Latest in Allowing Fed Cut
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Florida appeals court allows lawsuits against Parkland resource officer to proceed
A Florida appeals court ruled on Thursday that lawsuits against the Marjory Stoneman Douglas High School resource officer at the time of the 2018 shooting in Parkland, Fla., can go to trial. The ...The Hill - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
Book excerpt: "Brooke Shields is Not Allowed to Get Old"
The actress and New York Times bestselling memoirist returns with a new book about the empowerment that comes from calling out society's callous and short-sighted expectations of women as they age.CBS News - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Appeals court allows special counsel's report about Trump's Jan. 6 case to be released publicly
A federal appeals court ruled that the Justice Department can release a report on Donald Trump’s efforts to overturn his 2020 election loss, but kept in place a judge's order requiring a three-day ...NBC News - Jan. 10 -
Biden says feds will cover 100% of fire response costs in California
"I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Garland tells Congress he'll provide Trump special counsel report to leaders when courts allow
Attorney General Merrick Garland told lawmakers Wednesday that he believes it is in the public interest to release special counsel Jack Smith’s report covering the Mar-a-Lago documents probe after ...The Hill - Jan. 9 -
British IS members in Syria should be allowed home, says Trump’s counter-terror pick
Sebastian Gorka says letting people in prison camps return to Britain would benefit the ‘special relationship’ with US. British nationals being held in Syrian prison camps for fighting on behalf of ...The Guardian - Jan. 9 -
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 - 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 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.CNBC - Jan. 8 -
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 - Jan. 8 -
Some Facebook users now allowed to see eBay listings in Marketplace
Meta on Wednesday announced some Facebook users will be able to view eBay listings on its Marketplace features just months after the European Commission slammed the social media company with a ...The Hill - Jan. 8 -
U.K. Special Forces Allowed to ‘Get Away with Murder’ in Afghanistan, Inquiry Told
Evidence released by an official inquiry into alleged war crimes painted a disturbing picture of an elite fighting force with a culture of impunity.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 -
European Union won't allow attacks on borders, French minister says after Trump's Greenland comments
In an interview Wednesday, Jean-Noël Barrot addressed the U.S. president-elect's interest in Greenland.CNBC - Jan. 8 -
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 - Jan. 8 -
N.Y. appellate judge allows Trump's Friday hush money sentencing to go forward
A New York appeals court judge Tuesday denied Donald Trump's bid for an emergency order halting the president-elect's scheduled sentencing Friday on criminal charges in the hush money case.NBC News - Jan. 8 -
Meta's new hate speech rules allow users to call LGBTQ people mentally ill
Meta will allow its billions of social media users to accuse people of being mentally ill based on their sexuality or gender identity.NBC News - Jan. 7 -
First Jan. 6 felony defendant allowed to attend Trump inauguration
A felony defendant in a case related to the Jan. 6, 2021, attack on the Capitol has been granted permission to travel to Washington this month to attend President-elect Trump’s inauguration, the ...The Hill - Jan. 7 -
Judge allows Trump to temporarily block release of special counsel report
Judge Aileen Cannon issued a temporary injunction until an appeals court rules on Trump’s arguments. US politics – live updates A federal judge has temporarily blocked special counsel Jack ...The Guardian - Jan. 7 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Meta glasses allowed truck-ramming suspect to blend in: Experts
In a self-recorded video, the suspect in the deadly New Orleans truck-ramming attack was wearing Meta smart glasses to scout out his rampage.ABC News - Jan. 6 -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - Jan. 7 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
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 - Jan. 6 -
I was there on Jan. 6 — we cannot allow Trump to rewrite history
Every member of Congress, including Republicans in both chambers, have a duty to loudly and publicly oppose the pardoning of criminals who assaulted and tried to kill their colleagues and police ...The Hill - Jan. 6