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Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - 12 hours ago -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - 11 hours ago -
Eli Lilly's quarter was messy. What to do with the stock is more clear-cut
We're upgrading our rating on the drugmaker to a buy-equivalent 1.Business - CNBC - 10 hours ago -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - 5 hours ago -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - 3 hours ago -
Bull market turns 2. Why fewer Fed rate cuts won’t rattle stock investors.
Even though concerns around a potential reheating of inflation have added to the uncertainty around the Federal Reserve’s interest rate path, it may not stop stocks from going higher, analysts said.Business - MarketWatch - October 13 -
European Central Bank set for third interest rate cut of the year in meeting this week
Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.Business - CNBC - October 14 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8
Activist investor Elliott Management has requested a Dec. 10 special meeting date at Southwest Airlines, as it seeks to oust CEO Bob Jordan.Business - CNBC - October 14 -
How much does a $200,000 home equity loan cost per month now that rates are cut?
As interest rates fall, home equity loans become cheaper. Here's what a $200,000 home equity loan costs monthly now.Top stories - CBS News - October 14 -
Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...Business - MarketWatch - October 14 -
New cervical cancer treatment regime ‘cuts risk of dying from disease by 40%’
Process tested in patients over 10-year period involves short course of chemotherapy before chemoradiation. Doctors are hailing a “remarkable” new treatment regime for cervical cancer that reduces ...World - The Guardian - October 14 -
Trump plays music for supporters after town hall cut short due to medical emergencies
Former President Trump cut questions short at a town hall event with supporters in battleground Pennsylvania on Monday night, after two lengthy interruptions because of medical episodes. Instead, ...Politics - The Hill - October 15 -
Trump Bobs His Head to Music for 30 Minutes in Odd Town Hall Detour
After multiple interruptions, Donald Trump cut off questions and seemed to decide that it would be more enjoyable for all concerned — and, it appeared, for himself — if he fired up his campaign ...Top stories - The New York Times - October 15 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
Middle East crisis live: US warns Israel it will withhold arms funding if Gaza aid doesn’t improve
US state department confirms reports that secretary of state and defense secretary warned Israel . See all our Middle East coverage here Israeli military strikes killed at least 40 ...World - The Guardian - October 15