Latest in Rate U.s Manufacturers
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Robinson named U.S. men's player of the year
United States men's national team and Fulham defender Antonee Robinson has been voted the 2024 U.S. Soccer Male Player of the Year.ESPN - Jan. 6 -
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Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
Ryan Seacrest spins ratings gold as new host of 'Wheel of Fortune'
Replacing a game show host isn't easy. But ratings are up for 'Wheel of Fortune' after Pat Sajak's departure.Los Angeles Times - Jan. 6 -
There's a Traffic Jam Forming at U.S. Rocket Launchpads
The nation’s busiest spaceports are fielding record demand, spurring new efforts to develop launch sites in landlocked states and even at sea.The Wall Street Journal - Jan. 5 -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - Jan. 5 -
Schiff's swearing-in sets record in U.S. Senate
Sen. Adam Schiff's (D-Calif.) swearing-in for a full six-year term in the upper chamber this week set a U.S. record, as the 119th Congress convened for the first time Friday. The Democrat from ...The Hill - Jan. 4 -
Eye Opener: Winter storm to hit much of U.S.
Millions of Americans are in the path of the first major winter storm of the year, which is expected to dump snow and ice and create dangerous conditions from the Central Plains to the East Coast. ...CBS News - Jan. 4 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4 -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Jan. 4 -
Stocks will struggle under Trump if this rate keeps going higher
U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.MarketWatch - Jan. 4 -
How much will a $10,000 CD earn at today's lower rates?
CD returns on a $10,000 deposit have dropped, but they're not insignificant. Here's how much savers can still earn.CBS News - Jan. 3 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - Jan. 3 -
U.S. Surgeon General Calls for Cancer Warnings on Alcohol
Dr. Vivek Murthy’s report cites studies linking alcoholic beverages to at least seven malignancies, including breast cancer. But to add warning labels, Congress would have to act.The New York Times - Jan. 3 -
Hospital flu cases rising at 'very concerning' rate, NHS England warns
The number of people with flu in hospital has quadrupled in the last month, the latest data shows.BBC News - Jan. 3 -
U.S. braces for frigid temperatures, snow
Pittsburgh is already seeing snow and freezing temperatures as most of the U.S. prepares for a blast of cold air that promises extreme weather conditions for many Americans. CBS News Philadelphia's ...CBS News - Jan. 3 -
Fantasy Football Week 18 Non-PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls
Matchup ratings for every player in your Week 18 gamesCBS Sports - Jan. 3 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
Manufacturers end 2024 in a slump, but rising orders raise hopes for recovery
American manufacturers ended 2024 just as they began it — in a mild slump that still shows little sign of ending ahead of President-elect Donald Trump’s return to the White House.MarketWatch - Jan. 3 -
Breast cancer rates rising fastest in younger women, study finds
New research reveals breast cancer rates are increasing faster among younger women than any other group. Elaine Quijano reports on the findings.CBS News - Jan. 3 -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - Jan. 3 -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - Jan. 3 -
WWE begins its Netflix era after years of controversy, drama and ratings
On Monday, WWE "Raw" will stream exclusively on Netflix. The wrestling franchise is hoping for a huge global and multigenerational audience following years of success on TV and drama inside and ...Los Angeles Times - Jan. 3 -
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.CBS News - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Jimmy Carter's body will lie in state at U.S. Capitol
Memorial services honoring former President Jimmy Carter begin this weekend. His body will lie in state at the U.S. Capitol starting Tuesday following a public viewing in Atlanta, Georgia. CBS ...CBS News - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
The attack was the deadliest in the U.S. in more than a year.
Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.The New York Times - Jan. 1 -
U.S. beats Canada, wins group at world juniors
The U.S. scored a 4-1 victory over Canada to take the top spot in Group A at the world junior hockey championship on Tuesday.ESPN - Jan. 1 -
Iran’s brain drain is happening at an alarming rate
The country’s loss of human capital underscores systemic problemsFinancial Times - Jan. 1