Latest in Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
For the month, the deficit totaled $366.8 billion, 17% higher than November 2023CNBC - 7h -
Yellen 'sorry' more progress wasn't made on deficit
Treasury Secretary Janet Yellen is concerned about the nation’s “fiscal sustainability” this week and said she’s “sorry” that “more progress” wasn’t achieved during the Biden administration. ...The Hill - 8h -
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.CBS News - 11h -
Treasury yields finish higher for second day, ahead of CPI inflation data
Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...MarketWatch - 1d -
Luke Littler trends higher than PM on Google in UK this year
The star is the top searched athlete and behind only the Princess of Wales and Donald Trump overall.BBC News - 1d -
Parents of American who disappeared in Syria 12 years ago speak out
In an interview with NBC News' Lester Holt, Marc and Debra Tice say they feel there's a better opportunity to get their son Austin home after the fall of the Assad regime in Syria. Austin Tice, a ...NBC News - 2d -
10-year Treasury yield finishes higher for first time in four sessions
Yields on U.S. government debt finished slightly higher on Monday, as traders assessed geopolitical events ranging from the overthrow of Syria’s government to China’s efforts to kick-start its ...MarketWatch - 2d -
Pimco cuts exposure to long-dated US debt as deficits swell
Decisions by the world’s biggest active bond fund manager have potential to trigger valuation changes across marketsFinancial Times - 2d -
AMD’s stock has had a weak year. Why BofA sees fresh caution for 2025 as well.
A BofA analyst downgraded AMD’s stock, warning of limitations on the company’s ability to pick up share in an AI market dominated by Nvidia.MarketWatch - 2d -
Jay-Z denies claim he sexually assaulted minor with Sean "Diddy" Combs 24 years ago
Rap mogul Jay-Z is forcefully denying claims in a new lawsuit that he and Sean "Diddy" Combs sexually assaulted a minor at a party 24 years ago. Jay-z said it's an attempt at blackmail and called ...CBS News - 2d -
10 years later: The CIA ‘Torture Report’ and America’s accountability deficit
With respect to post-9/11 torture, the U.S. has persistently dodged its obligations.The Hill - 2d -
UK business confidence falls to lowest level in almost two years after Labour budget
British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government's bumper tax-raising budget, new data showed Monday.CNBC - 2d -
Chi-Chi’s Plans Comeback More than 20 Years After Bankruptcy
Chi-Chi’s bankruptcy filing two decades ago coincided with a hepatitis A outbreak.Inc. - 3d -
California man charged with breaking out of federal prison 8 years ago
A 55-year-old fugitive who had been on the run for eight years after escaping from a federal prison in California has been caught and indicted, the U.S. attorney’s office said last week.NBC News - 3d -
Paris’ Notre Dame celebrates first Sunday Mass since fire five years ago
PARIS — Notes boomed from the meticulously cleaned grand organ, the choir’s voices echoed off of walls scrubbed clean of scorch marks, and light shone through restored stained glass windows.NBC News - 3d -
Holding cash heading into 2025? Retirees should consider this ‘guaranteed’ investment strategy in the new year.
Now could be a good time to invest in TIPS.MarketWatch - 4d -
Eye on America: Celebrating 50 years of Miss Piggy, Catholic women push for female priests
In New York, we share an exclusive interview with Miss Piggy, the iconic Muppet and feminist icon, to look back on her 50 years of stardom. Also, we take you inside a grassroots movement calling ...CBS News - 4d -
Unemployment rate jumps more than a percentage point for Black women in November
The unemployment rate climbed sharply for Black women in November.NBC News - 4d -
NBA returning to China more than five years after Daryl Morey Hong Kong tweet
The National Basketball Association (NBA) will return to China for two preseason games in 2025, more than five years after former Houston Rockets general manager Daryl Morey spurred a break in the ...The Hill - 5d -
Unemployment rate jumps more than a percentage point for Black women in November
The unemployment rate jumped significantly for Black women in November.CNBC - 5d -
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.CNBC - 5d -
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NASA announces more delays in sending astronauts back to the moon more than 50 years after Apollo
NASA announces more delays in sending astronauts back to the moon more than 50 years after ApolloABC News - 6d -
Indigenous Australians recover human remains taken by Germany 120 years ago
Five sets of ancestral remains seized in 19th century handed over by museums in Berlin and Lower Saxony. Five sets of ancestral remains from Australia that have been held in German museum ...The Guardian - 6d -
The GTA 6 Trailer Was Released One Year Ago Today, And Fans Are Still Waiting For Anything More
Today, December 5, marks the one year anniversary of the first Grand Theft Auto VI trailer. In the year since, Rockstar Games has not released any additional videos or images, while parent ...GameSpot - 6d -
Pantone’s 2025 Color of the Year Is Mocha Mousse
Is this shade of dusty brown a repudiation of “Brat” green?The New York Times - 6d -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - 6d -
Creighton makes it 2 wins in less than a year against No. 1s, with Jayhawks latest to lose in Omaha
Creighton has played eight No. 1 teams in its program’s history, and the first six of those games weren’t closeABC News - 6d -
Councils call for cash to cover homeless bill shortfall
The Local Government Association says a freeze on central funding has cost councils nearly £740m since 2019.BBC News - Dec. 5 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chair Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a course correction days after the national debt topped $36 trillion for the ...The Hill - Dec. 4 -
2025 NFL Mock Draft: Colorado's Shedeur Sanders and Travis Hunter accomplish something not seen in 25 years
The superstar tandem is picked 1-2 in this mockCBS Sports - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
EU pushes back deforestation law by a year after outcry from global producers
The European Union has agreed to delay by a year the introduction of new rules to ban the sale of products that lead to massive deforestationABC News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Is Clinton pushing for England start at Euro 2025?
Calls for Grace Clinton to break into England's starting XI for Euro 2025 will only increase after yet another impressive display in their victory over Switzerland.BBC News - Dec. 3 -
Here Are the Big 2025 Predictions for AI, From a CEO Who Was Right About This Year’s Developments
Experts make predictions about the future of tech all the time, but Clem Delangue’s platform Hugging Face is central to many current AI innovations—so when he talks about AI’s future, we should ...Inc. - Dec. 3 -
AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber servicesABC News - Dec. 3 -
2- through 10-year yields finish higher after new Trump tariff threat
Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation.MarketWatch - Dec. 2
