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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 -
Abdul Carter injury update: Penn State star DE a 'game-time decision' for Orange Bowl vs. Notre Dame
The status of Penn State's top defensive star remains unsettled ahead of the Orange BowlCBS Sports - 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 -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - Jan. 8 -
Some Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board
Meta employees took to their internal forum Tuesday, criticizing the company’s decision to end third-party fact-checking on its services two weeks before President-elect Donald Trump’s inauguration.NBC News - Jan. 7 -
Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board
Meta employees internally criticized the company's decision to end third-party fact-checking two weeks before President-elect Donald Trump's inauguration.CNBC - Jan. 7 -
Senate approves committee assignments, tees up confirmation hearings next week
The Senate on Tuesday approved its organizing resolution for the 119th Congress, officially setting the composition of committees and greenlighting nomination hearings to take place in the coming ...The Hill - Jan. 7 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.CNBC - Jan. 7 -
Meta’s Fact-Checking Partners Say They Were ‘Blindsided’ by Decision to Axe Them
Fact-checkers claim they had no idea the company was going to end their partnerships and are scrambling to figure out the financial implications of the move.Wired - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
An Indefensible Decision Has Left the Giants Adrift
Owner John Mara was lost in a sea of contradictions as he tried to explain keeping Brian Daboll and Joe Schoen, a columnist for The Athletic writes.The New York Times - Jan. 7 -
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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 -
Jennifer Lopez and Ben Affleck settle divorce, ask judge to approve
Court documents show Jennifer Lopez and Ben Affleck settled their divorce back in September and are now asking for a judge to approve the breakup.CBS News - Jan. 6 -
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 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
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 - 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 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
Canada’s Prime Minister Justin Trudeau announces decision to step down
Trudeau has been battling waning popularity and the specter of U.S. trade tariffs.CNBC - Jan. 6 -
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Hamas Approves List of Hostages It May Free Under a Cease-Fire Deal With Israel
Israel says Hamas has not provided any information about the status of those 34 hostages, dampening any notion that the endorsement is a step toward a deal to stop the war.The New York Times - Jan. 6 -
Biden's decision to block the US Steel sale would have made Harry Truman proud
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.The Hill - 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 -
Harris readies to certify Trump’s election win – and her decisive defeat
Kamala Harris is readying on Monday to certify the 2024 election results, affirming President-elect Trump’s victory as well as her decisive defeat to him after a whirlwind run for ...The Hill - Jan. 6 -
TikTok creators left in limbo while awaiting decision on potential platform ban
The fate of TikTok is keeping creators and small business owners in anxious limbo as they await a decision from the Supreme Court that could upheld their livelihoodsABC News - Jan. 6 -
Patriots fire Mayo as Kraft makes swift decision about team's future
Patriots owner Robert Kraft wasted no time charting a course for the future by firing head coach Jerod Mayo an hour after the team's Week 18 win.Yahoo Sports - Jan. 5 -
Thune says Jan. 6 pardons are decision Trump will have to make
New Senate Majority Leader John Thune (R-S.D.) said it’s President-elect Trump’s decision to pardon Jan. 6 rioters. Thune joined NBC News’s “Meet the Press” for an interview that aired Sunday, ...The Hill - Jan. 5 -
Thune: Trump administration will have to ‘make decisions’ on a ‘realistic’ deportation plan
In an interview with Meet the Press, Senate Majority Leader John Thune (R-S.D.) discusses the feasibility of President-elect Trump’s mass deportation plans, but assured the incoming administration ...NBC News - Jan. 5