Jumbo 50 Basis Points Fed Rate Cut Should Not Raise Alarm Analyst Says
Sort by
Date
-
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.MarketWatch - 6d -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - 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 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - 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 -
Special counsel's Trump report should be partially released, DOJ says
The Justice Department told a federal appeals court that the portion of special counsel Jack Smith's report on his investigation involving the 2020 election should be released to the public.CBS News - 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 -
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 - Jan. 8 -
Jimmy Carter demonstrated how former presidents should live, ex-Biden aide says
Members of Congress Tuesday took part in a memorial for the late President Jimmy Carter. Meghan Hays, former director of message planning in the Biden administration, and Maura Gillespie, former ...CBS News - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
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. - Jan. 7 -
Trump Jr arrives in Greenland after dad says US should own the territory
The president-elect has said Denmark's territory "will benefit tremendously if, and when, it becomes part of our nation".BBC News - Jan. 7 -
GTA 6 Could Set "New Industry Standards," Analyst Says
Grand Theft Auto VI is set for release later this year and it's expected to be among the biggest launches of the year. One analyst has now said the game is so momentous that it could "reshape the ...GameSpot - Jan. 7 -
Bank of America’s stock could go up 20% in 2025, says this analyst
UBS’s Erika Najarian upgrades Bank of America to buy from neutralMarketWatch - Jan. 7 -
Derek Carr says he won't take a pay cut to remain with Saints: 'Especially with what I put on tape'
Questions remain about Carr's futureCBS Sports - Jan. 7 -
Democrats under fire for not sounding alarm earlier on Biden
Democratic leaders and lawmakers are coming under growing scrutiny for not blowing the whistle sooner on what is widely perceived to be President Biden’s decline during the final two years of his ...The Hill - Jan. 7 -
Derek Carr says he won't take a pay cut for 2025
When the Saints signed quarterback Derek Carr two years ago after he was released by the Raiders, the contract was structured as a two-year guarantee with a team option thereafter.Yahoo Sports - Jan. 7 -
Chewy is entering ‘beast mode,’ with more than 50% upside ahead, says analyst
Chewy Inc. is well-positioned for a strong 2025, according to Mizuho Securities, which has upgraded the online retailer of pet products to outperform.MarketWatch - Jan. 6 -
Analysts embrace ServiceTitan’s market-share potential in parade of buy ratings
The software maker for blue-collar businesses, which recently went public, draws “buy” or “overweight” ratings from at least six analysts.MarketWatch - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - 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 -
China’s drive to give Taiwanese visitors local IDs alarms Taipei
Officials fear jurisdiction will be compromised and push could open door for Beijing to intervene in its domestic affairsFinancial Times - Jan. 6 -
Musk says UK's Farage should not be Reform party leader
Tech billionaire Elon Musk said Sunday that British politician Nigel Farage should not be the Reform U.K. party’s leader. “The Reform Party needs a new leader,” Musk said in a post on the social ...The Hill - Jan. 5 -
Schiff says Kash Patel 'should not be confirmed'
Sen. Adam Schiff (D-Calif.) said Kash Patel, who was tapped as President-elect Trump’s nominee to lead the FBI, should not be confirmed by the Senate. Schiff joined NBC News's "Meet the Press" on ...The Hill - Jan. 5 -
Legal aid cuts deny parents their human rights, says ex-supreme court president
Exclusive: David Neuberger believes lack of access to state-funded lawyers for family disputes is ‘wrong in principle’. The former president of the supreme court has said parents are being deprived ...The Guardian - Jan. 5 -
Impoverished authors are told they should do it for the love. Try saying that to a dentist | Gareth Rubin
The average income for a writer is now £7,000. For our sake and the country’s, we need financial assistance. This week will be like A-level results week for authors, but with added economic ...The Guardian - Jan. 5 -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - Jan. 5 -
A bitter Hollywood divorce, an alarming cancer warning, and the arrival of Generation '??'
The U.S. surgeon general issues an alarming cancer warning, chess maestro Magnus Carlsen causes a stir, and South Korea's Jeju Airways suffers a tragedy.NBC News - Jan. 4 -
McCollum's 50 points helps the Pelicans snap an 11-game skid with a 132-120 win over the Wizards
CJ McCollum highlighted a career high-tying 50 points with 10 3-pointers in a game, and the New Orleans Pelicans snapped an 11-game losing streak with a 132-120 victory over the Washington WizardsABC News - Jan. 3 -
Jeff Bezos says everything on Earth is better than it was 50 years ago—except for 1 thing
Amazon founder Jeff Bezos says the "good old days" are a myth, and everything is getting better — except for the state of Earth's natural environment.CNBC - Jan. 3 -
Microsoft May Bring "All Their Big Games" To PS5, Analyst Says
According to a veteran video game industry analyst, 2025 could be the year that Microsoft goes "all-in" on bringing its Xbox games to other platforms, including PlayStation 5. Microsoft, of course, ...GameSpot - Jan. 3 -
Alcohol should carry warning label for cancer risk, US surgeon general says
Advisory warns alcohol is third leading preventable cause of cancer in US and seeks to raise consumer awareness. Alcohol use is the third leading preventable cause of cancer in the US after ...The Guardian - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Why teams should go for two to win rather than kick extra point to tie more often
The Falcons and Broncos suffered costly overtime losses in Week 17 after opting to kick game-tying extra pointsCBS Sports - Jan. 2 -
Iran’s brain drain is happening at an alarming rate
The country’s loss of human capital underscores systemic problemsFinancial Times - Jan. 1 -
Secrets of an airline points millionaire
How far will you travel to collect Avios and EuroBonus points in 2025?Financial Times - Jan. 1