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Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - 6 days ago -
New U.S. economy data before next Fed interest rate decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.Top stories - CBS News - 5 days ago -
Jobs Data Come as the Fed Stares Down a Complex Moment
Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower rates.Business - The New York Times - 5 days ago -
The Fed hasn’t tamed inflation — and the stock market has yet to figure that out
Stocks can handle moderate inflation as long as economic growth persistsBusiness - MarketWatch - 3 days ago -
Fed poised to look past US election uncertainty with quarter-point rate cut
Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policyBusiness - Financial Times - 3 days ago -
My friend has embraced conspiracy theories and I’m fed up with it | Ask Philippa
Think of him like a car in a skid, you want to take the steering wheel and switch direction, but the car has too much momentum and it will carry on the same path. The question I’ve had a good ...World - The Guardian - 3 days ago -
Top Wall Street execs are getting skeptical on the Fed's easing path
Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.Business - CNBC - Yesterday -
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 - 2 days ago -
Bond-market ‘vigilantes’ appear to be in ‘driver’s seat’ before election, Fed meeting
Ahead of U.S. Election Day and the Federal Reserve’s decision on interest rates, “bond vigilantes” appeared to be in “the driver’s seat” for the market, according to Yardeni Research.Business - MarketWatch - Yesterday -
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.Top stories - CBS News - Yesterday -
Will gold's price fall after this week's Fed rate cut?
The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.Top stories - CBS News - Yesterday -
Would the Fed ever rely on AI to decide interest rate moves? The risks are high.
Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.Business - MarketWatch - 1 hour ago -
Why the stock market will likely get two more Fed rate cuts in 2024
The trend in short-term rates leading up to the U.S. presidential election usually persists.Business - MarketWatch - 20 hours ago -
White supremacist planned to blow up power site, feds say
Skyler Philippi, 24, has been charged with attempting to use a weapon of mass destruction and attempting to destroy an energy facility.Top stories - CBS News - Yesterday -
Why you should open a CD even as the Fed continues to cut rates
An additional Federal Reserve rate cut is expected to be issued this week. Here's why you should open a CD anyway.Top stories - CBS News - Yesterday -
Mortgage rates inch up to a 3-month high ahead of Fed meeting
Mortgage applications fell 10.8% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - 6 hours ago -
The Fed’s ‘temporary’ mortgage-backed security experiment will last decades
It looks like the Fed is stuck with very large, losing “temporary” mortgage-backed securities investments for a long time to come.Politics - The Hill - 1 hour ago -
Fed May Cut Rates in Response to Tight Credit Conditions
This week, the central bank will likely announce reduced interest rates as low demand for loans continues.Business - Inc. - 57 minutes ago -
Israeli Strike Kills 3 Journalists in Southern Lebanon
The three worked for Lebanese news organizations, their employers said. Lebanon’s health ministry said they had been staying in a residence housing journalists.World - The New York Times - October 26 -
As U.S. Election Looms, Biden Aides Struggle With Middle East Wars
Secretary of State Antony J. Blinken tried to get Prime Minister Benjamin Netanyahu of Israel to envision a U.S.-backed plan for ending the war in Gaza, but there was no sign of progress.World - The New York Times - October 26 -
Republic of Georgia’s Ruling Party Claims Election Victory
The Georgian Dream party won 54 percent of the vote, the electoral commission said Sunday, a result that critics of the government fear could derail the country’s pro-Western course.World - The New York Times - October 27 -
At Vatican Synod, Women’s Issues Are Relegated to a Side Group
A meeting four years in the making said the ordination of women required further study, but it called for women to have more leadership roles, even in seminaries.World - The New York Times - October 27 -
A Skeleton Bank of Understudied Species
With a new database of medical images, zoo and wildlife vets can finally see what healthy uncommon animals, from rhinos and tamarins to pangolins and sea stars, should look like on the inside.World - The New York Times - October 26 -
Israel’s Strike Marks New Phase of Conflict, but Stops Short of All-Out War
Iran’s initial reaction suggested that the sides had once again averted an uncontrolled war, even if the prospect looms larger than ever.World - The New York Times - October 27 -
Iran’s Leaders Stress Their Right to Respond to Israel’s Strikes
Iran’s supreme leader said Israel’s attack should not be “magnified or downplayed,” state media reported. U.S. and Israeli officials were expected to meet in Qatar for talks aimed at reviving ...World - The New York Times - October 28 -
Behind the Tactical Gains Against Iran, a Longer-Term Worry
Experts inside and outside the Biden administration fear that Iran may conclude it has only one defense left: racing for an atomic weapon.World - The New York Times - October 27 -
Election Violence Is Already Here
With bombs, brawls, and stolen mail-in ballots already in play, the 2024 election is shaping up to be exceptionally chaotic. WIRED is tracking these incidents as they unfold.Tech - Wired - 5 days ago -
While Europe frets, India expects
European foreboding about peace and stability in the world finds little echo in New DelhiBusiness - Financial Times - October 14 -
Casabrews 5700PRO Review: Exceeding Expectations
This all-in-one espresso machine delivers on quality with minimal fuss.Tech - Wired - October 16 -
Inheritance tax increases expected in Budget
It is not known how many people are likely to end up paying more under the government's plan.Top stories - BBC News - October 17 -
Sources: Middleton expected to miss opener
Bucks star Khris Middleton, who is rehabbing from offseason ankle surgeries, is expected to miss Wednesday's season opener against the 76ers, sources told ESPN.Sports - ESPN - October 21 -
WPP Returns to Growth, Beating Expectations
WPP reported a surprise rise in organic revenue for the third quarter, returning to growth after declines in previous quarters, as it benefited from higher spending among its bigger clients and a ...Business - The Wall Street Journal - October 23 -
Bloomsbury to beat expectations on ‘romantasy’ boom
Publisher reports best-ever first half as sales of authors such as Sarah J Maas and JK Rowling continue to soarBusiness - Financial Times - October 24 -
Bud Light Owner's U.S. Sales Bounce Back After Boycott
After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.Business - The Wall Street Journal - 5 days ago -
What to expect on US election night
Don’t anticipate results tonight, but there will be some early indicatorsWorld - Financial Times - Yesterday -
FirstFT: Decision day in America
Also in today’s newsletter, Boeing workers vote to end strike and Ukraine encounters first North Korean troops on the battlefieldWorld - Financial Times - Yesterday