The Fed Cuts Interest Rates to Nearly 0% to Combat Economic Slowdown Risks From Coronavirus Crisis

In an emergency move, the Federal Reserve has cut its benchmark interest rate to nearly zero to help fight the coronavirus outbreak that’s threatening millions and nudging America into an economic slowdown. The nation’s central bank announced Sunday it would … Read more…

Federal Reserve’s Robert Kaplan sees no changes in interest rates this year

The central banker, in an essay released Tuesday morning, backed the wait-and-see approach that his fellow voters on the Federal Open Market Committee have adopted Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…

Fed’s Mary Daly says current interest rates put economy ‘in a good place to weather the storms’

San Francisco Fed President Mary Daly said she believes last year’s rate cuts put the U.S. economy in a strong position to deal with external headwinds. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…

Trump says he ‘could get used to’ negative interest rates as he knocks the Fed: ‘Love that’

President Trump touted at the World Economic Forum in Davos, Switzerland, the use of negative interest rates to bolster economic growth. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

Netflix CEO Reiterates Zero Interest in Advertising Business: ‘There’s Not Easy Money There’

Netflix continues to say it has no strategic interest at all in launching a version of its streaming service that includes ads — and would rather avoid the privacy pitfalls of collecting consumer data. Chairman and CEO Reed Hastings on … Read more…

Taraji P. Henson Opens Up About Her ‘Miserable’ Experience On ‘Person Of Interest’

Taraji P. Henson is opening up about her exit from CBS’ “Person of Interest,” and it nearly six years after her character, NYPD Detective Joss Carter, was fatally shot. During Variety‘s annual Actor on Actor conversations the “Empire” star said, “I … Read more…

Why ‘Rocketman’ winning rave reviews won’t necessarily boost interest in Elton John’s music

If "Bohemian Rhapsody" is anything to go by, Elton John's catalog is about to enjoy a new lease on life. Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…

Vice President Mike Pence backs Trump’s call to lower interest rates, citing low consumer inflation

Trump and economic advisor Larry Kudlow have also called for lower rates, though the Fed generally makes decisions independently of political demands. Politics BEST DEAL UPDATE: Save 50% Today! Get 24/7 Access to Your Credit Scores & Reports with TransUnion

Fed Leaves Interest Rates Unchanged, No Longer Expects Rate Hikes This Year

In a widely anticipated move, the Federal Reserve announced its decision Wednesday to leave interest rates unchanged following a two-day monetary policy meeting. The central bank’s forward projections also indicated interest rates are likely to remain unchanged for the remainder … Read more…

Must Read: Kim Kardashion Is Suing Missguided, Interest in Chanel Spikes Following Karl Lagerfeld’s Death

These are the stories making headlines in fashion on Thursday. Kim Kardashion is suing Missguided This is not the week to mess with a Kardashian: Kim, who’s spent the first part of the week blasting fast fashion retailers on social media, … Read more…

Apple recently hired a prominent obstetrician, signaling interest in women’s health

Apple has hired Christine Curry, an obstetrician who is known for treating pregnant women with the Zika Virus, according to several people familiar. Health and Science U.S.HEALTHCARE UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

December pending home sales drop to lowest point in five years, despite much lower interest rates

House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future indicator of closings in one to two months. Real Estate BEST DEAL UPDATE: … Read more…

Chicago Police Release Photo Of “Persons Of Interest” In Smollett Attack

CHICAGO (AP) — Detectives reviewed surveillance footage of “Empire” actor Jussie Smollett walking to his downtown Chicago apartment, but so far none of the video shows him being attacked by two masked men, although investigators have obtained images of people … Read more…

‘Bond King’ Jeffrey Gundlach says the Fed shouldn’t raise interest rates this week

DoubleLine Capital founder and CEO Jeffrey Gundlach spoke with CNBC's Scott Wapner in Los Angeles on Monday. Economy ECONOMY NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! … Read more…

Trade tariffs, higher interest rates are slowing global economic growth, OECD says

Amid prolonged trade disputes and rising interest rates, the global economy will continue to slow down next year, according to the OECD's latest forecasts. But the Paris-based group doesn't see a recession on the horizon.  World News & Analysis BEST … Read more…

Housing stocks get hit hard amid weak data and worries on Wall Street about rising interest rates

Housing stocks fall broadly after analysts at Credit Suisse lowered their ratings and price targets on several companies in the sector. Real Estate BEST DEAL UPDATE: Easily Sell Your Home With ForSaleByOwner! A Home Sells with ForSaleByOwner Every 44 Minutes!