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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 - 23h -
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 - 1d -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - 2d -
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 tariffsFinancial Times - 4d -
By blaming Biden for the New Orleans attack, Trump may be setting himself up for failure
Trump has blamed Biden for the attack in New Orleans. But the president-elect risks facing similar criticism if an attack happens while he is in the White House.NBC News - 4d -
Meta replaces policy chief Nick Clegg with former Republican staffer Joel Kaplan ahead of Trump inauguration
It's the latest sign of how tech companies are positioning themselves for a new administration in Washington.CNBC - 5d -
Schumer backs Wikler for DNC chair
Senate Majority Leader Chuck Schumer (D-N.Y.) announced Thursday that he’s throwing his support behind Ben Wikler, the chair of the Democratic Party of Wisconsin, to take the helm of the Democratic ...The Hill - 5d -
Republican-run states see opportunity to push extreme policies under Trump
Emboldened red states could advocate for rightwing reforms from steep tax cuts to slashes to education. Republican state lawmakers and conservative leaders around the United States see Donald ...The Guardian - 6d
More from Inc.
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2024 Tried to Kill DEI. Could Costco Launch a Revival in 2025?
Conservative activists have successfully convinced companies such as McDonald’s and Walmart to shut down their DEI programs. Costco said no.Inc. - 3h -
Labor Board Says Google Should Have to Bargain With Contractors’ Union
A National Labor Relations Board complaint says that as a joint employer of workers from IT staffing firm Accenture Flex, the tech giant should be obliged to negotiate with its union.Inc. - 6h -
Paul Atkins, Tapped to Lead SEC, Likely to Go Easier on Wall Street Enforcement Actions
Trump’s pick, a former top official at the Securities Exchange Commission now likely to hold its top job, has a track record of resisting penalties for compnaies and individuals.Inc. - 6h -
A Nvidia AI Supercomputer Could Be Yours for Just $3,000
The machine, set to come out in May, is called Project Digits. It packs a petaflop of computing power.Inc. - 7h -
Nvidia Founder Jensen Huang Unveils Next-Gen AI and Gaming Chips at CES 2025
The Blackwell-powered GeForce RTX 50 Series desktop and laptop graphics processors were a highlight of the massive tech trade show underway in Las Vegas.Inc. - 7h
More in Business
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Delta links its loyalty program to Uber, ending partnership with Lyft
Starting this spring, Delta SkyMiles members will be able to earn loyalty points for Uber rides.CNBC - 23m -
McDonald’s new McValue menu foreshadows cheaper fast food elsewhere — and more struggles for chains, analysts say
After fast-food chains tried to win over inflation-weary customers with discounts last year, McDonald’s Corp. kicked off 2025 with yet another deal, launching its new “McValue” menu intended to ...MarketWatch - 49m -
OpenAI CEO Sam Altman denies sexual abuse allegations made by his sister in lawsuit
In a lawsuit filed in Missouri, Sam Altman's sister has accused the OpenAI CEO of years of sexual abuse. Altman denied the claims.CNBC - 1h -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - 1h -
Holidays and higher egg prices lift Cal-Maine’s results and stock
Results reflected ‘seasonal boost leading up to the Thanksgiving holiday’ as well as higher prices due to bird-flu outbreakMarketWatch - 1h