Latest in Fed Chair Jerome Powell testifying before Congress
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‘I Was Dying’: Salman Rushdie Testifies About Terrifying Stabbing Attack
The author recounted in vivid testimony the moment when an attacker stabbed him about 15 times as he was about to give a lecture in western New York.The New York Times - 2h -
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 - 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 - 6h -
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 - 7h -
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 - 8h -
Luis Rubiales, Spain’s Former Top Soccer Official, Testifies About Kissing Star Player
Luis Rubiales said at his sexual assault trial that he had asked permission to kiss the star player Jennifer Hermoso after the country’s national team won the 2023 Women’s World Cup.The New York Times - 9h -
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 -
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 - 4h -
Salman Rushdie testifies that he feared he was dying during stabbing attack
Salman Rushdie described in graphic detail Tuesday the frenzied moments in 2022 when a masked man rushed at him on a stage in western New York and repeatedly slashed him with a knife, leaving him ...NBC News - 4h -
Rubiales testifies he asked to kiss Hermoso
Former Spanish soccer federation president Luis Rubiales, accused of trying to downplay a kiss on Jenni Hermoso, is set to testify before a judge on Tuesday.ESPN - 5h -
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 - 5h -
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 - 5h -
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 - 7h -
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 - 8h -
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 - 10h -
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 - 10h -
Spain coach testifies Hermoso wasn't punished
Spain women's coach Montse Tomé told a judge Monday she was not trying to punish Jenni Hermoso by omitting her from the national team in the fallout of the kiss by former football federation ...ESPN - 20h -
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 -
Judge weighs extending pause on Trump's "deferred resignations" for feds
The Trump administration has offered more than 2 million federal workers the option of resigning their positions and retaining full pay and benefits until Sept. 30.CBS News - 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 -
How Democrats in Congress are tackling Trump's massive government changes
Democrats in Congress are working on messaging and other moves to confront President Trump's changes as he settles into his second term in the White House. CBS News' Taurean Small reports from ...CBS News - 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 -
Trump brings members of Congress to Super Bowl
President Donald Trump is at the Caesars Superdome in New Orleans watching the Super Bowl, marking the first time a sitting president appears at the game.ABC 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 - 2d -
Before Shesterkin-Quick There Once Was Giacomin-Villemure
Here's a look back at some Rangers history from The Maven.Yahoo Sports - 2d -
Congress should stop researching data center threats and start protecting them
It’s crucial that data center operators be prepared to counter adverse events.The Hill - 2d -
Congress must prevent a mass-amnesty for COVID fraud
Don't give criminals and fraudsters a “get out of jail free” card for COVID fraud.The Hill - 3d -
State Department announces $7B arms sale to Israel after Congress blocked initial deal
The Trump administration announced a $7 billion arms sale to Israel, including munitions and missiles, just days after Congress blocked an initial deal. The State Department said Friday that it ...The Hill - 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 -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC 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 -
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 -
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