Latest in Fed interest rate cuts might not come anytime soon, two top officials say
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Top Fed official says central bank is ‘pretty close’ to meeting twin targets
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policyFinancial Times - Jan. 9 -
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L.A. officials say looters targeting vulnerable communities will be held accountable
Los Angeles County public officials are vowing to crack down on people allegedly stealing from homes as devastating wildfires rip through the region, insisting that lawbreakers will face consequences.NBC News - Jan. 9 -
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.MarketWatch - Jan. 9 -
Justice Alito says there was no discussion of Trump's pending case when the two spoke
The call took place a day before Trump asked the Supreme Court to halt his sentencing, though Samuel Alito said they did not discuss the emergency application.NBC News - Jan. 9 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
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 - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
Biden Says He Might Not Have Been Able to Serve 4 More Years
President Biden insisted that he still could have beaten Donald J. Trump had he stayed in the race, but could not say he would have been vital enough to be president until age 86.The New York Times - Jan. 8 -
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What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
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. - Jan. 8 -
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 - Jan. 8 -
Israeli strikes kills 19 in southern Gaza, health officials say
Eight children were reportedly among those killed in the al-Mawasi area and Khan Younis city overnight.BBC News - Jan. 8 -
LAFD firefighter and multiple civilians injured, official says
A Los Angeles Fire Department firefighter was injured and taken to the hospital for a serious head injury, according to LAFD official Margaret Stewart. There have also been multiple civilian burn ...NBC News - Jan. 8 -
Kamala Harris says Jimmy Carter's "works will echo for generations to come"
Vice President Kamala Harris delivered a eulogy for former President Jimmy Carter at the U.S. Capitol on Tuesday. She discussed his legacy as president and his extraordinary work redefining what it ...CBS News - Jan. 7 -
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 - Jan. 7 -
More Americans say immigration a top priority: Survey
Nearly half of Americans said immigration should be a top priority for President-elect Trump to tackle in 2025, according to a survey released Tuesday. The Associated Press-NORC Center for Public ...The Hill - Jan. 7 -
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Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
New York Yankees top prospects 2025: Jasson Domínguez leads list once again with two young shortstops waiting
Domínguez finally seems poised to step into a starting role this seasonCBS Sports - Jan. 7 -
Indian officials confirm first cases of HMPV, say "no reason to worry"
Officials in India have confirmed the country's first 7 cases of human metapneumovirus, which is reportedly surging in neighboring China.CBS News - Jan. 7 -
2025 Fantasy Baseball: Top 150 rankings for Dynasty leagues, complete with value rating system
Here's how to value players when weighing the short-term vs. the long-termCBS Sports - Jan. 7 -
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 - Jan. 7 -
Western investors ‘stupid’ to shun arms industry, says Nato official
Rob Bauer calls on banks, pension funds and rating agencies to change outdated policies in face of rising threatsFinancial Times - Jan. 7 -
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 - Jan. 7 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
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. - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
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‘Virtual employees’ could join workforce as soon as this year, OpenAI boss says
Sam Altman says tools that carry out jobs autonomously, known as AI agents, could transform business output. Virtual employees could join workforces this year and transform how companies work, ...The Guardian - Jan. 6 -
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 - Jan. 6 -
Israeli officials say 3 killed in attack on vehicles in occupied West Bank
Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.CBS News - Jan. 6 -
Mike Clay's top 20 predicted anytime TD scorers in Week 18
Mike Clay's projection system reveals his top 20 predicted touchdown scorers.ESPN - Jan. 5
