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Federal Reserve lowers rates by a quarter point
The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.Top stories - NBC 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 -
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.Business - The New York Times - November 7 -
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.Business - The New York Times - November 12 -
What to know about the inflation report.
A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.Top stories - The New York Times - 6 days ago -
New York to implement congestion pricing at lower rate
New York Gov. Kathy Hochul (D) will revive plans for the nation’s first traffic congestion pricing plan in New York City at a reduced rate after delaying the controversial plan earlier this year. ...Politics - The Hill - 5 days ago -
Powell says Fed in no ‘hurry’ to lower interest rates further
Central bank chair warns path to a reduction in inflation will be ‘bumpy’Business - Financial Times - 5 days ago -
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about ...Business - MarketWatch - 3 days ago -
Fitch Downgrades Spirit Airlines’ Credit Rating
Spirit Airlines is working on alternatives to improve its liquidity.Business - Inc. - 3 days ago -
Trump's approval rating at 54 percent as president-elect
A slight majority of registered voters approve of the job President-elect Trump is doing leading up to his second White House administration, according to a new poll. A Harvard CAPS/Harris poll ...Politics - The Hill - 8 hours ago -
Lung cancer survival rate improves: Research
The survival rate among those with lung cancer has improved by more than a quarter in the last five years, according to a new report. The findings from the American Lung Association's latest "State ...Politics - The Hill - 7 hours 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 - November 1 -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
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 - November 5 -
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 - November 7 -
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - 6 days ago -
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates stand near a record high.Top stories - ABC News - 5 days ago -
China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
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Is a fixed-rate HELOC worth it now? Here's what some experts think.
Fixed-rate HELOCs are a good option for many homeowners — but consider the current rate environment beforehand.Top stories - CBS News - October 21 -
2 States to Vote on Lower Minimum Wage Rate for Tipped Workers
Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.Business - Inc. - October 21 -
Why home equity borrowers shouldn't wait for the November rate cut
If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.Top stories - CBS News - October 21 -
Harris, Trump favorability ratings among lowest for nominees since 1956: Gallup
Vice President Harris and former President Trump have secured some of the worst favorability ratings for presidential nominees since 1956, a new survey found. Gallup has measured favorability of ...Politics - The Hill - October 22 -
Mortgage rates stay high, sapping home-buying demand
Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 23 -
What causes home equity loan interest rates to drop? And will they keep falling?
Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.Top stories - CBS News - October 23 -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 23 -
Player ratings: Liverpool stay unbeaten in Champions League thanks to Núñez winner
Liverpool continue unbeaten in the UEFA Champions League with an important performance and goal from Darwin Núñez in their 1-0 win over RB Leipzig.Sports - ESPN - October 23 -
