Jamie Dimon Only 5 of Everyday Americans Probably Know about the Feds Historic Interestrate Cut
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Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 6h -
Who Will Succeed Jamie Dimon? Contenders Narrow After JPMorgan Names Jennifer Piepszak as C.O.O.
Jennifer Piepszak will become chief operating officer of JPMorgan, and said she would not seek the chief executive’s job. The current C.O.O., Daniel Pinto, plans to retire.The New York Times - 7h -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - 10h -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - 12h -
A global bond sell-off is deepening as investors pare Fed rate-cut expectations
A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.CNBC - 15h -
JPMorgan reshuffles Jamie Dimon’s top lieutenants
Jenn Piepszak replaces Daniel Pinto as chief operating officer at US’s biggest bank but will not seek to succeed chiefFinancial Times - 12h -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 2d -
Extended interview: Jamie Dimon
What does it mean for the U.S. economy to be the envy of the world? Jamie Dimon, the chairman and CEO of JPMorganChase, the largest bank in America, talks with "60 Minutes" correspondent Lesley ...CBS News - 2d -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 2d -
High five or high dive? What we know about stock returns in years ending in ‘5.’
History suggests that 5 is the market’s lucky number — just don’t bet on it.MarketWatch - 3d -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - 3d -
'Nothing changes; there is only money': Cut from LIV, former winner shares frustration
Eugenio Chacarra, 24, intends to chase a PGA Tour card once his suspension ends in September.Yahoo Sports - 4d -
5 looming questions about California's devastating wildfires
An infernal barrage of blazes continues to ravage the Los Angeles metropolitan region, where the death toll has now risen to at least 10 individuals. While authorities have yet to identify precise ...The Hill - 4d -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 4d -
What to know about Trump's criminal sentence
President-elect Donald Trump received a sentence of unconditional discharge in the New York "hush money" case. CBS News' Katrina Kaufman and Aaron Navarro report.CBS News - 4d -
What to know about CD accounts this January
Not sure if a CD account is still worth opening this month? Here's what to know now.CBS News - 4d -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 4d -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 4d -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - 5d -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - 5d -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - 5d -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - 6d -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 6d -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 6d -
What we know about the wildfires in California
The Palisades Fire, the Eaton Fire, the Hurst Fire and the Woodley Fire are raging in Los Angeles County and thousands of California residents were forced to evacuate. Ryan Hill, a general manager ...CBS News - 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 -
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 -
What you need to know about HMPV
Pictures from China, where cases of the virus are surging, have people worried on social media.BBC News - Jan. 7 -
What to know about the HMPV virus reported in China
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.CBS News - Jan. 6 -
5 things to know about Canada's political crisis
Canadian Prime Minister Justin Trudeau’s resignation on Monday signals the extent of the unpopularity facing the country’s progressive Liberal Party, which has dominated its politics for decades, ...The Hill - Jan. 6 -
What to know about the 2024 election certification process
The 2024 election results certification process is underway on Capitol Hill four years after the Jan. 6, 2021, riots in Washington, D.C. CBS News' Scott MacFarlane, Nicole Sganga, Nikole Killion ...CBS 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 -
What to know about Venezuela's upcoming presidential inauguration
The next presidential term in Venezuela is set to begin Friday, when the ruling party-controlled congress will host a swearing-in ceremony for President Nicolás MaduroABC News - Jan. 6 -
Americans know little about Thune as he prepares to lead Senate GOP: Survey
Americans know very little about the new Senate Majority Leader John Thune (R-S.D.) as he prepares to lead the Senate that will operate under a Republican majority, according to a survey that was ...The Hill - Jan. 5 -
5 things we know and still don't know about COVID, 5 years after it appeared
Five years after the virus that causes COVID emerged in China it still holds some mysteriesABC News - Jan. 2 -
What to Know About ISIS Terror Attacks
The group whose flag was found after a New Orleans truck-ramming attack has never stopped orchestrating and inspiring acts of terror.The New York Times - Jan. 2 -
What to know about the Sugar Bowl 2025
The Sugar Bowl, postponed after a tragic New Year's Day terror attack in New Orleans, will now kick off today at 3 p.m. CST.CBS News - Jan. 2 -
5 things we know and still don't know about COVID, 5 years after it appeared
Five years after the virus that causes COVID emerged in China it still holds some mysteriesABC News - Jan. 2 -
What to know about the investigation into the New Orleans attack
Investigators are questioning those who knew the New Orleans attacker, in search of possible accomplices. No arrests have been made, though, as the FBI and local law enforcement continue their ...CBS News - Jan. 2
