Finance

What the potential Fed rate cut means for mortgage rates

What the potential Fed rate cut means for mortgage rates

The stage is set for the Federal Reserve to cut rates at its meeting this week on the heels of lackluster employment data and a struggling economy. But if you think mortgage rates will drop, too,...

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FedEx opens dedicated freight facility at UK airport

FedEx opens dedicated freight facility at UK airport

Businesses in the United Kingdom will be able to utilize FedEx Express for large cross-border air shipments thanks to a new freight facility at East Midlands Airport. The integrated parcel logisti...

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Trump pressure on Fed may steepen US yield curve, fund managers say

Trump pressure on Fed may steepen US yield curve, fund managers say

By Divya Chowdhury and Mehnaz Yasmin (Reuters) -The Treasury yield curve could steepen as investors demand higher compensation for perceived fiscal and political risk amid rising pressure from th...

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Coffee prices in New York approach all-time high amid tariffs, Brazil weather

Coffee prices in New York approach all-time high amid tariffs, Brazil weather

By Marcelo Teixeira and Nigel Hunt NEW YORK (Reuters) -Prices for coffee futures traded in the Intercontinental Exchange in New York approached an all-time high on Tuesday as the market continues ...

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Tesla is recalling Powerwall 2 batteries over fire risk

Tesla is recalling Powerwall 2 batteries over fire risk

Austin , Texas , USA – January 26th 2020: Tesla Powerwall Home battery storage connecting home energy storage with solar panels and powering the grid with a self sustaining future | Imag...

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Google Researchers Warn of Looming AI-Run Economies

Google Researchers Warn of Looming AI-Run Economies

Without urgent intervention, we’re on the verge of creating a dystopian future run by invisible, autonomous AI economies that will amplify inequality and systemic risk. That is the stark wa...

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