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Education Department Lowers Student Loan Interest Rates for Two Years19:20 The department, citing high default rates, is reducing interest rates on federal student loans by up to 1 percentage point for two years. Warsh Wants the Fed to Send Fewer Signals. That Comes With Risks.14:48 Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal Reserve chairman. Warsh’s Hawkish Turn Has Scrambled the Math on Rates14:13 The futures market now sees at least one interest rate increase this year, as the Federal Reserve’s new leader, Kevin Warsh, vows to fight inflation. Inflation Will Linger Despite U.S.-Iran Deal, British Officials Warn14:13 Bank of England policymakers kept interest rates on hold, saying the impact of the war in Iran was still a major source of uncertainty for the economy. Why Is Telegram Getting Into Trouble Around the World?11:56 Several countries have restricted the messaging app, a valuable platform for dissidents, criminals and extremists. Here’s an overview. Retail Investors Help Send SpaceX Shares Soaring11:21 The company’s blockbuster trading debut is the latest example of how individual investors have become a force in financial markets. All Aboard! Brands Jump on the Knicks Bandwagon.11:21 Companies — including some with no ties to New York or basketball — have posted memes, changed their avatars to Knicks blue and orange, and cheered the team in their captions. Why Flight Prices Might Not Fall After the U.S.-Iran Deal11:21 Jet fuel may stay expensive for months, and airlines know travelers are willing to pay more for tickets. What to Know Before Buying SpaceX Stock, According to Financial Advisers11:21 SpaceX has rapidly become one of the world’s most valuable companies. Even so, experts say investing in single stocks can be risky. They Booked an Airbnb Ahead of the World Cup. Can a Host Demand They Pay More?11:21 A family booked early for a big soccer trip to Southern California, then a new host suddenly raised the price. Why did Airbnb leave them in the lurch? Average U.S. Gasoline Price Falls Below $4 for First Time in Months10:15 Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz. Oil Prices Fall as U.S.-Iran Deal to Reopen Hormuz Takes Effect9:41 Oil prices fell and stocks rose after Pakistan announced that the agreement to reopen the Strait of Hormuz would take effect immediately. Warsh Makes His Case With Jargon, and a Penchant for Detail2:32 The Federal Reserve’s new chairman held a press conference where he bantered with reporters and laid out a vision for change at the central bank. Fed holds rates steady at Warsh’s first meeting.22:38 Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections. Fed Meeting Live Updates: Kevin Warsh to Address U.S. Economy as Fed Holds Interest Rates Steady22:38 Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections. |
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