Fed Cuts Rates But Hawkish Forecast Hits Stocks and Sends Dollar Jumping
Sort by
Date
-
Laid-off FEMA employees speak out about DOGE cuts
Elon Musk today said that his Department of Government Efficiency is cooperating with cabinet secretaries on downsizing the federal bureaucracy. Since Inauguration Day, more than 200 FEMA employees ...NBC News - 1d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 1d -
North Korea Says It’s Building a Nuclear-Powered Submarine
The announcement came amid fears that Pyongyang may be receiving crucial military technology from Russia in return for sending troops and weapons for its war against Ukraine.The New York Times - 4d -
Female students mark International Women's day by leading protests in Serbia against corruption
Female students have marked International Women's Day in Serbia by leading protests against corruption and sending a message decrying widespread violence against women in the countryABC News - 4d -
If Medicaid cuts include work requirements, people may lose health coverage as a result, research finds
Congress may have to implement Medicaid cuts to reach its budget targets. That could include new work requirements in order to obtain coverage.CNBC - 3d -
Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.NBC News - 2d -
Dolly Parton sends off late husband Carl Dean with an emotional new song: 'If You Hadn't Been There'
Dolly Parton dedicates an emotional new song to husband Carl Dean after writing a 'love note' saying her beloved is 'in God's arms now and I'm okay with that.'Los Angeles Times - 5d -
Lampkin near-perfect shooting night sends Syracuse hurtling past Virginia 84-70
Eddie Lampkin Jr. scored 14 of his 25 points before halftime, was 11-for-12 shooting and grabbed 10 rebounds and Syracuse beat Virginia 84-70 to end the ACC regular seasonABC News - 3d -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - 3d -
From chatbots to intelligent toys: How AI is booming in China
China plans to invest more than a trillion dollars as it races against the US to rule advanced tech.BBC News - 2d -
Eagles send QB Kenny Pickett to the Browns, acquire Dorian Thompson-Robinson in exchange
Philadelphia and Cleveland swapped backup quarterbacks on Monday, with the Eagles also picking up a fifth-round pick in the trade.Yahoo Sports - 2d -
Trump Officials Warn 60 Colleges of Possible Antisemitism Penalties
The administration’s warning came just after it pulled hundreds of millions of dollars from Columbia University.The New York Times - 1d -
GenLayer offers novel approach for AI agent transactions: getting multiple LLMs to vote on a suitable contract
GenLayer is betting that AI-driven contracts, enforced on the blockchain, will be the foundation for a trillion-dollar marketplace.VentureBeat - 1d -
UN to rent Bangladesh property owned by former regime associate
Sobhan family under scrutiny amid efforts to claw back billions of dollars allegedly lost under Sheikh Hasina’s ruleFinancial Times - 1d -
The result of Madrid derby sends Atletico or Real likely to face Arsenal in Champions League
Atletico has to overcome a one-goal deficit to eliminate bitter rival Real in the second leg of their Champions League last 16 tie to maintain chance of winning Europe's biggest prizeABC News - 7h -
An Elon Musk stablecoin? Democrats warn of a Big Tech crypto takeover.
Stablecoin bill could lead to a “privatization of the dollar,” according to crypto skeptic Sen. Elizabeth Warren.MarketWatch - 1h -
U.S. stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.MarketWatch - 2d -
Dow falls 1,000 points, Nasdaq dives more than 4% as stock selloff gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent ...NBC News - 2d -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - 1d -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - 1d -
Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI
Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs.CNBC - 1d -
Tom Lee calls Monday’s stock-market tumble an overreaction. What to watch now.
Tom Lee, one of the more optimistic voices on Wall Street, says that the stock-market drop on Monday was an overreaction as he points to key events this week that could stabilize indexes.MarketWatch - 1d -
March’s dizzying stock-market drop could be a buying opportunity — so long as this doesn’t happen
The speed with which stocks have slumped over the past few weeks has taken many by surprise. Just two-and-a-half months earlier, investors had been celebrating a second straight year of blockbuster ...MarketWatch - 6h -
Tesla’s stock may be bouncing, but this analyst explains why you should keep selling
One reason Tesla investors should sell into the stock’s recent bounce is because of all the “political noise” surrounding Chief Executive Elon Musk, one analyst says.MarketWatch - 3h -
Tesla stock is falling because Elon Musk’s stock is falling
The company is valued more as a moonshot rather than a carmakerFinancial Times - 1d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 2d -
Dent, Northern Illinois beat Central Michigan 83-81 in double OT
James Dent Jr. scored 36 points to lead the Northern Illinois Huskies, including the game-winning jump shot with one second remaining in double overtime, and the Huskies defeated the Central ...ABC News - 4d -
Duke to No. 1 in men's poll for first time since '21
Duke has moved into the No. 1 spot in the AP Top 25 men's basketball poll, with Houston jumping to No. 2 ahead of three SEC teams as championship week arrives.ESPN - 2d -
49ers cut DT Maliek Collins
The 49ers are releasing veteran defensive tackle Maliek Collins, according to multiple reports.Yahoo Sports - 3d -
The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - 2d -
Toffee apple pie latte? It’s time to spike your coffee order
Shake up your Americano with these kooky caffeine hitsFinancial Times - 11h -
‘The White Lotus’ Friendship Triangle Resonates With Viewers
On “The White Lotus,” a certain triangle is hitting home with viewers.The New York Times - 9h -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 2d -
Maggie Haberman: Stock market drop not something Trump, aides can ‘explain away’
New York Times political correspondent and CNN contributor Maggie Haberman said the drop in the stock market is not something President Trump or his aides can “explain away.” Haberman joined CNN’s ...The Hill - 1d -
Oracle won some big cloud contracts. Here’s why its stock is falling.
Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about ...MarketWatch - 22h -
TGL Golf, Unrivaled TV Ratings Don’t Tell Full Story of First Seasons
Failure’s not too hard to spot. Success? That’s a little harder to pin down. In sports, catastrophic failure has its own specific gravity, so much so that we can evoke some of the most ...Yahoo Sports - 5d -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - 5d -
'The Last of Us' cast rates how hard they work to avoid spilling Season 2 spoilers
The cast of 'The Last of Us' Season 2 discusses where we find their characters, the series' political themes and how keeping the plot of the highly anticipated series under wraps.Los Angeles Times - 3d -
UK hotter than Costa del Sol on warmest weekend of the year
Temperatures topped 19.7C this weekend in Crosby near Liverpool but cold weather is back in the forecast.BBC News - 3d -
Trump’s Policies Have Shaken a Once-Solid Economic Outlook
Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.The New York Times - 2d