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U.S. House leaning Republican, CBS News rates

President-elect Donald Trump will return to the White House on Jan. 20, 2025, and he may be leading a government entirely controlled by his party. Republicans flipped the Senate through a handful ...

Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

Bank of England cuts interest rates to 4.75%

Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast

World - Financial Times - November 7

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - November 7

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

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.

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 - 2 days ago

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 - Yesterday

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 - 13 hours 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 - 11 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.

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.

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 - Yesterday

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

UK savings plans overhauled with planned pension tax changes

Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regime

Business - Financial Times - October 31

Pakistan pitch plan a compliment to England

England should be flattered by Pakistan's pitch plan, but the second Test wasn't only decided at the toss, says Stephan Shemilt.

What to know about estate planning

A new survey shows the number of Americans with a will has decreased by 6% from last year, even though the majority say having a will is important. CBS News business analyst Jill Schlesinger ...

Inside Donald Trump’s plans for the world

Also in today’s newsletter, the fallout from the former president’s closing argument and Democrats chip away at Wisconsin’s WOW counties

World - Financial Times - October 29

Child benefit reform plans scrapped

A planned move to a system where claims are based on household income, rather than an individual's, will not go ahead.

Fear, Imagining, and the State of the "Yzer-plan"

A month into the season, the Red Wings look to have regressed from last year's side that couldn't snag a playoff berth. As anxiety mounts, what is the path forward for the Yzerman era in Detroit?

Sports - Yahoo Sports - October 31

Ukraine’s plan to win over Trump

Ukraine seeks to earn US president-elect’s favour with natural resources and troop deployments

World - Financial Times - 2 days ago

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.

US economic growth is strong — so why cut rates?

Only borrowers such as struggling commercial property and debt-laden zombie companies will benefit

World - Financial Times - October 17

ECB Cuts Interest Rates Again as Eurozone Inflation Slows

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.

Business - The New York Times - October 17

European Central Bank, seeing no signs of recession, cuts interest rates again

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...

World - ABC News - October 17

The NFL is chasing a new audience to build on its explosive ratings

The NFL is itching for further growth and it's turning to Latino and Spanish-speaking audiences as a new audience.

Business - CNBC - October 17

When will home equity loan interest rates fall again?

Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.

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