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Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - 8 hours ago

Federal Reserve cuts interest rate for second time in 2024

The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 5 hours ago

Younger Asian American women had the second-lowest breast cancer rate. Why they’re now No. 1.

Since 2000, breast cancer among AAPI women under 50 has increased by 50%, more than 2% every year since 2012, according to a new report from the American Cancer Society.

Cargo On-Time Rates Are Dismal. Two Shipowners Have a Plan to Fix That.

In a new alliance, Maersk and Hapag-Lloyd are aiming to cut docking costs and improve on-time performance.

Business - The Wall Street Journal - October 20

Romania scrambles fighter jets second time this week over breach of airspace

Romania has scrambled fighter jets for the second time this week after an unidentified object breached its airspace by the Black Sea

World - ABC News - October 19

Romania scrambles fighter jets second time this week over breach of airspace

World - Yahoo News - October 19

For the second time in a day, Trump resorts to false personal attacks on Harris

Former President Donald Trump slammed Vice President Kamala Harris on Tuesday night as a “lunatic" and “stupid” and questioned whether she had a problem with alcohol or drugs — the second time over ...

Politics - NBC News - October 23

Eurostar £39 ticket adverts banned by UK watchdog for second time

Advertising Standards Authority said no evidence enough seats available for purchase at cheap fare during promotion

World - Financial Times - 2 days ago

Trump wins presidency for second time, completing improbable comeback

Former President Trump is projected to win the presidency, securing a second term nearly four years after he left Washington under a cloud of ignominy and with an uncertain political future, ...

Politics - The Hill - Yesterday

5 takeaways as Trump wins White House for a second time

Former President Trump completed an extraordinary comeback early Wednesday morning, becoming the first president to win nonconsecutive terms in more than a century by defeating Vice President ...

Politics - The Hill - Yesterday

Trump declares 'unprecedented mandate' after winning presidency for second time

Former President Trump declared the country had delivered him and Republicans an “unprecedented mandate” as he took a victory lap early Wednesday after multiple outlets projected he would win the ...

Politics - The Hill - Yesterday

Fox News leads election night ratings as MSNBC tops CNN for the first time

Ratings for TV election coverage dropped for the second consecutive presidential campaign cycle, drawing 42.3 million TV viewers.

Entertainment - Los Angeles Times - Yesterday

Bronny James feels love from Cleveland while scoring first NBA points in an arena where he grew up

LeBron James let his son, Bronny, have the Cleveland stage to himself

Sports - ABC News - October 30

We're buying this stock for the second time this week, taking advantage post-earnings selling

The roughly 10% decline in shares since earnings is too excessive.

Business - CNBC - October 31

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - 10 hours ago

Where interest rates are heading

The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

World - Financial Times - October 14

ECB lowers rates to 3.25% as inflation slows

Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressures

Business - Financial Times - October 17

Trump’s second chapter begins

Republicans will return to pinnacle of global power with Trump’s ‘America First’ agenda

World - Financial Times - 23 hours ago

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. - October 30

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

What's a good HELOC interest rate now that rates are falling again?

HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

American interest rates need to rise

Lessons for the US from the Brazilian canary in the coal mine

World - Financial Times - October 15

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Will HELOC interest rates fall in November?

HELOC interest rates have been falling this fall, but will they continue to do so in November? Here's what to know.

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Money Market Rates Are Lower, Yes. But Compared to What?

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.

Business - The New York Times - October 18