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The coming global interest-rate collapse will force the Fed to cut four times in 2025
Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.MarketWatch - 22m -
Sticky inflation creates rift at Fed over how much to cut rates
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.MarketWatch - 22m -
Fiscal concerns should not hold up tax cuts
Small business supports extending the Tax Cuts and Jobs Act. However, some Republicans are calling for spending cuts to offset the cost of the tax cuts.The Hill - 23m -
Nissan could face cost-cutting 'carnage' in Honda merger, Carlos Ghosn says
"There is practically no complementarity here," the former Nissan CEO told CNBC.CNBC - 57m -
Russian court sentences US citizen to 15 years in jail for espionage
A Russian court has sentenced a U.S. citizen to 15 years in jail for espionage on Tuesday, according to Russian state media outlets. Eugene Spector, who was born in Russia but later moved to the ...The Hill - 1h -
‘I Don’t Digest Food Properly Now’: The Pressure of Managing a Soccer Team
Premier League managers have a hard time switching off. Some struggled to describe how they relax.The New York Times - 2h -
US banking lobby sues Fed over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinationsFinancial Times - 2h -
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...MarketWatch - 2h -
The Best Bakeries in America
In this golden age of American bakeries, virtuosic pastries and delightful breads are close at hand, from coastal Maine to downtown Los Angeles.The New York Times - 2h -
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short.CNBC - 3h -
NFL on Netflix: What’s at stake for the league, the streamer, the fans and the NBA
As Netflix prepares for its Christmas Day NFL close-up, there's plenty on the line for everyone involved.Yahoo Sports - 3h -
For more than 50 years the BBC’s Somali service has been broadcasting an anti-colonial message – without realising it | Mohammed Hirmoge
The instrumental theme tune is popular, catchy and authoritative – perfect for the coloniser’s news service. Unfortunately, everyone knows the lyrics. The British Broadcasting Corporation’s Somali ...The Guardian - 3h -
Ranking top-5 NFL rookie pass-catchers: Brock Bowers on verge of history; Marvin Harrison Jr. misses cut
The best first-year pass-catchers in the NFLCBS Sports - 3h -
Gary Player is 89 and has a new girlfriend. Nelly Korda has dog sledding in her holiday plans
Gary Player is constantly preaching the value of love in societyABC News - 3h -
Where is Santa right now? NORAD tracker maps his Christmas flight
NORAD, the North American Aerospace Command, is tracking Santa on his trip around the world this Christmas, so children and families can see where he is right now.CBS News - 6h -
FirstFT: Private equity groups unable to sell or list China-based portfolio companies
Also in today’s newsletter, picks for France’s new cabinet, and Russian cargo ship sinks in the Mediterranean SeaFinancial Times - 7h -
Review: A woman's boxing prowess makes her a hard sell in the subtle, complex 'The Fire Inside'
Claressa Shields, whose ring talents led her to Olympic glory, had a hard time connecting with a sponsor, as this sensitive, after-the-glory movie dramatizes.Los Angeles Times - 7h -
Don't Look Now, but China's AI Is Catching Up Fast
Chinese artificial-intelligence startups are using workarounds to challenge OpenAI despite a lack of access to advanced chips.The Wall Street Journal - 7h -
Trump Will Confront a More Vulnerable but Determined Iran
“Coercive diplomacy” could leave Tehran to choose either a negotiated disassembly of its nuclear capability, or a forced one.The New York Times - 8h -
Syria's Rebel Leaders Have Control of the Country. Now What?
The new Islamist-led government promises moderation, but officials aren’t committing to such issues as women’s rights or free elections.The Wall Street Journal - 16h -
Israeli tech CEO who was severely wounded in Gaza sells startup for about $100 million
Less than a year after being wounded in Gaza, Itamar Ben Hemo sold software startup Rivery last week to Pennsylvania-based Boomi.CNBC - 20h -
How Google Maps Makes It Harder for Palestinians to Navigate the West Bank
One user told WIRED that Google Maps directed them to “drive right into a wall that’s been up since 2003.”Wired - 1d -
Biden has appointed more Black federal judges than any other president
As Biden confirms his final judicial nominees before his single term in office ends, he is on track to have appointed the most federal judges of color of any president.NBC News - 1d -
Netflix's Boxing Match Was a Glitchy Mess. The Stakes for Its Christmas NFL Games Are Even Higher.
The broadcasts, which include a Beyoncé performance, follow problems with a heavily watched boxing showcase and represent a major live-event test for the streaming giant.The Wall Street Journal - 1d -
Cathie Wood’s ETF keeps selling Tesla stock even as she gets more bullish
Cathie Wood’s flagship Ark Innovation ETF continues to sell Tesla shares, but the value of its stake has climbed above $1 billion.MarketWatch - 3h -
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.MarketWatch - 3h -
Russia Sentences a U.S. Citizen, Eugene Spector, to 15 Years for Espionage
Eugene Spector was already serving a sentence for a bribery conviction when he was charged with spying, for which a court ordered him to serve an additional 13 years.The New York Times - 3h -
Arm v. Qualcomm: A trial ends — now the fallout begins
Arm’s profit-centered push should concern participants in the company’s extensive ecosystem.MarketWatch - 5h -
My Social Security benefit will be $4,500 a month. My wife’s is now $615. Can she get more?
“She stopped working about 15 years ago and started drawing her Social Security when she was 62.”MarketWatch - 5h -
American imprisoned in Russia given new 15-year jail term for "espionage"
Russian-born U.S. citizen Gene Spector, who is already imprisoned in Russia on a bribery conviction, has been handed a second 15-year jail term for espionage, Russian media reports.CBS News - 6h -
American imprisoned in Russia sentenced to new 15-year jail term for espionage
A Russian-born U.S. citizen already imprisoned in Russia on a bribery conviction has been handed a second 15-year jail term for espionage, Russian news agencies reportedABC News - 8h -
Russian court jails U.S. citizen Eugene Spector for 15 years in espionage case, state news reports
A Russian court has sentenced U.S. citizen Eugene Spector to 15 years in jail for espionage, Russia’s RIA state news agency reported on Tuesday.NBC News - 8h -
These Students Ousted Bangladesh’s Government. Now They’re Rebuilding a Democracy.
It is a daunting task for Bangladesh. But an unusual mix of young people and seasoned technocrats are determined to make the most of their opening.The New York Times - 13h -
Chicago man sells "hardest pizza to get" in alley and donates proceeds to charity
Once a month, a pie slinger in Chicago sells pizza out of a truck in an alley. His thin crust pizza is so popular, it usually sells out within minutes — raising plenty of dough for a good cause. ...CBS News - 16h -
An Architect of Trump’s Tough Latin America Policies Is Named Envoy
A longtime proponent of harsh sanctions, Mauricio Claver-Carone was forced out of his job at the Inter-American Development Bank in 2022.The New York Times - 16h -
Fed says it is weighing changes to bank tests for systemic risk
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatilityFinancial Times - 19h -
Aaron Rodgers says he's willing to take pay cut, mentor Jets rookie QB in 2025 if veteran returns to New York
The 41-year-old Rodgers, however, still hasn't decided if he will play in 2025 or notCBS Sports - 21h -
France has a new government. Now it must fix the budget while avoiding collapse
French President Emmanuel Macron’s office announced a new government Monday, after the previous Cabinet collapsed in a historic vote prompted by fighting over the country’s budgetABC News - 23h -
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My sewing group makes reusable produce bags - cutting back on plastic and textile waste
Read more from My DIY climate hack , a series on everyday people’s creative solutions to the climate crisis Single-use plastic bags are not only wasteful, they cause serious damage to the ...The Guardian - 1d
