Latest in Street Slumps Rates
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Business - CNBC
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.October 15 -
Business - CNBC
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.October 15 -
Politics - The Hill
Trump: Wall Street Journal has been 'wrong about everything'
Former President Trump blasted the Wall Street Journal and other prognosticators in the financial sector who have predicted his economic plans will have a negative impact on the country's financial ...October 15 - Donald Trump -
Business - MarketWatch
U.S. unemployment rate to stay low in 2025, top forecaster says
U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.October 15 -
Business - The New York Times
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”October 15 - Federal Reserve -
Business - MarketWatch
Wall Street’s most frustrating ‘pain trade’ looks set to continue
For Wall Street’s professional money managers, the biggest “pain trade” right now is the ongoing rally in stocks following a massively successful two-year bull run.October 15 -
Top stories - CBS News
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 ...October 15 -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...October 15 -
Business - CNBC
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.October 15 -
World - Financial Times
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineOctober 15 -
Top stories - BBC News
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.October 15 -
World - Financial Times
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 monthOctober 15 -
Top stories - The New York Times
Optimism on Wall Street, and Harris Agrees to a Fox News Interview
Plus, an investigation into China’s panda factories.October 15 -
Business - Financial Times
Jane Street interns make more than Keir Starmer and Jay Powell
More Money Than God 2.0October 15 -
Sports - CBS Sports
Yankees' Giancarlo Stanton continues to step up in playoffs with Aaron Judge still stuck in October slump
Stanton, one of the best October sluggers of all-time, went deep again in ALCS Game 1October 15 - MLB -
World - Financial Times
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 welcomeOctober 15 -
Top stories - CBS News
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.October 14 -
Business - MarketWatch
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...October 14 - China -
Sports - CBS Sports
What's behind Aaron Judge's playoff struggles? Three possible causes for Yankee slugger's October slump
The Yankees have succeeded largely without the help of their biggest power threat so farOctober 14 -
World - Financial Times
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 curveOctober 14