Why the Us Economy Is Still Strong Despite the Feds 202223 Rate Hikes
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U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
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 - Jan. 10 -
Delta Air is betting on a strong 2025 driven by demand for premium travel
Delta Air Lines Inc.’s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.MarketWatch - Jan. 10 -
Jonathan David's time to move away from Lille is now: Why Canada star could use fresh start
Ligue 1-based Canadian star is understandably a target for big European sides as his contract runs downCBS Sports - Jan. 10 -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - Jan. 10 -
Why are US supreme court justices starting to sound like Trump? | Moira Donegan
The justices are increasingly operating by the sheer force of raw power. That should trouble us all. We’re supposed to believe that it was about a job interview. On Tuesday, president-elect Donald ...The Guardian - Jan. 10 -
The '9/11 mastermind' wants to plead guilty. Why is the US trying to stop him?
The accused mastermind of the 9/11 terror attacks will no longer plead guilty on Friday, after the US government objected.BBC News - Jan. 10 -
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 - Jan. 9 -
Everton, P'borough clash to go ahead despite snow
Everton's FA Cup third-round match against Peterborough on Thursday night is set to go ahead despite icy conditions on Merseyside.ESPN - Jan. 9 -
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 - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
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 - Jan. 9 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
Doc Rivers explains why the Bucks are benching Khris Middleton despite his impressive numbers as a starter
Middleton is averaging 15.7 points, 5.4 rebounds and 4.9 assists on 51.2% shooting as a starter this seasonCBS Sports - Jan. 9 -
The dangerous combination fueling the L.A. fires: Exceptional dryness and strong winds
Prolonged drought, an exceptionally dry winter and powerful Santa Ana winds set up a dangerous triple whammy of extreme conditions that have fueled several out-of-control wildfires in the Los ...NBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
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 -
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 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 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 -
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 -
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 -
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 -
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 -
Europe can still win in AI despite US dominance, says Skype co-founder
Niklas Zennström believes continent can thrive by developing applications on top of artificial intelligence modelsFinancial Times - Jan. 8 -
Fast-moving wildfire destroys homes as strong winds hit southern California
Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...The Guardian - Jan. 8 -
Strong winds fuel rapidly expanding wildfires in Southern California
A combination of hurricane-force winds and dry vegetation is fueling wildfires that are rapidly spreading in Southern California. Thousands have had to evacuate, some forced to abandon their cars ...CBS News - Jan. 7 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Democrats still underestimate Trump
Despite his greatest political win, and arguably America’s greatest presidential recovery, Trump’s opponents continue to act as though his success is a fluke.The Hill - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
When the blizzard hits, why are we still commuting?
As Winter Storm Blair wreaks havoc across the U.S., the lack of leadership in promoting remote work is frustrating and could have saved lives, reduced economic disruption and maintained normalcy.The Hill - Jan. 7 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
Why China’s industrial giants won’t be damaged by latest US blacklisting
Being placed on the Chinese military blacklist does not carry specific penalties or immediate bansFinancial Times - Jan. 7 -
Another year of big wage hikes likely at big Japan firms, business lobby chair says
Yahoo News - Jan. 7 -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7
