Latest in Fed has hit the pause button for rates, and may only cut once this year, experts say
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UK 10-year borrowing costs hit highest level since 2008
Sterling falls sharply as government bond sell-off threatens Labour’s ability to meet budget rulesFinancial Times - 1h -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - 1h -
10-year Treasury note yield hits highest level since April ahead of Fed minutes
The yield on the benchmark 10-year Treasury climbed above 4.7%.CNBC - 2h -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - 5h -
Daily glass of milk may cut bowel cancer risk by fifth, research finds
Largest study into diet and disease suggests extra 300mg of calcium a day is associated with a 17% lower risk. Having a large glass of milk every day may cut the risk of bowel cancer by nearly a ...The Guardian - 8h -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - 9h -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - 21h -
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 - 4h -
London has the highest birth rates among over-40s. But what’s driving the shift?
Housing costs, career focus and access to IVF has driven people to delay parenthood in the capitalFinancial Times - 13h -
Cockney influences found in Scotland, Australia and New Zealand, says expert
Linguistics professor says London dialect is most likely to be spoken in Essex, but aspects have traversed the globe. The cockney dialect, as associated with the late EastEnders icon Dame Barbara ...The Guardian - 1d -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - 1d -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - 1d -
Derek Carr says he won't take a pay cut for 2025
When the Saints signed quarterback Derek Carr two years ago after he was released by the Raiders, the contract was structured as a two-year guarantee with a team option thereafter.Yahoo Sports - 1d -
Better resilience is solution to child mental health crisis, experts say
The surge in mental health referrals among young people has prompted debate among experts about the cause - and the most effective solutionBBC News - 1d -
Stocks appear ‘rate sensitive once again’ as bond yields press higher
Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.MarketWatch - 1d -
Eli Manning says 'only one team' he'd take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing to sell him a stake.NBC News - 1d -
Eli Manning says 'only one team' he'd take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning told CNBC he's interested in becoming a minority owner of his former team, if the Mara family is willing to sell.CNBC - 1d -
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. - 1d -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - 2d -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - 2d -
Want to Be More Successful This Year? Science Says Tackle Only 1 Goal at a Time
New year, new you? Absolutely. But research shows that’s much more likely to happen if you make one change at a time.Inc. - 2d -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - 3d -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - 4d -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - 4d -
Knicks' biggest weakness was exposed by late Thunder comeback, and they may only have a month to fix it
New York just isn't deep enough to compete with the best teams in the NBA ... yetCBS Sports - 4d -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - 5d -
Microsoft May Bring "All Their Big Games" To PS5, Analyst Says
According to a veteran video game industry analyst, 2025 could be the year that Microsoft goes "all-in" on bringing its Xbox games to other platforms, including PlayStation 5. Microsoft, of course, ...GameSpot - 5d -
WWE begins its Netflix era after years of controversy, drama and ratings
On Monday, WWE "Raw" will stream exclusively on Netflix. The wrestling franchise is hoping for a huge global and multigenerational audience following years of success on TV and drama inside and ...Los Angeles Times - 5d -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - 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 - 5d -
Aaron Rodgers expresses gratitude to Jets, says time with New York has been 'the best two years of my life'
Rodgers, 41, is choosing to focus on the positives with his NFL days dwindlingCBS Sports - 6d -
Only UK's fourth warmest year ever – but which weather records were broken in 2024?
Tomasz Schafernaker looks back at this year's UK weather - from record breaking heat to red warnings.BBC News - 6d -
Cruise ship stomach bug illnesses hit 12-year high: CDC
Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.The Hill - 6d -
My new year resolution? Abandon new year resolutions once and for all | Moira Donegan
There are few rituals I despise more than the annual January catalog of joyless, dutiful aspirations. This year, I’m saying no. As the Christmas lights flicker off across the country and gift wrap ...The Guardian - 6d -
Psychiatrists Discovered Doing This Just Once a Month Cuts Your Risk of Depression in Half
Looking for an easy but impactful new year’s resolution? Do this once a month in 2025 and you’ll cut your risk of depression in half.Inc. - 6d -
Homes flooded in Greater Manchester as storms hit New Year's Day
A major incident is declared in Greater Manchester after flooding left people trapped in their homes.BBC News - 6d -
Colts' Anthony Richardson says he 'couldn't even stand up' due to injury, has battled back issues for years
The second-year quarterback sat out Week 17CBS Sports - Jan. 1 -
Trump has a once-in a-century opportunity for change
Donald Trump will either grasp the opportunity history has thrust upon him to change the world for the better, or he will let it pass by and watch the downward slide into chaos continue. His ...The Hill - Jan. 1 -
Quitting smoking may be easier with a smartwatch app, researchers say
Motion-sensor software sent alerts to prevent lighting up at most vulnerable moments for those trying to quit. Smartwatches could be used to help people quit smoking, a study suggests.. Researchers ...The Guardian - Jan. 1