Why the Us Economy Is Still Strong Despite the Feds 202223 Rate Hikes
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Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Does Notre Dame still need to join a conference? | College Football Enquirer
On today's episode of The College Football Enquirer, Dan Wetzel, Ross Dellenger and SI's Pat Forde discuss the latest buzz coming from media days at the Orange Bowl. Specifically, they discuss ...Yahoo Sports - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Robots haven't taken over yet, but AI investments are powering more of the economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.NBC News - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Mark Cuban: I'd rather own bitcoin than gold if something bad happens to the economy—'I think it has more value'
Billionaire investor Mark Cuban says bitcoin can function as a store of value and a currency in case of economic turmoil. It even has some advantages over gold.CNBC - Jan. 8 -
Tax refund delays still plague millions of Americans, report says
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.CBS News - Jan. 8 -
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 - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - Jan. 8 -
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 - Jan. 8 -
Ancelotti 'very happy' with Vini Jr. despite ban
Carlo Ancelotti has backed Vinícius Júnior after the Real Madrid forward's two-game ban following his sending off against Valencia last week.ESPN - Jan. 8 -
Bill Belichick has no plans on returning to NFL despite Tom Brady reaching out about Raiders job, per reports
It looks like there won't be a reunion in Las VegasCBS Sports - Jan. 8 -
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 - Jan. 8 -
MLB rumors: Alex Verdugo draws interest from contenders despite down year, Red Sox eye relief help
Here are your hot stove rumors for Wednesday, Jan. 8CBS Sports - Jan. 8 -
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 - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
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. - Jan. 8 -
First-time NBA All-Stars? These hopefuls have strong cases
Let’s take a look at some contenders, including Victor Wembanyama, who could make their All-Star debuts this February.Yahoo Sports - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
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 - Jan. 8 -
Strong winds fuel Eaton Fire in California, forcing evacuations
In Pasadena, California, the Eaton Fire prompted mandatory evacuations. It was the second brush fire that exploded on Tuesday, fueled by strong winds.CBS News - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
Samsung’s revival still hangs on winning Nvidia’s AI custom
South Korean group is one of only a few chipmakers with the ability to produce memory chips essential for AI applicationsFinancial Times - Jan. 8 -
Overtime Still Showtime as Kane Lifts Red Wings over Ottawa
Patrick Kane proves his star power once more with the overtime winner as the Red Wings pick up their fifth straight win and crawl back to .500 for the seasonYahoo Sports - Jan. 8
