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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 - 3 days ago -
10-year Treasury yield ends below 4-month high after Fed cuts rates again
Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.Business - MarketWatch - 2 days ago -
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 - 2 days ago -
NY Fed: ‘Reserves remain abundant’
Cute new measure of the reserve regime just droppedWorld - Financial Times - October 21 -
The 27 best new products this month
The best new products this October are the Rhode Barrier Balm, Ninja Crispi, New Balance Fresh Foam X 1080v14 and Shark FlexFusion. Here’s how to shop them.Top stories - NBC News - October 17 -
October was one of the driest months in history
The month of October proved to be one of the driest months in American history with various states reporting no rain for 31 days. Cities including New York, Houston, Dallas, Philadelphia and San ...Politics - The Hill - October 31 -
Philadelphia Fed’s factory gauge jumps in October
Index rises to 10.3, second straight monthly gainBusiness - MarketWatch - October 17 -
Feds charge fan with arson for flares in Orlando
A man has been charged with "arson of a building that led to personal injuries" after releasing two flares into the stands at an Orlando City match at Inter&Co stadium in Orlando, Florida, federal ...Sports - ESPN - October 18 -
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Fed should beware of wishing on an R-star
US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana stateWorld - Financial Times - October 23 -
Fed Beige Book continues to point to sluggish economy
Nine out of 12 districts report flat or declining activity.Business - MarketWatch - October 23 -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
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 - 3 days ago -
Trump Is Inheriting Booming Markets and a Decisive Fed
Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.Business - Inc. - 2 days ago -
Trump is not expected to try to fire Fed Chair Powell
Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.Business - MarketWatch - 2 days ago -
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 - 2 days ago -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - 2 days ago -
Here's what changed in the new Fed statement
This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.Business - CNBC - 2 days ago -
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 - 2 days ago -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - 2 days ago -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - Yesterday -
The Fed’s Job Is About to Get a Lot Harder
Jerome Powell sees an uncertain path as Trump enters the White House and inflation wavers.Business - Inc. - Yesterday -
Feds investigate racist text messages sent nationwide
Federal authorities are investigating racist text messages that were sent this week to residents in at least 19 states, from California to Connecticut. The texts were also sent to students at ...Top stories - CBS News - 23 hours ago -
What Boeing is offering to striking machinists
Boeing machinists began voting Wednesday on a new contract offer from the company to potentially end their nearly six-week-long strike. CBS News senior transportation correspondent Kris Van Cleave ...Top stories - CBS News - October 23 -
Massie offers 'full endorsement' to Trump
Rep. Thomas Massie (R-Ky.) posted a "full endorsement" of former President Trump on Friday, saying he was “honored” to throw his support behind the GOP candidate. “Donald Trump will put Americans ...Politics - The Hill - October 25 -
Benefits, interest rates and pensions - how September's inflation figure affects you
The cost of living is always important but this month's has a particular extra impact for millions of people.Top stories - BBC News - October 16 -
Report: USMNT's Balogun (shoulder) out 2 months
United States striker Folarin Balogun will be sidelined for about two months with a shoulder injury, a person close to the player told The Associated Press on Wednesday.Sports - ESPN - October 16 -
Meta fires staff for abusing $25 meal credits
Workers used benefits to buy acne pads, wine glasses and laundry detergentBusiness - Financial Times - October 17 -
Harris will campaign with the Obamas later this month in Georgia and Michigan
Vice President Kamala Harris is getting ready for her first campaign appearances with Barack and Michelle Obama this month in Georgia and MichiganTop stories - ABC News - October 18 -
A Major Push to Protect Nature Is Happening Now
Delegates from around the world are meeting in Colombia in what is expected to be the biggest U.N. biodiversity conference in history.World - The New York Times - October 21 -
Charges Dropped in Case Against Binance Employee Held in Nigeria
Tigran Gambaryan, who was in custody for eight months, has been released so he can receive medical care.Business - The New York Times - October 23 -
Yin wins in Malaysia for second LPGA title this month
Ruoning Yin shot a 7-under 65 to win the LPGA Tour's Maybank Championship in Malaysia by one stroke for her second title this month.Sports - ESPN - October 28 -
Parts of Spain Get a Month’s Worth of Rain in a Day
The deluge flooded streets, breached rivers and destroyed crops along the Mediterranean coast. There could be more rain still to come.Top stories - The New York Times - October 30