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Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - Yesterday

Children must not pay price of council cuts, commissioner says

Local government experts say councils made all the "easy cuts" years ago and still face shortfalls.

Crisis-hit VW eyeing plant closures, deep pay cuts: report

World - Yahoo News - October 28

Nomura profits surge as chief takes pay cut over trading scandal

Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversy

Business - Financial Times - November 1

Volkswagen aims to cut worker anniversary bonuses amid pay dispute

World - Yahoo News - 6 days ago

Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

Carmaker to slash global production capacity by a fifth in emergency turnaround plan

World - Financial Times - 2 days ago

Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half

The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.

Business - The New York Times - Yesterday

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

Two days after the election, the Federal Reserve will cut rates again.

Business - Inc. - 5 days ago

What to know about the interest rate cut expected from the Federal Reserve

Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.

Top stories - CBS News - Yesterday

Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - Yesterday

Federal Reserve cuts interest rate for second time in 2024

The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...

Top stories - CBS News - Yesterday

Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point

After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.

Business - Inc. - Yesterday

How the Federal Reserve interest rate cut could affect Americans

The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...

Top stories - CBS News - Yesterday

Federal Reserve cuts interest rates another quarter-point

The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.

Top stories - CBS News - Yesterday

Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says

Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.

Business - CNBC - October 28

If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

Musk is talking big cuts. Something’s got to give.

Business - MarketWatch - October 29

Possible Trump Treasury secretary says he'd work with Musk to cut federal spending

Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...

Politics - The Hill - October 30

Harris slams House speaker for suggesting GOP would cut federal semiconductor aid

Democrat Kamala Harris and Republican Donald Trump are zeroing in on Sunbelt states as they embark on one last weekend quest to sway undecided voters in battleground states that will determine the ...

The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you

The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.

Business - CNBC - Yesterday

Titans cutting Jamal Adams

Jamal Adams' brief tenure in Tennessee is coming to an end.

Sports - Yahoo Sports - October 17

Who has to pay inheritance tax?

Inheritance tax is again creating political debate so how does it work and who pays?

Musk’s gamble on Trump pays off

Billionaire chief of Tesla and X looks set to take up influential adviser role in White House

World - Financial Times - 3 days ago

Citi revamps pay for wealth bankers

More bonuses will go to those who move client assets into investments, and less to those who sell new loans

Business - Financial Times - Yesterday

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

OPEC extends oil output cuts

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Politics - The Hill - 4 days ago

Salmond family pay tribute to 'devoted and loving' man

The family of the former first minister vow to continue his work for Scottish independence.

Lilly Ledbetter, equal pay icon, dead at 86

Lilly Ledbetter, a champion of women getting paid the same as men for doing the same work, has died, her family said in a statement. She was 86.

Lilly Ledbetter, equal pay trailblazer, dies at 86

Lilly Ledbetter, an activist for equal pay whose legal fight against her employer paved the way for the Fair Pay Act, has died. She was 86. Ledbetter worked at Goodyear Tire and Rubber Company in ...

Politics - The Hill - October 14

Lilly Ledbetter remembered for equal pay activism

Lilly Ledbetter, a champion of equal pay for women, died over the weekend at 86. President Barack Obama posted a tribute saying Ledbetter "never set out to be a trailblazer or a household name, she ...

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

Trump promises tariffs to help pay for economic plans

Former President Donald Trump addressed the Economic Club of Chicago and doubled down on applying tariffs to help pay for the costs of his proposed economic plan. Trump affirmed tariffs will keep ...

To Make AI Pay, Master 2 Power Traits

You must be insatiably curious and excel at managing process redesign.

Business - Inc. - October 16

London Tube drivers to strike over pay

London Underground drivers are set to strike on two days in November in a dispute over pay.

London Underground workers to strike over pay

Aslef and RMT unions announce series of walkouts in November

Business - Financial Times - October 16

Here’s Why the Gender Pay Gap Is Getting Wider

Reversing a 20-year trend, the gap between men’s and women’s wages increased in 2023.

Business - Inc. - October 16

BRC Asia (SGX:BEC) Will Pay A Dividend Of SGD0.06

BRC Asia Limited ( SGX:BEC ) has announced that it will pay a dividend of SGD0.06 per share on the 15th of November...

Sports - Yahoo Sports - October 16

'Devastated' One Direction processing 'loss of our brother'

The star's former band members lead tributes to the singer, who died aged 31 after falling from a balcony.

After Decades of Increases, CEO Pay Dipped in 2023

An annual study of chief executive compensation found average pay dropped nearly 20 percent last year, reflecting a reduction of stock options in their pay packages.

Business - Inc. - October 17

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