Latest in Fed Preps Cut
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Election-week Fed meeting won’t give markets the roadmap they want
Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...Business - MarketWatch - 5 days 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 - 4 days ago -
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 - 3 days 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 - 2 days ago -
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...Politics - The Hill - 2 days ago -
Why credit card debt forgiveness is worth it even with more Fed rate cuts
Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.Top stories - CBS News - 2 days ago -
The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper
With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.Business - CNBC - 2 days ago -
10-year Treasury yield ends below 4-month high after Fed cuts rates again
Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.Business - MarketWatch - 2 days ago -
Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - Yesterday -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - 2 days ago -
S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates
The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.Top stories - NBC News - 2 days ago -
4 smart home equity moves to make now that the Fed cut rates again
The Federal Reserve has issued another rate cut. Here are four smart moves home equity borrowers should make now.Top stories - CBS News - Yesterday -
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 - 8 hours ago -
Trump chooses Susie Wiles as White House chief of staff
President-elect chooses his 2024 campaign manager in first appointment to major role in administrationWorld - Financial Times - 2 days ago -
How Orbán seized the Trump moment to speak for Europe
Also in this newsletter: Italy’s second attempt to ship migrants to AlbaniaWorld - Financial Times - Yesterday -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - Yesterday -
Over 60 held as violence breaks out against Israeli football fans in Amsterdam
Clashes take place after Europa League match between Ajax and Maccabi Tel AvivWorld - Financial Times - Yesterday -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - Yesterday -
Monty Williams to coach sons at Texas prep school
Former NBA Coach of the Year Monty Williams will take his skill set to the high school level as coach of TMI Episcopal prep school in San Antonio, where he will coach his sons, Elijah and Micah, ...Sports - ESPN - October 20 -
How World Leaders Are Prepping for a Second Trump Presidency
Foreign leaders have rushed to ingratiate themselves with Donald J. Trump in recent days, nervously recalling the clashes, insults and feuds of his first presidency.World - The New York Times - 14 hours ago -
Staff at U.S. Voting Machine Firms Prep for Doxxing, Misinformation and ‘Swatting’
In a highly polarized election season, employees of the companies that record ballot results get ready for intense harassment.Business - Inc. - November 1 -
Workplaces prep for election clashes by canceling meetings, OK-ing remote work
As the 2024 presidential campaign reaches its feverish end, employers want staff coexisting peacefully and staying productive — even if the election results suck up attention and stoke emotions.Business - MarketWatch - 4 days ago -
Why Chelsea vs. Man United is poised to entertain; Atlanta preps for Messi & Co.
A Chelsea side on the rise take on Manchester United, while Inter Miami look to seal their spot in MLS semis.Sports - ESPN - November 1 -
Jets prepping for owner Woody Johnson to once again take political post with Trump administration
Johnson served as the U.S. Ambassador to the United Kingdom during the first Trump administrationSports - CBS Sports - 9 hours ago -
NY Fed: ‘Reserves remain abundant’
Cute new measure of the reserve regime just droppedWorld - Financial Times - October 21 -
Philadelphia Fed’s factory gauge jumps in October
Index rises to 10.3, second straight monthly gainBusiness - MarketWatch - October 17