News Updates from December 18 Fed Cuts Rates But Hawkish Forecast Hits Stocks Uk Inflation Accelerates in November
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Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
The U.S. added 227,000 jobs in November, as hiring recovers from storms and a strike
Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics ...NBC News - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
Canada's jobless rate jumps to near 8-year high of 6.8% in November
Yahoo News - Dec. 6 -
US adds 227,000 jobs in November, rebounds from October slump
The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked ...The Hill - Dec. 6 -
The Week in Pictures: November 29 - December 06, 2024
Yahoo News - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - Dec. 6 -
Marcus Smart scores 18 points, hits clinching free throws in Grizzlies' 115-110 win over Kings
Marcus Smart scored 18 points — the last two on clinching free throws with 2.9 seconds left — and the Memphis Grizzlies beat the Sacramento Kings 115-110 on Thursday nightABC News - Dec. 6 -
Thursday, December 5 forecast: Arctic air recedes in time for the weekend
Yahoo News - Dec. 6 -
Tractor Supply Updates Long-Term Financial Targets, Announces Stock Split
The rural-lifestyle retailer said it is aiming to increase net sales by between 6% and 8%, same-store sales by between 3% and 5% and per-share earnings by between 8% and 11%.The Wall Street Journal - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Costco’s November online sales hit by timing of holiday deals
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the ...MarketWatch - Dec. 5 -
Wednesday, December 4 forecast: Arctic attack recedes by the weekend
Yahoo News - Dec. 5 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Tech stocks hit first all-time high since July
Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.CNBC - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Trevor Lawrence concussion update: Jaguars QB 'feeling better' after scary hit, remains out of practice
Mac Jones is slated to start if Lawrence remains sidelinedCBS Sports - Dec. 4 -
Heavy rain and gales set to hit UK as weather warnings issued
Three Met Office yellow warnings for wind and rain cover large parts of the UK with areas of low pressure set to bring heavy rain and gales.BBC News - Dec. 4 -
Google DeepMind hits new milestone in AI weather forecasting
GenCast tool outperforms traditional methods on predictions up to 15 daysFinancial Times - Dec. 4 -
Tesla's November China EV Sales Drop 4.3% as BYD Hits New High
Yahoo News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Dak Prescott gives update on recovery from hamstring surgery
"I'm living it up in the truck right now," Prescott told Yahoo Sports. He also watched the Cowboys' most recent game from the coaches booth for an interesting reason.Yahoo Sports - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Amazon Prime Members Get These 18 Free Games In December
Amazon has revealed all the PC games that'll be available this month through its Prime Gaming service, and in total, you can look forward to 18 games in December. The first batch of games are now ...GameSpot - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Migrants brought to UK from remote military island
Their journey to the UK marks the end of years of complex legal battles.BBC News - Dec. 3 -
Jim Cramer lists 10 stocks likely to perform well in December
CNBC's Jim Cramer listed ten stocks he thinks will do well in December.CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Tesla’s stock surges after self-driving software update, new Street-high target
Tesla’s stock jumps toward a 2 1/2-year high after the EV-maker’s FSD software gets its awaited update.MarketWatch - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
