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...The quake, which had a magnitude of 4.8, had its epicentre near the town of Whitehouse Station. For up-to-the-minute news updates, visit our live blog Good evening....
...European stocks opened lower on Thursday after the US Federal Reserve dealt a blow to investors’ hopes that interest rate cuts could start to fall as soon as March....
...The policy-sensitive two-year Treasury yield was up 0.08 percentage points at 4.22 per cent by the late afternoon in New York, while the 10-year yield climbed 0.11 percentage points to 4.06 per cent....
...The bond market reaction happened alongside a shift in market expectations for interest rate cuts this year. Traders slashed wagers on a cut in May, and almost eliminated the chances of one in March....
...Traders slashed wagers on an interest-rate cut in May, and almost eliminated the chances of a March cut....
...The falling inflation rate and the prospect of Bank of England rate cuts lead some agents to say the outlook is brightening....
...Benchmark 10-year Treasury yields closed the week at 4.04 per cent having swung on Friday between a three-week peak of 4.10 per cent following the jobs data, and a slide as low as 3.95 per cent....
...Interest rate-sensitive 2 year gilt yields nudged down 0.03 percentage points to 4.126 per cent and the FTSE 100 index of blue-chip stocks opened down 0.4 per cent....
...Yields on benchmark 10-year note, which move with growth and inflation expectations, rose to a five-month high of 4.63 per cent on Monday....
...in demand for European credit has helped pull the spread — or gap — between risky bonds’ yields and those of equivalent German Bunds — the eurozone benchmark — down to the lowest level since 2022 at 3.4...
...I did the polar plunge with my kids, and then I went to Nathan’s Hotdogs and consumed a chilli cheese dog. And then I rode the cyclone rollercoaster....
...To cut the lemons safely, I hold them for him to cut with a serrated knife. The knife is just sharp enough to enable him to cut something as hard as a lemon, but not so sharp we have to worry....
...to cool inflation....
...He also claimed the cuts could be achieved without compromising on the important axes of Macron’s political programme, but that “at some point, we simply have to cool the machine”....
...By contrast, eurozone inflation fell to 2.4 per cent last month, lower than forecast, bolstering expectations that the ECB will cut interest rates by the summer....
...So far the rethink on rates has done little to cool stock markets, with the S&P 500 index of blue-chip stocks up 7.4 per cent this year — helped by the strength of the US economy and excitement about the...
...It measures 107cm x 87cm, and can seat four kids with a seatbelt each. Range is around 40 miles with the Bosch Cargo motor. £4,499, raleigh.co.uk...
...Undeniably it would see off the wet and cold spells ahead, but would it cut a proper dash as it did so?...
...They are pricing the first cut in August....
...Workers received an extra 4.2 per cent in their pay packets over the course of 2023, according to figures from the US Bureau of Labor Statistics, down from 4.4 per cent in the 12 months to September....
...to cut borrowing costs this year....
...The central bank was “very focused” on not waiting too long to cut rates, he added....
...Powell sought earlier in the week to cool speculation about a March rate cut, warning that it was not the central bank’s “base case”. “Powell killed a March cut....
...My shorts were cut so high at the front that the internal cotton pockets flopped out of them. In the summer I wore them in their natural state....
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