Rate Cut Decision Was Narrow, Fed Minutes Show

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 - 1h

Why two Fed officials doubt the need for many more rate cuts

One official warned that “progress on inflation could continue to stall.”

MarketWatch - 1h

Cutting out alcohol for "Dry January"

Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.

CBS News - 3h

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - 23h

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 - 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

Telemedicine for Seniors Gets a Last-Minute Reprieve

Some older Americans have come to depend on virtual consultations with doctors, covered by Medicare. To keep that option in the future, Congress will have to act quickly.

The New York Times - 4d

Jimmy Carter: The 1980 60 Minutes Interview

In August 1980, a few months before the presidential election, Dan Rather interviewed President Jimmy Carter in the Oval Office. The state funeral for Carter, who died at age 100, will be held ...

CBS News - 9h

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 - 9h

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 - 21h

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial Times - 23h

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 - 23h

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 - 23h

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 - 1d

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 - 1d

The Secret Sauce to Fixing the N.B.A.’s Ratings Woes

Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.

The New York Times - 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

Here's where mortgage rates could be headed in 2025

Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.

The Hill - 1d

5 Minutes That Will Make You Love Jazz Guitar

The instrument hasn’t always been a central player in jazz, but the best guitarists have taken up the challenge of finding their own way. Fourteen musicians and writers share their favorites.

The New York Times - 1d

Virginia Democrats maintain narrow legislative majorities after special election wins

Democrats won a pair of special legislative elections in Virginia Tuesday, allowing the party to maintain their narrow majorities in both chambers.

NBC News - 1d

Source: City eye deal for £50m-rated Marmoush

Manchester City are exploring a deal to sign striker Omar Marmoush, a source has told ESPN, but accept that it will be difficult to prise him away from Eintracht Frankfurt.

ESPN - 1d

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 - 2d

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 - 2d

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 - 2d

Do Tom Thibodeau's Knicks have a minutes problem?

After winning nine games in a row and capping a strong 12-2 December, the Knicks fell in back-to-back games in which they looked outmatched without their starting unit in and gassed down the stretch.

Yahoo Sports - 3d

7 ways to get a lower mortgage rate in 2025

Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.

CBS News - 3d

German inflation rate climbs to 2.6% in December

Yahoo News - 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

Arteta: 'Never seen' decision like Brighton penalty

Arsenal manager Mikel Arteta said he has "never seen" a decision like the penalty awarded to Brighton in his team's 1-1 draw at the Amex Stadium on Saturday.

ESPN - 4d

Telemedicine for Seniors Gets a Last-Minute Reprieve

Some older Americans have come to depend on virtual consultations with doctors, covered by Medicare. To keep that option in the future, Congress will have to act quickly.

The New York Times - 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

Oilers Announce Last Minute Lineup Changes

The Edmonton Oilers made a surprise change right before playing the Seattle Kraken.

Yahoo Sports - 4d

1 cigarette can decrease life expectancy by 20 minutes: Data

In 2000, data published in The BMJ estimated one cigarette would cost a person 11 minutes of their life.

The Hill - 6d

Neil Young reverses decision on canceled Glastonbury performance

The 79-year-old rock legend said he'll perform at this year's Glastonbury festival after announcing earlier that he'd pulled out.

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

Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes

Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...

MarketWatch - 6d