Slashes Guidance Low
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CNBC - Business
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.3 hours ago - Federal Reserve -
Inc. - Business
Biden Administration Burns Through Climate Funds as Trump Threatens to Slash Unspent Money
The White House said the administration is allocating out the funds "as quickly and as equitably as we can."5 hours ago - Joe Biden -
CNBC - Business
Trump Media stock closes at new postmerger low on eve of 'lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before "lockup" restrictions on selling company stakes expires.5 hours ago - Donald Trump -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...5 hours ago - Federal Reserve -
MarketWatch - Business
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
Mortgage applications rose 14.2% in the last week, the Mortgage Bankers Association said.7 hours ago - Mortgage -
NBC News - Top stories
Weekly mortgage demand surges 14% as interest rates hit two-year low
Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing.10 hours ago - Mortgage -
CBS News - Top stories
Mortgage rates plunge to 2-year low: Should you lock a rate now?
With mortgage rates trending downward, it could make sense to lock in a loan rate now. Here's why.10 hours ago - Mortgage -
Financial Times - Business
EU slashes €200mn of budget payments to Hungary
Brussels launches procedure against Viktor Orbán’s government after it misses deadline to pay fines11 hours ago - European Union -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.15 hours ago - Mortgage -
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BBC News - Top stories
UK aid spend may hit 17-year low, charities warn
Charities fear Chancellor Rachel Reeves will slash £2bn from overseas aid at next month's Budget.19 hours ago - United Kingdom -
CBS News - Top stories
Pennsylvania struggling with low energy prices amid 2024 fracking focus
Vice President Kamala Harris and former President Donald Trump have focused on fracking, the process of injecting fluid into underground rock formations to extract oil and gas, in their respective ...Yesterday -
CBS News - Top stories
Border encounters up slightly in August, but apprehensions remain low
Encounters at the southern border rose slightly in August, but apprehensions are still around their lowest level in four years, according to data from Customs and Border Protection. CBS News ...Yesterday -
CBS Sports - Sports
Kareem Hunt's return messes up Carson Steele's plans to replace Pacheco, but the real buy-low is Travis Kelce
Wait as long as you can to put in your waiver claims for Chiefs RBs, but make trade offers for Travis Kelce and Patrick MahomesYesterday -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
ABC News - Entertainment
Emmy Awards ratings up more than 50%, reversing record lows
The Emmys telecast on ABC reached nearly 7 million viewers, a jump of more than 50% from the record low of the last ceremony in JanuaryYesterday -
CNBC - Business
E.l.f. Beauty CEO says low prices have helped company thrive as cosmetics industry slows
E.l.f. Beauty CEO Tarang Amin told CNBC's Jim Cramer on Monday the budget-conscious nature of the products has helped the company perform well.2 days ago