about unleashing our imaginations, it’s about outsourcing them. The real purpose is profit
Artificial intelligence doesn’t just incrementally erode the rights of authors and other creators. These technologies are designed to replace creative workers altogether. Get our weekend culture ...World - The Guardian - November 15 -
Turns out the zombie apocalypse isn’t as fun as they said it would be – Rebecca Solnit on our dangerously disconnected world
A population numbed, dazed, present-but-not-present – had it happened overnight it would be a sci-fi horror movie. And if you looked up from your phone for long enough, you might notice it’s ...World - The Guardian - November 16 -
Why the 30-year fixed-rate mortgage isn’t going away under Trump
The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.Business - MarketWatch - Yesterday -
The Observer view: Selling a piece of fruit for £4m isn’t bananas, it’s decadent. Art is better than this
The sale of Maurizio Cattelan’s work, Comedian, to a crypto entrepreneur is a grim concept that has little to do with disruption. Paulina Brandberg, the Swedish minister for gender equality and ...World - The Guardian - 15 hours ago -
Vote on lowering pension age to 60 jangles nerves in Uruguay
Public to decide on a union-backed reform that worries the government, economists and marketsWorld - Financial Times - October 26 -
Japan's ruling coalition loses a majority in the lower house, creating political uncertainty
Japanese Prime Minister Shigeru Ishiba’s ruling coalition has lost a majority in the 465-seat lower house in a key parliamentary election SundayWorld - ABC News - October 27 -
Japan’s ruling party is certain to lose a majority in the lower house, broadcaster says
Japanese Prime Minister Shigeru Ishiba’s conservative ruling party braced for a blow to its comfortable majority in the lower house of parliament in Sunday’s elections.Top stories - NBC News - October 27 -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - October 28 -
Boeing’s stock reverses lower after announcing a $19 billion capital raise
.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.Business - MarketWatch - October 28 -
Credit card interest rates are surging: How to lower yours now
The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.Top stories - CBS News - October 28 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Opera Philadelphia brings opera to first-time viewers by lowering ticket prices
Opera Philadelphia is lowering ticket prices to make opera more relevant and accessible. The move is drawing in some first-time audiences and boosting revenue. Scott MacFarlane goes backstage to ...Top stories - CBS News - October 29 -
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multiyear lows.Business - CNBC - October 29 -
U.S. crude oil edges lower after worst day in two years
Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.Business - CNBC - October 29 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
A Mastercard executive addresses this burning investor question
Some investors worry it’s going to get harder for Mastercard to find more cash to displace. Its CFO sees plenty of runway ahead.Business - MarketWatch - October 31 -
Rival creditor group offers Thames Water emergency loan at lower rate
The UK’s largest water and sewerage provider is struggling with a £19bn debt loadBusiness - Financial Times - October 31 -
Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - November 1 -
Ryanair profits plunge amid lower fares and Boeing delays
Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary. Business live – latest updates Ryanair’s profits have dropped by nearly a fifth, as ...World - The Guardian - November 4 -
Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...Entertainment - ABC News - November 5 -
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Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - November 5 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7