China Unexpectedly Leaves Benchmark Lending Rates Unchanged after Feds Jumbo Cut

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - 6d

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 - 6d

Fed’s Waller sees cooler inflation despite higher forecasts

Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...

The Hill - 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

Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market

Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.

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

Deschamps to leave France job after 2026 WC

Didier Deschamps will leave his role as France head coach at the end of his current contract culminating in the 2026 World Cup cycle.

ESPN - 6d

Active mutual funds struggle to beat large-cap stock benchmarks — again

Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.

MarketWatch - Jan. 8

Didier Deschamps to leave as France coach after 2026 World Cup

Deschamps in charge since 2012 and won 2018 World Cup Zinedine Zidane the early favourite to take over France’s coach, Didier Deschamps, has confirmed he will leave when his contract expires ...

The Guardian - Jan. 8

Source: City eye deal for £50m-rated Marmoush

Manchester City are exploring a deal to sign striker Omar Marmoush, a source has told ESPN, but accept that it will be difficult to prise him away from Eintracht Frankfurt.

ESPN - Jan. 7

Trump: ‘Interest rates are far too high’

President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...

The Hill - Jan. 7

The 'new China' in Thailand: ‘if you want hope, you have to leave’ – video

After 30 years of relentless growth and capitalism, a new trend has emerged in China. The search for a simpler, calmer life is leading some Chinese people to seek a life abroad. The trend is so ...

The Guardian - Jan. 7

Michael Barr to Leave His Role as Fed Vice Chair for Supervision

Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.

The New York Times - Jan. 7

49ers’ Charvarius Ward still dealing with PTSD after loss of daughter, may leave team in free agency because of it

"I had a lot of great times, but the worst thing that’s ever happened to me … happened in California."

Yahoo Sports - Jan. 6

HELOC interest rate pros and cons to know for 2025

A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.

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

Michael Barr to step down as Fed’s top Wall Street regulator

US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor

Financial Times - Jan. 6

Fed’s top bank cop to step down, averting potential clash with Trump

Politico - Jan. 6

7 ways to get a lower mortgage rate in 2025

Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.

CBS News - Jan. 6

German inflation rate climbs to 2.6% in December

Yahoo 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

Jake McCabe Leaves Maple Leafs' Game Against Flyers With Upper-Body Injury After Awkward Fall In Fight With Garnet Hathaway

McCabe was visibly shaken up after the fall but was able to skate to Toronto's tunnel on his own.

Yahoo Sports - Jan. 6

Patriots fire Jerod Mayo: Rob Gronkowski blasts New England for cutting ties with head coach after one season

Gronk was clearly shocked about New England's move

CBS Sports - Jan. 6

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday.

NBC 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

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Yoran led the cybersecurity company in its IPO in 2018.

CNBC - Jan. 4

Feds find bomb-making material in home of New Orleans attacker

New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...

CBS News - Jan. 3

Top Fed official warns of US inflation risk after Trump takes power

Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffs

Financial Times - Jan. 3

JetBlue fined $2 million by feds for "chronic flight delays"

JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.

CBS News - Jan. 3

Slovakia threatens to cut aid to Ukrainian refugees after Kyiv shuts off Russian gas pipeline

Yahoo News - Jan. 3

It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo

For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presents

ABC News - Jan. 3

WWE begins its Netflix era after years of controversy, drama and ratings

On Monday, WWE "Raw" will stream exclusively on Netflix. The wrestling franchise is hoping for a huge global and multigenerational audience following years of success on TV and drama inside and ...

Los Angeles Times - Jan. 3

Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.

CNBC - Jan. 3

Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes

Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...

MarketWatch - Jan. 3