Latest in FirstFT: Economists expect a more cautious approach from Fed
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U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home.MarketWatch - Dec. 6 -
What Can You Expect From Incoming SBA Chief Kelly Loeffler?
Assuming Loeffler’s nomination is confirmed by the Senate, many challenges await her at the Small Business Administration’s mast.Inc. - Dec. 5 -
MLB’s Winter Meetings begin Sunday: What should fans expect from the annual baseball gathering?
Consensus around baseball is that the meetings won’t end with Juan Soto still on the open market.Yahoo Sports - Dec. 5 -
Ravens' Derrick Henry approaching yet another historic milestone in what has been a season of benchmarks
Henry's is about to join an elite group of playersCBS Sports - Dec. 5 -
Dynasty Fantasy Football Tight End Rankings: Brock Bowers even better, and more valuable, than expected
Updated tight end rankings for Dynasty leaguesCBS Sports - Dec. 5 -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - Dec. 5 -
Jaylen expects to hear from NBA after throat-slash dunk celebration
Jaylen Brown admitted he got "caught up in the moment" after throwing down a massive dunk on Isaiah Stewart in Celtics-Pistons.Yahoo Sports - Dec. 5 -
The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans
The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two yearsABC News - Dec. 5 -
The end of an Eras tour approaches, marking bittersweet moment for Taylor Swift fans
The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two yearsABC News - Dec. 5 -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 96 hostages abducted on Oct. 7 remain in captivity, including the bodies of at least 34.The Wall Street Journal - Dec. 5 -
FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - Dec. 5 -
GOP greets DOGE with excitement but expects 'friction'
Capitol Hill Republicans are clamoring to get in on the "DOGE" action after President-elect Trump put Elon Musk and Vivek Ramaswamy in charge of his administration’s “Department of Government ...The Hill - Dec. 5 -
Lululemon’s Stock Has Rebounded. What to Expect From Earnings.
Investors are looking for evidence that the company’s product strategy and holiday momentum can drive a sustained recovery.Yahoo Sports - Dec. 5 -
The Biggest Takeaways From the DealBook Summit With Jeff Bezos, Sam Altman and More
Trumponomics, inflation, artificial intelligence, the changing media landscape, and the Elon Musk effect — these were the big themes covered at the annual event.The New York Times - 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 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced economist Michael Faulkender as his pick for deputy secretary of the Treasury on Wednesday, the second-highest ranking position at the department. If confirmed, ...The Hill - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Kirk Cousins returns to Minnesota: Falcons QB playing for even more than expected against former team
This Week 14 homecoming is critical to Cousins for unexpected reasonsCBS Sports - Dec. 4 -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - Dec. 4 -
Fantasy Football Panic Meter: Things aren't looking up for Breece Hall approaching playoffs
Should fantasy football managers be worried about Breece Hall? Dalton Del Don breaks out the Panic Meter to help us figure it out!Yahoo Sports - Dec. 4 -
Are there 'different approaches' to tennis doping cases?
Iga Swiatek, Jannik Sinner, Simona Halep and Tara Moore have had different experiences after testing positive for a banned substance - BBC Sport looks at why.BBC News - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - Dec. 4 -
FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - Dec. 4 -
Great Lakes region recovers from winter storms with more coming
Parts of New York state faced up to five feet of snow over the last few days and more is coming across the Great Lakes region this week. CBS News weather correspondent Rob Marciano has the latest.CBS News - Dec. 3 -
Cowboys' Dak Prescott reveals targeted return date from injury, why he's going to bat for Mike McCarthy, more
Prescott spoke to CBS Sports about a wide array of topics including his recovery, all things Cowboys and moreCBS Sports - Dec. 3 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - 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 -
Alberta Clipper expected to bring more winter weather as Great Lakes region digs out from storm
An Alberta Clipper system is forecasted to bring snow and cold weather to the Midwest and Northeast this week as folks in states surrounding the Great Lakes continue to clean up from last weekend's ...CBS News - Dec. 3 -
One City’s Approach to Tackling Domestic Violence
San Antonio has long had a high rate of family violence. An unusual court is trying to intervene before the violence turns deadly.The New York Times - Dec. 3 -
FirstFT: Critics see chance to close US accounting regulator
Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctionsFinancial Times - Dec. 3 -
Five things you may have missed from NFL Week 13: My Cause My Cleats, wild Josh Allen TD and more
A look at the top moments from around the leagueCBS Sports - Dec. 2 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
‘It’s about consequences’: what can we expect from Wicked: Part Two?
The much-anticipated first part of the blockbuster musical adaptation has bewitched audiences worldwide, but there are dark times ahead in the sequel. Spoilers ahead Despite more than a year ...The Guardian - Dec. 2 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - 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