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GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.Business - The New York Times - 9 hours ago -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - 3 hours ago -
European Central Bank set for third interest rate cut of the year in meeting this week
Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.Business - CNBC - October 14 -
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 curveWorld - 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 pressuresBusiness - Financial Times - October 17 -
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. - 6 hours ago -
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineWorld - 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 furtherWorld - 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.Top stories - CBS News - Yesterday -
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.Top stories - CBS News - Yesterday -
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.Business - CNBC - October 15 -
China’s economy grows 4.6% in third quarter
Lowest figure in year and a half comes as Beijing steps up stimulus effortsBusiness - Financial Times - October 18 -
Alabama-Tennessee: Third Saturday in October is now the First Saturday of the College Football Playoff
The winner of the Tennessee-Alabama game traditionally lights up cigars, but this year it's just one step closer to the playoff.Sports - Yahoo Sports - October 18 -
Verstappen & Norris third & fourth in US GP practice
Title rivals Max Verstappen and Lando Norris end the only practice session at the United States Grand Prix in third and fourth places.Top stories - BBC News - October 18 -
Verstappen & Norris third & fourth in US GP practice
Title rivals Max Verstappen and Lando Norris end the only practice session at the United States Grand Prix in third and fourth places.Sports - Yahoo Sports - October 18 -
Costco Has a Magazine and It’s Thriving
Each month, 15.4 million copies of Costco Connection are mailed out to members. Another 300,000 are distributed via Costco warehouses. It is now the nation’s third largest magazine.Lifestyle - The New York Times - October 20 -
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.Top stories - BBC News - October 22 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - 6 days ago -
Hermes outperforms rivals as sales climb in the third quarter
Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.Business - MarketWatch - 6 days ago -
Topuria keeps title, first to knock out Holloway
Featherweight champion Ilia Topuria scored a third-round knockout -- the first Max Holloway has suffered in his career -- in the main event of UFC 308 on Saturday.Sports - ESPN - 3 days ago -
Sainz on Mexico City pole, but Norris 'happy' with third
Ferrari’s Carlos Sainz beats title rivals Max Verstappen and Lando Norris to pole position at the Mexico City Grand Prix.Top stories - BBC News - 3 days ago -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - Yesterday -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - Yesterday -
Eurozone economy grows 0.4% in third quarter
Figure beats expectations of 0.2% expansionBusiness - Financial Times - 13 hours ago -
US economy grew at robust pace in third quarter
U.S. GDP grew at a 2.8% annualized rate over three months ending in September.Top stories - ABC News - 9 hours ago -
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.Top stories - BBC News - October 15 -
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