Fed Officials Were Divided over Big Rate Cut in September
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European Central Bank heads for last rate cut of year — but jumbo move seems off the table
The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.CNBC - Dec. 11 -
Debate Over Hegseth’s Fitness Highlights a Gender Divide in the Senate
As many of the Senate’s Republican men dismiss allegations against President-elect Donald J. Trump’s pick to lead the Pentagon, only a small group of G.O.P. women have voiced even a hint of ...The New York Times - Dec. 11 -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - Dec. 10 -
Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’
Republican control of Washington and a tax bill next year have corporate America excited — and on edge.The New York Times - Dec. 10 -
Surprise RBI governor pick signals India may cut rates as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.CNBC - Dec. 10 -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
Strikes hit Volkswagen plants across Germany in showdown over cuts
Yahoo News - Dec. 9 -
Ducks outlast PSU, 'take over' as Big Ten champs
In its first year in the Big Ten, Oregon "took over the conference," outlasting Penn State 45-37 to win the Big Ten championship and likely secure the Ducks the top seed in the College Football ...ESPN - Dec. 8 -
Arizona State makes College Football Playoff with 45-19 win over Iowa State in Big 12 title game
Big 12 newcomer Arizona State will represent the conference in the 12-team College Football PlayoffABC News - Dec. 8 -
MW commish: Boise St. merits bye over Big 12
Mountain West Conference commissioner Gloria Nevarez backed Boise State's bid to get a first-round bye in the CFP over Big 12 champion Arizona State, something Big 12 counterpart Brett Yormark ...ESPN - Dec. 8 -
Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns
Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidencyFinancial Times - Dec. 8 -
Joe Root’s 36th Test century helps England claim series with big win over New Zealand
Second Test: England 280 & 427-6d; NZ 125 & 259 Tom Blundell hits consolation hundred for hosts England could scarcely have been made to feel more welcome in New Zealand, be it a warm-up game ...The Guardian - Dec. 8 -
Justin Thomas with big drives and a few big putts takes 1-shot lead over Scheffler in the Bahamas
Justin Thomas has a one-shot lead over Scottie Scheffler going into the final round of the Hero World Challenge in the BahamasABC News - Dec. 7 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - 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 -
Democrats divided over Biden talk of preemptive pardons
President Biden’s consideration of preemptive pardons for those he fears may be targeted under a coming Trump administration is dividing his allies and igniting pushback from the GOP. Biden has had ...The Hill - 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 -
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 -
Lonzo Ball thinks father's Big Baller Brand shoes possibly to blame for injury woes: 'They were like kickball shoes'
Big Baller Brand got an "F" from both the Better Business Bureau and Lonzo Ball.Yahoo Sports - Dec. 5 -
Former US officials alarmed over Tulsi Gabbard’s alleged ‘sympathy for dictators’
Officials blast Trump’s national intelligence director pick for lack of experience and embracing conspiracy theories. Conspiracy theories and cosying up to dictators: why intelligence experts are ...The Guardian - 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 -
South Korea's parliament impeaches 4 officials as a vote on impeaching Yoon over his martial law declaration looms
South Korea's parliament impeaches 4 officials as a vote on impeaching Yoon over his martial law declaration loomsABC News - 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 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
GOP lawmakers already divided over sweeping Trump policy bill
John Thune wants a two-step strategy that addresses immigration and energy first, and then taxes later. Key House Republicans aren’t on board that plan.Politico - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - 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 -
America’s Hidden Racial Divide: A Mysterious Gap in Psychosis Rates
Black Americans experience schizophrenia and related disorders at twice the rate of white Americans. It’s a disparity that has parallels in other cultures.The New York Times - Dec. 3 -
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 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - 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 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Supreme Court divided over FDA block on kid-friendly flavored vapes
With e-cigarette sales booming, the Supreme Court heard arguments over whether the FDA unlawfully blocked approval of more than a million new flavored nicotine products.ABC News - Dec. 2
