Other Retailers Cut - QuikReader

Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

Carmaker to slash global production capacity by a fifth in emergency turnaround plan

World - Financial Times - November 7

Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half

The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.

Business - The New York Times - November 7

BT says UK Budget will lift costs by £100mn as it lowers revenue guidance

Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’

World - Financial Times - November 7

Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

Top stories - The New York Times - November 7

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

What a potential Fed rate cut could mean for the economy

As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...

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