Latest in Data Fed Weighs
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Fed should beware of wishing on an R-star
US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana stateWorld - Financial Times - October 23 -
Fed Beige Book continues to point to sluggish economy
Nine out of 12 districts report flat or declining activity.Business - MarketWatch - October 23 -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
Trump’s victory means fewer Fed rate cuts
“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.Business - MarketWatch - 3 days ago -
Trump Is Inheriting Booming Markets and a Decisive Fed
Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.Business - Inc. - 2 days ago -
Trump is not expected to try to fire Fed Chair Powell
Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.Business - MarketWatch - 2 days ago -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - 2 days ago -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - 2 days ago -
Here's what changed in the new Fed statement
This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.Business - CNBC - 2 days ago -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - 2 days ago -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - 2 days ago -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - Yesterday -
The Fed’s Job Is About to Get a Lot Harder
Jerome Powell sees an uncertain path as Trump enters the White House and inflation wavers.Business - Inc. - Yesterday -
Feds investigate racist text messages sent nationwide
Federal authorities are investigating racist text messages that were sent this week to residents in at least 19 states, from California to Connecticut. The texts were also sent to students at ...Top stories - CBS News - 23 hours ago -
Universal strikes AI data training deal, still suing AI companies for using its data
Universal Music Group inked a deal with AI startup Klay to help develop a "responsible and ethical" AI model for music.Tech - VentureBeat - October 28 -
Should you use your home equity now? Experts weigh in
Tapping into your home equity now could be smart, but it depends on your situation. Here's what some experts suggest.Top stories - CBS News - October 14 -
Should you wait for the price of gold to fall to invest? Experts weigh in
While waiting for the price to fall may work for some, most experts say buying now is best. Here's why.Top stories - CBS News - October 15 -
ASML Expects Slower Semiconductor Recovery, Weighing on Chip Stocks
The company posted orders below analysts’ expectations as chip makers held back spending on key production equipment.Business - The Wall Street Journal - October 15 -
Menendez brothers' relatives to rally outside L.A. courthouse as DA weighs resentencing
Erik and Lyle Menendez’s family is expected to gather outside a Los Angeles courthouse Wednesday as the district attorney weighs whether the brothers should be resentenced and possibly released.Top stories - NBC News - October 16 -
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
Harris says Trump is "increasingly unstable," weighs in on IVF comments
Vice President Kamala Harris took questions from reporters before heading to Pennsylvania for a campaign event. Harris touched on Donald Trump's latest comments about in vitro fertilization and ...Top stories - CBS News - October 16 -
Latest news on Georgia voting after judge weighs in on new rule
Early voting is underway in Georgia. This comes as a state judge determines that a new voting rule cannot be applied after being passed by the State Election Board. The judge also referenced the ...Top stories - CBS News - October 16 -
EU weighs including Musk’s business empire to calculate potential X fine
Penalty would increase dramatically if regulators took into account revenues from billionaire’s other companiesBusiness - Financial Times - October 17 -
Uber reportedly weighed buying Expedia. Analysts have reservations.
Shares of Expedia Group Inc. rallied after the Financial Times on Wednesday reported that ride-hailing giant Uber Technologies Inc. had weighed a possible purchase of the travel-booking platform. ...Business - MarketWatch - October 17 -
Would Trump's tariffs trigger a global trade war? Experts weigh in.
The Republican presidential candidate has proposed tariffs as high as 20% on all imported goods.Top stories - ABC News - October 18 -
Vance weighs on Jill Stein's candidacy, steps up attack on Harris
During an appearance rally in Waukesha, Wis., Ohio Sen. JD Vance made remarks about Green Party candidate Jill Stein and slammed Vice President Kamala Harris, calling her "anti-Christian" in an ...Politics - NBC News - October 21 -
Judge weighs Louisiana law requiring Ten Commandments in schools
Louisiana is the only state that will require the Ten Commandments to be displayed in every public school classroom.Top stories - CBS News - October 22 -
Kamala Harris weighs in on John Kelly warnings about Donald Trump
Vice President Kamala Harris commented on recent reports quoting former Donald Trump chief of staff John Kelly. The former Marine Corps general warned The New York Times that Trump could try to ...Top stories - CBS News - October 23 -
Mattel Lowers Sales Outlook After Barbie Sales Weigh
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.Business - The Wall Street Journal - October 23 -
Worries about medical bills weigh on voters' minds as election nears
Health care hasn't figured prominently on the campaign trail this fall. These voters wish it would.Top stories - CBS News - October 24 -
Is Elon Musk's $1 million voter sweepstakes legal? Experts weigh in.
The giveaway seems illegal, but occupies a blurry area of law, experts told ABC News.Top stories - ABC News - October 24 -
Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Seniors have a few options for tapping into their home's equity, but certain options may be better than others.Top stories - CBS News - October 25 -
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...Business - The Wall Street Journal - October 25