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US economy continues to grow at robust rate days before presidential election
GDP rose by 2.8% in the third quarter, short of economists’ expectations of 3.1%, and driven primarily by consumer spending. The pace of US economic growth slowed over the summer but continued its ...World - The Guardian - 11 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 - 11 hours ago -
Sausages, beans, soups – Nigel Slater’s robust autumn recipes
The season of ‘big cooking’ means taking your time in the kitchen over mushroom bourguignon, braised tomatoes, and other gentle simmers. The changing season brings with it a need for more robust ...World - The Guardian - October 21 -
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.Business - The New York Times - 6 days 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 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. - 8 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 -
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 -
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 -
Here's how interest rates impact gold prices
When interest rates drop, gold prices often rise — but there are also other factors at play.Top stories - CBS News - October 21 -
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Jordan North boosts Capital radio breakfast ratings
The Burnley-born presenter left Radio 1 earlier this year and replaced Roman Kemp at Capital in April.Top stories - BBC News - October 24 -
Why mortgage rates are back up to nearly 7%
The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.Business - MarketWatch - 6 days ago -
EU races to prepare for a Trump win
Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-electedBusiness - Financial Times - 5 days ago -
Birth rate drops to record low in England and Wales
Declining fertility risks adding pressure on the UK’s public finances and hampering economic growth, warn analystsBusiness - Financial Times - 2 days ago -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - 2 days ago -
Fertility rate in England and Wales drops to lowest on record
Just over 591,000 babies were born in the UK last year - the lowest number in four decadesTop stories - BBC News - 2 days ago -
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 - 10 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 - 5 hours ago -
Will mortgage rates fall? Your Budget questions answered
Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.Top stories - BBC News - 5 hours ago -
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeWorld - Financial Times - October 15 -
Here's what a $150,000 HELOC costs monthly now that rates have dropped
A $150,000 HELOC comes with inexpensive monthly payments that could fall in the months ahead. Here's what to know.Top stories - CBS News - October 14 -
Euro falls to 2-month low as investors price in interest rate cuts
Single currency has dropped more than 2% against dollar so far this monthWorld - Financial Times - October 15 -
How a rare type of mortgage is landing homebuyers a 3% rate
U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.Business - CNBC - October 15 -
How back-to-back hurricanes could impact insurance rates across the U.S.
As Florida residents recover from hurricanes Milton and Helene, experts say the damage will likely worsen the home insurance crisis in the state and could lead to higher rates nationwide. CBS News ...Top stories - CBS News - October 15