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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 - November 7 -
Rory McIlroy to dramatically cut down schedule after deploying swing tweaks
Rory McIlroy intends to take an axe to his 2025 schedule and the bad news for the PGA Tour is that the world No 3 may skip not only one of the $20 million ‘Signature Events’ but also the opening ...Sports - Yahoo Sports - November 7 -
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. - November 7 -
Trump’s win and the Fed’s rate cut are giving the stock market an open road
S&P 500 races ahead, and opportunities surface in solar power and crypto.Business - MarketWatch - November 7 -
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 - November 7 -
DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes
DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.Business - MarketWatch - November 8 -
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 ...Top stories - CBS News - November 7 -
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 - November 7 -
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 ...Top stories - NBC News - November 8 -
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 ...Top stories - CBS News - November 8
