The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means

Here's what changed in the new Fed statement

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Business - CNBC - 2 days ago

Fed Chair Powell: Election will have 'no effects' on policy decisions

Federal Reserve Chair Jerome Powell said the presidential election will have “no effects” on policy decisions. The fed cut key interest rates a quarter point.

What Trump’s Win Means for the Federal Reserve and Jerome Powell

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

Business - The New York Times - 2 days ago

Dow transports finally break out. Here’s what the Dow theory says that means.

Dow transports and Dow industrials closed at records simultaneously for the first time in three years on Wednesday.

Business - MarketWatch - 3 days ago

Trump’s Embrace of RFK Jr. Puts Fluoride, Vaccines and Obamacare on the Agenda

Donald Trump’s pledge to let Robert F. Kennedy Jr. “go wild on health” has put three issues on the agenda in the final days of the 2024 campaign.

Health - The New York Times - 4 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 2 days ago

What a potential Fed rate cut could mean for the economy

As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

Fed cuts rates by quarter point: What it means for your money

The Federal Reserve announced it will lower interest rates by a quarter point. It’s a decision that impacts everything from home loans to credit cards. NBC’s Christine Romans joins TODAY to break ...

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Why tuition fees are set to rise - and what this means for students

With the cost of living rising, many students are concerned about the growing financial pressures at university

Here's what to expect with the Fed's rate cut decision on Thursday

The Federal Reserve will make a rate cut decision on November 7. Here's what economists expect.

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

What a new labor contract could mean for Boeing

About 33,000 striking Boeing workers were voting Wednesday on whether to ratify a new contract with the embattled aircraft manufacturing giant. The four-year deal comes with a 35% pay hike, as well ...

A quarter of U.S. households live paycheck to paycheck, analysis finds

Soaring cost of food, housing and other staples means more Americans are just getting by, Bank of America Institute survey shows.

The ‘Silver Tsunami’ is coming. Here’s what it means for your career

The Great Resignation… the Big Quit… the Great Realization… Whatever you called it, the pandemic heralded a seismic shift in how American workers viewed and approached work and their careers. ...

Politics - The Hill - October 25

A key inflation measure drops to 2.1%. Here's the interest rate impact.

The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.

Here’s what Super Micro’s struggles may mean for Nvidia and Dell

Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s auditor exit, which could start helping Dell next year.

Business - MarketWatch - 4 days ago

Trump is not expected to try to fire Fed Chair Powell

Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.

Business - MarketWatch - 2 days ago

The IRS has announced its new 2025 tax brackets. Here's what to know.

The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.

Caitlin Clark has a new coach. Here’s what to expect from Indiana Fever’s Stephanie White

Stephanie White couldn’t hide her enthusiasm at her introductory press conference for the Indiana Fever. Beyond her extensive ties to the organization and the region, White is stepping into a ...

Sports - Yahoo Sports - 2 days ago

The Fed hasn’t tamed inflation — and the stock market has yet to figure that out

Stocks can handle moderate inflation as long as economic growth persists

Business - MarketWatch - November 2

Macron Finds Out What Power Sharing Means, Doesn’t Like It

World - Yahoo News - October 19

The Thibaults are out in Washington: What it means for Mystics, five WNBA coaching vacancies

The Mystics parted ways with Eric Thibault on Wednesday, leaving all four teams in the WNBA draft lottery without head coaches.

Sports - ESPN - October 24

What Germany’s new naval base means for Baltic security

Also in this newsletter: the UK joins the EU in committing to the G7 loan to Ukraine

World - Financial Times - October 22

What Trump's win means to news organizations as mainstream media fight for relevance

News consumers are slipping away from TV networks and newspapers. Trump's victory showed how legacy media is losing relevance to personality-driven programming, including podcasts.

Entertainment - Los Angeles Times - Yesterday

Will home prices rise with more Fed rate cuts? Here's what experts think.

With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - 2 days ago

Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - 2 days ago

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 2 days ago

Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.

Business - The New York Times - Yesterday

Powell and the Fed won't be able to avoid talking about Trump forever

The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.

Business - CNBC - Yesterday

Fed's Powell says Trump can't fire him; `Not permitted under the law'

Politics - Politico - 2 days ago

Here's what a Kamala Harris or Donald Trump win would mean for the stock market

The stock market has soared during the presidential campaign. Will it continue?

Raphinha's star is born at Barcelona: Here's what statement Champions League win means with Real Madrid next

Raphinha scored a hat trick in Barcelona's 4-1 win over Bayern Munich

Sports - CBS Sports - October 24

The next U.S. president could face a tax battle in 2025 — here's what it means for investors

The next U.S. president could face a tax battle in 2025 over expiring tax breaks enacted by former President Donald Trump. Here's what it means for investors.

Business - CNBC - 4 days ago

Trump says he will give RFK Jr. a major health role. Here's what that means for patients, drugmakers

Some health experts say Kennedy, even in an informal role, could potentially lead to real consequences for patients, drugmakers and the nation's public health.

Business - CNBC - 3 days ago

Here's what President-elect Trump's tariff plan may mean for your wallet

President-elect Donald Trump proposed sweeping new tariffs on the campaign trail that may raise prices for consumers and trigger job loss, economists said.