Powell Says Us Economy Is in Solid Shape and the Fed Intends to Keep It That Way
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For Syria’s Economy, the Way Forward Starts With Sanctions Relief
Years of strife ruined the energy sector, battered the currency and strangled growth. The West must ease financial controls to help the economy, experts say.The New York Times - 1d -
China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
China's one-year loan prime rate remained unchanged at 3.1%, with the five-year LPR at 3.6%.CNBC - 2d -
Flawed predictions shaped recent market losses, Jim Cramer says
CNBC's Jim Cramer reviewed recent market action, saying some of the downturn over the past several sessions was due to faulty predictions.CNBC - 2d -
Fed Chair Powell Just Gave the Bull Market a Gut Check
The central bank cut rates while warning investors that inflation and monetary policy will stay higher for longer than anticipated.Inc. - 2d -
Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...CBS News - 3d -
What’s On Powell’s To-Do List in Last Full Year as Fed Chief?
The head of the central bank has quite a lot to do before his term ends, with finishing the economy’s soft landing and taming inflation as major priorities.Inc. - 3d -
Watch live: Powell gives remarks on expected interest rate cut, Fed's 2025 outlook
Federal Reserve Chair Jerome Powell is set to hold a briefing Wednesday afternoon as the central bank is set to cut interest rates for a third time. The decision comes as inflation picked up ...The Hill - 3d -
Bragg says Mangione ‘intended to evoke terror’ in CEO shooting
Manhattan District Attorney Alvin Bragg (D) said the suspect in the UnitedHealthcare CEO killing “intended to evoke terror" in comments he made during a Tuesday press conference. Bragg announced ...The Hill - 4d -
Retail sales jump on strong auto and internet buying. Economy in good shape for holiday season.
There’s no quit in American shoppers. Retail sales rose faster than expected at the start of the holiday shopping season in November and pointed to steady growth in the U.S. economy.MarketWatch - 4d -
The Fed could make an adjustment this week to keep draining liquidity into next year
Many Fed watchers think the central bank will announce a technical tweak to a second rate that is a key to Wall Street’s financial plumbing.MarketWatch - 4d -
Assad says he didn't intend to leave Syria, statement claims
In what appears to be his first reaction since fleeing Syria, the former president says Russia decided to airlift him to Moscow.BBC News - 5d -
Serbian police use mobile phone spyware to keep track of opponents and journalists, Amnesty says
Amnesty International says Serbia’s secret service and police have been spying on journalists and opposition activists by installing spyware on their mobile phonesABC News - 5d -
Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.The New York Times - 5d -
The Quickest Way to Be a More Likable Manager and Keep Employees Happy, According to Leadership Experts
Here are three conversations managers must have to kick off the new year on a high note.Inc. - Dec. 12 -
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - Dec. 11 -
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
President-elect Donald Trump's pick for Treasury secretary said Federal Reserve Chair Jerome Powell could serve out his term.CNBC - Dec. 11 -
Rockets GM Rafael Stone says they want to develop, not trade for a star: 'We do not intend to change anything'
Houston has been the subject of high-profile trade rumors, including for Kevin Durant or Jimmy ButlerCBS Sports - Dec. 10 -
Is Trump a threat to the US economy? With Larry Summers
Martin Wolf in conversation with the former US Treasury SecretaryFinancial Times - Dec. 10 -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - Dec. 9 -
Trump says he will not remove Jay Powell from Fed before term ends
President-elect also does not rule out higher inflation as a result of his tariffsFinancial Times - Dec. 8 -
Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.The New York Times - Dec. 8 -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - Dec. 8 -
Donald Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump says he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026, during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.NBC News - Dec. 8 -
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 -
Reminiscing on the Way Hockey Used to Be
From baggy nets to blue undershirts, there are artifacts from the N.H.L.’s ancient days that bring back the nostalgia.The New York Times - Dec. 6 -
US economy added 227,000 jobs in November
Rise in unemployment rate bolsters case for Federal Reserve rate cut this monthFinancial Times - Dec. 6 -
The Big Question: is the US economy exceptional — or overhyped?
Three FT pieces this week explore the soaraway, world-beating success of American business. But can it last?Financial Times - Dec. 6 -
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.NBC News - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000
Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.CNBC - Dec. 5 -
Fed Chair Jerome Powell and Billionaires Jeff Bezos and Ken Griffin Agree: The U.S. Must Grow Its Way Out of Debt
The three heavyweights weighed in on the economy, the debt crisis, and central banking at the 2024 DealBook Summit.Inc. - Dec. 5 -
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock saidMarketWatch - Dec. 5 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - 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 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
In expanded CFP era, are conference title games on their way out? 'How this plays out could shape that'
Should SMU fall out of the bracket if it loses? Should another team benefit from sitting at home instead of playing an extra game? Conference title games are already creating headaches in the ...Yahoo Sports - Dec. 4 -
Healthy Aaron Rodgers wants to 'finish the season the right way' and keep playing for Jets
Rodgers implied that he wants to finish out the season, despite New York's strugglesCBS Sports - Dec. 3 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2