Latest in Poised Cut Rates
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Unemployment rate jumps more than a percentage point for Black women in November
The unemployment rate jumped significantly for Black women in November.CNBC - Dec. 6 -
How to get a low home equity loan rate for 2025
Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.CBS News - Dec. 6 -
Ski champ Lindsey Vonn poised to join pro athletes who've shown they still have it at 40+
Lindsey Vonn will make her return to professional skiing at age 40 this weekend in the FIS Fall Festival at Copper Mountain, ColoradoABC News - Dec. 6 -
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.CNBC - Dec. 6 -
Health-care quality rating at 24-year low: Gallup
Americans’ outlook on the quality of health care in the U.S. is at a 24-year low, according to a new survey. The Gallup poll, released Friday, shows 33 percent of U.S. adults said the quality of ...The Hill - Dec. 6 -
Iran poised to 'quite dramatically' increase its stockpile of near weapons-grade uranium, UN nuclear agency head warns
Iran poised to 'quite dramatically' increase its stockpile of near weapons-grade uranium, UN nuclear agency head warnsABC News - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
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U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home.MarketWatch - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
OpenAI appears poised to launch ChatGPT Pro subscription plans at $200 USD per month
Screenshots posted on X by third-party AI engineer Tibor Blaho show the new tier, ChatGPT Pro, priced at $200 U.S. dollars per month.VentureBeat - Dec. 5 -
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4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Liverpool player ratings: Alexander-Arnold, Salah star in thriller vs. Newcastle
Mohamed Salah continued his flying form to help Liverpool come from behind and draw Newcastle United.ESPN - Dec. 4 -
Lobbying firm with ties to Trump appears poised to profit from new administration
Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.ABC News - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
America’s Hidden Racial Divide: A Mysterious Gap in Psychosis Rates
Black Americans experience schizophrenia and related disorders at twice the rate of white Americans. It’s a disparity that has parallels in other cultures.The New York Times - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
House environment panel poised for Democratic leadership shakeup
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Grijalva bows out of race for top Dem spot on House climate panel House Natural Resources ...The Hill - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
