Latest in First Horizon CEO says he's cautious about interest rate cuts in 2025
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Significant changes made at Letby hospital, says CEO
The CEO of the hospital where Lucy Letby murdered babies gives evidence at the Thirlwall Inquiry.BBC News - Jan. 13 -
Will mortgage rates fall below 6% in 2025? What experts say
Rates could fall that low, but certain conditions must play out for that to happen this year, experts say.CBS News - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
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 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Former Georgia quarterback Carson Beck says he has committed to Miami for 2025 season
Carson Beck has pushed his NFL plans back a year and is committed to play next season at Miami, making the announcement known Friday.Yahoo Sports - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 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 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - 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 -
Shai Gilgeous-Alexander 'can't see a world' where he leaves Thunder, says he doesn't care about market size
Gilgeous-Alexander is eligible to sign a supermax contract extension this coming offseasonCBS Sports - Jan. 9 -
Alito says he talked to Trump about law clerk before filing in "hush money" case
Supreme Court Justice Samuel Alito spoke with President-elect Donald Trump about a former law clerk the day before Trump went to the high court in a push to delay the sentencing in his New York ...CBS 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 -
Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave CEO says
D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday.NBC News - Jan. 8 -
Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave CEO says
D-Wave Quantum shares plunged 36% on Wednesday after Nvidia CEO Jensen Huang suggested that quantum computers are decades away.CNBC - 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 -
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 -
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 -
Trump says he will revoke Biden offshore drilling ban on first day in office
An order by Trump attempting to reverse the ban will likely end up in court and could ultimately be struck down.CNBC - Jan. 7 -
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 -
Derek Carr says he won't take a pay cut to remain with Saints: 'Especially with what I put on tape'
Questions remain about Carr's futureCBS Sports - Jan. 7 -
Why was Justin Trudeau forced out? With Trump on the horizon, his party wasn’t sure he could win | David Moscrop
Claims Canada’s prime minister was too leftwing have been overblown. Instead, he was brought down by his lack of popularity and being in charge too long. Justin Trudeau has announced he will step ...The Guardian - 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 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 -
Rep. Gonzales says he’s 'optimistic' about Speaker Johnson’s leadership
Rep. Tony Gonzales (R-Texas) said Sunday he is optimistic about Republican governance over the coming year, saying the GOP is unified in passing a single reconciliation package and delivering on ...The Hill - Jan. 5 -
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 - Jan. 5 -
First major storm of 2025 set to impact about 60 million Americans
About 60 million people were under weather alerts across the country on Saturday as a winter storm threatens to slam areas from the Plains to the mid-Atlantic with heavy snow and ice. NBC News' ...NBC News - Jan. 5 -
Over 100 killed in Gaza Strip in first 3 days of 2025, Hamas-run Health Ministry says
The war between Israel and Hamas shows no signs of slowing in 2025. Over 100 people have been killed in the Gaza Strip in the first three days of the new year, according to the Hamas-run Health ...CBS News - Jan. 3 -
Los Angeles County DA says he has not made a decision about resentencing Menendez brothers
Los Angeles County’s top prosecutor said Friday that he had not made a decision about whether the prison sentences for Erik and Lyle Menendez, who are serving life without parole for the heavily ...NBC News - Jan. 4 -
What economists say about the UK’s outlook for 2025
Below are full responses to the FT’s annual survey about the British economyFinancial Times - Jan. 2 -
2025 Pro Bowl rosters: Chiefs' Patrick Mahomes misses initial cut for first time in six years
Mahomes is listed as an alternate behind Joe Burrow, Josh Allen and Lamar JacksonCBS Sports - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - Jan. 2
