Latest in FirstFT: Economists expect a more cautious approach from Fed
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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 -
Ranking expected head coaching jobs based strictly on who's the QB
Suffice to say the Jets and Giants' jobs aren't attractive with no QB of the future on either roster. But even the Cowboys' job has a red flag with Dak's bloated contract.Yahoo Sports - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - 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 -
Expect the Next N.F.L. Draft to Be Polarizing. Except for One Player.
Travis Hunter can succeed as a wide receiver or as a cornerback at the pro level, a columnist for The Athletic writes.The New York Times - Dec. 4 -
What to Expect at Today’s DealBook Summit: Full Speaker Lineup
Sam Altman, Jerome Powell, Jeff Bezos, Bill Clinton, the podcaster Alex Cooper, Ken Griffin, Prince Harry, and Serena Williams are among the big names speaking.The New York Times - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
2024 NFL Week 14 QB Power Rankings: Bills' Josh Allen is new No. 1; Steelers' Russell Wilson approaches top 10
Assessing every team's starting signal-caller entering Week 14CBS Sports - 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 -
Rio Tinto Expects Pilbara Iron-Ore Shipments to Be Roughly Flat in 2025
The world’s second-biggest miner by value, expects annual iron ore shipments from its Australian operations to be little changed in 2025.The Wall Street Journal - 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 -
Thailand's prime minister expects fishermen seized by Myanmar to be repatriated soon
Thailand’s Prime Minister Paetongtarn Shinawatra says her government is negotiating with neighboring Myanmar for the return of four fishermen captured by Myanmar’s navy for trespassingABC 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 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
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 -
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 -
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 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC 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 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - 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
