Latest in Powell testifies in Congress as inflation remains high
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US inflation unexpectedly increases
US inflation increased by more than expected last month, pushing up the cost of living for Americans.BBC News - 42m -
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 - 9h -
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. - 15h -
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 -
Luis Rubiales, Spain’s Former Top Soccer Official, Testifies About Kissing Star Player
Luis Rubiales said at his sexual assault trial that he had asked permission to kiss the star player Jennifer Hermoso after the country’s national team won the 2023 Women’s World Cup.The New York Times - 1d -
Rosa DeLauro: Congress, Not Trump, Controls the Money
It is right there, as clear as day in Article I, Section 9, Clause 7, that the legislature controls the money.The New York Times - 7h -
Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 9h -
LIV CEO: Norman's 'a gift,' remains with league
New LIV Golf CEO Scott O'Neil says predecessor Greg Norman remains on the league's board of directors, lauding him for "his experience, his leadership, his friendship."ESPN - 9h -
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 - 10h -
Watch live: Powell testifies before House on state of US economy
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...The Hill - 13h -
US to remain in Ukraine arms initiative, says UK
Donald Trump had previously warned that he could suspend US shipments to KyivFinancial Times - 14h -
The best games every remaining day of the regular season
These must-watch games will decide conference races and March Madness seeds.ESPN - 16h -
Some House Republicans ask Congress to make California wildfire aid conditional
A group of House Republicans is asking Congress to include the rollback of California environmental standards as a condition of the state receiving federal wildfire aid. Andy Picon, reporter at E&E ...CBS News - 1d -
Annuity sales soar to 10-year high
Higher rates and economic fears persuade retirees to opt for guaranteed incomesFinancial Times - 1d -
‘I Was Dying’: Salman Rushdie Testifies About Terrifying Stabbing Attack
The author recounted in vivid testimony the moment when an attacker stabbed him about 15 times as he was about to give a lecture in western New York.The New York Times - 1d -
Salman Rushdie testifies that he feared he was dying during stabbing attack
Salman Rushdie described in graphic detail Tuesday the frenzied moments in 2022 when a masked man rushed at him on a stage in western New York and repeatedly slashed him with a knife, leaving him ...NBC News - 1d -
Rubiales testifies he asked to kiss Hermoso
Former Spanish soccer federation president Luis Rubiales, accused of trying to downplay a kiss on Jenni Hermoso, is set to testify before a judge on Tuesday.ESPN - 1d -
How Jerome Powell testified on Capitol Hill
Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's Department of Government Efficiency (DOGE) accessing the personal information of ...CBS 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 -
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 -
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 -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 1d -
High Court approval in assisted dying bill to be dropped
Changes to proposed legislation may cost it backing of wavering supportersFinancial Times - 1d -
Spain coach testifies Hermoso wasn't punished
Spain women's coach Montse Tomé told a judge Monday she was not trying to punish Jenni Hermoso by omitting her from the national team in the fallout of the kiss by former football federation ...ESPN - 1d -
The high cost of using military planes for deportation
President Trump says he is looking to eliminate wasteful spending in the federal government., but that may be at odds with what he's doing to keep another campaign promise. Jason Allen has been ...CBS News - 2d -
Treasury yields finish mixed as investors await Powell testimony, inflation data
Yields on U.S. government debt held to a tight range despite President Donald Trump’s plan to impose 25% tariffs on imports of steel and aluminum, with investors looking ahead to a busy week of ...MarketWatch - 2d -
Trump's federal worker buyout plan will remain on hold for now, judge says
The buyout plan has been promoted by Elon Musk, the head of President Donald Trump's so-called Department of Government Efficiency.CNBC - 2d -
How Democrats in Congress are tackling Trump's massive government changes
Democrats in Congress are working on messaging and other moves to confront President Trump's changes as he settles into his second term in the White House. CBS News' Taurean Small reports from ...CBS News - 2d -
For Japanese Americans displaced by war and now wildfire, roots remain elusive
Families whose homes burned in the LA fires recall second world war evacuations and fight to retain connection. The beige ranch house on Mariposa Street had a tatami room with paper windows – a ...The Guardian - 2d -
Trump brings members of Congress to Super Bowl
President Donald Trump is at the Caesars Superdome in New Orleans watching the Super Bowl, marking the first time a sitting president appears at the game.ABC News - 2d -
Congress should stop researching data center threats and start protecting them
It’s crucial that data center operators be prepared to counter adverse events.The Hill - 3d -
Is US inflation on the way down?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Japan’s borrowing costs soar to 14-year high
Investors bet on faster interest rate rises, saying inflation is ‘for real this time’Financial Times - 3d -
Tourists leave after earthquakes rock Santorini, but resilient locals remain
Many started evacuating the island as it was hit by tremors - but some have decided to stay.BBC News - 4d -
China’s credibility on trade and Taiwan remains elusive
Trump must avoid the temptation to pursue a wide-ranging grand bargain that attempts to totally reforge the trade and security relationship between the U.S. and China.The Hill - 4d -
Congress must prevent a mass-amnesty for COVID fraud
Don't give criminals and fraudsters a “get out of jail free” card for COVID fraud.The Hill - 4d -
A Trade War Is on Hold, but Trump’s Motives and a Fix Remain Uncertain
President Trump announced potentially crippling tariffs against Canada, only to suspend them for 30 days. What will satisfy him remains unknown.The New York Times - 4d -
This High-Tech Handlebar Is Coming With Help From OnlyFans
Former BMW and Porsche engineers are hoping to forge a new path in bike gear by making a first-of-its-kind digital bicycle upgrade.Wired - 6d -
Jobless Benefit Claims Rose, But Layoffs Remain Relatively Low
The Labor Department said jobless claims rose by 11,000 last week to 219,000, a bit higher than expected.Inc. - 6d