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Politics - The Hill
5 things to know about the TD Bank scandal
Toronto-Dominion Bank, commonly referred to as TD Bank, is facing unprecedented fines and penalties from U.S. officials after allegedly failing to stop hundreds of millions of dollars in drug money ...2 hours ago -
Sports - ESPN
Deschamps: No Madrid influence on Mbappé cut
France coach Didier Deschamps and midfielder Aurélien Tchouaméni have both denied that Real Madrid put any pressure on Kylian Mbappé not to join up with his country for this international break.2 hours ago -
Business - CNBC
10-year Treasury yield tops 4.10% as Fed's Bostic says he's OK with pausing rate cuts
The yield on the 10-year Treasury note rose as investors studied fresh inflation and data, and commentary from Atlanta Federal Reserve President Raphael Bostic.3 hours ago -
Business - Financial Times
TD Bank to pay $3bn in US case over money laundering lapses
Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls4 hours ago -
Business - CNBC
The Fed is finally cutting rates, but banks aren't in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.4 hours ago - Federal Reserve -
Business - MarketWatch
TD Bank fined $3 billion by U.S. regulators and forced to limit growth
Toronto-Dominion Bank shares fell on Thursday as the Canadian bank was fined and forced to limit expansion to settle charges it failed to prevent money laundering.4 hours ago -
Business - MarketWatch
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. ...5 hours ago -
Business - MarketWatch
Mortgage rates post biggest jump in six months
The 30-year mortgage rate is averaging 6.32%, Freddie Mac said in its latest weekly survey on Thursday.7 hours ago - Mortgage -
Top stories - BBC News
Portugal tries to tempt under-35s with tax cuts
Luís Montenegro's centre-right government wants to dissuade young people from emigrating and encourage foreigners to settle in Portugal.8 hours ago -
Business - Financial Times
ECB will need to step up rate cuts if outlook darkens, chief economist said
Gloomy economic data concerned Philip Lane and other policymakers, minutes of September meeting reveal8 hours ago -
Business - MarketWatch
Minutes show a cautious Fed, economists say, with ‘little hurry to slash rates’
Minutes of the Fed’s Sept. 17-18 deliberations, published Wednesday afternoon, reveal a much more cautious central bank, economists said.9 hours ago -
Business - CNBC
Ripple launches crypto storage services for banks in bid to diversify
Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.9 hours ago -
World - The Guardian
Reading sale jeopardised by owner Dai Yongge’s £55m debt to Chinese bank
Bank understood to have blocked sale to Rob Couhig Documents show unpaid debt secured against stadium The Reading owner Dai Yongge’s repeated attempts to sell the club are being jeopardised by ...10 hours ago -
Business - MarketWatch
The Fed’s cutting rates. Here are three yield curve scenarios, and what they’d mean for the stock market
Tan Kai Xian, an analyst at financial research service Gavekal, says there are three scenarios for the yield curve, and for each he gives the implication for the U.S. stock market.10 hours ago -
Politics - The Hill
Annual inflation rate drops to 2.4 percent, lowest since February 2021
Consumer prices rose slightly in September as the Federal Reserve prepared to cut interest rates and ease off the brakes of the U.S. economy. The consumer price index, a closely watched gauge of ...10 hours ago -
Business - Financial Times
Ikea posts first drop in revenue since 2020 after cutting prices
Flat-pack furniture retailer returns to policy of lowering furniture costs after pandemic-era increases12 hours ago -
Top stories - BBC News
Fresh rise in mortgage rates predicted
Recent falls in rates could come to "an abrupt halt" in the next few days, according to brokers12 hours ago - Mortgage -
Business - MarketWatch
The Federal Reserve’s interest-rate panic is creating a windfall for retirees
Those who need to generate low-risk income out of their savings can earn more than they could have done even a few weeks ago.13 hours ago -
World - The Guardian
New HSBC boss ‘ready to cut jobs of senior bankers to save $300m’
Reports say Georges Elhedery’s plans part of restructure that would lead to merging global and commercial units. The new boss of HSBC is reportedly readying to cut the jobs of some of the bank’s ...15 hours ago -
Business - Financial Times
HSBC targets senior bankers in cost-cutting plan
New chief Georges Elhedery is working on restructuring that could save as much as $300mn19 hours ago -
Business - The New York Times
Trump Keeps the Tax Cut Promises Coming, Now for Americans Abroad
Former President Donald J. Trump said in a statement that he would seek to end the “double taxation” of Americans overseas.21 hours ago - Donald Trump -
Top stories - CBS News
A look at Palestinian life in the Israeli-occupied West Bank
Rights groups say documented instances of violence by settlers against Palestinians in the Israeli-occupied West Bank have been escalating since Hamas' attack on Oct. 7, 2023. CBS News' Haley Ott ...23 hours ago - Israel -
Business - CNBC
Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.Yesterday - Federal Reserve -
Politics - The Hill
Mortgage applications drop 5.1 percent as rates rise despite Fed cuts
Mortgage applications dipped earlier this month as rates have been on the rise following a strong September jobs report. Recent data from the Mortgage Bankers Association’s (MBA) Weekly ...Yesterday - Federal Reserve -
Business - The New York Times
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.Yesterday - Federal Reserve -
Business - Financial Times
Fed officials were divided over big rate cut in September
Minutes from meeting showed some dispute about how quickly to reduce borrowing costsYesterday - Federal Reserve -
Tech - GameSpot
Marvel Champions: The Card Game And Expansions Are Getting Big Price Cuts Today
Make your next game night more memorable with Marvel Champions: The Card Game . It lets you and three friends team up to battle supervillains while taking on the roles of Spider-Man, Black ...Yesterday -
Business - Inc.
Fed Minutes Could Offer a Peek at Rate Cut Debate
Insight into the central bank’s decision to cut the prime interest rate may signal its plans for future reductions.Yesterday - Federal Reserve -
Business - Financial Times
Germany expects economy to shrink in 2024 after cutting forecast
Government predicts rebound in 2025 following 0.2% decline this year as it tries to address long-term structural problemsYesterday -
Top stories - CBS News
How much does a $90,000 HELOC cost per month now that rates are cut?
Payments on a $90,000 HELOC are currently affordable and they could become cheaper soon. Here's what to know now.Yesterday -
Business - MarketWatch
Reddit stock climbs after Jefferies initiates coverage with a buy rating
Jefferies estimates that Reddit’s Ebitda will more than double in the next two years to around $450 million.Yesterday -
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Top stories - CBS News
How to earn big CD returns as interest rates are cut
A single interest rate cut hasn't dramatically affected CD accounts. Here's how you can still earn a big return now.Yesterday -
Top stories - CBS News
What will happen to home prices as interest rates are cut?
Experts predict home prices will rise as interest rates are cut, but two other outcomes could unfold.Yesterday -
Top stories - The New York Times
After Floods, Soaring Insurance Rates Become a Hot Election Issue
Few states elect their insurance commissioners. But in North Carolina, a proposed 42 percent rate hike and Hurricane Helene have raised the stakes in the upcoming election.Yesterday -
World - Financial Times
Starmer refuses to rule out raising employer National Insurance rate
Chancellor Rachel Reeves could raise billions of pounds by introducing levy on employer pension contributionsYesterday