Fed’s Schmid warns against rate cuts in response to weaker outlook
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Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
Krispy Kreme’s stock heads for a new low as company warns of weaker revenue
Krispy Kreme Inc.’s stock was down more than 23% Tuesday and heading toward a new low, weighed down by the doughnut maker’s fourth-quarter results and weak full-year outlook.MarketWatch - 1d -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - 2d -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - 2h -
Macron to warn Trump against looking weak to Putin
The French president is at the White House to appeal to Trump against rushing into a deal with Russia.BBC News - 3d -
DOGE cuts could hamper U.S. response to next pandemic
Around 700 people have been laid off from the Centers for Disease Control and Prevention in recent weeks due to cuts from the Trump administration. Some public health experts are expressing ...CBS News - 1d -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - 6d -
Democrats warn of ‘largest Medicaid cut in American history’
House Democrats are ramping up their attacks on the GOP’s budget plan, warning that the massive spending blueprint would translate into the steepest Medicaid cut in the program’s history. Behind ...The Hill - 2d -
HHS warns employees that responses to Elon Musk's request may 'be read by malign foreign actors'
The Department of Health and Human Services message comes after emails from the Office of Personnel Management and a tweet by Musk caused widespread confusion.NBC News - 2d
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Here’s why the U.S. is not working to vaccinate birds against avian flu
More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?MarketWatch - 57m -
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million
Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.MarketWatch - 1h -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 1h -
AMC’s most liquid bond is rallying following the movie-theater chain’s fourth-quarter results
AMC reported better-than-expected fourth-quarter revenue this week, boosted by an improving box officeMarketWatch - 1h -
Norwegian Cruise on Trump’s call to pay U.S. taxes: It’s ‘really, really complicated’
Norwegian’s earnings show the cruise boom continued, but the outlook exposed some cracks and the stock turned lower.MarketWatch - 1h
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Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this monthCNBC - 5m -
CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
The move was one of several dismissals ordered by Trump officials that have quickly moved to dismantle the agency.The New York Times - 9m -
Trump, Musk float idea of $5,000 'DOGE dividend' checks. Here's what experts say
As the Department of Government Efficiency looks to make massive spending cuts, there's talk of sending some of the money back to Americans.CNBC - 23m -
US to raise tariffs on China and push ahead with Canada and Mexico levies
Donald Trump says duties on biggest trading partners to take effect on March 4Financial Times - 35m -
Replies to Musk’s ‘5 Things’ Email to Federal Employees Turn Angry, Snarky, and Crude
Public threats to fire workers are a great way not to get millions of staffers on your side, as thousands of scathing, sometimes X-rated responses show.Inc. - 46m