Latest in In a switch, Trump approves of the Fed's decision to hold interest rates steady
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Van Dijk bristles at ref's decision in Spurs loss
Liverpool defender Virgil van Dijk has questioned the referee's decision to not hand Tottenham Hotspur's Lucas Bergvall a second yellow card before the 18-year-old scored the winning goal in the ...ESPN - Jan. 9 -
Fani Willis Asks Georgia Supreme Court to Review Decision Kicking Her Off Trump Case
In a filing late Wednesday, Fani Willis petitioned the Georgia Supreme Court to allow her to keep prosecuting Donald J. Trump over efforts to overturn his 2020 election defeat.The New York 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 -
Biden approves major disaster declaration for California wildfires
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday ...CBS News - 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 -
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 -
Justice Dept. to Hold Off Releasing Report on Trump Documents Case
But in a court filing, the department indicated that it would release a separate report about Donald J. Trump’s efforts to overturn the 2020 election as soon as possible.The New York Times - 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 -
Freedom Caucus holds its fire on Johnson’s strategy for passing Trump agenda
Members of the conservative House Freedom Caucus are holding their fire despite Speaker Mike Johnson (R-La.) bucking their preferred strategy for passing President-elect Trump’s agenda, arguing ...The Hill - Jan. 7 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.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 -
Donald Trump Jr. arrives in Greenland amid father's interest in acquiring island
Donald Trump Jr. has arrived in Greenland amid his father’s interest in acquiring the island. “Don Jr. and my Reps landing in Greenland. The reception has been great. They, and the Free World, need ...The Hill - Jan. 7 -
Donald Trump Jr visits Greenland amid father’s interest in owning island
President-elect’s son says visit is ‘personal day trip’ as Danish PM says autonomous territory is ‘not for sale’. Donald Trump Jr touched down in Greenland on Tuesday, hours after his father ...The Guardian - Jan. 7 -
An Indefensible Decision Has Left the Giants Adrift
Owner John Mara was lost in a sea of contradictions as he tried to explain keeping Brian Daboll and Joe Schoen, a columnist for The Athletic writes.The New York Times - Jan. 7 -
O'Leary: Trump US-Canada merger an interesting concept
"Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is "very interesting." “I went to Palm Beach for a couple of days. On Saturday, we ...The Hill - Jan. 7 -
Virginia Holds the First Elections of the New Trump Era
Voters are going to the polls on Tuesday in three special elections for the legislature that will serve as barometers of political energy for both parties.The New York Times - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - 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 -
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 -
Nintendo Switch Cartridges Are Being Replaced With Googly Eyes
Nintendo Switch users are reporting that some recently purchased Switch games have arrived with the game cartridge missing from inside the box. Even odder, the cartridges appear to have been ...GameSpot - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - 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 -
Harris readies to certify Trump’s election win – and her decisive defeat
Kamala Harris is readying on Monday to certify the 2024 election results, affirming President-elect Trump’s victory as well as her decisive defeat to him after a whirlwind run for ...The Hill - Jan. 6 -
Thune says Jan. 6 pardons are decision Trump will have to make
New Senate Majority Leader John Thune (R-S.D.) said it’s President-elect Trump’s decision to pardon Jan. 6 rioters. Thune joined NBC News’s “Meet the Press” for an interview that aired Sunday, ...The Hill - Jan. 5 -
Thune: Trump administration will have to ‘make decisions’ on a ‘realistic’ deportation plan
In an interview with Meet the Press, Senate Majority Leader John Thune (R-S.D.) discusses the feasibility of President-elect Trump’s mass deportation plans, but assured the incoming administration ...NBC News - Jan. 5