Federal Reserve Hikes Interest Rate 025 Point Despite Banking Turmoil
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 -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - 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 -
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 -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
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 -
GOP lawmaker blames 'Gaetz and 7 useful idiots' for House turmoil
Rep. Mike Lawler (R-N.Y.) blamed Rep. Matt Gaetz (R-Fla.) and “seven useful idiots” for turmoil in the House, saying Thursday their success in ousting former Speaker Kevin McCarthy (R-Calif.) last fall is a direct cause of today's problems for ...The Hill - Politics -
Federations critical of World Athletics prize money
World Athletics' decision to award prize money at the Paris Olympics "undermines the values of Olympism", a group of sport federations say.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 -
Michigan Democratic Party reserves over $10M in ads ahead of state House elections
Michigan's Democratic Party is reserving $10.5 million in ad reservations in a bid to support candidates running in the state House elections in November. The party will spend $2.5 million in Grand Rapids, Lansing, and Detroit, respectively. One ...The Hill - Politics -
Despite the Watch World’s Secrecy, Data Services Expand
Swiss brands and retailers now have a few options to determine what’s happening with the industry. Just a couple of years ago, they had almost none.The New York Times - Lifestyle -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Sheetz Convenience Store Chain Faces Federal Suit for Racial Discrimination in Hiring
The EEOC asserts the company turned away Black, Native American, and Multiracial applicants with failed criminal background checks at nearly twice the rate of white applicants across is 700 stores in six states.Inc. - Business -
Federal officials investigating cockpit visit by Rockies coach during United flight
Federal officials are investigating an unauthorized inflight cockpit visit by a coach for the Colorado Rockies baseball team during a United Airlines charter flightABC News - Sports -
Scientists Fault Federal Response to Bird Flu Outbreaks on Dairy Farms
Testing for H5N1 infection has been limited, and the outbreak was thought to be confined. But asymptomatic cows in North Carolina may have changed all that.The New York Times - Business -
Nottingham Forest's points appeal hearing set for Wednesday
Nottingham Forest's appeal against their Premier League points deduction will be heard on Wednesday.BBC News - Top stories -
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 -
Kings prepare for Pelicans with clean slate despite winless record
The Kings lost all five games against the New Orleans Pelicans this season, but they're keeping the past in the past for Friday's NBA Play-In Tournament game.Yahoo Sports - Sports -
Eiyuden Chronicle: Hundred Heroes Sequel In The Works Despite Creator's Death
Rabbit & Bear Studios has revealed it will work on a sequel to Eiyuden Chronicle: Hundred Heroes despite the death of its creator, Yoshitaka Murayama, back in February.. In a Reddit AMA thread, the developer confirmed that it is moving forward ...GameSpot - Tech -
House Democrats help Johnson avoid foreign aid bills defeat, despite GOP defections
The House on Friday cleared a key procedural hurdle in passing foreign aid to Israel, Ukraine and Taiwan, despite Republican defections.ABC News - Top stories -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - World - Israel -
‘I hope she will do it’: Iga Swiatek backs Emma Raducanu to win more titles
World No 1 beats Raducanu 7-6 (2), 6-3 at Stuttgart OpenSwiatek will face Elena Rybakina in semi-finalEmma Raducanu’s progress in the Stuttgart Open was halted in straight sets by the world No 1, Iga Swiatek.. The Polish four-time grand slam ...The Guardian - World -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
Vitesse Arnhem relegated from Eredivisie after 18-point deduction
Dutch club relegated in wake of Guardian and TBIJ investigationDocuments appeared to show financial ties to AbramovichThe Dutch football association has deducted 18 points from Vitesse Arnhem, officially confirming the club’s relegation, in the ...The Guardian - World -
Shopify Just Revealed a New Points-System Approach to Pay Raises
Here's the secret: You're probably doing something similar.Inc. - Business -
Senate Boeing hearings open with fingers pointing back at FAA
Politico - Politics -
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 -
The Wolf Among Us 2 Is Still In Production This Year Despite Layoffs, New Images Revealed
New images from The Wolf Among Us 2 have been released, confirming that Telltale Games is still working on the game, despite it being announced back in 2019.. On the Telltale community forums, the developer showed off four new screenshots from The ...GameSpot - Tech -
As Paramount’s stock soars, bonds see net selling despite juicy yields and discounted prices
Paramount’s bonds that mature in 2032 and 2036 are currently yielding more than 7%.MarketWatch - Business -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World