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Muddled Jobs Data May Do Little to Alter Immediate Fed Rate Path
Officials at the Federal Reserve are widely expected to cut rates by a quarter point next week.Business - The New York Times - 6 days ago -
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - 6 days ago -
Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS
CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.Business - CNBC - 6 days ago -
Mexico City’s floating gardens have fed people for hundreds of years. Now they’re threatened
Mexico City's chinampas, artificial islands first built by the Aztecs hundreds of years ago, are under threat from encroaching urbanizationWorld - ABC News - 4 days ago -
The stock market is expecting more interest-rate cuts than the Fed can give
The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.Business - MarketWatch - 10 hours ago -
What will happen to home equity loan rates after this week's Fed rate cut?
Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.Top stories - CBS News - 2 days ago -
Trump’s economic team: Who could run Treasury, the Fed and energy in his second term
Even before Donald Trump was called the winner of Tuesday’s election, names had been circulating about who the Republican nominee would appoint to key posts in his second term. Now that he’s won, ...Business - MarketWatch - Yesterday -
The Fed is expected to cut interest rates again Thursday. Here's everything you need to know
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.Business - CNBC - Yesterday -
The Fed is draining liquidity from markets for longer than expected. Here’s why it’s making Wall Street nervous.
Wall Street is getting anxious about the plumbing in the financial markets as the Fed’s balance sheet shrinks.Business - MarketWatch - 16 hours ago -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - 15 hours ago