Five Things from the Fed Rate Hike That Raised Eyebrows
Sort by
Date
Items per page
-
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
China Hits U.S. With Levy on Chemical as Trade Tensions Rise
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.The Wall Street Journal - World - China -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
Chris Mason: how mayors became the fashionable thing in England
Ahead of elections in May, political editor Chris Mason looks at England's mayoral model.BBC News - Top stories -
Procter & Gamble sales disappoint as price hikes slow down
The Tide owner's quarterly volume was flat for the second consecutive quarter.CNBC - Business -
California teacher dies in 140-foot fall at Arizona hiking trail
A California teacher died in a hiking accident on a steep and difficult mountain trail near Sedona, Arizona, this week, authorities said.NBC News - Top stories - California -
The U.S. housing market’s biggest headaches, in five charts
After emerging from the ordeal of 8% mortgage rates, some in the housing market thought the worst was over.MarketWatch - Business -
Mistral in talks to raise €500mn at €5bn valuation
One-year-old French start-up approached by multiple investors who view it as Europe’s answer to OpenAIFinancial Times - Business -
R.F.K. Jr. Raises New Uncertainty for Biden in Michigan
Mr. Kennedy’s success in landing on the battleground state’s ballot guarantees that he will shape the race this November. Both parties are racing to define him.The New York Times - Top stories - Joe Biden -
Premier League and FA Cup semis: 10 things to look out for this weekend
Two big Wembley meetings await in the Cup, while a desperation derby looks to be in store at Goodison Park. There was a distinct end-of-season vibe at the Gtech Community Stadium after Brentford’s win over Sheffield United, with Thomas Frank and ...The Guardian - World - Premier League -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
Five reasons the stock market’s ‘painful’ pullback may be nearing its end
It’s been a painful experience for investors over recent days. But it may soon come to an end says Tom LeeMarketWatch - Business -
California officers charged in killing of man held face-down for five minutes
Three police officers charged with involuntary manslaughter in death of Mario Gonzalez, whom they held down on the ground. Three California police officers have been charged with involuntary manslaughter in the 2021 killing of a man they ...The Guardian - World - California -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - Health - South Korea -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - World - South Korea -
Abolishing IHT tax reliefs could raise £3bn, IFS finds
Eliminating Aim, business and pension scheme tax relief would make the scheme fairer, said the think-tankFinancial Times - World -
Chelsea’s £76.5m hotel deals raise questions over PSR compliance
Club’s losses reduced by property deal with sister companyChelsea would have lost £166.4m without hotel salesPremier League clubs reacted with exasperation after seeing that Chelsea eased their financial position with the £76.5m sale of two ...The Guardian - World -
Arrests of Europeans for Aiding Russia Raise Fears of Kremlin’s Reach
A string of arrests, including two Poles accused of attacking a Navalny aide and a third for ties to a possible plot against Ukraine’s president, have amplified worries of Russian infiltration.The New York Times - Top stories - Russia -
Shopify Just Revealed a New Points-System Approach to Pay Raises
Here's the secret: You're probably doing something similar.Inc. - Business -
Girl, 7, starts lemonade stand to raise money for mother's headstone
The first time Emouree went to the cemetery with her grandmother, she couldn't understand why everyone else got a giant granite headstone, but her mother just received a tiny metal one.CBS News - Top stories -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
5 things to watch as Yankees face Rays in three-game series at Yankee Stadium
Here are five things to watch when the Yankees return home to take on the Tampa Bay Rays in a three-game series in the Bronx.Yahoo Sports - Sports - MLB -
I botched my first RMD by taking one withdrawal for three accounts. Shouldn’t the final amount be the only thing that matters?
The IRS has specific rules for how much to take out and from which accounts once you hit 73, and there’s not much wiggle room.MarketWatch - Business -
Why the NFL Draft is so unpredictable: 2023 first-round pick sums things up with this one story
The Bucs' Calijah Kancey, taken 19th overall, shares his emotional taleCBS Sports - Sports - NFL -
These three things make this bullish Wall Street pro question whether stocks are still worth the risk
Being long U.S. stocks — especially large-cap U.S. stocks — has paid off for investors over the long term. But at least one stalwart bull is starting to question whether they are still worth it at current levels.MarketWatch - Business -
3 Things to Know About the TikTok Bill That Might Make a Ban All the More Likely
The latest Congressional bill to dump the popular app ties a TikTok drop to aid for Israel, Taiwan and Ukraine. The House could vote this weekend.Inc. - Business - Tiktok -
2024 NFL Draft: Five teams most likely to trade down, including Bears, Chargers
The teams most likely to trade down in the 2024 NFL DraftCBS Sports - Sports - NFL -
2024 NFL Mock Draft: Broncos wheel and deal, come away with a QB as five go in first round
Taking a straightforward approach as we inch closer to the draftCBS Sports - Sports - NFL -
‘Five-year-old on acid’: Liz Truss’s Ten Years to Save the West, digested by John Crace
Sketchwriter’s take on memoir of PM who screwed up catastrophically and quickly but thinks there’s still work to do. I was impatient to get going. Plans had been made. I picked up my phone. “ChatGPT. Write me a memoir in the style of an excitable ...The Guardian - World -
Five possible breakout players for NBA playoffs: Peyton Watson, Isaiah Joe set to make a name for themselves
These players may be somewhat unknown right now, but just wait...CBS Sports - Sports - NBA -
Jury selection completed for Trump hush-money trial; man sets himself on fire outside courthouse – as it happened
With all 18 jurors now chosen, the trial is expected to move toward opening statements next week; man apparently set self on fire outside courthouse. Person apparently sets self on fire outside Trump trial in New YorkTrump’s criminal hush-money ...The Guardian - World - Donald Trump -
Victimise people who raise a voice in Britain? Then destroy their families? Not in my name | George Monbiot
Marcus Decker dared to protest on climate and was punished. Now he could be deported. Is that a humane democracy?. When the traditional ruling class was obliged to concede to demands for democracy, it gave away as little as possible. We could ...The Guardian - World