Swift Rate Cuts
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Don't hold out for rate cuts
Presented by BP — The Fed may not cut until November. {beacon} View Online Business & Economy Business & Economy PRESENTED BY The Big Story High interest rates aren't going anywhere The central bank doesn't expect to cut rates anytime soon as ...The Hill - Politics -
The Fed's Case for Rate Cuts Simply Does Not Exist
Every new data dump proves inflation isn't going anywhere fast.Inc. - Business -
The Fed rate decision meeting is today. Here are the odds of a cut.
Inflation-weary consumers have also been slammed by high borrowing costs. Here's what economists expect the Fed to announce.CBS News - Top stories - Federal Reserve -
Powell Likely to Signal Rate Cut Unlikely Until Inflation Drops
The Fed weighs three straight reports of persistent inflation with calls to lower interest rates at its latest meeting.Inc. - Business -
Fed holds off on rate cuts after 'lack of further progress' on inflation
The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains strong, likely pushing potential rate cuts even later into the year. Interest rates will remain at a range of 5.25 to 5.5 ...The Hill - Politics - Federal Reserve -
Bank of Canada 'Getting Closer' to Rate Cuts, Macklem Says
Central bank officials are confident inflation will continue to decelerate, Gov. Tiff Macklem said, adding that higher rates in Canada are having ‘more traction’ than in the U.S.The Wall Street Journal - World -
Fed’s Powell keeps the door open for a July rate cut
Here are more details of the four main takeaways from Powell’s press conference.MarketWatch - Business - Federal Reserve -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - Business -
OECD Sees Room for Rate Cuts But Warns of Oil-Price Threat
The global economy is likely to avoid an anticipated slowdown this year, but could yet suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher, the OECD said.The Wall Street Journal - World -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - World -
Euro's Scope to Fall Due to ECB Rate Cuts Looks Limited
The European Central Bank could cut interest rates more than the Federal Reserve this year but any depreciation in the euro-dollar exchange rate may be limited, Monex Europe said.The Wall Street Journal - World -
Euro's Scope to Fall Due to ECB Rate Cuts Looks Limited
The European Central Bank could cut interest rates more than the Federal Reserve this year but any depreciation in the euro-dollar exchange rate may be limited, Monex Europe said.The Wall Street Journal - World -
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything from car loans to mortgages.CNN - Top stories - Federal Reserve -
The Fed isn’t cutting rates, but these four banks are already paring rates on high-yield savings accounts
The Federal Reserve’s benchmark interest rate is staying put for now, but a handful of large banks are starting to trim the rates they offer on their high-yield savings accounts.MarketWatch - Business - Federal Reserve -
The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.CNBC - Business -
Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating.NBC News - Top stories - Donald Trump -
Cantor’s Howard Lutnick says Fed will ‘show off’ with one rate cut in September
A third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick saysMarketWatch - Business - Federal Reserve -
Czech central bank cuts a key interest rate again with inflation down and the economy on the mend
The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recoveryABC News - World -
At a Taylor Swift Concert? Time to Propose.
At the Eras tour, love takes center stage as couples orchestrate their own declarations of commitment against the backdrop of the star’s grand performances.The New York Times - Lifestyle -
It's another all-Taylor Swift edition of the Hot 100 chart this week
Swift repeated — and bested — her own 2022 feat by claiming the 14 top slots on the singles' chart.Los Angeles Times - Entertainment -
A guide to everyone Taylor Swift sings about in 'Tortured Poets Department' — and their reactions
Taylor Swift didn't hold back from discussing ex-boyfriends and celebrity feuds in 'The Tortured Poets Department,' her brand new double album.Los Angeles Times - Entertainment -
A Brief Guide to Who’s Who on Taylor Swift’s ‘Tortured Poets’
Ex-boyfriends may be alluded to. Travis Kelce, too, fans believe. And some actual poets.The New York Times - Lifestyle -
Harvard’s Taylor Swift Scholars Have Thoughts on ‘Tortured Poets’
The students taking Harvard University’s class on the singer are studying up. Their final papers are due at the end of the month.The New York Times - Lifestyle -
The incredible homes of Taylor Swift’s ex-boyfriends (or tortured poets?)
From John Mayer’s Beverly Hills mansion to a chic Tribeca building where 2 of her rumored exes reside, we rounded up the real estate of Swift’s former romances.MarketWatch - Business -
Acer Swift Go 14 (2024) Review: Great Power for Under $1,000
This sub-$1,000 laptop dishes out great power with Intel’s Core Ultra 7 chip at the expense of build quality and decent speakers.Wired - Tech -
Colombia to cut diplomatic ties with Israel
Colombian President Gustavo Petro said Wednesday he plans to sever diplomatic ties with Israel over the Middle Eastern country’s conduct in its war against Hamas in Gaza. Speaking at a May Day rally in Bogotá’s central Plaza de Bolívar, Petro ...The Hill - Politics - Israel -
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Taylor Swift and Drake's label UMG strikes new licensing deal with TikTok to end spat
In a statement Thursday, UMG said the new licensing deal would lead to the return of its artists' music to TikTok.CNBC - Business - Tiktok -
Analysis: The Fed's No-Need-to-Cut Camp Is Feeling Emboldened
A third month of disappointing inflation data dashed the prospect of the Federal Reserve setting the stage today for a summer rate cut.The Wall Street Journal - World -
Analysis: Fed's No-Need-to-Cut Camp Is Feeling Emboldened
A third month of disappointing inflation data dashed the prospect of the Federal Reserve setting the stage for a summer rate cut.The Wall Street Journal - World -
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Peloton CEO Dismounts as Company Cuts 400 Jobs
Barry McCarthy ends two-year tenure as the fitness company keeps pedaling to a post-pandemic turnaround.Inc. - Business -
Will mortgage interest rates fall in May?
If you're waiting for mortgage rates to drop, you could be in for a longer wait than anticipated. Here's why.CBS News - Top stories - Mortgage -
Jags cut WR Jones after picking Thomas in draft
The Jaguars have released wide receiver Zay Jones, the team announced Tuesday.ESPN - Sports - NFL -
Amazon cost cuts drive operating margin into double digits for first time
Amazon's operating margin jumped past 10%, topping a prior high of 8.2% in 2021.CNBC - Business -
New Jersey barber specializes in cuts for those with developmental disabilites
A barber in Nutley, New Jersey, specializes in giving haircuts to adults with autism, sensory issues and other developmental disabilities. His services are so sought after, some of his clientele even fly in from out of state.CBS News - Top stories -
How much will the 2p National Insurance cut save me?
A further 2p cut in National Insurance for 27 million workers has come into effect.BBC News - Top stories -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Narcan-Maker Emergent BioSolutions to Cut 300 Jobs, Close Facilities
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.The Wall Street Journal - World -