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…

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…

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…

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!