Latest in Stalls Interest Rates
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Economists see UK cutting interest rates more substantially as inflation pressures ease
Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.Business - CNBC - October 22 -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since JulyBusiness - CNBC - October 23 -
How to rethink cash as the Fed cuts interest rates, according to top financial advisors
The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.Business - CNBC - October 23 -
Three ways to play the bond market as the Fed lowers interest rates, this analyst says
Falling interest rates will steepen the yield curve and make these credit ETFs attractiveBusiness - MarketWatch - 5 days ago -
Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflationWorld - ABC News - 5 days ago -
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spendingWorld - ABC News - 5 days ago -
Larry Fink says the Fed won't cut interest rates as much as markets expect this year
"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.Business - CNBC - Yesterday -
Saudi Arabia’s Push Into Tennis Stalls
Months of discussions between Saudi sports leaders and tennis executives have led to almost no progress on a potential tournament in the country.Sports - The New York Times - October 16 -
China to boost lending for stalled property projects to $560bn
Beijing is trying to restore confidence in economy amid prolonged real estate slowdownBusiness - Financial Times - October 17 -
Brambles Reaffirms Guidance Despite Stalling U.S. Volumes
The pallet maker said it affirmed guidance despite lower September-quarter demand from existing U.S. customers.Business - The Wall Street Journal - 6 days ago -
A Top Chess Player Is Disqualified After a Phone Is Found in a Bathroom Stall
Kirill Shevchenko, a grandmaster who represents Romania, has been accused of getting assistance from a computer in the middle of games.World - The New York Times - October 17 -
Apple Headset Stalls, Struggles to Attract Killer Apps in First Year
Many of the most successful virtual-reality software developers haven’t built apps for the Vision Pro headset, leading some users to opt out.Tech - The Wall Street Journal - October 18 -
Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
With iPhone sales down and Apple Intelligence banned, Apple looks ready to compromise.Tech - Wired - 4 days ago -
Alphabet’s stock has stalled. Can earnings serve as a catalyst?
Alphabet will report results on Tuesday afternoon.Business - MarketWatch - 2 days ago -
LOOK: Ravens' Tyler Linderbaum has one of the worst snaps you'll ever see to stall drive vs. Commanders
What was Linderbaum doing?Sports - CBS Sports - October 13 -
Blinken urges Israel to seek enduring deal, as officials say a limited cease-fire has been discussed
Secretary of State Antony Blinken says Israel needs to pursue an “enduring strategic success” in Gaza after its tactical victories against HamasWorld - ABC News - October 23 -
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 -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Federal Reserve 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. - 2 hours ago -
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 -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Knicks showing interest in signing sharpshooter Matt Ryan
With the Knicks still needing to add a couple of players to their roster over the first few weeks of the season, SNY's Ian Begley has confirmed that veteran sharpshooter Matt Ryan is on their radar.Sports - Yahoo Sports - October 22 -
Knicks, Matt Ryan have mutual interest -- but it's complicated
Sharpshooter Matt Ryan and the Knicks certainly have mutual interest in working out a deal, but it’s a little complicated.Sports - Yahoo Sports - 6 days ago -
How much interest will a $50,000 CD earn now?
A $50,000 CD opened now could result in thousands of dollars worth of earned interest. Here's what to know.Top stories - CBS News - 6 days ago -
Report: Warriors' Kuminga drawing Nets offseason interest
The Brooklyn Nets reportedly could have interest in signing Golden State Warriors forward Jonathan Kuminga to an offer sheet in the offseason.Sports - Yahoo Sports - 4 days ago -
Sources: WRs Johnson, Kirk draw trade interest
Two receivers who have generated the most conversation ahead of the NFL trade deadline are Carolina's Diontae Johnson and Jacksonville's Christian Kirk, sources told ESPN.Sports - ESPN - 3 days ago