Latest in Further Rate Cuts
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Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Home buyers are still struggling with affordability, the National Association of Realtors said.MarketWatch - Feb. 21 -
Stock investors stopped freaking out over interest rates. Now this threat is re-emerging.
Investors appear to be doing a lot less hand-wringing over higher interest rates lately, but plenty of market risks are still coming up on the horizon.MarketWatch - Feb. 23 -
Column: With 2025 SAG Awards, Netflix proved it isn't solving awards season ratings crisis
The awards show with the largest percentage of famous faces failed to grow its audience in 2024 when it made its Netflix debut. It's tough to imagine it will do so this year.Los Angeles Times - Feb. 24 -
Balatro and others re-rated by PEGI after successful appeal, prompting a rule revision
The popular deckbuilding game has won its most important hand yet with a victory over the European ratings board, which objected to its content.VentureBeat - Feb. 24 -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - 6d -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 6d -
Baby bump in South Korea as fertility rate rises for first time in 9 years
Surge in marriages after pandemic spurs hopes country’s demographics may have turned a cornerFinancial Times - 5d -
Birth rate in South Korea, the world's lowest, rises for first time in 9 years
South Korea’s fertility rate rose in 2024 for the first time in nine years, preliminary data showed Wednesday, in a sign that the country’s demographic crisis might have turned a corner.NBC News - 5d -
Mortgage rates drop to lowest since mid-December, but demand still falls short
Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.CNBC - 5d -
ElevenLabs’ new speech-to-text model Scribe is here with highest accuracy rate so far (96.7% for English)
ElevenLab's Scribe pricing makes it competitive for businesses that require high-volume transcription services with API-based integration.VentureBeat - 5d -
Japan's birth rate fell for a ninth consecutive year in 2024 to hit a record low
The number of babies born in Japan last year fell for a ninth consecutive year to hit a record low, according to health ministry dataABC News - 4d -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - 4d -
HELOC rates hit a two-year low: 3 reasons to open one now
HELOC rates dropped lower this week, easing costs for borrowers. That's not the only reason to open one, though.CBS News - 4d -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 3d -
Mortgage rates are falling, but it’s not helping sell more homes. Are lower house prices next?
Homebuilder stocks are in a bear market, as lower mortgage rates and continued rate discounts haven’t improved demand.MarketWatch - 2d -
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million.
Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.MarketWatch - 2d -
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LA Times to give op-eds AI-generated political rating, list of alternate views
The Los Angeles Times has launched an AI-driven "bias meter" to provide readers with alternative perspectives on opinion content.The Hill - 10h -
Darius Slay released: Examining Eagles' CB plans going forward, including bringing him back at reduced rate
As it stands now, Cooper DeJean is in line for a full-time roleCBS Sports - 10h -
'Indiscriminate’ Pentagon cuts unnerve Democrats
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story 'Indiscriminate’ Pentagon cuts unnerve Democrats Democrats ...The Hill - Feb. 21 -
VA secretary: 'We're not cutting benefits'
Veterans Affairs (VA) Secretary Doug Collins defended the Trump administration's recent layoffs at the department, arguing Thursday that cuts have not been made to "critical health care" or other ...The Hill - Feb. 21 -
NOAA braces for steep job cuts
{beacon} Energy & Environment Energy & Environment The Big Story NOAA set to slash jobs ‘imminently’ Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) ...The Hill - Feb. 21 -
Businesses Are Betting on a Tax Cut Extension
The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.The New York Times - Feb. 22 -
The Trump funding cuts will backfire if they are not stopped
One of the casualties of suspending funding for USAID programs is the global Famine Early Warning System. You can’t manage what you can’t measure.The Hill - Feb. 24 -
President Trump’s Cuts to Medical Research
How government cuts are slowing research.The New York Times - 6d -
Budget cuts at VA paused for now
Billions of dollars of cuts expected at the Department of Veterans Affairs were paused by the Trump administration as concerns emerged over changes to benefits for the nation's veterans. CBS News' ...CBS News - 4d -
Minnesota’s Red-Tape-Cutting Experiment
Last year, the state passed a law to tackle a major barrier to cleaner energy: the long bureaucratic delays to get basic permits.The New York Times - 3d -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - Feb. 21 -
Eye Opener: Federal jobs cuts continue
Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...CBS News - Feb. 21 -
Musk boasts federal cuts by hoisting chainsaw at conference
Elon Musk drives home his rapid shredding of the federal government by hoisting a chainsaw representing the slashing of jobs and spending during a conference. Some Republicans are facing pushback ...NBC News - Feb. 21 -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - Feb. 21 -
Rubio’s Dilemma: Cutting Trump’s Deal With ‘Bloodthirsty’ Putin
As a senator, Marco Rubio prided himself on challenging tyrants. But as secretary of state, President Trump has tasked him with helping to potentially turn Russia from an enemy into an ally.The New York Times - Feb. 21 -
Dems demand answers on workforce safety cuts
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Dems demand answers on workforce safety cuts The top Democrats on the House Committee on Education and the ...The Hill - Feb. 21 -
Judge Extends Block on N.I.H. Medical Research Cuts
A federal judge in Massachusetts indicated she would move quickly to consider a more lasting injunction after hearing a laundry list of potential adverse effects of the Trump administration move to ...The New York Times - Feb. 21 -
Defense Department to Cut Over 5,000 Workers
The firings are the first of what is expected to be a vast wave of layoffs by the Pentagon.The New York Times - Feb. 22 -
Jim Jordan derides critics of federal workforce cuts
He cited an example from the Washington Post about a locksmith.Politico - Feb. 23 -
Starbucks to cut 1,100 jobs in latest streamlining move
Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.MarketWatch - Feb. 24 -
Will the working-class GOP really cut health insurance?
Budget chicanery begets more budget chicanery. About this time in 2010, Democrats were trying every procedural and accounting trick they could conjure to push ObamaCare through a restive Congress. ...The Hill - 6d -
Democrats warn of ‘largest Medicaid cut in American history’
House Democrats are ramping up their attacks on the GOP’s budget plan, warning that the massive spending blueprint would translate into the steepest Medicaid cut in the program’s history. Behind ...The Hill - 6d -
Cuts to Medicaid possible if Johnson's budget plan passes
Lawmakers on Capitol Hill are concerned about potential cuts to Medicaid if House Speaker Mike Johnson's budget proposal is passed. CBS News' Caitlin Huey-Burns reports.CBS News - 6d
