Latest in Fed’s Waller sees cooler inflation despite higher forecasts
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Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers
Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.Inc. - 40m -
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 - 1h -
UN Raises Global Growth Forecast, But Warns That Tariff Rises Could Revive Inflation
The United Nations on Thursday raised its growth forecast for the global economy this year, anticipating a boost to investment as central banks continue to lower their key interest rates.The Wall Street Journal - 1h -
Treasury: COVID Stimulus May Have Contributed to Inflation
U.S. Treasury Secretary Janet Yellen said spending could have have contributed “a little bit” to rising inflation.Inc. - 19h -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 22h -
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 - 23h -
Heavy Snow and Ice Is Forecast for Southern U.S. on Thursday and Friday
A stretch of the United States from Texas and Arkansas to the Carolinas is expected to see significant winter weather on Thursday and Friday.The New York Times - 2h -
Oil futures move up to trade higher for the week
Oil futures edged higher on Thursday, with U.S. and global benchmark prices turning higher for the week after posting losses day earlier, when weekly gains in U.S. product inventories outweighed ...MarketWatch - 4h -
California wildfire forecast: LA under critical fire risk with gusty winds forecast
High pressure is building from the north and that will help to tighten the pressure gradient over southern California, producing more gusty winds.ABC News - 7h -
Why this fund manager is fighting higher inflation with dividend stocks
These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.MarketWatch - 7h -
See how large the California wildfires are
See how large the wildfires have become. The Palisades Fire is already larger than the land size of Providence, Rhode Island.NBC News - 19h -
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 - 20h -
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 - 22h -
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 - 22h -
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 - 22h -
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 - 23h -
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 - 1d -
Latest weather forecast as massive California wildfires spread
The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...CBS News - 1d -
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 - 1d -
California fire forecast: Wind speeds remain high as wildfires rage
A damaging Santa Ana wind event was peaking early Wednesday and was expected to stay strong through early afternoon.ABC News - 1d -
Winter Storm Forecast to Bring Snow and Ice to Texas
Just after the season’s first major winter storm, snow and ice are set to sweep across Texas and into the Carolinas this week.The New York Times - 1d -
The latest forecast covering the UK
BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.BBC News - 2d -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 2d -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - 2d -
See photos of snow in Washington, D.C.
Multiple inches of snow were recorded in Washington, D.C., and the surrounding area on Monday.CBS News - 2d -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - 3d -
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See the latest forecast covering the UK
The BBC's Carol Kirkwood explains what the next few days will look like across the UK.BBC News - 3d -
Millions to See Higher Social Security Payments from Biden Bill
This bill will affect 3 million people’s Social Security benefits.Inc. - 3d -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - 5d -
What to expect in 2025 if economist forecasts are as bad as usual
Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.MarketWatch - 5d -
Stocks will struggle under Trump if this rate keeps going higher
U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.MarketWatch - 5d -
College Football Playoff: Sugar Bowl still draws higher TV audience than New Year's Eve Fiesta Bowl despite postponement
The game was pushed to Thursday afternoon after the terror attack on Bourbon Street.Yahoo Sports - 5d -
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 tariffsFinancial Times - 5d -
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 - 6d -
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5 New Year’s resolutions for higher education
Just over half of Americans believe higher education has a positive effect on the country, and majorities of both parties think higher education is unaffordable and headed in the wrong direction.The Hill - Jan. 2 -
2025: The Year Commercial Space Reaches Even Higher?
Space is open for business, and with a entrepreneur astronaut tapped to lead NASA, the promise of startups and small private space companies may be a hallmark of 2025. And, of course, giant rockets.Inc. - Jan. 2 -
Gavin and Stacey star Ruth Jones reads Shipping Forecast as Nessa for centenary
Actress Ruth Jones reprised her role on a special day for the Shipping Forecast on BBC Radio 4 to celebrate 100 years of the weather report.BBC News - Jan. 1