Latest in Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
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Stocks fall back to pre-Election Day levels amid renewed inflation and interest-rate concerns
The post-Election Day rally in stock prices is fading amid forecasts that the Federal Reserve will not lower interest rates as much as expected.NBC News - Jan. 13 -
Vance dismisses concerns about withholding wildfire aid: 'Trump cares about all Americans'
Vice President-elect JD Vance dismissed concerns that President-elect Trump might try to withhold federal aid from California as it seeks to recover and rebuild after the wildfires. In an interview ...The Hill - Jan. 12 -
Majority of Britons believe Musk having negative impact on UK politics
More voters think tech tycoon’s comments on grooming gangs are unhelpful than those who back him. More than half of voters think Elon Musk is having a negative effect on British politics following ...The Guardian - Jan. 11 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Trump's words on Greenland and borders ring alarms in Europe, but officials have a guarded response
President-elect Donald Trump has tossed expansionist rhetoric at U.S. allies and potential adversaries with arguments that the frontiers of American power need to be extended into Canada and the ...ABC News - Jan. 11 -
Senior Labour MP raises ‘concerns’ with City regulator over planned Shein listing
Trade committee chair Liam Byrne writes to FCA and London Stock Exchange after questioning of fast-fashion groupFinancial Times - Jan. 10 -
What to know about theme parks impacted by California fires
Fast-moving fires continue to burn across the Los Angeles area.ABC News - Jan. 10 -
Early ‘forever chemicals’ exposure could impact economic success in adulthood – study
Those who lived in regions with firefighting training areas earned about 1.7% less later in life, research shows. Early life exposure to toxic PFAS “forever chemicals” could impact economic success ...The Guardian - Jan. 10 -
Trudeau says he joked about a trade for Vermont or California when Trump raised annexing Canada
Canadian Prime Minister Justin Trudeau said he jokingly suggested a trade for Vermont or California in response to President-elect Donald Trump's signaling an interest in annexing Canada.NBC News - Jan. 9 -
Trudeau: Trump threatened to annex Canada to distract from tariffs impact
Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...The Guardian - Jan. 9 -
Musk-Trump relationship not a 'concern': Hyundai CEO
Hyundai CEO José Muñoz said he’s not concerned about the relationship between President-elect Trump and Tesla CEO Elon Musk, whose company is one of Hyundai’s biggest competitors. Instead, Munoz ...The Hill - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
Notre Dame official: Team dealing with 'virus or flu', 'no impact' expected in CFP semifinal vs. Penn State
A Notre Dame official told CBS Sports the team has been dealing with the illness over the last 10 daysCBS Sports - Jan. 9 -
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 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - 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 -
Trump's IRS pick raises concerns about qualifications, Sen. Warren says
The background of Billy Long, an ex-congressman and auctioneer, raises questions about his qualifications, Sen. Warren says.CBS News - Jan. 9 -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Biden says he could have beaten Trump in 2024 election
President Biden says he thinks he could have beaten President-elect Donald Trump in the 2024 election. However, in an interview with USA Today, Biden also admitted he isn't sure he'd have the ...CBS News - Jan. 8 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
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 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - 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 -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - Jan. 8 -
Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation
Treasury Secretary Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more in an exit interview on CNBC's "Money Movers."CNBC - Jan. 8 -
Top DOJ officials may have tried to sway 2020 election to Trump: Watchdog
Justice Department officials who served under President-elect Trump's first administration may have influenced the 2020 presidential election through intentional media leaks targeted at Democratic ...The Hill - Jan. 8 -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - 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 -
Biden says he thinks he could have beaten Trump in the 2024 election
WASHINGTON — President Joe Biden in an interview published Wednesday said he still believes he could have defeated President-elect Donald Trump in the 2024 election but isn't sure if he could have ...NBC News - Jan. 8 -
Trump’s Lawyers Have Assailed Jack Smith. They Could Soon Have Power to Go After Him.
The president-elect’s defense lawyers accused the special counsel of unethical and improper behavior in his prosecutions of their client. They could be in senior Justice Department roles within weeks.The New York Times - Jan. 8 -
Gronk, Drew Brees push back on concern about Patriots hiring Vrabel
Rob Gronkowski and Drew Brees explain why they'd have no issue with the Patriots hiring Mike Vrabel despite his defensive background.Yahoo Sports - Jan. 7 -
Internal watchdog found Trump DOJ officials may have tried to influence 2020 election
DOJ officials during the first Trump administration may have leaked private information to media outlets in a bid to influence the 2020 election, a watchdog report says.ABC News - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7