Latest in Drop Sharply Fed
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NBA Power Rankings: 'Embarrassing' Lakers keep dropping, giant-slaying Hawks on the rise, Magic enter top five
Meanwhile, the Cavs are slowly but surely losing grip on the top spotCBS Sports - 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 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
North Carolina drops to 4-4 as defensive woes continue in lopsided home loss to Alabama
The Tar Heels are off to their worst start to a season since 2001-02CBS Sports - Dec. 5 -
Skenes elected to MLB players' union leadership as trio who moved against Meyer are dropped
The MLBPA confirmed that an eight-man executive subcommittee was elected to two-year terms.Yahoo Sports - Dec. 5 -
Longtime Rep. Nadler drops bid to remain top Democrat on Judiciary Committee after challenge
Longtime Rep. Jerry Nadler dropped his bid to remain the top Democrat on the House Judiciary Committee after Rep. Jamie Raskin said he would challenge him for the job.NBC News - Dec. 4 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - Dec. 4 -
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 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - 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 -
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Ron DeSantis, Joni Ernst potential defense secretary nominees if Hegseth drops out
Sources familiar with private discussions tell ABC News that a growing list of replacements is emerging to possibly replace Pete Hegseth as defense secretary nominee.ABC 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 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Fantasy Football: Players to consider dropping to make room for Week 14 waiver wire pickups
Scott Pianowski examines several players fantasy managers should consider moving on from to make room for their Week 14 pickups.Yahoo Sports - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.NBC News - 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 -
Zscaler’s post-earnings stock drop further bucks 2024’s rally by software sector
Zscaler’s stock was down on the year prior to earnings, while an ETF tracking the software sector had rallied 29%MarketWatch - 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 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - 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 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - 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 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC 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 -
Men's basketball AP poll: UConn drops 23 spots after losing 3 straight games to unranked teams in Hawaii
The Maui Invitational was not kind to Dan Hurley or the Huskies last week.Yahoo Sports - Dec. 2
