Raises Benchmark Interest
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BBC News - Top stories
Bank of England expected to hold interest rates at 5%
Economists are betting on rates being held in September with a cut to come in November instead.4 hours ago -
Financial Times - World
Trump says half-point rate cut shows US economy is ‘very bad’
Former president adds that central bank could be ‘playing politics’ as it reduces interest rates ahead of election4 hours ago - Donald Trump -
Inc. - Business
Amazon Raises Hourly Wages for Fulfillment, Transport Workers
The hikes go into effect this month and may help retain workers through the holiday season.5 hours ago - Amazon -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...5 hours ago -
VentureBeat - Tech
Gamebeast raises $3.7M in funding for Roblox games support
Gamebeast has raised $3.7 million in pre-seed funding to put towards its Roblox development and support tools.5 hours ago -
Financial Times - World
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you6 hours ago -
Inc. - Business
Advantages of Buying a Business During High Interest Rates
Contrary to common wisdom, investors can succeed in this economic environment.7 hours ago -
CNBC - Business
University of Tennessee to raise season ticket prices 10% in anticipation of revenue sharing
Tennessee athletics will raise season ticket prices across all its sports by 10%.7 hours ago -
The New York Times - Business
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what the half-point interest rate cut will mean for your car loans, credit cards, mortgages, savings and student loans.7 hours ago - Federal Reserve -
ABC News - Top stories
Federal Reserve cuts interest rates for 1st time since 2020
"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.7 hours ago - Federal Reserve -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...8 hours ago - Federal Reserve -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...9 hours ago - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.9 hours ago - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...9 hours ago - Federal Reserve -
NBC News - Top stories
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power ...10 hours ago -
VentureBeat - Tech
AI startup Rep.ai raises $7.5M to launch ‘digital twin’ sales representatives
Rep.ai raises $7.5M to launch AI-powered "digital twin" sales representatives, offering 24/7 video and audio engagement for website visitors, challenging traditional chatbots and human sales ...11 hours ago - Artificial Intelligence -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.12 hours ago - Federal Reserve -
Financial Times - Business
India overtakes China in world’s biggest investable stock benchmark
Red-hot Indian equities propel country past China weighting in MSCI All-Country index13 hours ago - China -
CBS News - Top stories
Electric vehicles raise safety concerns as to whether guardrails can handle car's excess weight
Guardrails on U.S. roads are typically tested against vehicles weighing up to 5,000 lbs. However, many electric vehicles weigh up to 30% more than that, raising safety concerns on whether ...14 hours ago -
CBS News - Top stories
Fed expected to cut benchmark interest rate, providing relief to consumers
Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.14 hours ago - Federal Reserve -
The Hill - Politics
Kamala Harris will raise your taxes, no matter what she's saying now
Kamala Harris has promised not to raise taxes for those making less than $400,000, but her proposed tax credits and deductions are not actual tax cuts, and she has promised to let the 2017 Trump ...15 hours ago - Kamala Harris -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.16 hours ago -
CNBC - Business
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.Yesterday -
MarketWatch - Business
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution.Yesterday -
MarketWatch - Business
Make this last-minute money move before the Fed’s interest-rate cut
Plus, tips for how savers and spenders can prep for the first interest-rate cut since 2020Yesterday -
MarketWatch - Business
Bitcoin jumps while Dow falls ahead of the Fed’s interest-rate decision
Bitcoin jumped Tuesday ahead of the Federal Reserve’s key rate decision on Wednesday, as traders expect the central bank policymakers to deliver the first interest-rate cut in four years.Yesterday - Crypto -
CBS News - Top stories
How far will mortgage interest rates drop this week?
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.Yesterday - Mortgage -
CBS News - Top stories
How to make CD accounts valuable as interest rates drop
There are ways to make CD accounts valuable even as interest rates fall. Here's how to get the most out of them.Yesterday -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social careYesterday -
MarketWatch - Business
A possible Fed interest-rate cut boosts home builders confidence
Builder sentiment rose as mortgage rates fell, the National Association of Home Builders said.Yesterday - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
CBS News - Top stories
Is debt relief worth it as interest rates drop? Experts weigh in
Interest rates on credit cards and loans may begin to drop. So should borrowers still use debt relief services?Yesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
VentureBeat - Tech
Dirt raises $2M from Mark Cuban and others for sensor-based measurement of player attention
Dirt Research Technologies has raised $2 million for its sensor-based neuroscience to identify attention-demanding content.Yesterday -
ABC News - Tech
Elon Musk has often inflamed politically tense moments, raising worries for the US election
As Election Day draws nearer, social media posts by X owner Elon Musk are raising concerns that he will use his immense platform to question the legitimacy of the vote in the U.S. presidential ...Yesterday - Elon Musk -
The Hill - Politics
Report on forced labor, child labor raises tough questions in green energy transition
A new report from the Department of Labor raises tough questions about whether and to what extent forced labor and child labor are intertwined with climate-friendly technology. The department ...Yesterday