The Fed Holds Rates Steady, Hitting Pause After a Series of Cuts

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

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - Jan. 8

Nvidia stocks soar after GeForce RTX 50 series debuts at CES

Chipmaker Nvidia shares surge after founder Jensen Huang unveils next generation of AI for gamers at CES 2025.

CBS News - Jan. 7

Freezing temperatures take hold after major winter storm sweeps across U.S.

Millions of Americans are digging out from the first major winter storm of the year as freezing temperatures grip much of the country. CBS News national correspondent Manuel Bojorquez has more.

CBS News - Jan. 7

Taiwan holds military drills as concerns rise over possible defense budget cut

Taiwan is beginning three days of military drills as concerns rise over potential cuts to the island's defense budget

ABC News - Jan. 7

Snow and ice warnings remain after floods hit UK

The Met Office says wintry weather is expected to bring icy roads and travel delays across the UK.

BBC News - 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 spending

Financial Times - Jan. 7

Alaska's snow crab season is back after pause, but uncertainty looms

Biologists blamed the rapid decline of snow crab on a 2018 climate-fueled heatwave. Some fishermen are still reeling as they face a murky future.

CBS News - 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

Patriots fire Jerod Mayo: Rob Gronkowski blasts New England for cutting ties with head coach after one season

Gronk was clearly shocked about New England's move

CBS Sports - Jan. 6

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 - Jan. 5

Australia win Border-Gavaskar series 3-1 after beating India by six wickets in SCG thriller

Travis Head and Beau Webster lead winning run chase of 162 India come to rue day two injury to bowling star Jasprit Bumrah Any thoughts? Email our writers 35th over: India 148-7 (Washington ...

The Guardian - Jan. 5

Sunday shows preview: US reels after New Year's attacks; 119th Congress hits ground running

The U.S. is reeling from a pair of New Year’s Day attacks in Nevada and Louisiana that have taken multiple lives and injured dozens. Authorities said the suspect in the New Orleans terror attack, ...

The Hill - Jan. 4

Olympian Fred Kerley hit with stun gun and arrested in Florida after altercation with police

Sprinter Fred Kerley was arrested after an altercation with South Florida police that ended with the two-time Olympic medalist hit with a stun gun, officials said Friday.

NBC News - Jan. 4

Top Fed official warns of US inflation risk after Trump takes power

Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffs

Financial Times - Jan. 3

U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach

The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.

The New York Times - Jan. 3

Slovakia threatens to cut aid to Ukrainian refugees after Kyiv shuts off Russian gas pipeline

Yahoo News - Jan. 3

SPFL appeals for witnesses after Engels hit by coin

The Scottish Professional Football League has appealed for fans to contact Police Scotland with information that will help find whoever threw a coin that struck Celtic midfielder Arne Engels during ...

BBC News - Jan. 3

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 - Jan. 3

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 - Jan. 3

Two dead after plane hits factory roof near LA

Police say that 18 people were also injured during the incident in Fullerton, California.

BBC News - Jan. 3

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 - Jan. 3

Man dies after car hit pedestrians on Christmas Day

A man who was hurt when a car hit pedestrians in London's West End on Christmas Day has died.

BBC News - Jan. 2

Bengals become first team in NFL history hit with this brutal scheduling quirk after being flexed in Week 18

The NFL hit the Bengals with a brutal scheduling quirk that no other team has ever had to deal with

CBS Sports - Jan. 2

Texans' Azeez Al-Shaair says he was in a 'really dark place' after suspension for hit on Lawrence

Houston Texans linebacker Azeez Al-Shaair says he was in a “really dark place” and wondered if he’d ever play football again in the days after he was suspended for three games for his hit on ...

ABC News - Jan. 2

Wholesale gas price hits highest level in 14 months after Russian supplies stop

Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...

The Guardian - Jan. 2

Puerto Rico swears in new governor days after major blackout hit island

Jenniffer González Colón has been sworn in as Puerto Rico’s new governor as the island prepared for a normally ebullient ceremony overshadowed by widespread anger over a blackout that hit the U.S. ...