Latest in Powell Points to Two More Normal Size Rate Cuts This Year
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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 - 7h -
Scientists prize neutrality – that doesn’t cut it any more. In 2025, they must fully back the climate movement | Bill McGuire and Roger Hallam
With 2024 set to go down as the hottest year on record, we know that what is coming is truly horrifying. The past 12 months have seen our world enter new territory. Last year will go down as the ...The Guardian - 12h -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 1d -
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 - 9h -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - 9h -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - 9h -
Watch live: Senate Democrats unveil priorities for next two years
Senate Minority Leader Chuck Schumer (D-N.Y.) and other top Democrats will hold a press conference Tuesday afternoon to outline top priorities for the next two years. Vice President Harris gaveled ...The Hill - 10h -
Lebanon elects Joseph Aoun as president after two-year vacancy
Army commander’s election increases confidence that ceasefire with Israel will hold. Lebanon’s parliament has elected the army commander Joseph Aoun as the country’s new president, ending a more ...The Guardian - 12h -
Lebanon elects army chief as president following two-year deadlock
Lawmakers end stalemate in a sign of Hizbollah’s diminished influence after war with IsraelFinancial Times - 15h -
Lebanon finally set to pick a president after two years of trying
Lebanon’s parliament was set Thursday to make yet another effort to elect a president, filling a vacuum that’s lasted for more than two years.NBC News - 19h -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 1d -
Trotter's 10 Trends: Inside Duke's 3-point eruption, Florida stonewalls No. 1 Tennessee and more takeaways
Donovan Dent's no-look dimes and transfers who have changed their games are other top trends Isaac Trotter is trackingCBS Sports - 1d -
Micah Parsons predicts Cowboys will be 'holding the trophy' next year 'point-blank, period'
Parsons has high hopes for his team in 2025CBS Sports - 1d -
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. - 1d -
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 - 1d -
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Pity the middle-sized nations of the world
Small countries have the best outcomes, while the few giants shape the globeFinancial Times - 1d -
The normalizers are exuding calm – but Trump 2.0 is anything but normal
Trump’s repeated threats to US allies mark a new and alarming departure, indicating he’ll top his first term by going more extreme. Hollywood actors at Sunday’s Golden Globe awards did not make ...The Guardian - 2d -
U.S. transfers 11 Guantanamo detainees to Yemen after more than two decades without charge
The Pentagon said Monday it had transferred 11 Yemeni men to Oman this week after holding them for more than two decades without charge at the U.S. naval base in Guantanamo Bay, Cuba.NBC News - 2d -
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 - 2d -
Two more Mets deserving of number retirement with David Wright's No. 5 getting immortalized
With the New York Mets retiring David Wright's No. 5, who should be next?Yahoo Sports - 3d -
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 - 3d -
Powell scores 20, Leonard has 12 points in return as Clippers cruise to 131-105 victory over Hawks
Norman Powell scored 20 points, Kawhi Leonard added 12 in his first game of the season and the Los Angeles Clippers rolled to a 131-105 victory over the Atlanta HawksABC News - 4d -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - 4d -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - 5d -
Two more family members sentenced in Ohio crime of ‘boundless depravity’
Eight members of a family were killed in a 2016 shooting and another two members received lengthy sentences. Two more family members convicted in the killings of eight members of an Ohio family ...The Guardian - 6d -
Looser, More Comfortable Workout Clothes for the New Year
Skintight leggings, crop tops and unitards have long been the workout uniform, but women’s active wear trends are expanding.The New York Times - 6d -
WWE begins its Netflix era after years of controversy, drama and ratings
On Monday, WWE "Raw" will stream exclusively on Netflix. The wrestling franchise is hoping for a huge global and multigenerational audience following years of success on TV and drama inside and ...Los Angeles Times - 6d -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - 6d -
U.S. dollar index hits more than two-year high as markets brace for Trump return
Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.CNBC - Jan. 2 -
Two stabbings at two NYC subway stations occurred New Year's Day
The attacks are part of a recent series of unrelated violent incidents occurring on or near subways.The Hill - Jan. 2 -
2025 Pro Bowl rosters: Chiefs' Patrick Mahomes misses initial cut for first time in six years
Mahomes is listed as an alternate behind Joe Burrow, Josh Allen and Lamar JacksonCBS Sports - Jan. 2 -
Why teams should go for two to win rather than kick extra point to tie more often
The Falcons and Broncos suffered costly overtime losses in Week 17 after opting to kick game-tying extra pointsCBS Sports - Jan. 2 -
2025 NFL QB market: Top free agents, trade targets, cut candidates, projected landing spots, contracts, more
Playing matchmaker for big names and needy teamsCBS Sports - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - Jan. 2 -
The attack was the deadliest in the U.S. in more than a year.
Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.The New York Times - Jan. 1 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1 -
Two teenagers killed in New Year's Day crash
A boy aged 16 and an 18-year-old man died in the crash in East Yorkshire, police say.BBC News - Jan. 1