• PA Media: Entertainment

    Friends raise toast to Motorhead star Lemmy as ashes enshrined in London club

    The singer and bassist died on December 28 2015.

  • Reuters

    Stocks dive after Fed cuts rates, signals slower easing pace in 2025

    NEW YORK (Reuters) -U.S. stocks plunged on Wednesday, with all three major indexes posting their biggest daily decline in months, after the Federal Reserve cut interest rates by a quarter of a percentage point but disappointed some investors with projections that signaled a more cautious path of easing next year. The Fed cut rates by 25 basis points to the 4.25%-4.50% range and its summary of economic projections (SEP) indicated it will make rate cuts totaling a half percentage point by the end of 2025 given the solid labor market and the recent stall in lowering inflation. "If you look at the changes to the statement of economic projection, they really had no choice," said Ellen Hazen, chief market strategist at F.L.Putnam Investment Management in Wellesley, Massachusetts.

  • Yahoo Life Shopping

    Today's best sales: 50% off Beats Studio Pros, 45% off Crest Whitestrips and more

    Also marked down: Gordon Ramsay's go-to Hexclad pans, a Kate Spade crossbody bag, a Kendra Scott bracelet and Calvin Klein briefs.