US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in December following commentary from policymakers, with…
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Stock market today: AI bubble fears, rate cut probability whipsaw ‘Mag 7’ tech giants. Here’s the latest
Thursday, November 20, ended up being a bit of a whirlwind for tech investors. The day started off on a positive note, with Nvidia’s shares (Nasdaq: NVDA) rising almost 5% thanks to a…
Designers Cut It Up on the Spring 2026 Runways
Spring 2026 is all about deconstruction, enhancing a sense of intimacy and romanticism. Seams come undone, linings are flipped inside out, raw edges hang free. The work of the hand, the…
Nissan to cut more output at Kyushu plant on chip supply troubles
Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions linked to Chinese-owned Nexperia continues to affect…
Europe: Shares fall as US rate cut expectations wane; UK fiscal worries resurface
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate cut, even as the benchmark Stoxx 600 index registered…
US: Wall Street tumbles as tech selloff extends, rate cut hopes fade
Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an…
The Shutdown’s Over. Trump May Still Cut Food Stamps.
Trump now appears to see SNAP as a political threat. “We can reform SNAP, and I think we should,” Trump said on Monday night in a Fox News interview, even as some Democrats readied a deal…
Verizon to cut about 15,000 jobs as it restructures under new CEO
Verizon is planning to cut about 15,000 jobs in the telecommunications company’s largest-ever layoffs as part of a restructuring under its new CEO, a person familiar with the matter told…
DHS says migrant enforcement surge has cut crime in Chicago
The Department of Homeland Security's surge to arrest and deport illegal immigrants in Chicago has led to a "historic" drop in major crimes over the past two months, the department said…
Asia: Markets up on hopes over shutdown deal, rate cut
EQUITIES rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate cut. However, a mixed…
Trump Escalates War on CFPB With Move to Cut Off All Funding
The Bulwark asked the Trump-owned chatbot a series of questions about the impacts of Trump’s agenda, ranging from tariffs to the insane claim that he has “solved” eight wars over the last…
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the premium ones…
Gold rises on Fed rate cut bets, growth worries
GOLD prices rose on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic data that raised global growth worries. Spot gold…
15 Disney Characters And Storylines That Would've Really Changed These Movies, If They Weren't Cut
Director Lee Unkrich told Cinema Blend, "A series of strange events happened, and the boy ended up going to the land of the dead. But ultimately, that story, there was no Ernesto de la…
Gold gains on softer dollar, increasing bets of Fed rate cut
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations of another Federal Reserve interest rate cut,…
Bank of England keeps rates on hold in knife-edge vote that hints at cut soon
The Bank of England kept borrowing costs on hold on Thursday (Nov 6) but a narrow vote and signs that governor Andrew Bailey might soon join those seeking a rate cut keeps the door open…
Trump administration orders 10% of flights cut at major US airports due to shutdown
US Transportation Secretary Sean Duffy said on Wednesday that he would order 10 per cent of flights at 40 major US airports to be cut starting on Friday unless a deal to end the federal…
Nissan to cut Rogue production in Japan over Nexperia fallout: source
The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov 10 Nissan Motor will cut production of its top-selling Rogue SUV in…
IBM to cut thousands of jobs in fourth quarter amid software focus
IBM will cut roles this quarter, the company said on Tuesday (Nov 4), potentially impacting thousands of employees while it shifts focus towards its high-margin software segment, as Wall…
Trump Told CBS What to Cut From 60 Minutes Interview—And They Listened
When asked on 60 Minutes about pardoning Zhao, Trump replied: “OK, are you ready? I don’t know who he is. I know he got a four-month sentence or something like that, and I heard it was a…
Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend on rupiah stability and the effectiveness of…
Fed's Waller calls for December rate cut, as hawks press for policy pause
A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank’s decision to cut interest rates this week, even as influential Fed Governor…
Gold rises on bargain hunting and US rate cut, set for monthly gain
Traders have scaled back bets that the Fed will cut rates again at its next policy meeting on Dec 10 after remarks from Fed chair Jerome Powell Gold prices edged higher on Friday (Oct 31),…
How the Fed’s rate cut will impact your finances
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The federal funds…