Powell Testimony Live Senate Panel to Quiz Fed Chair on Monetary Policy
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Trump administration sued by religious groups over immigration arrests policy
The lawsuit from more than two dozen Christian and Jewish groups contends that the new policy is spreading fear of raids, thus lowering attendance at worship services.CBS News - 11m -
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.CNBC - 30m -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 40m -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 1h -
Warren, Waters question Fed chair on proposal 'upending' bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they ...The Hill - 1h -
How Trump’s policies could destabilize the U.S. — and the world
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.MarketWatch - 1h -
10-year yield rises for fourth session as Powell remains patient with rates
U.S. government debt continued to sell off on Tuesday after Federal Reserve Chairman Jerome Powell expressed patience regarding future adjustments to the central bank’s main interest-rate target.MarketWatch - 1h -
Fed Chair Jerome Powell testifying before Congress
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...CBS News - 1h -
Chair of UK’s financial ombudsman to step down
Baroness Zahida Manzoor called for ‘radical’ shake-up of rules after the sudden departure of agency’s chief executiveFinancial Times - 1h -
Panel rules for Lore, A-Rod in Timberwolves sale
The ownership transfer of the Minnesota Timberwolves must continue as planned, after an arbitration panel ruled Monday that controlling owner Glen Taylor must cede control of the club to partners ...ESPN - 2h -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 1d -
LIVE: ABC News Live
24/7 coverage of breaking news and live eventsABC News - 1d -
Leo Olebe assumes role as chair of Games for Change
Games for Change said Leo Olebe will be the new chair of the board of directors for the nonprofit dedicated to social impact games and media.VentureBeat - 1d -
No 10 says it did not sign AI declaration as it did not reflect UK policy on ‘opportunity and security’ – politics live
UK failed to sign agreement at end of Paris summit, along with the US. There will be two urgent questions after 12.30pm: on the Clonoe inquest , which found that the SAS acted unlawfully when they ...The Guardian - 59m -
Pope criticizes Trump administration's immigration policies
Pope Francis criticized President Trump’s mass deportation plans in a letter urging compassion and the preservation of dignity for migrants in the U.S. The pope, in his letter, recognized “the ...The Hill - 3h -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 3h -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 4h -
Live updates: Trump boosts steel, aluminum tariffs; Senate set to vote on Gabbard
President Trump announed 25 percent tariffs on steel and aluminum on Monday, adding that he would also kick off reciprocal tariffs in the days after. Trump said that the steel and aluminum tariffs ...The Hill - 19h -
Treasury yields finish mixed as investors await Powell testimony, inflation data
Yields on U.S. government debt held to a tight range despite President Donald Trump’s plan to impose 25% tariffs on imports of steel and aluminum, with investors looking ahead to a busy week of ...MarketWatch - 21h -
Judge weighs extending pause on Trump's "deferred resignations" for feds
The Trump administration has offered more than 2 million federal workers the option of resigning their positions and retaining full pay and benefits until Sept. 30.CBS News - 21h -
Musk on Ron Paul as Fed chairman: 'Great idea'
Elon Musk in a post on X appeared to back conservative commentator Charlie Kirk's suggestion that former Rep. Ron Paul (Texas) replace Jerome Powell as chairman of the Federal Reserve. “Great ...The Hill - 22h -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 1d -
Super Bowl Quiz: How Closely Did You Watch Philadelphia’s Win?
These questions will test your knowledge of the Eagles’ performance and how it fits into N.F.L. history.The New York Times - 1d -
UK lacks coherent rural policy, says environment committee chair
Alistair Carmichael calls on government to engage with ‘disaffected’ communities as farmers set for latest protestFinancial Times - 1d -
Yrjö Kukkapuro, renowned Finnish chair designer, dies aged 91
‘Almost every Finn has sat on a chair he designed,’ his studio says, with his postmodern creations gracing galleries around the world. Yrjö Kukkapuro, a renowned Finnish designer whose postmodern ...The Guardian - 1d -
Trump policies challenged on passports, gender-affirming care for minors
A group of transgender people sued in federal court over an order that led to the halting of allowing gender markers to be changed on passports and barring the use of the "X" marker used by many ...CBS News - 2d -
Transgender, nonbinary people sue Trump administration over passport policy
A new lawsuit accuses the State Department of freezing document changes for transgender or nonbinary people.ABC News - 3d -
Reaching the Super Bowl Is Hard. So Is Our N.F.L. Postseason Quiz.
The conference championship weekend matchups bring more than just quarterback storylines to the table.The New York Times - 3d -
Trump to fire multiple Kennedy Center board members, name himself chair
President Trump did not say which board members at the Kennedy Center he plans to terminate.CBS News - 3d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 3d -
Transgender Americans sue over Trump passport policy
Seven transgender or non-binary Americans sued the Trump administration Friday over its new policy preventing people from obtaining passports with sex designations that match their gender ...The Hill - 3d -
Trump to name himself new Kennedy Center board chair
President Trump said Friday he would end the terms of multiple members of the Kennedy Center board and make himself chair of a new board, putting himself at the helm of the Washington, D.C., ...The Hill - 3d -
Andrew aide asks court to withhold testimony on alleged spy
Dominic Hampshire said he would not have given evidence had he known it could be made public.BBC News - 3d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 3d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d -
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.The New York Times - 4d -
Feds Halt the National Electric Vehicle Charging Program
The US government has ordered states to retract their plans to build hundreds of federally funded EV charging stations, according to a memo obtained by WIRED.Wired - 4d