When the interest-rate cut will hit your mortgage, car loan, credit-card bills and savings accounts
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a while Source link...
MARKET
Oracle’s stock could pack 30% more upside as these investor worries fade away
Oracle’s stock draws an upgrade as an analyst says recent developments alleviate fears on margins and free cash flow. Source link...
Consumer sentiment climbs to 5-month high as inflation eases. But Americans still pessimistic.
Just a few months before the U.S. election, consumer sentiment rose to a five-month high as worries about inflation eased. Yet Americans were still “guarded” in their views about the economy. Source link...
Apple owes €13 billion in back taxes as long-running dispute ends
The European Court of Justice on Tuesday ruled that Apple owed €13 billion ($14.3 billion) in back taxes over what it said was illegal state aid from Ireland. Source link...
That ‘Chase Bank glitch’ could lead to negative balances, locked accounts — and jail time
The glitch, which was highlighted in several viral TikTok videos, had some people believing they could get “free cash” from Chase ATMs. Legal experts call it fraud. Source link...
Nvidia’s stock erases losses and these two factors could reignite momentum
Investors need more confidence in the gross-margin trajectory once Blackwell volumes ramp up, and they’ll also be looking for more proof that AI is generating customer returns. Source link...
My second husband’s $350,000 life insurance lists me as beneficiary. But his divorce decree says he’ll maintain the policy for his kids. Who wins?
“Am I legally obligated to turn this over to his children because of what his divorce decree says?” Source link...
Oil prices gain over 2% as standoff over Libya central bank curtails supply
Oil futures climbed by more than 2% on Thursday, finding some support after posting back-to-back session declines, as discord in Libya continued to limit supply from the OPEC producer. Source link...
U.S. durable-goods orders rise moderately in July — excluding volatile transportation sector
Orders at U.S. factories for long-lasting goods, such as new cars or machinery, jumped 9.9% in July, beating a 4% forecast. Orders have risen in five of the last six months. Source link...
Oil prices extend bounce but remain on track for weekly losses on demand worries
Oil futures rose Friday, extending a bounce from the previous session, but remained on track for weekly losses tied to worries over the outlook for crude demand. Source link...
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