Xbox Cuts - QuikReader

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - 6 days ago

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - 6 days ago

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 6 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 6 days ago

U.K. government cuts NatWest stake by £1 billion

The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.

Business - MarketWatch - 3 days ago

Seahawks shake-up: Leading tackler Dodson cut

The Seahawks waived starting inside linebacker Tyrel Dodson, who leads the team with 71 tackles, on Monday.

Sports - ESPN - 2 days ago

Astonish cut-price soaps clean up in supermarkets

A family manufacturer in Bradford has been propelled by the growth of discount retailers

Business - Financial Times - 2 days ago

Southwest Offers Buyouts and Blames Boeing for Job Cuts

The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.

Business - Inc. - Yesterday

Immigration cuts: Why prime ministers keep failing to meet their targets

Promises on net migration have been made for 15 years - but few kept them

Advanced Micro Devices to Cut Global Headcount by 4%

The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.

Tech - The Wall Street Journal - 22 hours ago

Pharmacies vote to cut opening hours in funding protest

Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.

Job cuts 'inevitable' over £30m university deficit

Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.

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.”

Business - The New York Times - October 15

Wednesday Briefing: U.S. Warns it May Cut Israel’s Military Aid

Plus, an investigation into China’s panda breeding program.

World - The New York Times - October 15

Brazil Ministers Renew Push to Sell Lula on Spending Cuts

World - Yahoo News - October 15

He was a Week 1 fantasy hero. Now it's time to cut him

Scott Pianowski examines six players you might be better off without on your fantasy football roster.

Sports - Yahoo Sports - October 15

Hong Kong cuts liquor tax in an effort to reignite its nightlife industry

Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene

World - ABC News - October 16

Hong Kong to Ease Mortgage Rules, Cuts Liquor Tax in Growth Push

World - Yahoo News - October 16

Surprise fall in inflation to 1.7% paves way for interest rate cuts

September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.

Airbus to cut up to 2,500 jobs at defence and space unit

Planned reductions are a response to cost increases and stiffening competition

Business - Financial Times - October 16

Airbus to cut up to 2,500 jobs in defence and aerospace division

World - Yahoo News - October 16

GB win twice to cut NZ lead in America's Cup

Great Britain win both races on Wednesday to halve New Zealand's lead in the America's Cup in Barcelona.

Starmer and Reeves face down cabinet revolt over spending cuts

Ministers complain about Treasury approach as prime minister and chancellor finalise October 30 Budget

Business - Financial Times - October 16

US economic growth is strong — so why cut rates?

Only borrowers such as struggling commercial property and debt-laden zombie companies will benefit

World - Financial Times - October 17

How a broke Argentine province is countering Milei's deep austerity cuts

After entering office last year, far-right President Milei swiftly imposed his fiscal shock therapy, slashing federal budget transfers to provinces

World - ABC News - October 17

Blackstone plans to list some of its largest investments

Sluggish asset sales hit third-quarter profits at world’s biggest private capital group

Business - Financial Times - October 17

Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce

More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.

Business - MarketWatch - October 17

ECB Cuts Interest Rates Again as Eurozone Inflation Slows

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.

Business - The New York Times - October 17

European Central Bank, seeing no signs of recession, cuts interest rates again

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...