Business Owners Cautiously Optimistic after Rate Cut
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Johnson 'optimistic' about Hegseth: 'We believe in redemption'
Speaker Mike Johnson (R-La.) on Saturday said he was "optimistic" about the path forward for Pete Hegseth, President-elect Trump's controversial pick to lead the Pentagon. "I’m optimistic about it. ...The Hill - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Lodi community gathers to remembers salon owner killed
A deadly shooting in Woodbridge took the life of a beloved Lodi salon owner. Her friends and family are grappling with the devastating loss.Yahoo Sports - Dec. 7 -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Miami owner denies 'controversy' over CWC place
Inter Miami CF co-owner Jorge Mas said there is "no controversy" surrounding the team's qualification to the 2025 Club World Cup after winning the 2023 Leagues Cup and 2024 Supporters' Shield.ESPN - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
The Biggest Business Fails of 2024
What do a global IT outage, glue on pizza, and the decline of an aviation giant have in common?Inc. - Dec. 6 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
Jeff Bezos Says He’s ‘Optimistic’ About Trump’s Goal of Cutting Regulations
‘If I can help do that, I’m going to help him,’ the Amazon founder said of the incoming president’s deregulatory initiative.Inc. - Dec. 5 -
Paraguay kicks out Chinese envoy after he urges country to cut ties with Taiwan
Officials declare Xu Wei persona non grata after he asks Paraguay government to choose China over longtime ally. Paraguay has expelled a Chinese envoy for allegedly interfering in its domestic ...The Guardian - Dec. 5 -
Why Small-Business Owners Are Cheering the Suspension of the Corporate Transparency Act
A Texas judge delivered a nationwide injunction against application of a law requiring small businesses to report their real beneficial owners by January 1.Inc. - Dec. 5 -
Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
Airbus to Move Ahead With 2,000 Job Cuts at Defense and Space Business
The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.The Wall Street Journal - Dec. 5 -
Jeff Bezos says he is 'optimistic' about a new Trump term and can help with cutting regulations
Amazon founder Jeff Bezos says he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming yearsABC News - Dec. 4 -
Jeff Bezos, a Past Trump Foe, Is Optimistic About a Second Term
The Amazon founder said he saw signs of a “calmer” Donald J. Trump on the eve of his return to the White House.The New York Times - Dec. 5 -
Jeff Bezos says he's optimistic about Trump, will help administration reduce regulation
Donald Trump and Jeff Bezos clashed frequently during the president-elect's first term in the White House.CNBC - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Small Business Owners Brace for Trump’s Proposed Tariffs
While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.Inc. - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
England’s Ben Stokes demands answers from ICC after latest over-rate sanctions
Governing body has yet to address captain’s concerns ‘I’ve not signed an over-rate sheet since the Ashes’ Ben Stokes has revealed a personal stand-off with the International Cricket Council ...The Guardian - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Police seek dog owner after fatal attack on young deer in royal park
Footage released of spaniel chasing deer in ‘deeply distressing’ incident in Richmond Park. Police are looking for the owner of a pet dog that is believed to have chased and killed a deer in ...The Guardian - Dec. 4 -
Mira Murati Quit OpenAI. She’s as Optimistic as Ever About AGI
At WIRED’s The Big Interview event, the ex-OpenAI CTO said she’s still in the midst of setting up her startup, but AGI is top of mind.Wired - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Rams were shocked to land former first-round pick off waivers after the Commanders cut him ahead of Week 13
Emmanuel Forbes is headed to Los AngelesCBS Sports - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
Nomura CEO to take pay cut after ex-staffer charged with attempted murder
Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited ...MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2