Tag: finally
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The Fed is finally cutting rates, but banks aren’t in the clear just yet
Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s because lower rates will slow the migration of money that’s happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding options like CDs and money market funds. When the Federal Reserve cut…
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Chiefs TE Travis Kelce finally breaks out against Chargers
Kansas City Chiefs tight end Travis Kelce is having a much-needed breakout game against the Los Angeles Chargers on Sunday. The 34-year-old — who turns 35 in less than a week — had five catches for 74 yards in the first half. Those 74 yards eclipsed the 69 yards Kelce had amassed during the first…
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GM’s EV sales momentum is finally building as new vehicle lineup fills out
WARREN, Mich. — If everything had gone to plan for General Motors over the last three years, the Detroit automaker would be well on its way to catching Tesla in sales of electric vehicles. In October 2021, GM CEO Mary Barra declared the automaker would “absolutely” catch up to the U.S. EV leader by 2025. Instead, after slower-than-anticipated EV adoption across the industry…