Latest in Falls Sharply Fed
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Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year
The DOW dropped more than a thousand points despite a cut in interest rates today. Markets reacted to Fed Chair Jerome Powell indicating a slower pace of cuts than previously expected next year. ...NBC News - 4h -
How the Fed's rate cuts will affect Americans directly?
The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full ...CBS News - 4h -
Wall Street falls sharply as Fed indicates fewer rate cuts in 2025 to fight inflation
Central bank lowers benchmark federal funds rate by a quarter of a percentage point to between 4.25% to 4.5%. The US Federal Reserve cut interest rates on Wednesday, but suggested it would make ...The Guardian - 7h -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 13h -
Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.The New York Times - 2d -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 7h -
Stocks plunge following Fed inflation projections
Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall.NBC News - 7h -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 9h -
Mortgage rates inch up ahead of Fed meeting
Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.MarketWatch - 16h -
Feds are moving to improve airline travel for people with disabilities
New rule is department's latest effort to improve commercial air travel for passengers with disabilities. Here's what's in it.CBS News - 2d -
The fall of academic freedom with a DEI twist
The American Association of University Professors (AAUP), once the “most prominent guardian of academic freedom” in the U.S., has lost its way.The Hill - 2d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 5d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - Dec. 11 -
Syrians react to the fall of the Assad regime
In Syria, the rebels who seized power have appointed a transitional government with a temporary prime minister. On Monday, crowds gathered as some Syrians continued to celebrate the takeover. ...CBS News - Dec. 10 -
Hiring falls more sharply in UK than other major economies
Slowdown in British recruitment unusual because it involves low-wage sectors, according to data from website IndeedFinancial Times - Dec. 10 -
Syrians celebrate in the streets after Assad government falls
DAMASCUS, Syria — Jubilant Syrians waving flags clambered Monday onto a government tank abandoned in the capital city's main square and took selfies.NBC News - Dec. 9 -
Who are the main actors in the fall of the regime in Syria?
Rebel alliance includes groups with roots in Islamic extremism, Arab and Turkmen fighters, and Kurdish and Druze coalitions. Hayat Tahrir al-Sham (HTS; Levant Liberation Union) is led by Ahmed ...The Guardian - Dec. 9 -
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Eye Opener: Syrians celebrate the fall of Assad regime
Syrians around the world celebrate the fall of Bashar al-Assad's regime as rebels with ties to terrorism seize control. Police release new images of the possible killer of United Healthcare's CEO. ...CBS News - Dec. 9 -
Syrians in New York City Celebrate the Fall of Assad
Syrian expatriates and their supporters beat drums and sang revolutionary songs in Arabic at a gathering in Washington Square Park.The New York Times - Dec. 9 -
Trump and Biden react to fall of Syrian government
The current and next president responded to the fall of Syrian President Bashar al-Assad's regime after he fled the country as rebels advanced into Damascus.ABC News - Dec. 9 -
With Assad’s Fall, Iran’s ‘Axis of Resistance’ Unravels
Tehran’s main regional allies are weakened or collapsing: Syria’s president, Bashar al-Assad, has fled his country, Hezbollah is battered by conflict with Israel, and Hamas is still at war.The New York Times - Dec. 9 -
Bashar al-Assad of Syria Falls to Rebels
President Bashar al-Assad had kept opposition forces at bay for a decade with help from Russia and Iran. But rebels struck at a moment of weakness for those countries.The New York Times - Dec. 9 -
The Winners and Losers Following the Fall of al-Assad
Two cheers for the end of the regime, but be wary of what happens next.The New York Times - Dec. 9 -
Syrian rebels celebrate fall of Assad regime
Syrian rebels celebrated the fall of President Bashar al-Assad following a swift offensive through the country. Imtiaz Tyab has more on what comes next.CBS News - Dec. 8 -
Biden responds to fall of Assad regime
President Biden expressed cautious optimism over the fall of the Assad regime in Syria, but also noted the situation presents a "moment of considerable risk." Charlie D'Agata has more on the U.S. ...CBS News - Dec. 8 -
Starmer welcomes fall of Assad's 'barbaric regime'
The UK prime minister said it was "early days" when asked whether the government would engage with Syrian rebels.BBC News - Dec. 8 -
Steve Rosenberg: Fall of Assad is a blow to Russia's prestige
Russian firepower helped keep the Syrian president in power - but in a matter of days, Moscow's Syria project unravelled.BBC News - Dec. 8 -
Biden calls Assad's fall "moment of historic opportunity"
"At long last, the Assad regime has fallen," President Biden said Sunday, hours after opposition forces entered Damascus and seized control of Syria.CBS News - Dec. 8 -
Fall of Damascus sidelines Russia and brings Turkey to the fore
As Moscow’s top diplomat reeled in Doha, his Turkish counterpart appeared to know he had the upper hand. Middle East crisis – live updates As celebratory gunfire was heard across liberated ...The Guardian - Dec. 8 -
What is next for Syria after Assad’s fall?
The real test for the country and Middle East will come when triumphant but disparate rebel factions divide the spoils — and whether they can share powerFinancial Times - Dec. 8 -
U.S. trade deficit narrows sharply in October on dissipation of worries about port strike
The trade sector could end up becoming a positive contributor to fourth-quarter gross domestic product.MarketWatch - Dec. 5 -
PVH Stock Falls After Holiday Outlook Falls Short
The company guided for sales to fall between 6% and 7% in the current quarter, wider than the 4.5% decline forecast by analysts.The Wall Street Journal - Dec. 4 -
French Government Falls, Au Revoir Monsieur Barnier
A vote of no confidence for the French PM.BBC News - Dec. 4 -
South Korean won falls sharply against the U.S. dollar after president declares martial law
South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared martial law.CNBC - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - 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