Latest in Fed's Likely Looming
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Port strike looms ahead of Trump inauguration
Tens of thousands of longshoremen could walk off the job from Maine to Texas next week if their union and management can’t resolve long-running contract issues. A damaging strike that kicks off a ...The Hill - Jan. 8 -
Another potential port strike is looming. Here's what to know.
After reaching a tentative deal that suspended a short strike in October, unionized dockworkers and port operators face another crucial test.CBS News - Jan. 7 -
As Port Talks Resume, Strike Deadline Looms
Dockworkers along the East and Gulf Coasts threaten to walk off the job on January 15, over concerns about increased automation and job losses, creating economic uncertainty.Inc. - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
ILA union and port owners held secret meeting on automation as new strike looms
The dockworkers union and port owners held a private meeting ahead of resuming formal talks to help with the heated issue of automation.CNBC - Jan. 7 -
Controversial Trump picks like Sebastian Gorka likely to bypass Senate scrutiny
Sebastian Gorka failed security screenings during Trump's first term, but could return as White House counterterrorism chief.CBS News - Jan. 7 -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - Jan. 7 -
Alaska's snow crab season is back after pause, but uncertainty looms
Biologists blamed the rapid decline of snow crab on a 2018 climate-fueled heatwave. Some fishermen are still reeling as they face a murky future.CBS News - Jan. 6 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
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Congress set to officially certify 2024 election results as Jan. 6 pardons loom
On Monday, lawmakers will certify the results of the 2024 election. It was on this day four years ago that now President-elect Donald Trump delivered a speech denying his 2020 defeat, which was ...CBS News - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Congress to Certify Trump’s Election, With Memories of Riot Looming Large
A joint session of the House and Senate is set to convene at 1 p.m. to perform a ritual that was once considered ceremonial and uneventful.The New York Times - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
S Korea's impeached president defiant as arrest deadline looms
Yoon is waiting out the arrest warrant in his residence, newly fortified by barbed wire and buses.BBC News - Jan. 6 -
Thunder extend winning streak to 15 with dominant victory over Celtics as showdown with Cavaliers looms
Oklahoma City will play Cleveland for sole possession of the league's longest winning streak on WednesdayCBS Sports - Jan. 6 -
Chris Mason: Musk looms large over UK as MPs return for 2025
Another year in Westminster has got off to an explosive start after the tech billionaire's intervention.BBC News - Jan. 6 -
TikTok Creators in Limbo as Platform Ban Looms
The TikTok ban could leave creators in the lurch.Inc. - Jan. 5 -
News Analysis: It's a big month for the Lakers as trade deadline looms
After acquiring Dorian Finney-Smith, the Lakers likely won't pursue adding a big man but rather look to add more shooting and athleticism on the perimeter.Yahoo Sports - Jan. 5 -
South Korean protesters brave cold and snow to demand Yoon’s ouster as detention deadline looms
Hundreds of South Koreans, bundled up against freezing temperatures and snow, rallied overnight into Sunday near the residence of impeached President Yoon Suk Yeol, calling for his ouster and ...NBC News - Jan. 5 -
Trump’s shadow looms over Hungary and Poland
Dealing with the next US administration will test Warsaw as it replaces Budapest in the EU’s rotating presidencyFinancial Times - Jan. 4 -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - Jan. 3 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - Jan. 3 -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - Jan. 3 -
The looming battle over Britain’s wind farms
The Labour government wants to ramp up renewables. But many local residents are up in arms about plans for pylons and cables in sensitive sitesFinancial Times - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
As New Cybersecurity Threats Loom, AI Defenses Get Popular
New defenses are increasingly popular and saving companies money.Inc. - Jan. 2 -
Israeli Threat to UNRWA Looms Over Gaza
The U.N. agency known as UNRWA has been the backbone of aid to Gaza. Now, Israel is moving to ban it over accusations that it shielded Hamas militants.The New York Times - Jan. 2 -
5 lobbying fights looming in 2025
Lobbyists will have their hands full with several massive legislative battles coming early in a second Trump administration. President-elect Trump is poised to disrupt business as usual in ...The Hill - Jan. 2 -
A TikTok Ban Looms. Creators Say They'll Believe It When They See It.
Status-quo videos are still proliferating on the Chinese-owned app. Madison Avenue remains upbeat just weeks before the potential U.S. ban.The Wall Street Journal - Jan. 2 -
Trump's criminal cases are fading away, but some legal perils still loom in 2025
A look at where the various court cases against President-elect Donald Trump stand, and how they may — or may not — be affected by his taking the oath of office on Jan. 20.NBC News - Jan. 1