Latest in Fed makes final interest rate decision before Trump inauguration
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Meta donates $1mn to Trump’s inauguration fund
First-time contribution shows social media platform and its chief are trying to mend relations with president-electFinancial Times - Dec. 12 -
Meta donates $1 million to Trump's inaugural fund
The move comes two weeks after Meta CEO Mark Zuckerberg traveled to Florida and dined with President-elect Donald Trump in Mar-a-Lago.CBS News - Dec. 12 -
Trump invites China's Xi Jinping to inauguration
Sources have confirmed to CBS News that President-elect Donald Trump has invited Chinese President Xi Jinping to his inauguration in January. The invitation comes despite Trump's repeated plan to ...CBS News - Dec. 11 -
Wray to resign as FBI director before Trump's inauguration
President-elect Donald Trump announced in November that he intended to name Kash Patel to replace Cristopher Wray as FBI director.CBS News - Dec. 11 -
Behind Christopher Wray's decision to leave FBI before Trump becomes president
Christopher Wray's intention to leave his post as FBI director is not surprising given President-elect Donald Trump's past comments about his intentions to replace him. CBS News' Nicole Sganga ...CBS News - Dec. 11 -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - Dec. 11 -
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. ...CBS News - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Lucasfilm Says It Would Be "Super Interesting" To Make More Indiana Jones Games
Indiana Jones and the Great Circle is out now on PC and Xbox, but could MachineGames come back for a sequel or a different Indiana Jones game in the future? It's too soon to say, but Lucasfilm ...GameSpot - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - Dec. 10 -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - Dec. 10 -
Fantasy Football Fact or Fluke: Your guide to playoff decision-making in 2024
Knowledge is power! Neuroscientist and analyst Renee Miller arrives with advice to avoid our cognitive biases while making lineup decisions in the fantasy football playoffs.Yahoo Sports - Dec. 10 -
New Gavin & Stacey photos released before finale
Pictures from the show's Christmas special are released as the final episode draws ever closer.BBC News - Dec. 10 -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - Dec. 9 -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
Trump says he will not remove Jay Powell from Fed before term ends
President-elect also does not rule out higher inflation as a result of his tariffsFinancial Times - Dec. 8 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Gaza peace deal possible before Trump inauguration, Qatar’s PM says
Mohammed bin Abdulrahman bin Jassim Al Thani says there is work being done ‘to get things back on track’. Momentum has returned to the Gaza peace talks and an agreement is possible before Donald ...The Guardian - Dec. 7 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
When They Hear Plants Cry, Moths Make a Decision
A new study suggests that the insects rely on the sounds made by distressed vegetation to guide important reproductive choices.The New York Times - Dec. 6 -
Gavin & Stacey stars' tribute to Doris before finale
Ruth Jones and Joanna Page have paid tribute to Gavin & Stacey star Margaret John who played next-door neighbour Doris in the hit BBC sitcom.BBC News - Dec. 6 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
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 -
Trump’s top inauguration donors to be rewarded with dinners and access
Those who donate $1m or raise $2m will get invites to dinners with Donald and Melania Trump as well as JD Vance. Top donors to Donald Trump’s inauguration committee will be rewarded with dinners ...The Guardian - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Kerr calls out Podz's decision-making after Warriors' loss to Nuggets
Warriors head coach Steve Kerr had strong words about guard Brandin Podziemski after Golden State's 119-115 loss to the Denver Nuggets on Wednesday night.Yahoo Sports - Dec. 4 -
Who will perform at Donald Trump’s inauguration?
Donald Trump is due to be sworn in as the 47th president of the United States at his inauguration on Jan 20, 2025.Yahoo Sports - Dec. 3 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Trump team outlines inauguration benefits for donors
President-elect Trump’s team outlined the Trump-Vance Inaugural Committee benefits for donors over the Jan. 20 weekend, which include a reception with Cabinet picks, a Sunday service and the ...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 -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - Dec. 3 -
Netanyahu Welcomes Trump’s Demand to Free Hostages Before Inauguration
The Israeli leader’s comments came after President-elect Donald J. Trump threatened to take unspecified action unless the hostages held in Gaza are released by Jan. 20.The New York Times - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
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 -
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 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2