Stocks Hit Record High A Day after Feds Big Interest Rate Cut
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CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.13 minutes ago -
The New York Times - Business
Now That Rates Are Falling, Let’s Turn to Other Matters
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on financial markets.50 minutes ago -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings1 hour ago -
MarketWatch - Business
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July1 hour ago - China -
The Guardian - World
Weather tracker: Shanghai hit by its ‘strongest typhoon in 75 years’
More than 400,000 people evacuated, hundreds of flights cancelled and many roads shut due to flooding and winds. Typhoon Bebinca struck the east coast of China this week, making landfall near ...1 hour ago -
Wired - Tech
Big Tech’s New Adversaries in Europe
For the past five years, Big Tech has faced a flurry of new rules and reprimands from Brussels. Now with a new team taking over the European Commission, relations may be entering a new era.1 hour ago -
CNBC - Business
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.1 hour ago - Japan -
Yahoo News - World
Drier stretch of days ahead
2 hours ago -
BBC News - Top stories
Trans woman killed in Georgia day after anti-LGBT law passed
Activists said Kesaria Abramidze had been a "trailblazing" transgender leader in the South Caucasus country.2 hours ago -
ESPN - Sports
WNBA-record crowd sees Clark, Fever drop finale
Sika Kone scored a career-high 20 points and the Washington Mystics pulled out a 92-91 win over Caitlin Clark and the Indiana Fever on Thursday night before a record crowd of 20,711, the largest in ...2 hours ago - WNBA -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.3 hours ago - China -
Financial Times - World
UK government borrows more than expected in August
Net debt hits 100% of GDP in blow to chancellor Rachel Reeves ahead of Budget3 hours ago - United Kingdom -
BBC News - Top stories
Israel says 100 Hezbollah rocket launchers hit in Lebanon
Extensive Israeli air strikes come after Hezbollah vowed to retaliate over deadly exploding device attacks blamed on Israel.3 hours ago - Israel -
CNBC - Business
Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.4 hours ago -
Financial Times - World
Immigration and job creation
The labour market is softer than it appears4 hours ago -
The New York Times - Top stories
At Emotional Event With Oprah, Kamala Harris Hits Core Campaign Themes
Vice President Kamala Harris spoke off the cuff, as guests included a teenager shot at her school and the family of a woman in Georgia who died as a result of the state’s abortion ban.4 hours ago - Kamala Harris -
Financial Times - World
Bank of Japan holds interest rates and upgrades consumption outlook
Japanese central bank’s hawkish move last month contributed to stock market sell-off and yen ‘carry trade’ collapse4 hours ago - Japan -
Financial Times - Business
BoE policymaker cautions against rushing rate-cutting cycle
5 hours ago -
Financial Times - World
FirstFT: UK consumer confidence falls sharply in September
Also in today’s newsletter, S&P 500 hits record high and Amazon’s crackdown on remote work5 hours ago - United Kingdom -
ABC News - Tech
Titan submersible testimony to enter fourth day after panel hears of malfunction and discord
Another mission specialist who worked with the company that owned the Titan submersible that imploded last year while on its way to the Titanic wreckage is scheduled to testify before a U.S. Coast ...5 hours ago -
Financial Times - World
Three big investment questions I’m asking now — and so should you
As the fourth quarter looms, portfolio risk, US equities and China are all that matters5 hours ago -
Financial Times - Business
Amazon says workers need to be in the office. Most of Silicon Valley disagrees.
Chief executive Andy Jassy brushes off disgruntled staff with tough five-day office mandate5 hours ago -
Yahoo Sports - Sports
Ratings crater for Deion Sanders's Colorado Buffaloes in 2024
Under Hall of Famer Deion Sanders, the Colorado Buffaloes remain a big deal in Boulder.6 hours ago -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage6 hours ago -
Financial Times - Business
Record Indian imports help drive gold rally
Late July tariff cuts boost domestic demand for gold jewellery and bars6 hours ago -
ESPN - Sports
LIVE Transfer Talk: Newcastle try to fend off Arsenal, Liverpool interest in Gordon
Newcastle are ready to make Anthony Gordon their highest-paid player amid interest from Liverpool and Arsenal. Transfer Talk has the latest.10 hours ago -
The New York Times - Lifestyle
Uncrustables Painting by Noah Verrier Sells for $4,999
Noah Verrier’s oil painting of an Uncrustables sandwich sold for $4,999. It looks delicious.2 days ago -
The New York Times - Lifestyle
Phaedra Parks’s Sons Gave Her a Diamond Bracelet for Mother’s Day
Currently in “Dancing With the Stars,” the reality television star wears an extravagant Mother’s Day gift — one she proudly helped pay for.3 days ago