Latest in Wharton's Jeremy Siegel says stock sell off is 'healthy' as cautious Fed gives investors a 'reality check'
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Airlines and Senators Battle Over Added Fees for Checked Bags and Seating
At a congressional hearing on Wednesday, senators framed the tacked-on fees for passenger seats or bags as akin to extortion. Airline executives pushed back, saying they gave customers options.The New York Times - Dec. 4 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - 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 -
Tyrese Haliburton says Pacers are putting an 'embarrassing' product on the floor and need a 'reality check'
Indiana is 9-13 after making the Eastern Conference finals last seasonCBS Sports - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - 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 -
Clifton Wharton, Who Rose to the Top at Several Institutions, Dies at 98
Wharton was the first Black person to head TIAA-CREF, Michigan State University, the State University of New York and the Rockefeller Foundation.The Wall Street Journal - Dec. 4 -
Democrats are checked out after their drubbing — here’s how they can reengage
Democrats were once masters of the populist message. If they want to rebuild after last month’s electoral disaster, they’ll need to reconnect with that part of their political psyche — fast.The Hill - Dec. 4 -
Investors' crypto donations to charity skyrocket. Why it can be 'hugely beneficial,' expert says
There's soaring interest in donating crypto to charity, according to Fidelity Charitable. Here's how those donations can pay off at tax time.CNBC - Dec. 4 -
Police illegally sell restricted weapons, supplying crime
These high-powered weapons are only meant for police. How are they ending up in criminals' hands?CBS News - Dec. 4 -
Stocks and bonds haven’t moved together like this in three decades – and that’s putting portfolios at risk, says State Street
A so-called balanced portfolio is anything but given the correlation of stock and bond returns as well as concentration in stocks.MarketWatch - Dec. 4 -
Investors signal a return to UK equities
November was the first month for over three years that money came back into British stocksFinancial Times - Dec. 4 -
‘Owning Manhattan’ reality star Ryan Serhant gives a glimpse into stunning $14 million West Village gem
Ryan Serhant opens the doors to Andy Cohen’s meticulously renovated New York City home.MarketWatch - Dec. 4 -
Rio Tinto investor urges mining giant to drop primary London listing
Hedge fund with £197m stake leads push to prioritise Sydney exchange as FTSE 100 firm outlines ambitious copper production targets. An activist investor in Rio Tinto has demanded the miner scrap ...The Guardian - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Republican senators torn over FBI background checks for Trump Cabinet picks
Republicans senators returned to Washington after Thanksgiving recess to a renewed peppering of questions about President-elect Donald Trump's Cabinet picks.ABC News - Dec. 3 -
Trump team agrees to DoJ background checks for nominees
Transition officials sign agreement after weeks-long delay as teams of investigators ready to process clearances. Donald Trump’s transition team on Tuesday signed an agreement to allow the US ...The Guardian - Dec. 3 -
Trump Team Signs Agreement to Allow F.B.I. Background Checks for Nominees
President-elect Donald J. Trump let weeks pass before signing the agreement as his team considered using private investigators instead.The New York Times - Dec. 3 -
South Korean stocks rebound from lows in chaotic trading as president says he's lifting martial law
The iShares MSCI South Korea ETF (EWY), which tracks more than 90 large and mid-sized companies in South Korea, at one point tumbled to a 52-week low.CNBC - Dec. 3 -
Will Indiana Jones And The Great Circle Run On Your PC? Check Out The Requirements
Indiana Jones and the Great Circle is just a few days away from launch, and Bethesda has now revealed the game's PC specs ahead of the game's December 6 early access period and December 9 launch. ...GameSpot - Dec. 3 -
Trump agrees to DOJ background checks on administration nominees, appointments
President-elect Donald Trump sparked controversy by tapping Pete Hegseth, Kash Patel, Robert F. Kennedy Jr. and Tulsi Gabbard for top administration jobs.CNBC - Dec. 3 -
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Trump transition signs MOU with DOJ to facilitate FBI background checks
President-elect Trump’s transition team announced Tuesday it had signed a memorandum of understanding (MOU) with the Justice Department, which will allow the FBI to conduct background checks for ...The Hill - Dec. 3 -
Healthy Aaron Rodgers wants to 'finish the season the right way' and keep playing for Jets
Rodgers implied that he wants to finish out the season, despite New York's strugglesCBS Sports - Dec. 3 -
The Fantasy Basketball Vibe Check: Is LeBron cooked?
Dan Titus delivers this week's fantasy basketball Vibe Check, identifying three buy-low candidates in the process!Yahoo Sports - Dec. 3 -
This Giving Tuesday, Workplace Giving Could Be Getting a Boost
Celebrated the Tuesday after Thanksgiving, Giving Tuesday offers companies a chance to give back. Here’s a look at the state of workplace giving in 2024.Inc. - Dec. 3 -
Plans to 'Make America Healthy Again' may face opposition from Republicans
Robert F. Kennedy Jr. has vowed to crack down on food dyes and pesticides. He may run into opposition from his own party, which dislikes broad federal regulation.ABC News - Dec. 3 -
‘Contrarians aren’t being rewarded,’ and short sellers of U.S. stocks are giving up, says Citigroup
Strategists at Citigroup say investors are increasingly giving up on bets against the U.S. stock market.MarketWatch - Dec. 3 -
Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.The Wall Street Journal - Dec. 3 -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - Dec. 3 -
Investors call for reform of Scotland’s ‘stamp duty’ to boost investment
Asset managers call for removal of ‘disincentive’ to property spending north of the borderFinancial Times - Dec. 3 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -
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’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.The New York Times - Dec. 2 -
Starbucks plastic cup investigation shows recycling reality
CBS News tracked plastic cups meant to be recycled by Starbucks and found that most of those did not end up at recycling facilities. CBS News' David Schechter breaks down the investigation's findings.CBS News - 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 -
Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
Pat Gelsinger's retirement from Intel will only help Club holding and longtime rival AMD, Jim Cramer said Monday.CNBC - Dec. 2
