Inflation Hangs Around, Slowing Rate Cut Pace

Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns

Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidency

Financial Times - Dec. 8

Watch Ja Morant's double-clutch reverse slam around Porzingis

Morant scored 32 and nearly had a triple-double as Memphis beat Boston, but all anyone is going to talk about is this dunk.

Yahoo Sports - Dec. 8

The Fed is on course to cut interest rates in December, but what happens next is anyone's guess

Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.

CNBC - Dec. 7

The aging U.S. power grid is slowing Big Tech’s data centers and AI’s future

The Trump administration and state policymakers should ease regulations on utilities.

MarketWatch - Dec. 7

Saquon Barkley on pace to break Eric Dickerson's record, and faces bad run defenses ahead

Barkley is 607 yards from breaking the record. Four of the Eagles' five remaining games are against some of the NFL's worst run defenses.

Yahoo Sports - Dec. 7

Why Powell and the Fed should pause interest-rate cuts in December

Some say November’s jobs data support holding monetary policy steady.

MarketWatch - Dec. 7

Syrian Rebels Push South, Despite Efforts to Slow Them

Government forces appeared to be reinforcing crucial strongholds including the capital, Damascus, and the major city of Homs.

The New York Times - Dec. 6

Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations

Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...

MarketWatch - Dec. 6

Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...

The Guardian - Dec. 6

Jobs report shows hiring surge as Fed weighs interest rate cut

The fresh data marks the first jobs report since the election of Trump.

ABC News - Dec. 6

Lululemon stock jumps as international growth helps to offset slowing U.S. sales

Lululemon has been in a bit of a rough spot after the departure of its longtime Chief Product Officer Sun Choe.

CNBC - Dec. 6

Nasa delays astronaut flight around the Moon

The US is pushing back its planned return to the Moon as it fixes a heat shield issue.

BBC News - Dec. 5

Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut

A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.

MarketWatch - Dec. 5

Italy’s slowing economy raises pressure on Meloni

Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budget

Financial Times - Dec. 5

How climate risks are driving up insurance premiums around the US – visualized

‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say. Concern over the climate crisis may evaporate in the White House from January, but its ...

The Guardian - 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

Kash Patel once said he would 'come after' journalists. It now hangs over his FBI candidacy.

Trump's pick for FBI director, Kash Patel, has vowed to "come after" the media. But he also later emphasized to NBC News that his comments only apply if people "broke the law."

NBC News - Dec. 4

Chipotle says it's raising prices 2% in response to inflation

Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.

NBC News - Dec. 4

Hegseth meets with Republicans as his candidacy hangs in the balance

President-elect Donald Trump's pick for defense secretary has faced sexual assault and workplace misconduct allegations.

NBC News - Dec. 4

Amazon Sued Over Slow Deliveries to Low-Income Areas

The District of Columbia’s attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.

The New York Times - Dec. 4

Job Openings Rebound, Though Hiring Slows

The number of job openings rose last month from a recent low, but the labor market still presents a mixed picture as vacancies were filled at a slower pace.

Inc. - Dec. 4

The positive flipside of rampant inflation

The biggest debt reduction scheme in history?

Financial Times - Dec. 4

Interest rates forecast to be higher for longer due to Budget

Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.

BBC News - Dec. 4

BoE governor expects four UK rate cuts next year as inflation eases

Andrew Bailey welcomes better than expected fall in price growth in FT interview

Financial Times - Dec. 4

Sinkholes around the world – in pictures

After a sizeable sinkhole appeared on a sleepy street in south Wales , here are some of the more incredible views of the phenomenon from Greenwich to Guatemala Continue reading...

The Guardian - Dec. 4

Central banks should tread cautiously with rate cuts, says OECD

Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludes

Financial Times - Dec. 4

Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation

Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.

CNBC - Dec. 4

What drives home equity loan interest rates?

Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.

CBS News - Dec. 3

Global Airlines Too Slow to Switch to Green Jet Fuel, Study Says

The advocacy group Transport and Environment faults carriers for slow adoption rates, and oil producers for underinvesting in the sustainable aviation gas.

Inc. - 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

Biden’s Christmas present for Trump: Sticky inflation

President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.

The Hill - Dec. 3

What's the mortgage interest rate forecast for December 2024?

If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.

CBS News - Dec. 3

Hedge funds profit from ‘Trump trades’ around US election

Element Capital and Graham Capital among macro managers that did well out of recent market swings

Financial 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

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

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