Why Fed Bets Were So Out of Whack Waller Explains What Put Him over the Edge for A Jumbo Rate Cut

Zheng out in biggest Melbourne shock so far

Zheng Qinwen admits it was not her day as she was beaten in the Australian Open second round in the biggest shock of the tournament so far.

BBC News - 2h

A global bond sell-off is deepening as investors pare Fed rate-cut expectations

A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.

CNBC - 16h

Wall Street stocks waver after robust US data puts brake on rate cut bets

Treasury yields rise to highest level since late 2023

Financial Times - 1d

What's the CD interest rate forecast for 2025?

Planning to open a CD account? It may help to know where experts say CD rates could head this year.

CBS News - 1d

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - 3d

Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.

Rates were supposed to go down — but a strong U.S. economy is getting in the way.

MarketWatch - 3d

Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025

U.S. stocks are down so far in 2025 as market volatility climbs.

MarketWatch - 3d

Traitors’ Jack explains why he got off the train

BBC News - 4d

Surprising December jobs growth is denting chances of a first-half Fed rate cut

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...

MarketWatch - 4d

Carson Beck transfers to Miami: Why Hurricanes were obvious landing spot for ex-Georgia QB out of portal

Miami hopes Beck follows in the footsteps of Cam Ward with a breakout season under center in 2025

CBS Sports - 4d

Strong December job growth could augur fewer Fed interest-rate cuts

Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.

CBS News - 4d

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - 4d

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.

NBC News - 5d

Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.

CNBC - 5d

Why two Fed officials doubt the need for many more rate cuts

One official warned that “progress on inflation could continue to stall.”

MarketWatch - 5d

What makes the Santa Ana winds so destructive?

The Santa Ana winds become particularly dangerous when combined with other climate conditions such as drought, which increases the risk of wildfires like the ones currently raging in the Los ...

NBC News - 5d

Guantánamo Bay Explained: The Costs, the Captives and Why It’s Still Open

Just 15 men remain at the prison, down from hundreds when it opened 23 years ago. But the costly operation could go on for years.

The New York Times - 5d

Anti-Trump former Georgia official on getting kicked out of state GOP: 'What took them so long?'

Former Georgia Lt. Gov. Geoff Duncan (R), among the party's highest-profile critics of President-elect Trump, responded to getting kicked out of the Georgia Republican Party on Thursday by asking ...

The Hill - 5d

Cutting out alcohol for "Dry January"

Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.

CBS News - 5d

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial 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

What's a good CD interest rate in 2025?

CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.

CBS News - 6d

Fed’s Waller sees cooler inflation despite higher forecasts

Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...

The Hill - 6d

What factors drive mortgage loan interest rates?

The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.

CBS News - 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

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

Trump's unpredictable streak puts Asia on edge

Adm. Samuel Paparo, commander of all U.S. naval forces in the Indo-Pacific, was tongue-tied. Addressing a conference of military and national security professionals in November, he stumbled and ...

The Hill - 6d

Elon Musk is boosting the AfD. But why is Germany’s mainstream helping him?

After years of politicians and media figures normalising far-right ideas, the billionaire’s meddling is falling on fertile ground. When Elon Musk endorsed the far-right Alternative für Deutschland ...

The Guardian - Jan. 8

London has the highest birth rates among over-40s. But what’s driving the shift?

Housing costs, career focus and access to IVF has driven people to delay parenthood in the capital

Financial Times - Jan. 8

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 future

CBS Sports - Jan. 7

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

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

Dani Olmo's Barcelona situation explained: Why can't he play in La Liga and why wasn't he registered?

The talented Euro 2024 winner's future with the team is now in question after this latest development

CBS Sports - Jan. 5

What Explains the Resurgence of the N.F.L. Running Back?

It’s not a miracle, but it seems like one.

The New York Times - Jan. 4

‘Sending talent over the edge’: How Freddie the Falcon’s wild stunts have made him Atlanta’s MVP this season

Fly alongside Freddie the Falcon, Atlanta's daredevil mascot.

Yahoo Sports - 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