Top Fed Officials Leave Door Open for Large Interest Rate Cuts If Data Worsens

US corporate bankruptcies hit 14-year high as interest rates take toll

Consumer companies such as Party City hit by persistent inflation and weak spending

Financial Times - Jan. 7

Michael Barr to Leave His Role as Fed Vice Chair for Supervision

Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.

The New York Times - Jan. 7

Are the new personal data rules workable?

Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantra

Financial Times - Jan. 7

Eager for what's 'Next,' Xavi opens up about his rise to the top

With the release his debut album, 'Next,' up-and-comer Xavi shares a robust look into his world of "música Mexicana fusions." The 20-year-old singer-songwriter of 'La Diabla' fame dishes on his ...

Los Angeles Times - Jan. 6

HELOC interest rate pros and cons to know for 2025

A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.

CBS News - Jan. 6

Fed official delivers a blunt message to the stock market — which ignores it

Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.

MarketWatch - Jan. 6

Why bank stocks care that Michael Barr is stepping down as top Fed banking cop

As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.

MarketWatch - Jan. 6

Michael Barr to step down as Fed’s top Wall Street regulator

US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor

Financial Times - Jan. 6

Firm completes 'really interesting' zoo project

Yahoo News - Jan. 6

Fed’s top bank cop to step down, averting potential clash with Trump

Politico - Jan. 6

Congress to Certify Trump’s Election, With Memories of Riot Looming Large

A joint session of the House and Senate is set to convene at 1 p.m. to perform a ritual that was once considered ceremonial and uneventful.

The New York Times - 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

1 person killed in large avalanche in western Wyoming backcountry

An avalanche killed one skier and injured another after the group they were in triggered the large snowslide while ascending a mountain in western Wyoming.

NBC News - Jan. 6

Trump's plans to pardon Jan. 6 defendants remain largely a mystery

WASHINGTON — Four years after supporters of Donald Trump stormed the U.S.

NBC News - Jan. 6

Chris Mason: Musk looms large over UK as MPs return for 2025

Another year in Westminster has got off to an explosive start after the tech billionaire's intervention.

BBC News - Jan. 6

Thousands protest in Montenegro to demand ouster of top security officials over mass shooting

Several thousand people have participated in street protests in Montenegro

ABC News - Jan. 5

Tilda Swinton on portraying a life's end in "The Room Next Door"

In Pedro Almodóvar's acclaimed new film, "The Room Next Door," Tilda Swinton stars as a woman with a terminal cancer diagnosis who seeks to die on her own terms and timeline.

CBS News - Jan. 5

Tilda Swinton on "The Room Next Door"

In Pedro Almodóvar's acclaimed new film, "The Room Next Door," Tilda Swinton stars opposite Julianne Moore as a woman with a terminal cancer diagnosis, who seeks to die on her own terms and ...

CBS News - Jan. 5

As the Taliban open their doors to tourism, they are closing windows on women | Catherine Bennett

Specialist travel companies are using euphemisms to avoid the gender apartheid. Having denied Afghan women jobs, education and free movement, ordered them to be totally covered, banned them from ...

The Guardian - Jan. 5

A very nice man is interested in me, but I don’t feel a spark

Why not see what happens when you prioritise someone who offers you stability and decency?. The question Last year I joined a choir where I became friends with a very nice man. Two months ago, ...

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

Feds find bomb-making material in home of New Orleans attacker

New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...

CBS News - Jan. 3

Top Fed official warns of US inflation risk after Trump takes power

Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffs

Financial Times - Jan. 3

JetBlue fined $2 million by feds for "chronic flight delays"

JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.

CBS News - Jan. 3

It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo

For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presents

ABC News - Jan. 3

USA's Cardoso 'motivated' by transfer interest

Constant transfer speculation is giving Real Betis midfielder Johnny Cardoso extra motivation to play at his best, according to the United States international.

ESPN - 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

EU’s energy fixation has left water crisis unchecked, top official warns

Environment commissioner Jessika Roswall says bloc must urgently address water shortages affecting business

Financial Times - 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

Slovakia threatens to cut benefit for Ukrainians

Yahoo News - Jan. 3

Slovakia threatens to cut benefit for Ukrainians

A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.

BBC News - Jan. 2

Lenny Randle, ‘Most Interesting’ Major Leaguer, Is Dead at 75

His career was defined by bizarre episodes — blowing a rolling ball foul, knocking down a pitcher and being at bat when the lights went out in New York City.

The New York Times - Jan. 2

2025 NFL QB market: Top free agents, trade targets, cut candidates, projected landing spots, contracts, more

Playing matchmaker for big names and needy teams

CBS Sports - Jan. 2

Real estate trends for 2025: Regional sales, interest rates, more

From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.

NBC News - Jan. 2