Latest in Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
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Trump’s best pick to succeed Powell at the Fed is this ‘battle-tested’ market expert
Neel Kashkari is Trump’s best choice for the Federal Reserve’s next chair.MarketWatch - 2h -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 4h -
How Jerome Powell testified on Capitol Hill
Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's Department of Government Efficiency (DOGE) accessing the personal information of ...CBS News - 4h -
Trump says Treasury Secretary Bessent is going to Ukraine as U.S. has 'little to show' for aid sent
Trump's post on Truth Social suggested the two leaders could discuss pathways to ending the conflict.CNBC - 5h -
Powell defends Fed’s authority over US monetary policy
Central bank chief vows to ‘focus on the data’ rather than get dragged into political debatesFinancial Times - 5h -
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.CNBC - 6h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 6h -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - 6h -
Chair of UK’s financial ombudsman to step down
Baroness Zahida Manzoor called for ‘radical’ shake-up of rules after the sudden departure of agency’s chief executiveFinancial Times - 7h -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 1d -
Leo Olebe assumes role as chair of Games for Change
Games for Change said Leo Olebe will be the new chair of the board of directors for the nonprofit dedicated to social impact games and media.VentureBeat - 1d -
WATCH: 1-of-a-kind animal shelter helps the little guys
The Pipsqueakery in Bloomington, Indiana, cares for 700 small animals at a time.ABC News - 1d -
Treasury yields end at highest in at least a week on Fed’s patient rate stance
U.S. government debt sold off on Tuesday, leaving long-dated yields higher for a fourth straight session, after Federal Reserve Chairman Jerome Powell expressed patience regarding future ...MarketWatch - 3h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - 4h -
North Carlolina coach Hubert Davis 'just sad' about team's lack of urgency after blowout loss to Clemson
With their NCAA Tournament hopes teetering, the Tar Heels failed to answer the bell on MondayCBS Sports - 6h -
Warren, Waters question Fed chair on proposal 'upending' bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they ...The Hill - 6h -
Fed Chair Jerome Powell testifying before Congress
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...CBS News - 7h -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 9h -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 9h -
Pressley on Trump promise to lower costs: ‘How’s that going?’
Rep. Ayanna Pressley (D-Mass.) slammed President Trump over his promise to lower everyday costs for Americans, asking “How’s that going?” “Donald Trump ran on a promise to bring down costs for ...The Hill - 10h -
How low can European rates go?
Central banks have been defining neutral interest rates as Bessent makes a brave betFinancial Times - 11h -
Treasury yields finish mixed as investors await Powell testimony, inflation data
Yields on U.S. government debt held to a tight range despite President Donald Trump’s plan to impose 25% tariffs on imports of steel and aluminum, with investors looking ahead to a busy week of ...MarketWatch - 1d -
Musk on Ron Paul as Fed chairman: 'Great idea'
Elon Musk in a post on X appeared to back conservative commentator Charlie Kirk's suggestion that former Rep. Ron Paul (Texas) replace Jerome Powell as chairman of the Federal Reserve. “Great ...The Hill - 1d -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 1d -
UK lacks coherent rural policy, says environment committee chair
Alistair Carmichael calls on government to engage with ‘disaffected’ communities as farmers set for latest protestFinancial Times - 1d -
Yrjö Kukkapuro, renowned Finnish chair designer, dies aged 91
‘Almost every Finn has sat on a chair he designed,’ his studio says, with his postmodern creations gracing galleries around the world. Yrjö Kukkapuro, a renowned Finnish designer whose postmodern ...The Guardian - 1d -
Super Bowl live updates: Too little, too late for Mahomes, Chiefs
Despite having two TD passes, Mahomes has struggled as it's been all Philadelphia and its defense. The Eagles are counting the seconds. Follow all of the action.Yahoo Sports - 2d -
UK property yields little cheer for landlords
Latest-quarter data shows the first dip in rental prices outside London since the pre-pandemic eraFinancial Times - 2d -
Sunday shows preview: DOGE cuts leave feds reeling; Lawmakers race to finalize Trump budget bill
Tech billionaire and the anchor of the new Department of Government Efficiency (DOGE) Elon Musk saw his staffers attempt or succeed in accessing databases in various departments, supercharge a ...The Hill - 3d -
Lawson, Little Rock Trojans to visit White, Morehead State Eagles
Little Rock Trojans (15-9, 9-4 OVC) at Morehead State Eagles (14-10, 9-4 OVC) Morehead, Kentucky; Saturday, 2 p.m. EST BETMGM SPORTSBOOK LINE: Trojans -3.5; over/under is 129.5 BOTTOM LINE: ...ABC News - 3d -
Trump to fire multiple Kennedy Center board members, name himself chair
President Trump did not say which board members at the Kennedy Center he plans to terminate.CBS News - 3d -
Trump to name himself new Kennedy Center board chair
President Trump said Friday he would end the terms of multiple members of the Kennedy Center board and make himself chair of a new board, putting himself at the helm of the Washington, D.C., ...The Hill - 4d -
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign.MarketWatch - 4d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 4d -
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measuresFinancial Times - 4d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d -
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.The New York Times - 4d -
Feds Halt the National Electric Vehicle Charging Program
The US government has ordered states to retract their plans to build hundreds of federally funded EV charging stations, according to a memo obtained by WIRED.Wired - 5d -
'It got a little messy': Stephen Stills and Graham Nash on CSNY's early days
A new live album documents the first tour by Crosby, Stills, Nash & Young. 'We were a brand-new band just learning to play,' says Stephen Stills.Los Angeles Times - 5d