Car Buyers Face A Stubborn Problem That Fed Interestrate Cuts Cant Solve Recordhigh Prices
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‘How can you fit your life in a car?’ After Pacific Palisades fire, Malibu business owners face a grim new reality
When your neighborhood is destroyed by fire, what do you take with you? And how do you face the future?MarketWatch - 9h -
A global bond sell-off is deepening as investors pare Fed rate-cut expectations
A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.CNBC - 19h -
Small-cap stocks face heightened risk with rate cuts in question, warns BofA
The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.MarketWatch - 1d -
Who Might Buy TikTok? These Are Five Potential Buyers If the Supreme Court Rules Against It
One group calls itself the People’s Bid for TikTok and says it will restructure the social media company to collect less data on users.Inc. - 1d -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - 1d -
Los Angeles area wildfire evacuees face price gouging
Forced to evacuate their homes amid perilous wildfires, Los Angeles residents now face price gouging while trying to find places to live.CBS News - 2d -
New evacuations ordered as stubborn Palisades Fire expands east in Los Angeles
Nearly 7,000 firefighters are working to contain the spreading flames in Los Angeles County on Saturday, with no end in sight. Overnight, the Palisades Fire, the largest of the brush fires, grew by ...CBS News - 3d -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - 3d -
‘We’ve had two cars for 40 years’: With congestion charges, insurance and gas prices — should we sell our second car? Or will we regret it?
“I’m semi-retired working about 20 hours a month at my own business.”MarketWatch - 3d -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - 3d -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 4d -
A Big Idea to Solve America’s Immigration Mess
Fixing America’s broken immigration system starts with acknowledging that the United States needs more people.The New York Times - 4d -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 4d -
U.S. Buyers Group to Bid for TikTok Assets as Supreme Court Decision Nears
Billionaire Frank McCourt’s Project Liberty and several partners offered few details on their plan to buy the U.S. assets of the platform, announced the day before the high court will decide its fate.Inc. - 4d -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 4d -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - 5d -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - 5d -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - 5d -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - 5d -
Million year-old bubbles could solve ice age mystery
Yahoo News - 5d -
Million year-old bubbles could solve ice age climate mystery
What is probably the world's oldest ice, dating back 1.2m years ago, has been dug out from deep within Antarctica.BBC News - 6d -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - 6d -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - 6d -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 6d -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 6d -
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. - 6d -
Delta Just Announced Its Plan to Use AI to Solve the Worst Thing About Traveling
A new in-app concierge relies on AI to give customers a personalized experience.Inc. - 6d -
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 - 6d -
The buyer of Michael Jordan’s $9.5 million mansion is an urban explorer who films inside abandoned buildings
The buyer Jordan’s Chicago mansion has come forward to identify himself as a longtime fan of the NBA legend—and he’s sharing his plans for the property.MarketWatch - Jan. 8 -
Car companies have an infuriating software problem
Managing smooth updates is becoming ever more important with the spread of EVs and more sophisticated systemsFinancial Times - Jan. 8 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
Stamp duty changes will motivate first-time buyers, says Halifax
The UK's biggest mortgage lender says house prices rose 3.3% during the course of 2024.BBC News - Jan. 7 -
With N.Y.C. Congestion Pricing, Drivers Face a New Weekday Reality
The first Monday commute under New York City’s new tolling plan went smoothly, but officials are still assessing how the program is affecting traffic patterns.The New York Times - 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 Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
Why a Jimmy Butler and Pat Riley divorce always felt inevitable as two stubborn winners clash in Miami
Heat star Jimmy Butler and team president Pat Riley are heading for a break-up that neither will want to loseCBS Sports - Jan. 4 -
Postecoglou has 'no problem' with Maddison at darts
Tottenham manager Ange Postecoglou says he has "got no problem" with James Maddison going to watch darts despite being unable to start a match because of illness.BBC News - Jan. 3 -
California gas car ban faces uncertain future
{beacon} Energy & Environment Energy & Environment The Big Story Legal challenges complicate California's auto future While the Biden administration recently approved California’s effort to ban ...The Hill - Jan. 2 -
UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body
Electric Vehicles UK says hybrids without a plug should be banned or else confidence in electric cars will be damaged. Britain needs to press ahead with a ban on the sale of new hybrid cars with no ...The Guardian - Jan. 2
