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Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.Business - The Wall Street Journal - November 5 -
Here's what to expect with the Fed's rate cut decision on Thursday
The Federal Reserve will make a rate cut decision on November 7. Here's what economists expect.Top stories - CBS News - November 6 -
Fed May Cut Rates in Response to Tight Credit Conditions
This week, the central bank will likely announce reduced interest rates as low demand for loans continues.Business - Inc. - November 6 -
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 planWorld - Financial Times - November 7 -
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 - November 7 -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - November 7 -
Wall Street reacts to Trump win as Fed weighs interest rate cut
President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...Top stories - NBC News - November 7 -
Will UK interest rate cut make mortgages and loans cheaper?
Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.Top stories - BBC News - November 7 -
Here's what to expect with the Fed's next interest rate cut looming
On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.Top stories - CBS News - November 7 -
What a potential Fed rate cut could mean for the economy
As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...Top stories - CBS News - November 7 -
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 - November 7 -
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.Business - MarketWatch - November 8 -
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory balloonedWorld - ABC News - November 7 -
New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty
Trump’s proposed economic policies, particularly tariffs, are anticipated to push inflation up, making the Federal Reserve’s planned series of cuts much less certain.Business - Inc. - November 7 -
What the Fed rate cut means for mortgage interest rates
Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.Top stories - CBS News - November 7
