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Back-to-back rate cuts no indication of future ECB policy, governor says
Slovenian central bank chief Boštjan Vasle argues central bank needs flexibility to respond to signs of persistent inflationWorld - Financial Times - October 20 -
US banks consider cutting interest payments on company deposits
Lenders target corporate clients as they seek to maintain profit margins with Fed trimming benchmark ratesBusiness - Financial Times - October 20 -
University of Toronto’s environment school cuts financial ties to fossil fuels
Princeton University, the only other North American school to do so, rolled back its commitment recently. The University of Toronto ’s environment school has announced it will financially ...World - The Guardian - October 20 -
Ukraine war briefing: Power cuts in Kharkiv after Russian strikes
Residential buildings and service stations were among targets, say local officials; Russian grip tightens around Pokrovsk with battles in nearby Selydove. What we know on day 971. See all our ...World - The Guardian - October 20 -
China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.Business - CNBC - October 21 -
Follow live: Lakers, Wolves going neck-and-neck late in season opener
nullSports - ESPN - October 23 -
Funding cuts could mean death of Sámi languages, say Indigenous parliaments
Sweden and Finland plan to withdraw funding to safeguard nine languages defined as threatened by Unesco. The Indigenous parliaments of Sweden, Finland and Norway have warned that some Sámi ...World - The Guardian - October 21 -
China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
Trump's Social Security plan could lead to 33% benefits cut: Analysis
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.Top stories - CBS News - October 21 -
Why home equity borrowers shouldn't wait for the November rate cut
If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.Top stories - CBS News - October 21 -
US consumers cut back on spirits as cost of living pressures bite
Drinkers who splashed out during pandemic pull back from vodka, rum and Scotch whiskyBusiness - Financial Times - October 22