Latest in Fed cuts by a quarter point, indicates fewer reductions ahead
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Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Airbus to Move Ahead With 2,000 Job Cuts at Defense and Space Business
The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.The Wall Street Journal - Dec. 5 -
49ers' Kyle Shanahan says Christian McCaffrey could return for playoffs, but RB's IG post indicates differently
Christian McCaffrey sure sounds like he thinks he's done for the season.Yahoo Sports - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
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 -
AWS now allows prompt caching with 90% cost reduction
AWS added Intelligent Prompt Routing and Prompt Caching to Bedrock in hopes of getting model usage prices down.VentureBeat - Dec. 4 -
Chipmaker Marvell's strong quarter is good news for these 3 portfolio stocks
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Dec. 4 -
Scammer helped speeding drivers dodge penalty points
Khuram Yaqoob raked in thousands of pounds as he gave the authorities fictitious names.BBC News - Dec. 4 -
NBA quarter-season grades for every East team: Celtics and Cavaliers earn best marks, one squad gets an 'F'
With the NBA regular season 25% complete, it's time to hand out some gradesCBS Sports - Dec. 4 -
Knicks, Bucks among field in NBA Cup quarters
With the knockout rounds of the NBA Cup all set, there will be a new champion as well as an almost entirely different field than last year's inaugural version. In again this year are the New York ...ESPN - Dec. 4 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
Music sector workers to lose nearly a quarter of income to AI in next four years, global study finds
AI boom will enrich giant tech companies but creators’ rights and income will be drastically reduced unless policymakers intervene, report warns. Follow our Australia news live blog for latest ...The Guardian - Dec. 4 -
A turning point for the dollar is coming
The short- and long-term prospects of the currency are at oddsFinancial Times - 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 -
Wyshynski Awards for the season's first quarter
From best team to weirdest goal to most important document to the best bounce-back player and more!ESPN - Dec. 3 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
US closes investigation into E. coli outbreak linked to onions in McDonald's Quarter Pounders
The federal government has closed its investigation into an EABC News - Dec. 3 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
Marvell forecasts fourth-quarter revenue above estimates on strong AI-backed demand
Marvell's shares have risen nearly 60% this year as Wall Street pours billions of dollars into AI-linked stocks, placing huge bets on the future of genAI technology. Demand for advanced chips that ...Yahoo Sports - Dec. 3 -
NATO Chief Urges More Weapons for Ukraine Ahead of Any Peace Talks
Mark Rutte said it was up to Ukraine to decide when it was ready to begin negotiations with Russia — and that the West should help strengthen Kyiv’s position beforehand.The New York Times - Dec. 3 -
What is Hegseth's strategy to win senators over ahead of confirmation hearings?
CBS News' Nikole Killion has asked Pete Hegseth, President-elect Donald Trump's pick for secretary of defense, about the allegations made against him involving sexual and financial misconduct. ...CBS News - Dec. 3 -
Treasury yields finish mostly higher ahead of no-confidence vote in France
Investors sold off long- and intermediate-term U.S. government debt on Tuesday, pushing corresponding yields to slightly higher closing levels ahead of a vote in France that could topple that ...MarketWatch - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Biden’s vexed foreign policy legacy leaves hard choices ahead
Thanks to Biden’s actions (or inaction), the incoming Trump administration faces difficult policy choices on the Ukraine war and China’s aggressive expansionism in Asia, as well as containing the ...The Hill - Dec. 3 -
Rams were shocked to land former first-round pick off waivers after the Commanders cut him ahead of Week 13
Emmanuel Forbes is headed to Los AngelesCBS Sports - Dec. 3 -
DNC hopes to highlight success ahead of post-election meeting
The Democratic National Committee is hoping to highlight down-ballot successes last month as it hosts a key post-election meeting.ABC News - Dec. 3 -
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Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Amazon Employees Doubt Leaders’ Carbon Reduction Commitments
An internal survey by the Amazon Employees for Climate Justice group challenged the company’s reporting and progress in reducing its carbon footprint.Inc. - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2