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458 items

  • Trump to inherit 5-month high inflation rate

    President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...
    CBS News - Jan. 15
  • BoE may need to speed up rate cuts in coming year, policymaker says

    BoE may need to speed up rate cuts in coming year, policymaker says

    Alan Taylor says stalling UK economy raises risks that five or six reductions will be needed
    Financial Times - Jan. 15
  • Surprise fall in inflation boosts interest rate cut hopes

    Surprise fall in inflation boosts interest rate cut hopes

    Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.
    BBC News - Jan. 15
  • Inflation Rose in December, Putting Rate Cuts Into Question

    Inflation Rose in December, Putting Rate Cuts Into Question

    The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.
    Inc. - Jan. 15
  • Missile Attack Prompts Emergency Power Cuts in Ukraine

    Missile Attack Prompts Emergency Power Cuts in Ukraine

    President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.
    The New York Times - Jan. 15
  • Lloyds to cut 500 jobs and close two offices

    Lloyds to cut 500 jobs and close two offices

    UK bank to review more than 1,500 jobs across multiple departments
    Financial Times - Jan. 15

  • A global bond sell-off is deepening as investors pare Fed rate-cut expectations

    A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.
    CNBC - Jan. 14

  • Small-cap stocks face heightened risk with rate cuts in question, warns BofA

    The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.
    MarketWatch - Jan. 13

  • Wall Street stocks waver after robust US data puts brake on rate cut bets

    Treasury yields rise to highest level since late 2023
    Financial Times - Jan. 13

  • What's the CD interest rate forecast for 2025?

    Planning to open a CD account? It may help to know where experts say CD rates could head this year.
    CBS News - Jan. 13

  • Cutting aeroplane contrails is an easy climate win

    Tackling these emissions should be simple, fast and cost-effective
    Financial Times - Jan. 13

  • India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

    The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.
    CNBC - Jan. 13

  • This is what it could take for the Fed to hike interest rates

    Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index
    MarketWatch - Jan. 11

  • Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025

    U.S. stocks are down so far in 2025 as market volatility climbs.
    MarketWatch - Jan. 11
  • U.S. Companies Cut Diversity Efforts as Challenges Mount

    U.S. Companies Cut Diversity Efforts as Challenges Mount

    At least six major U.S. companies modified their DEI policies last year.
    Inc. - Jan. 10
  • Google DeepMind researchers introduce new benchmark to improve LLM factuality, reduce hallucinations

    Google DeepMind researchers introduce new benchmark to improve LLM factuality, reduce hallucinations

    Based on a new benchmark, Google DeepMind found Gemini 2.0 Flash to be the most factual LLM, with a score of 83.6%.
    VentureBeat - Jan. 10
  • Trump's tax-cut obstacle course

    Trump's tax-cut obstacle course

    Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...
    The Hill - Jan. 10

  • Surprising December jobs growth is denting chances of a first-half Fed rate cut

    Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...
    MarketWatch - Jan. 10
  • Meta cutting DEI team, programs in broad shift

    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
  • Mortgage rates are not rising yet but Reeves has to act

    Mortgage rates are not rising yet but Reeves has to act

    Why Rachel Reeves needs a more detailed growth strategy - and soon.
    BBC 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
  • Self-invoking code benchmarks help you decide which LLMs to use for your programming tasks

    Self-invoking code benchmarks help you decide which LLMs to use for your programming tasks

    LLMs are good at coding simple functions. But how good are they at calling their own functions to solve complex problems?
    VentureBeat - Jan. 10
  • The Fed Is in No Rush to Cut Rates

    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
  • Fed Governor Bowman says December interest rate cut should be the last

    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
  • Fed officials saw need for ‘careful approach’ to future rate cuts

    Fed officials saw need for ‘careful approach’ to future rate cuts

    Minutes from December meeting show policymakers are concerned about US inflation risks
    Financial Times - Jan. 8
  • Rate-Cut Decision Was Narrow, Fed Minutes Show

    Rate-Cut Decision Was Narrow, Fed Minutes Show

    Stubborn inflation, and potential tariffs, make future rate cuts uncertain.
    The New York Times - Jan. 8

  • What's a good CD interest rate in 2025?

    CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.
    CBS News - Jan. 8

  • What factors drive mortgage loan interest rates?

    The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.
    CBS News - Jan. 8
  • The Secret Sauce to Fixing the N.B.A.’s Ratings Woes

    The Secret Sauce to Fixing the N.B.A.’s Ratings Woes

    Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.
    The New York Times - Jan. 8
  • Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

    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

  • 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
  • Here's where mortgage rates could be headed in 2025

    Here's where mortgage rates could be headed in 2025

    Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.
    The Hill - Jan. 8

  • Active mutual funds struggle to beat large-cap stock benchmarks — again

    Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.
    MarketWatch - Jan. 8

  • Source: City eye deal for £50m-rated Marmoush

    Manchester City are exploring a deal to sign striker Omar Marmoush, a source has told ESPN, but accept that it will be difficult to prise him away from Eintracht Frankfurt.
    ESPN - Jan. 7
  • Trump: ‘Interest rates are far too high’

    Trump: ‘Interest rates are far too high’

    President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...
    The Hill - Jan. 7
  • Washington Post cutting 4 percent of workforce

    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
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