Latest in The unemployment rate for Black women fell in December, following a sharp rise
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Cassidy offers no direct endorsement of RFK Jr. following meeting
Sen. Bill Cassidy (R-La.), the new Senate Health, Education, Labor and Pensions (HELP) Committee chair, did not immediately endorse Robert F. Kennedy Jr., President-elect Trump’s pick to be Health ...The Hill - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Power lines fell as Palisades Fire raged in California
The Palisades Fire, which is spreading into Malibu, downed power lines and charred homes as residents tried to evacuate. CBS News Los Angeles' Michele Gile reportsCBS News - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
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How a Revamped McDonald’s Value Menu May Force Rivals to Follow Suit Again
Initially introduced last June as a limited promo, a revived and extended $5 “McValue” menu seeks to lure back larger volumes of inflation-rattled customers to McDonald’s.Inc. - Jan. 8 -
England Hockey to ban transgender women from female category
England Hockey announces it will ban transgender women from competing in the female category from the start of next season.Yahoo Sports - Jan. 8 -
Pam Bondi’s Rise From Lobbyist to Attorney General Pick
Pam Bondi, whom President-elect Donald J. Trump intends to nominate as attorney general, received trips and donations funded by those seeking favors from her Florida office.The New York Times - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
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