Latest in Rates Drop
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Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - November 7 -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - November 7 -
Federal Reserve lowers rates by a quarter point
The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.Top stories - NBC News - November 7 -
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 - November 7 -
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.Business - The New York Times - November 7 -
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.Business - The New York Times - November 12 -
What to know about the inflation report.
A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.Top stories - The New York Times - November 13 -
New York to implement congestion pricing at lower rate
New York Gov. Kathy Hochul (D) will revive plans for the nation’s first traffic congestion pricing plan in New York City at a reduced rate after delaying the controversial plan earlier this year. ...Politics - The Hill - November 14 -
Powell says Fed in no ‘hurry’ to lower interest rates further
Central bank chair warns path to a reduction in inflation will be ‘bumpy’Business - Financial Times - November 14 -
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about ...Business - MarketWatch - November 16 -
Fitch Downgrades Spirit Airlines’ Credit Rating
Spirit Airlines is working on alternatives to improve its liquidity.Business - Inc. - November 16 -
Trump's approval rating at 54 percent as president-elect
A slight majority of registered voters approve of the job President-elect Trump is doing leading up to his second White House administration, according to a new poll. A Harvard CAPS/Harris poll ...Politics - The Hill - 4 days ago -
Lung cancer survival rate improves: Research
The survival rate among those with lung cancer has improved by more than a quarter in the last five years, according to a new report. The findings from the American Lung Association's latest "State ...Politics - The Hill - 4 days ago -
The valuation warning for Costco and other higher-rated stocks
When companies approach extreme price levels, gravity loomsWorld - Financial Times - 4 days ago -
Mortgage rates are near 7%, but buyers are making a comeback
Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - 3 days ago -
Volunteering rate sees record growth: Survey
The volunteering rate among Americans rose 22 percent from 2021 to 2023, representing a record expansion of formal volunteering over a two-year period, according to a new study. The study from ...Politics - The Hill - 3 days ago -
Average mortgage rate increases heading into winter holidays
The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.Top stories - CBS News - 2 days ago -
What will mortgage interest rates be in 2025? Experts weigh in
Mortgage rates should fall next year, experts say, but you may not want to wait. Here's why.Top stories - CBS News - Yesterday -
UK ministers accused of £2.7bn ‘backdoor hike’ in business rates
Chancellor will taper relief for thousands of shops, pubs and restaurants over next two yearsBusiness - Financial Times - Yesterday -
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - November 1 -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
What will happen to home equity loan rates after this week's Fed rate cut?
Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.Top stories - CBS News - November 5 -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - November 7 -
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - November 13 -
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates stand near a record high.Top stories - ABC News - November 14 -
Japan's October headline inflation rate falls, but economists still see BOJ rate hike on the table
Core inflation came in at 2.3%, down from September's 2.4% but higher than the 2.2% that was expected.Business - CNBC - 2 days ago -
Court of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redressBusiness - Financial Times - October 25 -
Carlyle drops bid for Thyssenkrupp defence unit over Berlin indecision
US firm faced government reluctance over private equity involvement in German naval vessel makerBusiness - Financial Times - October 25 -
Judge blocks Virginia from dropping alleged noncitizens from voter rolls
A federal judge on Friday granted a Department of Justice request to block Virginia from systematically removing alleged noncitizens from the voter rolls this close to an election.Top stories - NBC News - October 25 -
Call Of Duty: Black Ops 6 Twitch Drops And How To Get Them
Call of Duty: Black Ops 6 has arrived, and you can earn some in-game loot via Twitch Drops by watching eligible Twitch streams. The Twitch campaign runs until November 13, with four items up for ...Tech - GameSpot - October 25 -
3 observations after Sixers drop to 0-2 with defeat in Toronto
Tyrese Maxey had another poor shooting night Friday and the Sixers dropped to 0-2 with a 115-107 loss to the Raptors.Sports - Yahoo Sports - October 26
