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What does the Fed's interest rate cut say about the state of the economy?

The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...

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.

Colorado governor says tax cuts key to state's shift left

Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...

Politics - The Hill - November 8

Stellantis Plans to Cut 1,100 Jobs at U.S. Jeep Plant

Jeep maker Stellantis said it is cutting 1,100 jobs at a U.S. factory as it seeks to reduce high inventory levels that have weighed on its performance.

Business - The Wall Street Journal - November 7

Traders see good chance the Fed cuts again in December then skips in January

Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.

Business - CNBC - November 7

Fed cuts rates by quarter point: What it means for your money

The Federal Reserve announced it will lower interest rates by a quarter point. It’s a decision that impacts everything from home loans to credit cards. NBC’s Christine Romans joins TODAY to break ...

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.

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