The Us Interest Rate Decision the World Is Watching
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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Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Top stories -
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 -
Where to Hang Out in the Swiss Watch World
After hours, employees of some of the best-known brands in the Vallée de Joux gather at local bars and restaurants, where everyone feels like family.The New York Times - Lifestyle -
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 -
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 -
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 -
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 -
How to watch the US Open Pickleball Championships for free: Livestream options, dates and times to watch today
Find out how and when to watch the US Open Pickleball Championships, including who's competing.CBS News - Top stories - US Open -
Fragrance and a Watch Strap
Move your wrist, and scent suddenly surrounds you. Vacheron Constantin and a Paris couturier have created a strap embedded with microcapsules of perfume.The New York Times - Lifestyle -
FA Cup replays fall victim to scramble for cash and chaotic decision-making | Paul MacInnes
FA’s latest move reflects a further weakening of the game’s heritage and will only boost the argument for independent regulation. If you had been following the back pages over the past few months the changes to the format of the FA Cup would not ...The Guardian - World -
Alex Caruso injury: Bulls guard (ankle) says he expects to play vs. Heat on Friday
Caruso, one of the NBA's best perimeter defenders, is officially listed as questionableCBS Sports - Sports -
Getting Ready for Watches and Wonders Geneva
What do you pack? How many watches do you bring? Everyone from first-time invitees to veterans agree that this trade show requires planning.The New York Times - Lifestyle -
‘I was mentally and emotionally drained’: During my divorce, I made a hasty decision to take early retirement. Can I undo this?
“I was married to my ex-husband for 13 years. He left me for another woman. I was forced to sell our home.”MarketWatch - Business -
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 -
World’s biggest election kicks off as India votes
Millions of Indians cast ballots in the first round of a general election that ends in June.BBC News - Top stories - India -
Juliette Pavy: Sony World Photographer of the Year 2024
The prestigious photographer of the year title has been awarded to Juliette Pavy for her series Spiralkampagnen: Forced Contraception and Unintended Sterilisation of Greenlandic Women. Pavy was selected from the 10 winners in the professional ...The Guardian - World -
Sudan is in need — why is the world silent yet again?
Why are Sudanese lives seemingly unworthy of attention?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 -
The comprehensive plastic policies the world needs for a clean future
Fortunately, there’s a clear path to solving plastic pollution in the U.S. and around the world, although it won’t be easy.The Hill - Politics -
World reacts to Israel's reprisal attack on Iran
Countries around the world are working to ensure tensions between Israel and Iran do not escalate further after the two nations exchanged targeted attacks. Sam Vinograd, a CBS News homeland security contributor and former counterterrorism ...CBS News - Top stories - Iran -
WATCH: Tourists flock to see Death Valley in bloom
Gorgeous fields of wildflowers are taking over California with bright yellow daisies even popping up in Death Valley, the driest and hottest place in America.ABC News - Top stories -
Biden speaks at union conference: Watch live
President Biden is addressing members of the International Brotherhood of Electrical Workers (IBEW) at a conference in Washington, D.C., Friday. Biden has made highly visible support for unions central to his economic policies and his reelection ...The Hill - Politics - Joe Biden -
White House news briefing: Watch live
NOTE: The briefing has been delayed, and is now scheduled to start at 2 p.m. EDT. White House press secretary Karine Jean-Pierre will brief reporters Friday afternoon, hours after a suspected Israeli drone attack on Iran. Additionally, the Biden ...The Hill - Politics -
Only Watch, a Charity Auction, Is Rescheduled for May
A social media controversy over the financial transparency of the Monaco association that organizes the event had prompted its cancellation last fall.The New York Times - Lifestyle -
WATCH: Tiger amused by beanbag at California zoo
A playful tiger named Lola found herself amused by a beanbag, tossing it around and gnawing at it at Oakland Zoo.ABC News - Top stories - California -
WATCH: Watch the moment this dog patiently introduces himself to his new puppy brother
The most gentle doggy introduction you’ll ever see.ABC News - Top stories -
Missouri Backs Big Expansion of Low-Interest Loans as Demand for State Aid Grows
State lawmakers approve increasing the money available for bargain-basement priced lending as inflation endures.Inc. - Business -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
Liverpool ratings: Salah gets 6/10 in elimination to Atalanta
Mohamed Salah was able to get his goal but Liverpool wasn't able to do enough as they were eliminated from the Europa League at the hands of Atalanta.ESPN - Sports -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
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 -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
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 -
Iran Activates Air Defenses as World Braces for Israel's Retaliation
Iran activated air-defense systems and canceled flights, state media reported, amid reports of explosions.The Wall Street Journal - World - Iran