Latest in Rate Hits Highest
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Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 21m -
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Tom Cruise awarded highest Navy honor for a civilian
The 62-year-old actor was celebrated for his outstanding contributions to the Navy and the Marine Corps.The Hill - 2h -
Tom Cruise receives the Navy's highest civilian honor
Actor and producer Tom Cruise accepted the U.S. Navy's highest honor for civilians Friday for his work on "Top Gun" and other films focusing on military service.Los Angeles Times - 4h -
UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates
Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget. UK inflation data leaves Starmer miles off goal of growth ‘felt in people’s ...The Guardian - 7h -
Mortgage rates inch up ahead of Fed meeting
Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.MarketWatch - 3h -
UK inflation rate hits highest level for eight months
Economists say the faster pace of price rises all but rules out an interest rate cut on Thursday.BBC News - 3h -
Tom Cruise honoured with US Navy's highest civilian award
The Top Gun star is being celebrated for spiking military recruitment with his screen roles.BBC News - 22h -
Trailblazing politician Shirley Chisholm is awarded Congress' highest honor
President Joe Biden signed the “Shirley Chisholm Congressional Gold Medal Act” last week posthumously honoring Chisholm, who died in 2005, with Congress’s highest award.NBC News - 1d -
Elon Musk will not receive highest-level government security clearance – reports
The SpaceX head has been advised to not seek the same over his drug use and contacts with foreign nationals. The space entrepreneur Elon Musk is unlikely to receive government security clearances ...The Guardian - 1d -
Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 1d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Moody’s Downgrades France’s Credit Rating
The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.The New York Times - 4d -
The Art of Hitting in Women’s Hockey
Since the launch of the Professional Women’s Hockey League in January, the game has become more physical than ever before.The New York Times - 4d -
Looking for a pay raise? These industries have the highest pay changes
Money is on everyone’s minds as the holidays approach. The average American has less cash in their pockets these days thanks to rising costs, exacerbated by the fact that U.S. consumer prices ...The Hill - 5d -
Sterling hovers near highest level against euro since Brexit vote
Single currency weighed down by weak economy and expectations of further interest rate cutsFinancial Times - 5d -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 5d -
Bowel-cancer rates rising among younger people
Poor diet, obesity, alcohol and smoking may be among the risk factors involved, researchers say.BBC News - 6d -
Explosion in Afghanistan Kills Minister in Highest-Profile Blast Since Taliban’s Return
The government accused the Islamic State of being behind the attack, which struck at the heart of the Taliban’s power structure after years of essentially unchallenged dominance.The New York Times - 6d -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - Dec. 11 -
Coffee price surges to highest on record
Coffee drinkers are set to feel the pinch from high prices after crops got hit by drought and heavy rainfall.BBC News - Dec. 11 -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - Dec. 10 -
Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
Heads of households expecting their financial situation to be better a year from now jumped to 37.6%.CNBC - Dec. 9 -
Taylor Swift’s Eras becomes highest-earning concert run in history
Tour generates $2.1bn in revenues from 10mn tickets sold across 149 showsFinancial Times - Dec. 9 -
Arsenal ratings: Lackluster Gunners drop points
Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.ESPN - Dec. 8 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
The Starmer pledges that will be hard to hit
The prime minister has set out what's he's calling Labour's "plan for change" - the goals for his government to achieve.BBC News - Dec. 5 -
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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 -
Three climbers from the US and Canada missing on New Zealand’s highest mountain
Several climbing-related items which police believe belonged to the trio found, as bad weather will likely delay search efforts until Thursday. Rescue teams looking for three climbers who went ...The Guardian - Dec. 4 -
3 Climbers From the U.S. and Canada Have Gone Missing on New Zealand’s Highest Mountain
Two Americans and a Canadian were climbing Aoraki/Mount Cook before failing to show up to a prearranged flight on Monday.The New York Times - Dec. 3 -
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 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC 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 -
Missing U.S. climbers' gear found on New Zealand's highest peak
Silverton Avalanche School in Colorado said it had been notified that the climbers "appear to have taken a fatal fall from high upon the peak."CBS News - Dec. 3 -
Three climbers from the US and Canada are missing on New Zealand's highest peak
Three mountain climbers from the U.S. and Canada are missing after they failed to return from a planned ascent of New Zealand’s highest peak, AorakiABC News - Dec. 3 -
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 -
Women's college basketball rankings: TCU Frogs leap to program's highest spot ever in AP Top 25 poll
TCU's win over Notre Dame fuels hop to No. 9; UCLA remains in top spotCBS Sports - 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