Latest in Rates Cut Competition
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Some mortgage rates cut below 4% as competition picks up
It's the first time mortgage deals with rates below 4% have been available since November.BBC News - 55m -
Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.CNBC - 16h -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 1d -
New UK property listings bounce back as mortgage rates fall
Bank of England interest rate cuts boost residential market activity, say estate agentsFinancial Times - 12h -
UK competition regulator must be ‘less risk averse’, minister will urge
Business secretary Jonathan Reynolds will set out ‘strategic steer’ for CMA on ThursdayFinancial Times - 12h -
2025 Daytona 500: Shaquille O'Neal designs Jimmie Johnson's car after winning free throw competition
Shaq has designed Jimmie Johnson's Daytona 500 car, which is inspired by his old Orlando Magic uniformCBS Sports - 16h -
Should you lock a home equity loan rate with inflation increasing again?
Inflation just rose for the fourth consecutive month. Here's why homeowners should lock in a home equity loan rate now.CBS News - 16h -
How CD interest rates could be impacted by the inflation rise
High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.CBS News - 17h -
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisionsABC News - 17h -
Tesla’s robotaxi, energy and storage prospects drive latest ‘buy’ rating
Benchmark initiates coverage of Tesla with a buy rating and $475 price target.MarketWatch - 17h -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - 19h -
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.NBC News - 19h -
Immigration crackdown could lead to a lower U.S. unemployment rate. Here’s why.
The labor market has been reshaped by a surge in the foreign-born population. Now that process is reversing.MarketWatch - 19h -
Inflation rate picked up in January, CPI report shows. What it means.
The Federal Reserve's progress on taming inflation has stalled out. That could mean fewer rate cuts in 2025.CBS News - 21h -
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 youFinancial Times - 22h -
Ex-Google chief warns west to focus on open-source AI in competition with China
Eric Schmidt’s caution comes following Chinese start-up DeepSeek’s breakthroughFinancial Times - 1d -
Treasury yields end at highest in at least a week on Fed’s patient rate stance
U.S. government debt sold off on Tuesday, leaving long-dated yields higher for a fourth straight session, after Federal Reserve Chairman Jerome Powell expressed patience regarding future ...MarketWatch - 1d -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - 1d -
How low can European rates go?
Central banks have been defining neutral interest rates as Bessent makes a brave betFinancial Times - 1d -
Measles, polio outbreaks could reemerge as vaccination rates fall
The vaccination rate for Florida kindergartners has fallen to 88.1%, the lowest in decades.CBS News - 2d -
Falling vaccination rates among children have doctors worried
Vaccination rates are declining, jeopardizing the country's herd immunity from widespread outbreaks. Manny Bojorquez takes an in-depth look at the impact.CBS News - 2d -
UK inflation threat receding, says BoE rate-setter who voted for big cut
MPC’s Catherine Mann says ‘demand conditions’ in economy are ‘quite a bit weaker’Financial Times - 2d -
New poll on Trump approval rating as steel, aluminum tariffs set
A recent CBS News poll shows a favorable view among a majority of Americans on President Trump's actions during his second term. This comes as news emerges of tariffs on steel and aluminum. CBS ...CBS News - 2d -
Trump’s budget cuts are unconstitutional
These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.The Hill - 2d -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 2d -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 2d -
Resident Evil 5 Rated For New Console, Fueling Remaster Speculation
Resident Evil 5 has received a new rating for Xbox Series X|S from the Entertainment Software Ratings Board (ESRB), prompting speculation that an enhanced version might be released soon. The ESRB ...GameSpot - 2d -
How EV makers in China are ramping up competition: No down payment and 5-year interest-free loans
Electric car companies in China welcomed the Year of the Snake with several incentives, after major automakers reported a drop in deliveries at the start of the year.CNBC - 3d -
Trump starts term with positive approval rating in CBS poll
President Trump has started his second term with a positive approval rating in a new CBS/YouGov poll. In the CBS/YouGov poll, 53 percent of respondents said that when it comes to “the way Donald ...The Hill - 3d -
Plymouth Argyle shock Liverpool in FA Cup in one of the competition's biggest upsets of all time
Ryan Hardie scored the game's lone goalCBS Sports - 3d -
Driver cut free after crash with highways vehicle
Firefighters say the highways vehicle was stationary within a closed work zone when it was hit.BBC News - 3d -
Watch: Jude Bellingham’s x-rated rant at official in Madrid derby
Jude Bellingham faces potential punishment from La Liga after he appeared to swear at an official during Real Madrid’s 1-1 draw with Atlético Madrid.Yahoo Sports - 4d -
7 competitive primaries to watch in 2026
Primary battles are already underway in key Senate and gubernatorial races ahead of the 2026 midterms, an election that will determine not only control of Congress but also the governorships in ...The Hill - 4d -
NIH cuts overhead funding for research
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 5d -
OpenAI responds to DeepSeek competition with detailed reasoning traces for o3-mini
By showing a more detailed version of the chain of thought of o3-mini, OpenAI is closing the gap with DeepSeek-R1.VentureBeat - 5d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 5d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 5d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 6d
