Latest in Expect Lower Margins
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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 -
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 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Kirk Cousins returns to Minnesota: Falcons QB playing for even more than expected against former team
This Week 14 homecoming is critical to Cousins for unexpected reasonsCBS Sports - Dec. 4 -
Head of Democratic Caucus says thin House margins make attendance vital next year
The head of the House Democratic Caucus is sending an early message to his troops heading into the 119th Congress: Attendance will be crucial given the razor-tight margins in the lower chamber. ...The Hill - Dec. 4 -
Ranking expected head coaching jobs based strictly on who's the QB
Suffice to say the Jets and Giants' jobs aren't attractive with no QB of the future on either roster. But even the Cowboys' job has a red flag with Dak's bloated contract.Yahoo Sports - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - Dec. 4 -
Expect the Next N.F.L. Draft to Be Polarizing. Except for One Player.
Travis Hunter can succeed as a wide receiver or as a cornerback at the pro level, a columnist for The Athletic writes.The New York Times - Dec. 4 -
What to Expect at Today’s DealBook Summit: Full Speaker Lineup
Sam Altman, Jerome Powell, Jeff Bezos, Bill Clinton, the podcaster Alex Cooper, Ken Griffin, Prince Harry, and Serena Williams are among the big names speaking.The New York Times - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.
The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.MarketWatch - Dec. 4 -
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Rio Tinto Expects Pilbara Iron-Ore Shipments to Be Roughly Flat in 2025
The world’s second-biggest miner by value, expects annual iron ore shipments from its Australian operations to be little changed in 2025.The Wall Street Journal - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Texas A&M QB Conner Weigman to enter transfer portal: Former five-star expected to draw plenty of suitors
Weigman should be one of the top quarterbacks in the portalCBS Sports - Dec. 4 -
South Korean president says he will lift martial law following Cabinet meeting that's expected within hours
South Korean president says he will lift martial law following Cabinet meeting that's expected within hoursABC News - Dec. 3 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
Wolves to lose protection, as EU lowers bar for shooting wildlife
Downgrading species’ protection status for political gain puts decades of conservation efforts at risk, says WWF. Europe’s wolves will lose their “strict protection” status, alarming ...The Guardian - Dec. 3 -
Alberta Clipper expected to bring more winter weather as Great Lakes region digs out from storm
An Alberta Clipper system is forecasted to bring snow and cold weather to the Midwest and Northeast this week as folks in states surrounding the Great Lakes continue to clean up from last weekend's ...CBS News - Dec. 3 -
Thailand's prime minister expects fishermen seized by Myanmar to be repatriated soon
Thailand’s Prime Minister Paetongtarn Shinawatra says her government is negotiating with neighboring Myanmar for the return of four fishermen captured by Myanmar’s navy for trespassingABC News - Dec. 3 -
EU votes to lower protection status for wolves after farmers push to allow culls
European nations have approved plans to scale back the protection for wolves in a victory for farmers over environmentalists that has caught the political limelight in the European UnionABC News - Dec. 3 -
Scaramucci on Kash Patel pick: 'I don‘t think the expectation is that he‘s going to get through'
Ex-White House communications director Anthony Scaramucci compared President-elect Trump's pick of Kash Patel to lead the FBI to the fate of former Rep. Matt Gaetz's (R-Fla.) nomination as attorney ...The Hill - Dec. 3 -
Christian McCaffrey knee injury update: 49ers RB expected to miss six weeks after being placed on IR
The star running back was injured in Sunday night's blowout loss to the BillsCBS Sports - Dec. 3 -
‘It’s about consequences’: what can we expect from Wicked: Part Two?
The much-anticipated first part of the blockbuster musical adaptation has bewitched audiences worldwide, but there are dark times ahead in the sequel. Spoilers ahead Despite more than a year ...The Guardian - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2