Latest in Why the U.S. economy is still strong despite the Fed’s 2022 ’23 rate hikes
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Doc Rivers explains why the Bucks are benching Khris Middleton despite his impressive numbers as a starter
Middleton is averaging 15.7 points, 5.4 rebounds and 4.9 assists on 51.2% shooting as a starter this seasonCBS Sports - 35m -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - 3h -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 4h -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 5h -
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. - 9h -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - 12h -
Novak Djokovic still feels trauma when he travels to Australia because of his deportation in 2022
Novak Djokovic says he still feels a bit of trauma when he travels to AustraliaABC News - 2d -
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 - 5h -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - 7h -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 12h -
Why investors clinging to cash could lose money in U.S. debt-ceiling fight
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.MarketWatch - 16h -
Europe can still win in AI despite US dominance, says Skype co-founder
Niklas Zennström believes continent can thrive by developing applications on top of artificial intelligence modelsFinancial Times - 21h -
Why Jimmy Carter's procession began at the U.S. Navy Memorial
Former President Jimmy Carter is being honored for his service in the U.S. Navy before he began his role in the White House. Carter graduated from the U.S. Naval Academy and his procession to ...CBS News - 1d -
Why Jimmy Carter kept the U.S. out of war during his presidency
Former President Jimmy Carter managed to keep the U.S. out of warfare during his presidency. Carter went on to defend his take on world peace after his time in the White House. Carter's casket has ...CBS News - 1d -
LGBTQ rights group reports progress at U.S. companies despite conservative backlash
The HRC said that more companies are providing strong benefits and protections to LGBTQ employees despite conservative backlash in recent years.NBC News - 1d -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - 1d -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - 1d -
When the blizzard hits, why are we still commuting?
As Winter Storm Blair wreaks havoc across the U.S., the lack of leadership in promoting remote work is frustrating and could have saved lives, reduced economic disruption and maintained normalcy.The Hill - 1d -
U.S. stocks dominated global markets in 2024 — why they likely won’t in 2025
The U.S. stock market remained the envy of the world in 2024, extending its outperformance against international peers and claiming an even bigger slice of the multitrillion-dollar global equity ...MarketWatch - 1d -
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Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - 2d -
Flames Should Put Claim In For 23-Year-Old Winger Waived By Kings
It may be unlikely the Calgary Flames would land him but franchise should have claim in for winger Arthur KaliyevYahoo Sports - 2d -
Works on 'road from hell' to end after 23 years
It has taken 23 years and cost almost £2bn, but the major road will be finished later in 2025.BBC News - 2d -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - 2d -
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 - 2d -
A 2022 law changed how Congress counts electoral votes. Here's how.
Monday's joint session will be governed by a revised set of procedures that clarify the vice president's role, a change aimed at preventing attempts to overturn election results.CBS News - 2d -
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New York becomes the first U.S. city with a congestion charge despite opposition
Motorists entering Manhattan’s busiest neighborhoods will now have to pay up to $9 in congestion charges, as New York City’s first-in-the-nation Congestion Relief Zone officially launched Sunday.NBC News - 3d -
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College Football Playoff: Sugar Bowl still draws higher TV audience than New Year's Eve Fiesta Bowl despite postponement
The game was pushed to Thursday afternoon after the terror attack on Bourbon Street.Yahoo Sports - 5d -
E.V. Demand Leads Automakers to a Strong 2024 Finish
General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales.The New York Times - 5d -
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...CBS News - 5d -
I Still Don’t Know Why I Said Yes
In the language of physics, we were a quantum entanglement event.The New York Times - 5d -
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 - 6d -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - 6d -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - 6d -
Why Mick Cronin and Other College Basketball Coaches Still Wear Suits
Fashion among basketball coaches has been decidedly casual since the pandemic began, but a handful of college coaches are still dressed for success.The New York Times - Dec. 30
