Cutting Cost Groceries
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Financial Times - World
FirstFT: Fed easing cycle begins as focus moves to protecting jobs
Also in today’s newsletter, BoE rate decision and Hizbollah reels after twin attacks2 hours ago -
Financial Times - World
Why the Fed opted for the big rate cut
As US inflation eases, the central bank is now focused on its other mission: protecting jobs2 hours ago - Federal Reserve -
Financial Times - World
The Fed’s first rate cut in 4 years
The US central bank trims interest rates by half a percentage point2 hours ago -
CBS News - Top stories
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.7 hours ago - Donald Trump -
Inc. - Business
Rate Cut Could Bring Relief to Borrowers
The interest rate reduction could mean lower monthly payments or refinancing higher-interest debt for borrowers.8 hours ago -
The Hill - Politics
Fed goes bold with rate cut
Welcome to The Hill's Business & Economy newsletter, where we have the latest on the Federal Reserve's rate cuts and the Teamsters' endorsement news. {beacon} Business & Economy Business & ...8 hours ago - Federal Reserve -
The New York Times - Top stories
The Evening: The Fed’s Big Rate Cut
Plus, tonight’s premiere of “The Golden Bachelorette.”8 hours ago -
The New York Times - Business
Fed Announces Big Rate Cut
“We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates ...10 hours ago - Federal Reserve -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.11 hours ago -
ABC News - Top stories
Ship owner cut corners on repairs before deadly Baltimore bridge collapse, US says in $100M lawsuit
The U.S. Justice Department is suing the owner and manager of the cargo ship that caused the Baltimore bridge collapse11 hours ago -
The New York Times - Business
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what the half-point interest rate cut will mean for your car loans, credit cards, mortgages, savings and student loans.11 hours ago - Federal Reserve -
CBS News - Top stories
How much will an $850,000 mortgage cost per month?
Monthly payments on an $850,000 mortgage loan could fall in the weeks and months ahead. Here's what to know now.11 hours ago -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.11 hours ago - Federal Reserve -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...12 hours ago - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...13 hours ago - Federal Reserve -
CNBC - Business
Your favorite stocks may soon be quoted in half-penny increments, which could cut trading costs
The U.S. Securities and Exchange Commission will vote on a proposed amendment to change the minimum pricing increment for most stocks.14 hours ago -
CBS News - Top stories
Fed likely to cut interest rates, but size of cut unclear
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.15 hours ago - Federal Reserve -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.16 hours ago - Federal Reserve -
CBS News - Top stories
Assisted living facilities vs. nursing homes: What to know about cost and care
Costs and services differ between assisted living vs. long-term care facilities. Here's what to consider now.16 hours ago -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy16 hours ago -
CBS Sports - Sports
Chiefs waive former Cowboys TE who cost Kansas City $100,000 for sideline shove in Week 1 vs. Ravens
A costly transaction16 hours ago - NFL -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.17 hours ago - Federal Reserve -
MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.18 hours ago -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.20 hours ago -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.Yesterday - Federal Reserve -
ESPN - Sports
Vols up ticket costs by 10% to help pay athletes
Tennessee is increasing the cost of tickets for all sports by 10%, with the "talent fee" being used to help pay athletes as part of the revenue-sharing plan.Yesterday -
ABC News - World
Gunfire injures 6 police officers in Martinique during protests over living costs
Officials in the French Caribbean island of Martinique say at least six police officers have been injured by gunfire during violent protests over the high cost of livingYesterday -
VentureBeat - Tech
Meet e6data: The Kubernetes-native data compute engine promising massive cost savings
e6data's lakehouse compute engine promises 5x better query performance on the heaviest workloads with 50% lower total cost of ownership.Yesterday -
CBS News - Top stories
How much will an $800,000 mortgage cost monthly after rate cuts?
Monthly payments on an $800,000 mortgage loan could soon become less expensive. Here's what to know now.Yesterday - Mortgage -
The Wall Street Journal - World
'Pig-Butchering' Scams Cost Americans Billions. This Lawyer Is Taking Them On.
Prosecutor Erin West has been one of the few to have any success against the overseas criminal networks perpetrating a new type of fraud.Yesterday -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
MarketWatch - Business
Cigna’s PBM Express Scripts sues the FTC, seeking retraction of drug-cost report
Cigna Group’s pharmacy benefit manager Express Scripts on Tuesday sued the U.S. Federal Trade Commission, alleging that the agency’s July report on the PBM industry was biased and defamatory and ...Yesterday -
The Guardian - World
‘Every time the planes pass, my eyes burn’: the hidden cost of Costa Rican bananas
Pesticides banned in the EU are still used in the Central American country, affecting workers and ecosystems, all to meet the demand for ‘perfect’ fruit in the west. Photographs by Marco Valle ...Yesterday -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday