Lower Demand Worries
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CBS News - Top stories
Fed lower rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.8 minutes ago - Federal Reserve -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...12 minutes ago - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a point, an unusually aggressive move designed to cushion the economy from a further slowdown.13 minutes ago - Federal Reserve -
CNBC - Business
Here's what Morgan Stanley, Wells Fargo stand to gain from lower interest rates
Banks are hoping for a more normalized bond market yield curve, with a wider spread between the short end and the long end.36 minutes ago -
NBC News - Top stories
Weekly mortgage demand surges 14% as interest rates hit two-year low
Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing.1 hour ago - Mortgage -
The Hill - Politics
12:30 Report — Who will lowering interest rates help?
Presented by Novo Nordisk — 🎤 Trump's back on the campaign trail {beacon} 12:30 REPORT It’s Wednesday. Writer Abby Olcese posted that she sat next to an Abraham Lincoln impersonator at an airport ...1 hour ago -
The Hill - Politics
71 percent of Americans worry officials won't accept election results: poll
A new poll has revealed that seven in 10 Americans are concerned that officials will not accept the results of the upcoming elections, with half of respondents expressing concern about potential ...2 hours ago -
The Hill - Politics
Republican senator demands ABC News turn over any pre-debate communication with Harris
Sen. Roger Marshall, R-Kansas, wrote a letter to ABC News demanding communications between Harris and the network.3 hours ago -
Yahoo Sports - Sports
Fantasy Football Panic Meter: Is it time to worry about Sam LaPorta and Travis Kelce?
Fantasy football analyst Dalton Del Don busts out the panic meter to get a temperature check on the players who have disappointed the most through two weeks.4 hours ago - Fantasy Football -
MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.5 hours ago -
BBC News - Top stories
Party over for Tupperware as it files for bankruptcy
The US company says it will ask for court permission to start a sale process of the business.6 hours ago -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.6 hours ago - Mortgage -
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The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...11 hours ago - United Kingdom -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...22 hours ago -
ABC News - Tech
Google says it will rethink its plans for a big data center in Chile over water worries
Google says it will halt plans to develop a major $200 million data center in Chile to address environmental concerns23 hours ago - Google -
ABC News - World
Bangladesh opposition party rallies to demand a new election
Thousands of activists and opposition leaders from the Bangladesh Nationalist Party have rallied in the capital, DhakaYesterday -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...Yesterday - Germany -
ABC News - Sports
Boston Marathon lowers qualifying times for most prospective runners for 2026 race
Runners hoping to qualify for the 2026 Boston Marathon are going to have to pick up the paceYesterday -
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MarketWatch - Business
Investors should brace for lower stock-market returns over the next decade, JPMorgan warns
Millennials and Generation Z might not enjoy the robust returns from U.S. stocks that helped swell the retirement accounts of their parents and grandparents, according to a team of equity analysts ...Yesterday -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
The Guardian - World
Lucy Letby: mother of murdered baby demands apology over hospital ‘failings’
Mother of Child D describes feeling she was ‘losing mind’ as she pushed for investigations. The mother of a baby girl murdered by Lucy Letby has demanded an apology from the hospital for “dozens” ...Yesterday -
NBC News - Top stories
Drinking this much coffee a day is linked to a lower risk of several diseases
A new study found that drinking about three cups of coffee per day was associated with the lowest risk of stroke, coronary heart disease and type 2 diabetes.Yesterday -
The Hill - Politics
83 percent of young adults are worried about state of US democracy
The vast majority of young adults say they are worried about the state of U.S. democracy, according to a poll published Tuesday by the Sine Institute for Policy and Politics at American University. ...Yesterday -
The Wall Street Journal - Business
Cigna Demands FTC Retraction in Escalating Drug-Price Fight
The FTC report said the companies responsible for controlling spending on drugs were sometimes steering patients toward more expensive medicines.Yesterday -
ABC News - Tech
Elon Musk has often inflamed politically tense moments, raising worries for the US election
As Election Day draws nearer, social media posts by X owner Elon Musk are raising concerns that he will use his immense platform to question the legitimacy of the vote in the U.S. presidential ...Yesterday - Elon Musk -
MarketWatch - Business
Actress Sarah Paulson lowers the price of her $1.8 million mobile home in ‘America’s priciest trailer park’
This is not your average trailer park. Located on a Malibu beach, it’s attracted a number of celebrities over the years.Yesterday -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
BBC News - Top stories
Indian state accepts key demands of protesting doctors in rape case
The West Bengal government has agreed to remove a top police officer and two senior health officials.Yesterday