Latest in The Fed was more lucky than right in the fight against inflation — and still getting it wrong, these researchers say.
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The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction
Inflation just hit a five-month high in November and asset prices are smashing records.Inc. - 2h -
The Fed was more lucky than right in the fight against inflation — and still getting it wrong, these researchers say.
How successful was the Fed in fighting inflation in the first place? As little as 20% of the fall in inflation was due to the central bank’s rate hikes, researchers say.MarketWatch - 5h -
Trump is attacking the wrong deficit if he hopes to right the economy
The federal budget deficit is a more dangerous threat to Americans’ wealth than the trade deficit.MarketWatch - 21h -
The Fed and Trump are both in a jam — one on inflation and the other on immigration
Trump and the Fed are both in a policy jam —one monetary and the other immigration.MarketWatch - 22h -
'Right decision, wrong process' - lack of DRS mars women's Test
The lack of a decision review system has a big impact on the women's Test match between England and South Africa.BBC News - 23h -
With the Fed poised to cut rates, 'there's an urgency to act now' to get best returns on cash, expert says
With the Federal Reserve poised to cut interest rates again, experts say cash savers would be wise to shop around now for the best yields.CNBC - 1d -
US voters believe Trump will get more done than Biden – but also trust his government less
Survey finds voters think Trump will be an effective president, but don’t believe his administration will share accurate information. Donald Trump won a second White House term in November’s ...The Guardian - 1d -
Jeff Bezos Says Most People Should Take More Risks. Here’s the Science That Proves He’s Right
Jeff Bezos just said we should all reevaluate our approach to risk. Science backs him up.Inc. - 2d -
More than a million vapes a day in UK thrown away, says research
From June 2025 it will be illegal to sell single-use vapes to combat environmental damage. Thirteen vapes are thrown away every second in the UK – more than a million a day – leading to an ...The Guardian - 2d -
More than 120 House Democrats send letter to Biden urging him to ratify Equal Rights Amendment
A coalition of more than 100 lawmakers wrote a letter on Sunday urging President Biden to ratify the Equal Rights Amendment (ERA), which would outlaw gender discrimination in the Constitution. “We ...The Hill - 2d -
Economists trim Fed rate cut estimates on fear of Trump inflation surge
Deregulation, tax cuts and tariffs stoke probability of stubbornly high price growth, FT-Chicago Booth poll findsFinancial Times - 2d -
Treasury yields end at 2- to 3-week highs as Fed struggles with last mile of inflation fight
Yields on U.S. government debt finished higher for a fifth straight session on Friday, as traders grappled with data this week that showed the Federal Reserve is struggling with the final stretch ...MarketWatch - 4d -
No-one gets France's difficulty more than me, says Macron's new PM Bayrou
France's fourth prime minister this year says he fully understands the "Himalayan" task ahead.BBC News - 5d -
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 5d -
Murkowski says she's 'more of a Ronald Reagan Republican' than a Trump one
Sen. Lisa Murkowski (R-Alaska) on Thursday described herself as "more of a Ronald Reagan Republican" than a "Trump Republican." "I don't think I've made any secret of the fact that I'm more of a ...The Hill - 5d -
More than 50 lawmakers faced swatting attacks in past month, Capitol Police chief says
In a Senate hearing Wednesday, the U.S. Capitol Police chief reported more than 50 members of Congress have been victims of swatting attacks in the past month. He said those threats have amounted ...CBS News - 6d -
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs.CNBC - 6d -
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Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 6d -
One inflation measure shows prices heading the wrong way
There are many ways to slice an inflation report in attempt to divine the true underlying pattern of inflation.MarketWatch - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Kevin Ryan Has Invested in More Than 180 Startups. Here’s What He Says Founders Should Focus On
A founding father of New York City’s tech scene explains his unconventional investment philosophy and outlook for venture capital in 2025.Inc. - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
Costco stock is not cheap. Here's why Jim Cramer says the premium is more than worth it
Costco shares continue to crush the S&P 500, putting its valuation into question. Here's why Jim Cramer says stay the course.CNBC - Dec. 10 -
Arctic tundra is now emitting more carbon than it absorbs, US agency says
Drastic shift driven by frequent wildfires, pushing surface air temperatures to second-warmest on record since 1900. The Arctic tundra is undergoing a dramatic transformation, driven by frequent ...The Guardian - Dec. 10 -
Airstrike on North Darfur market kills more than 100, says Sudan lawyers’ group
Hundreds injured in Sudanese military attack in Kabkabiya during town’s weekly market day, group says. A Sudanese military airstrike on a market in North Darfur has killed more than 100 people, a ...The Guardian - Dec. 10 -
What Republicans and Democrats Get Wrong About Crime
An evidence-based approach to criminal justice would tell us that policing works and long prison sentences do not.The New York Times - Dec. 8 -
Want More People to Reply to Your Texts? Stanford Research Says Stop Making This Common Texting Mistake
Do you pepper your messages with abbreviations like ‘imo’ and ‘ttyl’? If so, new research warns you’re making a big texting mistake.Inc. - Dec. 6 -
Despite 2024’s ‘greenlash’, the fight against climate breakdown can still be won. Here’s how | Björn Bremer, Jane Gingrich and Hanna Schwander
The overwhelming majority of Europeans support climate action, but they must be compensated for its costs in tangible ways. This year was not an easy time to be Green. Green parties took a beating ...The Guardian - Dec. 6 -
Pride, bragging rights and more than $115M at stake when final college playoff rankings come out
There’s more than just school pride and bragging rights to all that bellyaching over who might be in and who might be out of college football’s first 12-team playoffABC News - Dec. 5 -
Prescription fills for weight loss drugs Zepbound and Wegovy more than doubled in 2024, GoodRx says
The jump in prescription fills comes despite limited insurance coverage and high out-of-pocket costs for Novo Nordisk's Wegovy and Eli Lilly's Zepbound.CNBC - Dec. 5 -
Owner of more than 2,000 Goosebumps books says building collection eased his anxiety
A psychology professor with more than 2,000 Goosebumps books says building his nostalgic collection became a comforting escape and helped ease his anxiety during the pandemic. Jarid Goodman, 37, a ...Yahoo Sports - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Kirk Cousins returns to Minnesota: Falcons QB playing for even more than expected against former team
This Week 14 homecoming is critical to Cousins for unexpected reasonsCBS Sports - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2