Five of Hong Kong’s major commercial banks cut their prime rates for the first ... pare the loans rate for their best customers by a quarter point to 5.875 per cent, and will reduce their ...

September Fed meeting: What homebuyers should know Will mortgage rates drop now that the Fed has cut rates? How Fed rate cuts affect mortgage rates Is it a good time to buy a house now?

Indonesia’s central bank unexpectedly cut its key interest rate for the first ... Bank Indonesia lowered the BI-Rate by a quarter-point to 6%, a decision seen by only 10 of 36 analysts in ...

CNBC's Steve Liesman joins 'Squawk Box' to discuss the latest results from the CNBC Fed Survey. Kamala Harris Hits Record Polling Lead Over Donald Trump “America's Got Talent” Unveils Its 10 ...

cutting interest rates by half a point this month as resilient inflation and labour market data reinforce a measured course of action. Swap traders have fully priced in a quarter-point reduction ...

Microsoft Corporation said it is cutting 650 jobs in its Xbox unit, the third of such layoffs this year as the company tries to rein in costs and integrate its massive US$69 billion (S$90 billion ...

(Photo/Michael Probst, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again ...

"It probably seals a quarter-percentage-point rate cut from the Fed." Fed policymakers have kept the U.S. central bank's policy rate in the 5.25%-5.50% range since July of last year to keep downward ...

Earlier in 2024, Microsoft Gaming laid off over 1900 employees in a drastic cost-cutting measure, its first following the company's acquisition of Activision-Blizzard. At the time, the layoffs hit ...

Shares of Caleres tumbled after the company cut guidance for the year and cited weak demand as one of the reasons for worse second-quarter results than expected. The stock was down 14% at $32 in ...

Xbox chief Phil Spencer announced the layoffs to employees in an internal memo this morning, seen by The Verge. The cuts are related to the Activision Blizzard deal, and Spencer makes it clear in ...