Eve Rate
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Financial Times - Business
S&P 500 closes at record high after Fed makes jumbo cut to US interest rates
Global stocks rally as investors bet that the central bank’s move will support US economic growth3 hours ago - Federal Reserve -
Inc. - Business
Treasury Plans Bigger Tax Breaks for EV Charger Installations
A new rule proposed Wednesday by the Treasury Department could mean tax credits of up to $1,000 for individuals and $100,000 for businesses if they install electric vehicle chargers.6 hours ago -
The New York Times - Business
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.7 hours ago - Federal Reserve -
BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.8 hours ago -
Financial Times - Business
Bank of England holds interest rates at 5%
MPC indicates it may lower borrowing costs again as soon as November10 hours ago -
The Guardian - World
Car industry calls for shift in EU emissions targets amid slowing EV sales
Automotive lobby group warns ‘multibillion-euro fines’ will punish manufacturers without relaxation of rules. Europe’s car industry has called for the relaxation of EU emissions targets after sales ...10 hours ago - European Union -
Financial Times - World
FirstFT: Fed easing cycle begins as focus moves to protecting jobs
Also in today’s newsletter, Hizbollah reels after twin attacks, and JPMorgan appoints ‘wellbeing’ tsar13 hours ago -
Financial Times - World
What the EU’s new competition tsar thinks about Chinese EV tariffs
Also in this newsletter: How the Greens got their man into von der Leyen’s office18 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 jobs19 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 point19 hours ago -
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.Yesterday -
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 & ...Yesterday - Federal Reserve -
The New York Times - Top stories
The Evening: The Fed’s Big Rate Cut
Plus, tonight’s premiere of “The Golden Bachelorette.”Yesterday -
CNBC - Business
Trump Media stock closes at new postmerger low on eve of 'lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before "lockup" restrictions on selling company stakes expires.Yesterday - Donald Trump -
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 ...Yesterday - Federal Reserve -
Inc. - Business
Advantages of Buying a Business During High Interest Rates
Contrary to common wisdom, investors can succeed in this economic environment.Yesterday -
The Hill - Politics
In Norway, EVs now outnumber gas-powered vehicles
In Norway, electric vehicles (EVs) now outnumber gas-powered vehicles, according to latest vehicle registration data from the Norwegian Road Federation released on Tuesday. Norway, a major oil ...Yesterday -
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.Yesterday -
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.Yesterday - 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 ...Yesterday - Federal Reserve -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...Yesterday - 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 ...Yesterday - Federal Reserve -
CBS News - Top stories
Weight of EVs prompts safety concerns about impact of crashes
Guardrails and barriers, typically tested against vehicles weighing around 5,000 pounds, are now being challenged by electric vehicles that often weigh more.Yesterday -
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 economyYesterday -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...Yesterday - Joe Biden -
MarketWatch - Business
General Motors to sell adapters to use Tesla’s supercharger EV network
GM offering an approved NACS DC adapter for purchase through its apps.Yesterday -
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The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.Yesterday -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
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 -
The Guardian - World
Berlin’s Watergate nightclub will close with New Year’s Eve last dance
Upmarket Kreuzberg club blames economic pressures, a pandemic hangover and Berlin’s dated image as factors leading to end of 22-year party. Berlin’s Watergate nightclub, one of the institutions of ...2 days ago -
CBS News - Top stories
How far will mortgage interest rates drop this week?
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.2 days ago - Mortgage -
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 grown2 days ago -
Inc. - Business
Why Company Growth Rate Equals Career Opportunity Rate
Your company's growth rate is a valuable talent retention tool.2 days ago -
The Wall Street Journal - Business
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.2 days ago - China -
Financial Times - World
Why EV investors are tracking Taylor Swift and swing state polls
Investors are betting the US election outcome will have a big impact on sector stocks in Asia3 days ago