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Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - Jan. 10 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
The unemployment rate for Black women fell in December, following a sharp rise
Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.CNBC - Jan. 10 -
Jolted Australia are on the tear again – England have their work cut out
Healy’s side have reacted strongly again to World Cup pain and the tourists need to keep the series live until the Test. If you’re playing against the Australian women’s cricket team, there are ...The Guardian - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
NHL Star Power Index: Connor Bedard records career-high streak, Mikko Rantanen continues to score at high rate
Penguins defenseman Erik Karlsson is also providing offensive supportCBS Sports - Jan. 10 -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - Jan. 10 -
England's decade-long quest to bring Women's Ashes home
Players to watch, how to follow and England's chances - here's all you need to know as Heather Knight's side look to win the Ashes for the first time since 2014.BBC News - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Lisa Nandy rejects calls for England to boycott Afghanistan cricket match
Culture secretary says it should go ahead despite pressure for it to be cancelled over Taliban’s treatment of women. UK politics live – latest updates England should be allowed to play next ...The Guardian - Jan. 10 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
HELOC interest rates drop to 18-month low: Should you open one now?
HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.CBS News - Jan. 9 -
Where to give: Top-rated charities active in the Los Angeles wildfire relief effort
For those who wish to help victims of the wildfires, here is a list of highly rated nonprofits already engaged in relief and recovery efforts on the ground.CNBC - Jan. 9 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - Jan. 9 -
Flu cases in England’s hospitals soar after season starts early
NHS data shows mounting pressure from ‘quad-demic’ of virusesFinancial Times - Jan. 9 -
England seamers struggle before Ashes warm-up abandoned
England suffer a blow to their women's Ashes preparation as the only warm-up match is abandoned because of rain.BBC News - Jan. 9 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
England Hockey to ban transgender women from female category
England Hockey announces it will ban transgender women from competing in the female category from the start of next season.Yahoo Sports - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Mike Vrabel to the Patriots? Former New England LB seen as frontrunner for head coaching job, per report
The Patriots are looking for Jerod Mayo's replacementCBS Sports - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Vaughan to captain England U19s in South Africa
Somerset all-rounder Archie Vaughan, son of former England captain Michael, will captain England U19s on their tour of South Africa later this month.BBC News - Jan. 8 -
England's Feyi-Waboso could miss Six Nations
England could be without Immanuel Feyi-Waboso for the Six Nations if Exeter wing opts for surgery on his shoulder.BBC News - Jan. 8 -
Schools bill risks harming decades of progress in England
Changes to system that has driven up teaching standards need to be made with great careFinancial Times - Jan. 8 -
London has the highest birth rates among over-40s. But what’s driving the shift?
Housing costs, career focus and access to IVF has driven people to delay parenthood in the capitalFinancial Times - Jan. 8