Bank of Korea Cuts Rates As Concerns Grow over Slowing Economy and Trump
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Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.Business - CNBC - November 15 -
South Korea's president denies wrongdoing in a growing scandal
South Korea's president has denied wrongdoing over a burgeoning influence-peddling scandal involving him and his wifeWorld - ABC News - November 7 -
Trump campaign faces growing outrage over racist rhetoric at MSG
As the Trump campaign faces growing backlash over racist rhetoric made by guest speakers at his rally in New York City, Vice President Kamala Harris is pouncing on the opportunity, putting out new ...Politics - NBC News - October 29 -
‘Frightening to consider’: fears grow over Trump’s threats to political foes
Critics alarmed by talk of revenge against Democrats and say second Trump term would pose unprecedented danger. US elections 2024 – live updates Donald Trump’s extremist attacks on top ...World - The Guardian - October 30 -
Alarm grows over Trump and Musk’s blizzard of baseless voter-fraud claims
Falsehoods swirling on X and other platforms undermine trust and create potential for violence, critics warn. US election 2024 live: latest updates US election results 2024 – live tracker ...World - The Guardian - November 5 -
Misinformation concerns grow as Election Day nears
A flood of false information around the election is already ramping up on the internet, making it hard for voters to know what’s actually real. Already in Pennsylvania, a viral video claiming to ...Politics - NBC News - October 31 -
Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decadeWorld - ABC News - November 7 -
Economy gets boost after election on hopes of lower interest rates and pro-business Trump presidency, survey finds
The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about falling interest rates and the prospect of a pro-business Trump ...Business - MarketWatch - 5 days ago -
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 - November 7 -
Eurozone economy grows 0.4% in third quarter
Figure beats expectations of 0.2% expansionBusiness - Financial Times - October 30 -
Brazil’s growing gambling habit threatens to hit economy
Explosion of online sports betting in South American nation sparks warnings about its damaging impactWorld - Financial Times - November 10 -
UK economy barely grows with Budget fears blamed
The chancellor says she is "not satisfied" by the latest growth figures, which were weaker than expected.Top stories - BBC News - November 15 -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - November 7 -
How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor
Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.Business - MarketWatch - November 8 -
'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory
The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald Trump's proposed global tariffs take hold, former Fed policymaker Loretta ...Business - CNBC - November 12 -
House, Senate GOP battle over length of Trump tax cut extension
House Republicans are pushing back on Senate GOP negotiators over how long to extend President-elect Trump’s tax cuts, which are due to expire at the end of 2025. Sources familiar with the early ...Politics - The Hill - Yesterday -
Concerns over 2024 election betting
New data shows more than $100 million has been legally wagered on the Kamala Harris and Donald Trump presidential race. Koleman Strumpf, the Burchfield Presidential Chair of Political Economy at ...Top stories - CBS News - October 31 -
GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.Business - The New York Times - October 30 -
Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.Business - The New York Times - November 20 -
UK will allay Trump concerns over Chagos Islands, says minister, as Priti Patel says Tories opposed to deal– as it happened
Stephen Doughty, foreign office minister, says if UK had not negotiated a deal with Mauritius, ‘a legally binding decision against UK seemed inevitable’. Wes Streeting has now delivered his ...World - The Guardian - November 13 -
Democratic rep tells Americans to 'calm down' amid concerns over Trump Cabinet picks
Democratic New York Rep. Tom Suozzi advised Americans to "calm down" as President-elect Trump's Cabinet picks continue to raise some concerns. "Let's look at what they're proposing to do and their ...Politics - The Hill - 4 days ago -
China unnerved by Russia’s growing ties with North Korea, claims US official
Comments part of debate over whether Beijing backs Kim Jong-un’s decision to send troops to fight in Ukraine. China is increasingly uncomfortable about North Korea’s engagement with Russia and ...World - The Guardian - 3 days ago -
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Shares of the Nvidia customer have crashed since its accounting firm, Ernst & Young, resigned.Business - Inc. - November 1 -
Banks face growing risk as double defaults on commercial loans mount
A bank practice known as ‘extend and pretend’ has delayed a write-off reckoning but may hide a growing systemic riskWorld - Financial Times - November 7 -
India’s central bank governor says economy ‘well placed’ to handle shocks
RBI chief Shaktikanta Das believes economic fragmentation, protectionism and tariffs are among the biggest threatsWorld - Financial Times - 2 days ago -
Military officials reportedly discuss how to handle illegal orders from Trump – live
Pentagon officials discuss what to do if Trump were to attempt to deploy the military domestically, CNN reports. Nancy Pelosi says Biden’s delay in exiting race blew Democrats’ chances ...World - The Guardian - November 9 -
Fight over Trump’s Treasury secretary blamed for some stock-market jitters as candidate pool grows
Investors need a scorecard to keep track of the array of candidates vying to be President-elect Donald Trump’s Treasury secretary, and that was likely part of the reason for stock-market weakness, ...Business - MarketWatch - November 19