Lowers Interest Rates

Expert tips on lowering election-related stress

Between assassination attempts, a last-minute candidate switch and ongoing personal attacks, the nail-biter 2024 election has some Americans stressed out. In fact, the American Psychological ...

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 - 13 hours ago

FirstFT: Uber explored bid for travel website Expedia

Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars back

World - Financial Times - October 17

UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...

Business - MarketWatch - October 15

10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading

Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...

Business - MarketWatch - October 15

TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production

The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...

Business - The Wall Street Journal - October 15

Lower oil prices are good for consumers — but a bad sign for the global economy

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.

Business - MarketWatch - October 16

CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena

Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...

Business - MarketWatch - October 17

Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce

More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.