Latest in Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
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Mortgage rates cut below 4% as competition picks up
It's the first time mortgage deals with rates below 4% have been available since November.BBC News - 7h -
Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.CNBC - 11h -
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisionsABC News - 13h -
Fed’s Powell Doesn’t Have Much to Say Because Inflation Isn’t Budging
Federal Reserve Chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.Inc. - 18h -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 1d -
Big Tech’s AI dream demands real money — but even more wishing and hoping
Many intelligent people avoid looking at what really matters for stock prices.MarketWatch - 9h -
Hot CPI reignites stagflation fears. Here’s why that would be disastrous for your 401(k).
The recently retired and the almost-retired are most at risk.MarketWatch - 11h -
Fed is going to be even more cautious about inflation after CPI report
Federal Reserve Chair Jerome Powell said Wednesday that the Fed is “holding” while awaiting more data.MarketWatch - 13h -
Trump’s best pick to succeed Powell at Fed is this ‘battle-tested’ market expert
Neel Kashkari knows how to speak to markets in ways they can hear.MarketWatch - 14h -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - 14h -
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.NBC News - 14h -
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.CNBC - 16h -
Inflation rate picked up in January, CPI report shows. What it means.
The Federal Reserve's progress on taming inflation has stalled out. That could mean fewer rate cuts in 2025.CBS News - 17h -
10-year Treasury yield shoots above 4.6% after hot CPI report
U.S. Treasury yields rose on Wednesday after the January consumer inflation report.CNBC - 17h -
Treasury yields end at highest in at least a week on Fed’s patient rate stance
U.S. government debt sold off on Tuesday, leaving long-dated yields higher for a fourth straight session, after Federal Reserve Chairman Jerome Powell expressed patience regarding future ...MarketWatch - 1d -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - 1d -
Powell defends Fed’s authority over US monetary policy
Central bank chief vows to ‘focus on the data’ rather than get dragged into political debatesFinancial Times - 1d -
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.CNBC - 1d -
We're buying more of an entertainment giant that didn't get credit for a strong quarter
The post-earnings decline, which took shares below $110 each, presents an opportunity to add to our position.CNBC - 1d -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 1d -
Fed Chair Jerome Powell testifying before Congress
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...CBS News - 1d -
DOGE can cut spending, but can it make government more accountable?
Donald Trump could deliver lasting change, by returning power back to the people where it belongs.The Hill - 1d -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 1d -
Why Trump and Google Are Paying Employees to Quit—and What It Means for Your Business
The tens of thousands of workers who’ve left their jobs under government pressure or because of large corporate layoffs represent a wealth of expertise that can benefit your company.Inc. - 1d -
UK inflation threat receding, says BoE rate-setter who voted for big cut
MPC’s Catherine Mann says ‘demand conditions’ in economy are ‘quite a bit weaker’Financial Times - 2d -
More job cuts expected at Justice Department, FBI
Staff within the Justice Department and FBI are on edge and bracing for more firings due to the changes under the new Trump administration. CBS News Department of Justice correspondent Scott ...CBS News - 2d -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 2d -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 2d -
The Democratic Party is not dead yet
Democrats can’t ignore the Americans’ disillusionment with our political institutions. They need to offer a plausible and persuasive message of change.The Hill - 2d -
MLB Power Rankings: Dodgers at No. 1 to start 2025, plus what we're looking forward to as hope springs eternal
The Super Bowl is over and spring training arrives this weekCBS Sports - 2d -
Game Notes: Red Wings Limp into Break on "Careless" Note
Observations on the Red Wings' 6–3 loss to the Lightning, from giving Tampa gifts to a difficult night in net on a forgettable final performance heading into the 4 Nations breakYahoo Sports - 4d -
Sunday shows preview: DOGE cuts leave feds reeling; Lawmakers race to finalize Trump budget bill
Tech billionaire and the anchor of the new Department of Government Efficiency (DOGE) Elon Musk saw his staffers attempt or succeed in accessing databases in various departments, supercharge a ...The Hill - 4d -
Family fleeing violence in eastern Congo sees little hope as rebels grab more land
Thousands of families have been displaced by violence in eastern Congo, where Rwanda-backed rebels last month seized the key city of Goma in a blitz offensive in the mineral-rich regionABC News - 4d -
Who missed the cut Friday at WM Phoenix Open? Not Nick Hardy, yet, as he's got 17 feet left in the morning
Hardy will return Saturday morning at TPC Scottsdale to hit a 17-foot birdie putt on No. 18; make, and Hardy is into the weekend.Yahoo Sports - 5d -
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.CNBC - 5d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 5d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 5d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 6d -
‘Starbucks Monday’ Means Free Coffee After the Super Bowl. It Might Be the Company’s Smartest Idea Yet
Get a free cup of coffee on Monday if you’re a Rewards member.Inc. - 6d