Latest in Former Fed official accused of passing secrets to China
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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 -
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Biden says feds will cover 100% of fire response costs in California
"I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."CBS 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 -
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 -
House Passes Bill to Impose Sanctions on I.C.C. Officials for Israeli Prosecutions
The action put the measure on track for likely enactment given strong support for it among Republicans, who now control the Senate, and President-elect Donald J. Trump.The New York Times - 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 -
Anti-Trump former Georgia official on getting kicked out of state GOP: 'What took them so long?'
Former Georgia Lt. Gov. Geoff Duncan (R), among the party's highest-profile critics of President-elect Trump, responded to getting kicked out of the Georgia Republican Party on Thursday by asking ...The Hill - Jan. 9 -
The secret to meeting in Brussels
Postwar planning means the best restaurants are tucked away inside mundane buildingsFinancial Times - Jan. 9 -
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 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 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 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - 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 -
UK minister accuses Musk of endangering her life
Jess Phillips hits back at tech billionaire after he attacks her handling of grooming scandalFinancial Times - Jan. 7 -
Updating a 12th-Century Palazzo, Where the Walls Had Secrets
When two architects renovated the once-grand floor of a palace in Genoa, Italy, their goal wasn’t period perfection: “We didn’t want to live in a museum.”The New York Times - Jan. 7 -
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...The Hill - Jan. 7 -
US accuses Sudan paramilitary force of genocide
Biden administration places sanctions on leader of Rapid Support ForcesFinancial Times - Jan. 7 -
Game Pass Dumps These Six Games Very Soon
It's time to go As it does at least one per month, Microsoft is dumping more games from the Xbox Game Pass library in January 2025. The first set of removals for the month have now been ...GameSpot - Jan. 7 -
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The anxiety secret: how the world’s leading life coach stopped living in fear
Famous for her work with Oprah Winfrey, Martha Beck is a bestselling author and self-help superstar. But for 60 years she was anxious and terrified - until she found a simple, uplifting answer. All ...The Guardian - Jan. 7 -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - Jan. 7 -
Nicki Minaj accused of assaulting manager in lawsuit
Nicki Minaj's former manager has accused the rap superstar of berating and hitting him multiple times while she was on tour in Detroit.NBC News - Jan. 7 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
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Tracing the New Orleans Attacker’s Secret Radicalization
Recordings and interviews detail Shamsud-Din Jabbar’s growing discontent with American society and increasing isolation even within his local Muslim community.The New York Times - Jan. 4 -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - Jan. 3 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - Jan. 3 -
Apple settles Siri eavesdropping accusations for $95M
Apple has agreed to pay $95 million to settle a class-action lawsuit alleging the tech giant used its voice assistant Siri to obtain and share private conversations without users' permission. The ...The Hill - Jan. 3 -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - Jan. 3 -
How the New Orleans attack was "part of the ISIS playbook," former CIA official says
New Orleans' Bourbon Street has reopened less than two days after a terrorist attack killed at least 14 people in the early hours of the new year. CBS News' Kati Weis reports and CBS News ...CBS News - Jan. 2