Top Fed Official Open to December Cut But Warns on Inflation Progress

Top Fed official warns progress on taming US inflation ‘may be stalling’

Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data

Financial Times - 1h

Top Fed official warns progress on taming US inflation ‘may be stalling’

Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data

Financial Times - 29m

Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Waller cited recent data indicating that progress on inflation may be 'stalling.'

CNBC - 2h

Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.

NBC News - 1h

Should you open a long-term CD this December?

Long-term CD accounts have been beneficial for savers in recent years. But are they still worth opening this month?

CBS News - 3h

Fed’s Waller says he supports interest-rate cut at next meeting — for now

Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.

MarketWatch - 48m

FirstFT: Nato chief Mark Rutte’s warning to Trump

Also in this newsletter, China’s chip industry hit with new US export controls, and Indian steelmaker JSW to launch own EV brand

Financial Times - 18m

Will credit card interest rates fall this December?

Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.

CBS News - 4h

6 HELOC borrowing mistakes to avoid this December

Borrowing against your home equity is a smart option right now, but there are some big mistakes to avoid if you do.

CBS News - 1h

Long-time NFL official Dale Hamer dies at 87

Dale Hamer, a long-time NFL game official and then a replay official, has died.

Yahoo Sports - 5h

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. - 4h

Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There

A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.

Inc. - 3h

Lawmakers warn against Trump's Kash Patel pick for FBI director

Democrats in Congress are decrying President-elect Donald Trump's pick for FBI director. Trump announced he wants Kash Patel to take over the job but current FBI director Christopher Wray is still ...

CBS News - 2h

Trump warns of 'hell to pay' if Hamas doesn't release hostages

President-elect Trump on Monday threatened to unleash “hell” in the Middle East if hostages held by Hamas in the Gaza Strip are not released before his inauguration Jan. 20, underscoring urgency to ...

The Hill - 2h

Kids worked overnight shifts at pork processing plant, feds find

Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.

CBS News - 1h

Trump warns of ‘hell to pay’ if Israeli hostages not released by January

US president-elect’s threat comes as Gaza ceasefire talks fail to make progress

Financial Times - 1h

3 reasons to consider credit card debt forgiveness this December

This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.

CBS News - 3h

2 safe ways to use home equity this December (and 2 dangerous ones)

Home equity can be a helpful source of funding (or a dangerous one) if used in these ways this December.

CBS News - 2h

FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop

Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...

ABC News - 41m

Pres. Biden’s pardon for Hunter was always an ‘open’ option despite public denials

President Biden issues a full and unconditional pardon of his son Hunter Biden despite repeatedly insisting he would not do so. NBC News Correspondents Ken Dilanian and Mike Memoli report on the ...

NBC News - 1h

College basketball rankings: UConn remains in AP Top 25 poll; Kentucky, Tennessee move into top five

The Huskies fell from No. 2 to No. 25 in this week's AP Top 25 rankings

CBS Sports - 3h

Images of new electric Jaguar car leak out before official Miami unveiling

Spokesperson says firm aware of pictures circulating online – but it is unclear how accurate they are. Leaked images of Jaguar’s much-hyped electric concept car have appeared hours before the ...

The Guardian - 3h

Feeding grazing cows seaweed could cut their methane emissions by nearly 40 percent: Study

Supplementing the diets of grazing beef cows with seaweed in pellet form could cut their methane emissions by almost 40 percent, a new study has found. The seaweed pellets led to this plunge in ...

The Hill - 2h

Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts

One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...

MarketWatch - 55m

Raskin launches challenge to Nadler for top Democratic spot on Judiciary panel

Rep. Jamie Raskin (Md.) launched a bid to be the top Democrat on the House Judiciary Committee on Monday, challenging Rep. Jerrold Nadler (D-N.Y.) for the post on the powerful panel. The ...

The Hill - 3h

Jamie Raskin challenges Jerry Nadler for top Democratic spot on House Judiciary panel

Rep. Jamie Raskin, who served as the lead Democratic prosecutor in Donald Trump's second impeachment trial, will challenge Rep. Jerry Nadler for House Judiciary chairman.

NBC News - 1h