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Dow plunges after Powell's comments on rate cuts
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock ...CBS News - 50m -
How the Fed's rate cuts will affect Americans directly?
The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full ...CBS News - 1h -
Why stocks and bonds slumped — and market volatility soared — after Fed meeting
Stocks and bonds sold off after the Federal Reserve ended its policy meeting Wednesday with a new set of economic projections that pointed to a potentially slower pace of interest-rate cuts next ...MarketWatch - 1h -
Hundreds of driving examiners to be recruited to cut wait times
The government says there is a "huge" backlog for tests, with instructors branding the system a "nightmare".BBC News - 4h -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 4h -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 6h -
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.CBS News - 6h -
Investors brace for hawkish Fed rate cut – and more volatile markets in 2025
The spotlight Wednesday will be on Fed Chair Jerome Powell.MarketWatch - 10h -
Europe’s increasingly volatile industrial doom loop
What is behind this industrial discontent with its very serious political ramifications are several factors, all of which point to the day of reckoning coming soon.The Hill - 1d -
Cocoa prices climb to new record high, prompting fresh warnings about extreme volatility
The price of chocolate's key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.CNBC - 1d -
Cut the Fluff: Why Sugar-Coating Doesn’t Work
Giving direct, honest feedback is better for team members and for the company. Here’s how to make a change.Inc. - 1d -
Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 2d -
Syria live updates: US embassy says situation 'volatile,' urges citizens to leave
Rebel forces in Syria are building a transitional government after toppling the regime of President Bashar Assad in a lightning-quick advance across the country.ABC News - 2d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Super-prime London’s cut-price property deals
The haggling is in full swing: with a near record number of unsold new homes and the wealthiest reconsidering their options, estate agents are sweaty palmed, but savvy buyers are scoring hefty ...Financial Times - 5d -
Police chiefs' job cuts warning to ministers
Police chiefs have warned the government that without further funding neighbourhood police officers - a government priority - could be cut.BBC News - 5d -
Three Questions From Cutting-Edge Climate Science
An annual gathering of scientists this week offered a glimpse into the latest efforts to answer some of the most intriguing questions about our warming planet.The New York Times - 6d -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 6d -
Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.The Wall Street Journal - Dec. 11 -
People will die in storm power cuts, councillor says
Thousands in Wales are still waiting for power to be restored after Storm Darragh.BBC News - Dec. 10 -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - Dec. 10 -
Designer Brands Cuts 2024 Outlook
Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.The Wall Street Journal - Dec. 10 -
Ashtead to Move Listing to U.S., Cuts Guidance
The equipment rental company cited commercial construction dynamics in the U.S. for lowering its guidance and said the country is its natural long-term listing venue.The Wall Street Journal - Dec. 10 -
Americans pressed to leave Syria amid ‘volatile and unpredictable’ clashes
The U.S. the Embassy in Syria issued an urgent warning on Saturday encouraging citizens to evacuate amid escalating conflict in the region. Syrian insurgents reached a suburban city of Damascus as ...The Hill - Dec. 7 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
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Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - Dec. 5 -
Bitcoin price bursts the $100k barrier, but is this the end of its volatility?
The rapid increase in price has been attributed to Donald Trump's election victory - can it continue?BBC News - Dec. 5 -
A brutal loss, volatile locker room and weird Zoom: Inside the Bears' firing of Matt Eberflus
Frustration boiled over after the Bears' sixth straight loss, and that was the beginning of the end for Eberflus.ESPN - Dec. 4 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - Dec. 4 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Boeing’s volatile bonds could outshine the defense sector next year
Boeing Co. was named a “best idea” by the U.S. investment-grade team at CreditSights on Tuesday, on expectations the troubled aerospace company can stabilize its ratings and provide a path to ...MarketWatch - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2
