Latest in Guidance Cut Offsets
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Adani begins to cut off power supplies to Bangladesh
Indian conglomerate threatens to halt flows from coal-fired plant over debt disputeBusiness - Financial Times - November 3 -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - November 4 -
Which gold investment is best when rates are cut?
Some gold assets are better than others when interest rates are dropping, experts say.Top stories - CBS News - November 4 -
South Carolina women clear-cut betting favorites
South Carolina was viewed as a second-tier contender, not one of the clear favorites, entering last season. Oddsmakers aren't doubting the Gamecocks this season, though.Sports - ESPN - November 4 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
Trump’s victory means fewer Fed rate cuts
“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.Business - MarketWatch - November 6 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
Bangladesh staves off more Adani power cuts
Dhaka makes assurances to clear its bills after conglomerate threatened to halt electricity suppliesWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - November 7 -
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - November 7 -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - November 7 -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - November 7
