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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 -
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 -
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 -
A month before fires, L.A. fire chief warned about impact of budget cuts
The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.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 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
Democrats warn party must look beyond 'blue wall' to win
When Democrats lost the White House in November, and watched the Senate flip and the House remain in Republican control, they immediately set their sights on the next fight in 2028. But some ...The Hill - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
USTR warns of risks from online pharmacies in its 'notorious markets' report
An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are ...ABC News - Jan. 9 -
North Korea learning from fighting with Russia against Ukraine, US warns
Diplomatic and military ties with Moscow making Pyongyang ‘more capable of waging war’, official says. North Korea is benefiting from its troops fighting alongside Russia against Ukraine, gaining ...The Guardian - Jan. 8 -
Post-cold war peace ‘well and truly over’, warns David Lammy
Foreign secretary says keeping the British people safe means standing up to Russia. The post-cold war era is “well and truly over” and keeping the British people safe means standing up to Russia, ...The Guardian - Jan. 8 -
Cold snap grips UK with amber snow warning and -20C possible overnight
Yellow snow and ice warnings spanning Wednesday and Thursday are in place across the UK.BBC News - 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 -
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 -
Germany warns Trump after Greenland takeover threat
German Chancellor Olaf Scholz sent a warning to President-elect Trump over border rules as the incoming president continues his threat of taking over Greenland. Scholz said Wednesday that he spoke ...The Hill - 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
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
Germany and France warn Trump against use of force over Greenland
Olaf Scholz says borders are inviolable after president-elect talks of using US military or tariffs to take control of island. Germany and France have warned Donald Trump against any attempt to ...The Guardian - 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 -
EU leaders warn Trump not to meddle with Europe’s borders
Comments from German Chancellor Olaf Scholz and French foreign minister follow US president-elect’s Greenland threatsFinancial Times - Jan. 8 -
Al Roker warns of 'explosively dangerous conditions' as California wildfires spread
NBC News' Al Roker takes a look at the latest forecast for California as wildfires spread in what could be "explosively dangerous conditions" in the coming hours.NBC News - Jan. 8 -
Germany and France warn Trump over threat to take over Greenland
The EU's two leading members were reacting to the US president-elect's plans to acquire Denmark's autonomous territory.BBC News - Jan. 8 -
California authorities warn of Amber alert scam targeting parents
Scammers will call asking if you'd like to register your child in the event that they go missing.The Hill - 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 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
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 -
Cartel threatens to kill famed singer: "Last time you will receive a warning"
Photos of a banner threatening the lives of Natanael Cano and several other artists circulated on social media over the weekend.CBS News - Jan. 8 -
The Surgeon General’s Warnings About Alcohol Hit Restaurants at a Tricky Time
The surgeon general’s call to arms about the link between drinking and cancer could strike at a fiscal lifeline for restaurateurs facing falling sales.The New York Times - Jan. 8