Latest in The Fed is likely to cut rates, but some worry it may not be the right move, CNBC survey found
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CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - 1h -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - 5h -
Syria’s New Rebel Government Orders Changes to School Curriculum, Worrying Some Syrians
Syria’s new government has swiftly ordered changes to school curriculums. Some Syrians say the move is a worrying sign of how the former rebels plans to govern a diverse country.The New York Times - 9h -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - 13h -
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Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - 14h -
Austrian far-right leader meets president, likely to be asked to form government
Austrian Freedom Party leader Herbert Kickl is meeting the country’s president as expectations mount that he will be tasked with trying to form a new government, which would be the first led by the ...ABC News - 22h -
Rudy Giuliani found in contempt of court
A judge has found Rudy Giuliani in contempt of court for failing to properly respond to requests for information in response to a $148 million defamation judgment granted to two Georgia election ...CBS News - 10h -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - 11h -
How Trump is responding to some of Biden's final moves
President-elect Donald Trump may try to undo some of President Biden's final moves while in the White House. CBS News' Aaron Navarro breaks down what to expect from the incoming administration.CBS News - 12h -
Paxlovid may help some long COVID patients: Research
A small study published Monday found that the COVID-19 antiviral treatment Paxlovid may have use as a treatment for long COVID when administered outside of an infection. Administration of Paxlovid ...The Hill - 13h -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - 14h -
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 - 20h -
What is human metapneumovirus, are cases surging in China, and should we be worried?
Surging HMPV cases in northern China have prompted some online alarm but experts say the risk of another Covid-like pandemic is low. Human metapneumovirus (HMPV) is a respiratory disease that ...The Guardian - 1d -
Legal aid cuts deny parents their human rights, says ex-supreme court president
Exclusive: David Neuberger believes lack of access to state-funded lawyers for family disputes is ‘wrong in principle’. The former president of the supreme court has said parents are being deprived ...The Guardian - 1d -
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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 - 2d -
PGA Tour moves toward changes to FedEx Cup finale. Finding a solution everyone likes won't be easy
Commissioner Jay Monahan wasn’t kidding when he told the PGA Tour staff in his year-end message that everything was on the tableABC News - 2d -
German leader is more worried about Musk's backing of a far-right party than his insults
German Chancellor Olaf Scholz says he's staying “cool” against critical personal comments made by Elon Musk but finds it worrying that Musk makes the effort to get involved in Germany's general ...ABC News - 2d -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - 3d -
Possible Tariff Effects May Dim Some Buzz at CES
Auto and tech exhibitors at the massive trade show that runs in Las Vegas from Jan. 7-10 will have to factor in the impact of Trump’s promised import levies as they try to grab headlines for new ...Inc. - 3d -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - 3d -
GOP trust in election accuracy rises after Trump's victory: Survey
A growing number of Republicans say they’re confident that the votes in the 2024 presidential election were counted accurately in the wake of President-elect Trump's victory in November, according ...The Hill - 3d -
Johnson job performance slips among Republicans: survey
Speaker Mike Johnson’s (R-La.) job performance is slipping among Republicans, according to a new survey. An Economist/YouGov poll conducted between Dec. 21 and Dec. 24 and released on Thursday ...The Hill - 3d -
Why this analyst isn’t worried about Tesla’s deliveries miss
Tesla has “a generational set of growth opportunities ahead,” according to Canaccord Genuity.MarketWatch - 3d -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - 3d -
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 - 4d -
CNBC Daily Open: New year, old problems for stocks
On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields.CNBC - 4d -
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 - 4d -
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Report: Teams eyeing Fox trade believe offseason move more likely
The NBA teams who could have interest in a potential trade for star Sacramento Kings guard De'Aaron Fox believe a move is more likely to happen in the offseason.Yahoo Sports - 4d -
Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - 4d -
Americans more likely to embrace driverless cars, but still skeptical: Survey
Americans are more likely to embrace driverless cars but are still skeptical of them, according to a new survey from YouGov. In the survey, 35 percent of Americans said when it comes to driverless ...The Hill - 4d -
Commanders' Kliff Kingsbury would like to be head coach again 'at some point,' shares what he'd do differently
The OC says he likes it in Washington, but won't comment on if he will interview for other open positionsCBS Sports - 4d -
Content Creators Worry OpenAI Won’t Release a Tool That Promised to Protect Their IP
OpenAI said it would make it easy for content creators to prevent their material from being used to train AI, but it hasn’t yet delivered.Inc. - 4d -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - 4d -
With a playoff blowout of Oregon, Ohio State proves it's moved past the Michigan loss — and may be at the peak of its powers
That Ohio State is one of college football’s last four standing is equal parts predictable and surreal. After all, it was barely a month ago that the Buckeyes endured a loss that rocked the program ...Yahoo Sports - 5d -
Packers CB Jaire Alexander has surgery on right knee, will likely miss remainder of 2024 season
Alexander tore the PCL in his right knee during Week 8. The Packers hope he could return if they make it to the Super Bowl.Yahoo Sports - 5d