A Weak Jobs Report This Week May Refuel Chatter about Fed Rate Cuts Propelling Stocks to Resume Rally
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These defense and aerospace stocks may reap the benefits of the hypersonic-missile race
Defense company Kratos and subcontractors Rocket Labs and Leidos are involved in a five-year, $1.45 billion U.S. government contract for testing hypersonic missiles.MarketWatch - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - Jan. 8 -
Bill Belichick has no plans on returning to NFL despite Tom Brady reaching out about Raiders job, per reports
It looks like there won't be a reunion in Las VegasCBS Sports - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Mike Tomlin future: One team called Steelers about potential trade ahead of 2025 NFL playoffs, per report
The Super Bowl-champion coach is drawing interest outside of PittsburghCBS Sports - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Mike Vrabel to the Patriots? Former New England LB seen as frontrunner for head coaching job, per report
The Patriots are looking for Jerod Mayo's replacementCBS Sports - Jan. 8 -
Daily glass of milk may cut bowel cancer risk by fifth, research finds
Largest study into diet and disease suggests extra 300mg of calcium a day is associated with a 17% lower risk. Having a large glass of milk every day may cut the risk of bowel cancer by nearly a ...The Guardian - Jan. 8 -
Dozens of lawmakers beat stock market in 2024: Report
The stock portfolios of more than two dozen lawmakers once again outperformed the market as bans on congressional stock trading stalled, according to a new report from the trading trackers at ...The Hill - Jan. 7 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
What a Wall Street analyst gets wrong about Apple in rare sell call on the stock
MoffettNathanson downgraded shares of the iPhone maker to sell from hold Tuesday.CNBC - Jan. 7 -
As Port Talks Resume, Strike Deadline Looms
Dockworkers along the East and Gulf Coasts threaten to walk off the job on January 15, over concerns about increased automation and job losses, creating economic uncertainty.Inc. - Jan. 7 -
Party time at Damascus airport as international flights resume
First direct flight from Doha in 13 years touches down amid hopes SyrianAir fleet can be restored if sanctions are lifted. International flights resumed at Damascus airport on Tuesday for the first ...The Guardian - Jan. 7 -
Ghana’s Mahama Resumes Power After Eight Years in Opposition
Yahoo News - Jan. 7 -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - Jan. 7 -
Stocks appear ‘rate sensitive once again’ as bond yields press higher
Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.MarketWatch - Jan. 6 -
What to know about the HMPV virus reported in China
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.CBS News - Jan. 6 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Reports of optimism about Gaza ceasefire and hostage release deal
US secretary of state says he is confident agreement can be reached in renewed push before Donald Trump takes office. Israel and Hamas appear to be edging closer towards a ceasefire and hostage ...The Guardian - Jan. 6 -
A rallying call for democracy in South Korea
South Korean President Yoon Suk Yeol's attempted martial law declaration sparked a wave of collective resistance from citizens, who used protests, social media, and cultural works to express their ...The Hill - Jan. 6 -
Five things you may have missed from Week 18: Bryce Young has career day, backup QBs shine and more
Some things you may have missed from the weekend finaleCBS Sports - Jan. 6 -
Washington Post expected to lay off dozens of staffers in coming week – report
‘Cuts will be deep’, media reporter writes, after paper faced scrutiny for halting endorsement of Harris in October. Dozens of employees are expected to be laid off at the Washington Post in the ...The Guardian - Jan. 6 -
Canadian PM Trudeau may quit within days, media reports suggest
The pressure has been building for months, with sinking poll numbers for the prime minister's ruling Liberal Party.BBC News - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
The infighting propelling Austria’s far right to power
Failed coalition talks and power play pave way for Herbert Kickl to become chancellorFinancial Times - Jan. 6 -
NFL teams expected to inquire about Texas head coach Steve Sarkisian, per report
Could Sarkisian make the jump to the NFL?CBS Sports - Jan. 5 -
Fantasy Football Week 18 Injury Report: Drake Maye, Tony Pollard injuries, plus more updates
Who's in, who's out, who's still in question for Week 18CBS Sports - Jan. 5 -
Here are the 5 things we're watching in the stock market in the week ahead
Nvidia's Jensen Huang will be at CES, and investors will get a fresh batch of labor market data.CNBC - Jan. 5 -
Hamas releases video of Israeli hostage Liri Albag as ceasefire talks resume
It comes as Israel intensified strikes on Gaza, killing 88 people over the past 24 hours, the Hamas-run health ministry says.BBC News - Jan. 5 -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - Jan. 5 -
Saints interested in Chiefs OC Matt Nagy as candidate for head-coaching job, per report
Nagy was also the Bears' head coach for four yearsCBS Sports - Jan. 5 -
McCarthy says Trump 'unifier' in propelling Johnson across Speaker finish line
Former Speaker Kevin McCarthy (R-Calif.) offered his congratulations to Speaker Mike Johnson (R-La.) after being reelected to the leadership role Friday but suggested that President-elect Trump ...The Hill - Jan. 4 -
Syria to resume international flights at Damascus airport
First commercial flights since overthrow of Assad regime to begin from Tuesday, aviation chief says. Syria’s main airport in Damascus is to resume international flights after commercial trips were ...The Guardian - Jan. 4