Latest in Drop Sharply Fed
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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 -
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 -
Manslaughter charge dropped against Daniel Penny amid deadlocked jury
A judge dismissed the second-degree manslaughter charge in the Daniel Penny trial after the jury said twice Friday that they were unable to reach a unanimous vote on it. Penny is charged in the ...CBS News - Dec. 6 -
Amorim backs Manchester United players over dropping rainbow jackets
‘We need to respect religion of Mazraoui,’ says manager ‘Group decision’ addressed ‘hard issue in a good way’ Ruben Amorim has said the Manchester United team’s decision to show solidarity with ...The Guardian - Dec. 6 -
Manslaughter charge against Daniel Penny dropped in subway death trial
Prosecutors requested to drop charges after jury twice deadlocked, with Penny now facing criminally negligent homicide. The judge in Daniel Penny’s subway chokehold death trial agreed on Friday ...The Guardian - Dec. 6 -
Texas House Speaker, Targeted by the Right, Drops Bid for Another Term
In the long-running war inside the Texas G.O.P., Dade Phelan survived a primary against a Trump-backed novice. But his increasingly conservative caucus turned against him.The New York Times - Dec. 6 -
How To Earn Path Of Exile 2 Twitch Drops For Early Access
Path of Exile 2 is now in early access and doing big numbers on Steam and Twitch --the latter partially because there are some free rewards to claim for the dark-fantasy ARPG just by watching. ...GameSpot - Dec. 6 -
Power Rankings: Texas moves up, Notre Dame drops seven spots
South Carolina and Texas moved up while Notre Dame dropped, but could the SEC/ACC Challenge and three top games this weekend shake things up again?ESPN - Dec. 6 -
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 -
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UiPath shares drop as Cathie Wood backed software developer holds guidance
UiPath shares fell in premarket trading as the software developer left its guidance unchanged after beating expectations in the third quarterMarketWatch - Dec. 6 -
Harassment case against Lizzo dropped
The singer cannot be sued as an individual, a judge has ruled.BBC News - Dec. 6 -
‘Crazy ideology’: US groups drop diversity efforts as conservative pressure grows
Scale of the pullback is an abrupt reversal from policies that appeared poised to widely influence corporate ranksFinancial Times - Dec. 6 -
Shanahan drops sarcastic quip about Bosa's 49ers-Bears availability
San Francisco 49ers coach Kyle Shanahan had a funny response about Nick Bosa's availability for Sunday's game vs. the Chicago Bears.Yahoo Sports - 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 -
American Eagle’s stock drops as warm fall weather bites into clothing sales
American Eagle’s stock falls 13% Thursday, and a J.P. Morgan analyst cuts its rating to neutral.MarketWatch - Dec. 5 -
U.S. trade deficit narrows sharply in October on dissipation of worries about port strike
The trade sector could end up becoming a positive contributor to fourth-quarter gross domestic product.MarketWatch - Dec. 5 -
American Airlines chooses Citi as sole credit card partner, drops Barclays
American Airlines had been in talks for months for a new credit card deal with Citi.CNBC - 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 -
Trump's defence nominee hits out after reports he could be dropped
US media suggest the president-elect could replace Pete Hegseth, whose selection is under intense scrutiny.BBC News - Dec. 4 -
Rio Tinto investor urges mining giant to drop primary London listing
Hedge fund with £197m stake leads push to prioritise Sydney exchange as FTSE 100 firm outlines ambitious copper production targets. An activist investor in Rio Tinto has demanded the miner scrap ...The Guardian - Dec. 4 -
Yellowknife city council drops city-run dog pound from budget
Yellowknife city council removed $550,000, intended to operate its own dog pound, from the city's draft budget on Monday.Council made the unanimous decision as part of its budget review. The city's ...Yahoo Sports - Dec. 3 -
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 -
Top officer in Afghanistan promoted after senator drops hold
A top Army officer who served in Afghanistan was promoted by the Senate on Monday night after Sen. Markwayne Mullin (R-Okla.) dropped his hold on the promotion. He had raised concerns about a lack ...The Hill - Dec. 3 -
South Korean won falls sharply against the U.S. dollar after president declares martial law
South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared martial law.CNBC - Dec. 3 -
Pritchard drops great quote about chirping Heat's Erik Spoelstra
Payton Pritchard had some choice words for Erik Spoelstra and the Heat while giving them 25 points in the Celtics' blowout win Monday.Yahoo Sports - Dec. 3 -
Coca-Cola accused of quietly dropping its 25% reusable packaging target
Exclusive: Campaigners say company’s apparent abandoning of 2030 pledge is a ‘masterclass in greenwashing’. Coca-Cola has been accused of quietly abandoning a pledge to achieve a 25% reusable ...The Guardian - Dec. 3 -
Feel festive with December's finest drops, exhibitions and events
From Doug Aitken's "Lightscape" to D.S. & Durga's new store in Silver Lake, this list will keep you merrily busy.Los Angeles Times - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
EU births drop to new low as strains on younger generations mount
Dearth of children expected to heap pressure on state financesFinancial Times - Dec. 3 -
UConn drops 23 spots in AP poll; Kansas No. 1
Kansas held off Auburn for the No. 1 ranking in the Associated Press Top 25 men's college basketball poll Monday as SEC teams grabbed three of the top four spots and two-time reigning national ...ESPN - Dec. 2 -
FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop
Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...ABC News - Dec. 2 -
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