Latest in Expected Keep Rates
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Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - Dec. 4 -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.
The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.MarketWatch - Dec. 4 -
England’s Ben Stokes demands answers from ICC after latest over-rate sanctions
Governing body has yet to address captain’s concerns ‘I’ve not signed an over-rate sheet since the Ashes’ Ben Stokes has revealed a personal stand-off with the International Cricket Council ...The Guardian - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Rio Tinto Expects Pilbara Iron-Ore Shipments to Be Roughly Flat in 2025
The world’s second-biggest miner by value, expects annual iron ore shipments from its Australian operations to be little changed in 2025.The Wall Street Journal - Dec. 4 -
An Indigenous Group in Quebec Tries to Keep the Caribou Alive
The Canadian government is threatening to use emergency measures to protect three caribou herds at risk of dying out in Quebec.The New York Times - Dec. 4 -
Ranking Every N.F.L. Team From First to Worst as Kansas City Keeps Falling
Despite being 11-1, the defending Super Bowl champions have dropped out of the top five.The New York Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Bluesky Now Has 24 Million Users. Jay Graber Is Still Vowing to Keep It From Enshittification
At WIRED's The Big Interview event, Bluesky CEO Jay Graber discussed the booming user numbers for the Twitter rival and why giving social media users more control is a recipe for success.Wired - Dec. 4 -
EDF to keep 4 UK nuclear power stations open longer than planned
Latest extensions to plants’ working lives could see some sites keep running into next decadeFinancial Times - Dec. 4 -
Healthy Aaron Rodgers wants to 'finish the season the right way' and keep playing for Jets
Rodgers implied that he wants to finish out the season, despite New York's strugglesCBS Sports - Dec. 3 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
America’s Hidden Racial Divide: A Mysterious Gap in Psychosis Rates
Black Americans experience schizophrenia and related disorders at twice the rate of white Americans. It’s a disparity that has parallels in other cultures.The New York Times - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
Can we keep the Elon Musks of the world out of British politics? Only if we act now | Oliver Bullough
The tech billionaire is said to be considering giving $100m to Reform UK. That should jolt efforts to cap political donations. It is an inevitable consequence of the inequality inherent to the ...The Guardian - Dec. 3 -
Thailand's prime minister expects fishermen seized by Myanmar to be repatriated soon
Thailand’s Prime Minister Paetongtarn Shinawatra says her government is negotiating with neighboring Myanmar for the return of four fishermen captured by Myanmar’s navy for trespassingABC News - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
He’s 16 and hyped as Usain Bolt’s successor – but Australia’s Gout Gout is keeping his feet on the ground
The schoolboy’s rapid rise has drawn inevitable comparisons with the Jamaican, but the sprint great’s heir apparent is taking it all in his stride. It’s tricky being the next big thing . There’s ...The Guardian - Dec. 3 -
Native American students miss school at higher rates, it got worse during pandemic
Years after COVID-19 disrupted American schools, nearly every state is still struggling with attendanceABC News - Dec. 3 -
Nicholas Hoult is a man of character — and it's keeping him busy
'What I enjoy doing is trying to disappear and not do the same thing over and over again,' says the actor with three recent releases: 'Juror #2,' 'The Order' and 'Nosferatu.'Los Angeles Times - Dec. 3 -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - Dec. 3 -
China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule
Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."CNBC - Dec. 3 -
Amazon trucking contractors have higher rates of safety violations, CBS News finds
Contracted truckers hauling packages between Amazon facilities are more likely to engage in dangerous behavior on the roads than other carriers, according to federal data analyzed by CBS News.CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
‘It’s about consequences’: what can we expect from Wicked: Part Two?
The much-anticipated first part of the blockbuster musical adaptation has bewitched audiences worldwide, but there are dark times ahead in the sequel. Spoilers ahead Despite more than a year ...The Guardian - Dec. 2 -
Keeping the Peace: Talking Politics in the Workplace
A leader’s how-to guide for navigating and managing political conversations in the office.Inc. - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
