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Business - CNBC
The Fed is finally cutting rates, but banks aren't in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.20 minutes ago - Federal Reserve -
Business - Financial Times
US inflation fell to 2.4% in September
Figures for headline and core rates marginally surpass expectations1 hour ago - Inflation -
Business - Financial Times
Starboard plotted a campaign against Pfizer’s chief. Then a blank email dropped in his inbox
A seemingly misfired message has embroiled Albert Bourla and his company in a high-stakes activist battle2 hours ago -
Top stories - CBS News
Last CPI report before Election Day shows inflation rate at 2.4%
The latest Consumer Price Index report, the last that will be released before Election Day, showed inflation continued to cool in September. CBS News business analyst Jill Schlesinger has more.2 hours ago -
Business - MarketWatch
Mortgage rates post biggest jump in six months
The 30-year mortgage rate is averaging 6.32%, Freddie Mac said in its latest weekly survey on Thursday.3 hours ago - Mortgage -
Business - CNBC
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.3 hours ago -
Business - Inc.
Inflation Drops to Lowest Point Since February 2021
The steady decline shown in September data from the Labor Department supports a positive economic outlook after a shaky stretch.4 hours ago -
Top stories - CBS News
3 big risks of waiting for mortgage interest rates to fall
While trying to time the market may land you a better interest rate, it can also come with some risks to consider.4 hours ago - Mortgage -
Top stories - CBS News
What is a mortgage interest rate modification and how do you get it?
A mortgage rate modification could make sense if your mortgage payments or current rate are higher than you'd like.5 hours ago -
Business - MarketWatch
Minutes show a cautious Fed, economists say, with ‘little hurry to slash rates’
Minutes of the Fed’s Sept. 17-18 deliberations, published Wednesday afternoon, reveal a much more cautious central bank, economists said.5 hours ago -
Business - MarketWatch
Delta Air Lines’ stock drops as less travel around the election will hurt sales growth
Delta Air Lines’ stock was headed for another post-earnings selloff on Thursday, after the air carrier missed third-quarter profit expectations and gave a downbeat revenue growth outlook, as travel ...5 hours ago -
World - Financial Times
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 -
Politics - The Hill
Annual inflation rate drops to 2.4 percent, lowest since February 2021
Consumer prices rose slightly in September as the Federal Reserve prepared to cut interest rates and ease off the brakes of the U.S. economy. The consumer price index, a closely watched gauge of ...6 hours ago -
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Business - Financial Times
Ikea posts first drop in revenue since 2020 after cutting prices
Flat-pack furniture retailer returns to policy of lowering furniture costs after pandemic-era increases8 hours ago -
Top stories - BBC News
Fresh rise in mortgage rates predicted
Recent falls in rates could come to "an abrupt halt" in the next few days, according to brokers8 hours ago - Mortgage -
Business - MarketWatch
The Federal Reserve’s interest-rate panic is creating a windfall for retirees
Those who need to generate low-risk income out of their savings can earn more than they could have done even a few weeks ago.9 hours ago -
Business - CNBC
Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.20 hours ago - Federal Reserve -
Politics - The Hill
Mortgage applications drop 5.1 percent as rates rise despite Fed cuts
Mortgage applications dipped earlier this month as rates have been on the rise following a strong September jobs report. Recent data from the Mortgage Bankers Association’s (MBA) Weekly ...22 hours ago - Federal Reserve -
Top stories - BBC News
Human trafficking charges against Stagecoach tycoon are dropped
Dame Ann Gloag said the "malicious allegations" have been a devastating threat to her legacy.22 hours ago -
Business - The New York Times
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.23 hours ago - Federal Reserve -
Tech - GameSpot
Get A Highly Rated Steam Deck Docking Station For Only $24
One of the best-rated third-party Steam Deck docking stations, the JSAUX Docking Station , is getting a big discount at Amazon. You can pick up the accessory for just $24 (was $40), but the deal ...23 hours ago -
Business - Financial Times
Fed officials were divided over big rate cut in September
Minutes from meeting showed some dispute about how quickly to reduce borrowing costsYesterday - Federal Reserve -
Top stories - CBS News
Shelter cats and dogs run frantically as Israeli bombs drop on Beirut
Footage from an animal shelter in a Beirut suburb near the focal point of Israel's strikes shows cats and dogs running frantically as bombs drop. The shelter, which has rescued several animals ...Yesterday - Israel -
Business - Inc.
Fed Minutes Could Offer a Peek at Rate Cut Debate
Insight into the central bank’s decision to cut the prime interest rate may signal its plans for future reductions.Yesterday - Federal Reserve -
Business - CNBC
As interest rates fall, it's a 'fantastic time' to revisit bonds, advisor says — here's why
As the Federal Reserve cuts interest rates, investors should revisit their bond portfolio, experts say. Here's which bonds could see a boost.Yesterday -
Business - CNBC
Bayer shares drop 7% after U.S. court says it will review Monsanto case
The company said in a statement Wednesday that there was "no basis for a different outcome on appeal."Yesterday -
Tech - GameSpot
The New Kinect Spiritual Successor Drops To Best Price Yet For Big Deal Days
Miss the quirky, full-body motion games offered by Kinect? Then take a look at Nex Playground , a funky little device that plugs directly into your TV so you can dive into a variety of ...Yesterday -
Top stories - CBS News
How much does a $90,000 HELOC cost per month now that rates are cut?
Payments on a $90,000 HELOC are currently affordable and they could become cheaper soon. Here's what to know now.Yesterday -
Business - MarketWatch
Reddit stock climbs after Jefferies initiates coverage with a buy rating
Jefferies estimates that Reddit’s Ebitda will more than double in the next two years to around $450 million.Yesterday -
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Top stories - CBS News
How to earn big CD returns as interest rates are cut
A single interest rate cut hasn't dramatically affected CD accounts. Here's how you can still earn a big return now.Yesterday -
Business - Financial Times
Argentina’s Milei says his ‘regime of freedom’ not ready to drop currency controls
‘We are not communists,’ says president in Financial Times interviewYesterday -
Top stories - CBS News
What will happen to home prices as interest rates are cut?
Experts predict home prices will rise as interest rates are cut, but two other outcomes could unfold.Yesterday -
Top stories - The New York Times
After Floods, Soaring Insurance Rates Become a Hot Election Issue
Few states elect their insurance commissioners. But in North Carolina, a proposed 42 percent rate hike and Hurricane Helene have raised the stakes in the upcoming election.Yesterday -
World - Financial Times
Starmer refuses to rule out raising employer National Insurance rate
Chancellor Rachel Reeves could raise billions of pounds by introducing levy on employer pension contributionsYesterday