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Why the Fed's rate cut won't immediately help car buyers or sales
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Business - MarketWatch
September surprise? U.S. jobs report holds key to Fed rate cuts.
The U.S. jobs report has overtaken inflation as the chief worry of the Federal Reserve as it plots how fast to cut interest rates.Yesterday - Federal Reserve -
Business - MarketWatch
Investors question Fed’s rate cut amid signs of faster economic growth
Something unexpected is happening on the road to the much-hoped-for soft landing in the U.S.: The growing possibility of an economic reacceleration, which handed Treasury yields their biggest ...Yesterday -
Business - MarketWatch
Mortgage rates rise amid geopolitical tensions and uncertainty over future Fed cuts
The 30-year mortgage rate is averaging 6.12%, Freddie Mac said in its latest weekly survey on Thursday.2 days ago - Mortgage -
Business - MarketWatch
Schwab leads list of banks expected to profit most in 2025 from Fed’s rate cuts
Analysts predict a reversal of two years of earnings declines for the banking industry.17 hours ago -
Business - CNBC
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but fewer risks than common stocks.12 hours ago - Federal Reserve -
Top stories - BBC News
Electric cars brought from China to the EU to be hit with steep tax rise
The vote risks sparking a trade war as the EU looks to protect its own car makers.Yesterday - China -
Top stories - CBS News
Why mortgage rates rose after initially falling
Mortgage rates dropped after the Fed's interest rate cut announcement in September. Although rates appear to have slightly risen since dropping to a record two-year low, experts still believe they ...2 days ago - Mortgage -
Top stories - NBC News
Why this couple is blocked from suing Uber after serious car crash
A couple seriously injured during an Uber ride is speaking out after a court ruled they cannot sue Uber due to a clause in Uber's contract. NBC’s Stephanie Gosk reports for TODAY.3 days ago -
Top stories - BBC News
Interest rate cuts could be more aggressive, Bank of England governor says
Governor Andrew Bailey hints that borrowing costs could come down faster if inflation stays in line.2 days ago
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Business - CNBC
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.Yesterday -
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Trump holds Pennsylvania rally at same venue of first assassination attempt, joined by Musk, Vance
Elon Musk spoke at Donald Trump's second Butler rally, marking the latest sign of support in their growing alliance.3 hours ago - Donald Trump -
Business - CNBC
U.S. ports start 100-day countdown clock to new strike, and automation is poised to be the dealbreaker
The East and Gulf Coast ports strike deal isn't close to done, with a fight over automation between ILA union and USMX ownership group facing Jan. 15 deadline.Yesterday -
Business - CNBC
China-linked security breach targeted U.S. wiretap systems, WSJ reports
U.S. broadband providers had networks breached in a cyberattack tied to the Chinese government that targeted wiretap requests, The Wall Street Journal reports.11 hours ago -
Business - CNBC
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but fewer risks than common stocks.12 hours ago - Federal Reserve