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Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - Dec. 11 -
NJ state senator calls for 'limited state of emergency' over drone sightings
A New Jersey state senator is calling for "a limited state of emergency” over recent drone sightings in the state. “The State of New Jersey should issue a limited state of emergency banning all ...The Hill - Dec. 11 -
Chinese national accused of photographing Vandenberg Space Force Base with drone
Yinpiao Zhou, a Chinese citizen, was arrested Monday and accused of using a drone to photograph the Vandenberg Space Force Base outside Santa Barbara, Calif. Zhou, 39, was charged with failure to ...The Hill - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
New Jersey drone sightings now prompt calls for state of emergency
A New Jersey state senator is calling for a limited state of emergency over the mysterious drones that have been seen flying over New York and Jersey.ABC News - Dec. 10 -
NJ governor taking unidentified drone flights 'deadly seriously'
New Jersey Gov. Phil Murphy (D) said that he is taking unidentified drone flights in his state “deadly seriously.” “These are apparently … as I understand it, very sophisticated,” Murphy told a ...The Hill - Dec. 10 -
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Feds collected records of congressional staff, reporters in Trump-era leak probes
The Justice Department failed to follow internal policy and ignored protections when seeking records from members of Congress, dozens of congressional staffers and members of the media, a watchdog ...CBS News - Dec. 10 -
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C.J. Gardner-Johnson embodied Philadelphia when he didn't come off field after injury: 'You gotta kill me'
Gardner-Johnson was in obvious pain in fourth quarter, but kept playingCBS Sports - Dec. 9 -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - Dec. 9 -
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Clusters of unidentified drones spotted in New York and New Jersey
FBI investigation under way as residents across US north-east report mysterious aircraft sightings for weeks. A spate of mysterious drone sightings have been reported in New York and ...The Guardian - Dec. 9 -
Rheinmetall, Auterion to Develop Standardized Software for Military Drones
The arms producer and drone software company have reached a deal to cooperate in creating an industry standard for controlling and operating unmanned drones, which is expected to benefit Ukraine in ...The Wall Street Journal - Dec. 9 -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - Dec. 9 -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - Dec. 8 -
Donald Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump says he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026, during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.NBC News - Dec. 8 -
Unidentified Drones Light Up New Jersey’s Skies, Baffling Residents
People across the state have reported seeing scores of large, low-flying objects in recent weeks. Officials haven’t said where they’re coming from, or why they’re here.The New York Times - Dec. 8 -
Large mystery drones flying over neighborhoods in New York and New Jersey
Swarms of large drones, some described as big as cars, are flying over neighborhoods in New Jersey and New York. One even flew over a meeting of Pentagon leaders in California. NBC News' George ...NBC News - Dec. 8 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
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Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - Dec. 5 -
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Putin's Ukraine drone barrages are increasingly backfiring on his closest ally
Belarusian President Alexander Lukashenko thus far appears to have kept his nation out of the worst of the spiraling war engulfing his neighbors to the east and south.ABC News - Dec. 5 -
How Syria’s rebels became makers of drones and guided missiles
What began as a band of a few dozen jihadis is now a disciplined force with units producing modern weaponryFinancial Times - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
You gotta believe: Democrats must rediscover faith
The increasingly leftward lurch of the Democratic Party as a whole has alienated millions of people of faith and raises serious questions about the ability of our party to regain the White House in ...The Hill - Dec. 4 -
FBI investigating possible drones spotted over New Jersey
The FBI says it is investigating a series of possible drone flights that have been spotted across parts of New Jersey at night, dating back weeks. Local police say there's no immediate danger to ...CBS News - Dec. 4 -
Lift-off beckons for drone start-ups
Savvy newcomers can overcome challenges with the right tech and credibility with government stakeholdersFinancial Times - Dec. 4 -
Russia uses civilians as ‘target practice’ for killer drones
Southern Ukrainian city of Kherson hit more than 9,500 times as Moscow attempts to drive out residentsFinancial Times - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2
