Latest Stories
- Yahoo Finance Video
Maximize your interest earnings as Fed begins cutting rates
The Federal Reserve is on course to take Americans out of a higher-for-longer interest rate environment and begin cutting rates at the conclusion of Wednesday's FOMC meeting. But how will this impact your interest earnings on personal savings accounts? Yahoo Finance Personal Finance Editor Molly Moorhead lays out top saving and investment strategies as interest rates remain elevated for the time being. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Fed Chair Powell's words could matter more than the rate cuts
The one big question that remains around the Federal Reserve's plans to cut interest rates is by how much? "The economic impact between a 25 and 50 basis point rate cut is very small, at least from on the loan rate side around $4 billion, which is nothing in the grand scheme of things. I think it's more important what [Fed Chair Jerome] Powell says and what we see in terms of rate projections, how quickly they'll be cutting rates over the next year," Ritholtz Wealth Management Chief Market Strategist Callie Cox tells Yahoo Finance anchor Julie Hyman at the Future Proof Festival. Cox underlines the fact that "words matter" as Powell is set to give a press conference at 2:30 p.m. ET following the Fed's rate policy decision: "So I want to get updated context from Powell on the job market, how worried he is about unemployment over the next year or so. He's been saying he's not worried but it's time to cut rates. So what's going on there, what's the dynamic?" For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
- KSBW - Monterey Videos
3 arrested for caught-on-camera machete attack in Bay Area
3 arrested for caught-on-camera machete attack in Bay Area
- People
Homeless Musician’s Performance Goes Viral — and Leads to Thousands in Donations: ‘Restored My Faith’
After finding John Metcalfe busking outside of a McDonald's in Liverpool, England, Stephen Flynn learned he was living in a car with his girlfriend. Recorded from inside a car and later posted on TikTok by Stephen Flynn, the brief clip shows John Metcalfe, 59, singing Dire Straits’ “Sultans of Swing” and playing acoustic guitar on Aug. 20. As of Monday, Sept. 9, the video has generated over 11 million views — and a GoFundMe has led to nearly £6,000 (about $7,845) in donations.
- Evening Standard
Train drivers vote to accept multiyear pay offer and end two-year dispute
Train drivers have voted overwhelmingly to accept a multi-year pay deal, ending a two-year dispute at 16 train companies, their union Aslef has announced.The move will see an end strike action that has made commuters’ lives a misery.Aslef said its members voted by 96% in favour of a deal that is worth a 15% rise over three years. The turnout was 84%.
- The Guardian
‘Sophisticated evil’: Beirut medics and civilians horrified by pager attacks
People describe panic when explosions started and ‘apocalyptic’ scenes inside hospitals overwhelmed by injured patients
- Storyful
Firefighter Fells Tree as SoCal's Line Fire Reaches 50 Percent Containment
Emergency crews continued to battle the Line fire in Southern California on Wednesday, September 18, with evacuation orders still in effect in the area.Footage released by Cal Fire shows a firefighter cutting down a tree scorched by the Line fire on Wednesday. According to Cal Fire, the fire has burned over 39,000 acres and was 50 percent contained as of Wednesday morning.The man suspected of igniting the Line fire pleaded not guilty to the 11 arson-related charges against him, according to a local news outlet. Credit: Cal Fire BDU via Storyful
- Evening Standard
Pagers That Exploded Were A New Brand Hezbollah Official Says
The hundreds of pagers that exploded on Tuesday in Lebanon and Syria had apparently been acquired by the militant group Hezbollah after the group’s leader ordered members in February to stop using mobile phones, warning they could be tracked by Israeli intelligence.
- KSHB - Kansas City Scripps
Chiefs' McDuffie: 'Anytime you're 2-0 in this league, it's a great thing'
Kansas City Chiefs cornerback Trent McDuffie spoke with reporter Wednesday as the defense works to round into form heading into a week three match up against the Atlanta Falcons.
- Yahoo Life Shopping
20 of the best golf gifts for the dad who never misses a tee time
Show him how much you love him — and his favorite hobby — with a rangefinder, custom balls or a new bag for his gear.
- The Canadian Press
Sean 'Diddy' Combs makes a fresh bid for bail in his sex trafficking and conspiracy case
NEW YORK (AP) — Lawyers for Sean “Diddy Combs asked a judge Wednesday to let him await his sex trafficking trial at his luxury home on an island near Miami Beach, rather than a grim federal jail in Brooklyn.
- Lexington Herald-Leader
Case involving allegations of sexual misconduct against Lexington councilwoman sealed
Lexington Councilwoman Brenda Monarrez has denied the allegations against her, calling them false and driven by politics.
- The Weather Network
Sunday marks the earliest start to the Fall season in 228 years! Here's why
Summer's final curtain call. Here's a guide to the science behind this phenomenon, some of its most enduring myths, and why this is the earliest fall equinox in over 2 centuries.
- People
Jenn Tran Reacts to Those Jonathan Dating Rumors as She Admits Her 'Heart' Is 'Not in the Space to Date Anybody' (Exclusive)
The former Bachelorette, 26, caught up with PEOPLE at the season 33 premiere of Dancing with the Stars, opening up about her love life right now after Jonathan was seen supporting her from the audience.
- Charlotte Observer
NC GOP superintendent candidate Michele Morrow falsely links LGBTQ+ to pedophilia
Michele Morrow has a history of making anti-LGBTQ+ comments, such as saying “there is no pride in perversion” during Pride Month.
- Reuters
Bank of Canada members split on inflation outlook, minutes show
The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row, minutes published on Wednesday showed. "Some members took the view that the risks were balanced, with strength in shelter and services price inflation offsetting the downward pressure from excess supply," it said. "Some had become more concerned with the downside risks to inflation, particularly if the economy and labor market weakened further."
- The Telegraph
Twiggy hangs up miniskirts ahead of turning 75
Twiggy, the Swinging Sixties fashion model, has suggested she is hanging up her miniskirts ahead of turning 75.