Latest in Fed Announces Big
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Top Trump economic adviser says big Fed rate cut was justified
Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins electionBusiness - Financial Times - October 18 -
Fed Official Sees Big Disruptions to Some Industries With Mass Deportations
Minneapolis Federal Reserve President Neel Kashkari adds his voice to the chorus of economic experts on the potential effects of Trump’s central campaign theme.Business - Inc. - Yesterday -
American Airlines Just Made a Big Announcement and (Most) People Will Be Very Happy
‘Gate lice’ crowding the boarding area annoy both agents and fellow flyers. American Airlines is finally doing something about them.Business - Inc. - October 27 -
U.S. stock market hits record highs with boost from election results and Fed announcement
The Dow and S&P 500 have set new records as post-election optimism and a major Fed announcement drive a market surge. CBS News MoneyWatch's Kelly O'Grady explains what's behind the rise.Top stories - CBS News - 9 hours ago -
Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...Business - MarketWatch - October 14 -
Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says
Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...Business - MarketWatch - October 19 -
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.Business - The New York Times - 5 days ago -
How will the Fed handle Trump?
Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressiveBusiness - Financial Times - 11 hours ago -
The Economist announces support for Harris
The Economist announced Thursday that the outlet is backing Vice President Harris over former President Trump in the upcoming election, now less than a week away. “While some newspapers refused to ...Politics - The Hill - October 31 -
Biden's granddaughter announces pregnancy
President Biden’s granddaughter Naomi Biden announced on Election Day that she is expecting her first child. In an Instagram story on Tuesday, the president’s eldest grandchild posted a photo of ...Politics - The Hill - 6 days ago -
NY Fed: ‘Reserves remain abundant’
Cute new measure of the reserve regime just droppedWorld - Financial Times - October 21 -
Conor McGregor's many retirement announcements
As he talks once more about not fighting again, fans have become accustomed to McGregor saying farewell.Sports - ESPN - October 29 -
William announces Earthshot Prize winners
Fifteen finalists, from countries including Kenya, Indonesia, the UK and Nepal, were competing for £1m funding for their environmental initiatives.Top stories - BBC News - 6 days ago -
ICC announces investigation into chief prosecutor
ICC announces external probe into chief prosecutor over sexual misconduct allegationsTop stories - BBC News - Yesterday -
Philadelphia Fed’s factory gauge jumps in October
Index rises to 10.3, second straight monthly gainBusiness - MarketWatch - October 17 -
Feds charge fan with arson for flares in Orlando
A man has been charged with "arson of a building that led to personal injuries" after releasing two flares into the stands at an Orlando City match at Inter&Co stadium in Orlando, Florida, federal ...Sports - ESPN - October 18 -
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Fed should beware of wishing on an R-star
US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana stateWorld - Financial Times - October 23 -
Fed Beige Book continues to point to sluggish economy
Nine out of 12 districts report flat or declining activity.Business - MarketWatch - October 23 -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
Trump’s victory means fewer Fed rate cuts
“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.Business - MarketWatch - 6 days ago -
Trump Is Inheriting Booming Markets and a Decisive Fed
Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.Business - Inc. - 5 days ago -
Trump is not expected to try to fire Fed Chair Powell
Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.Business - MarketWatch - 5 days ago -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - 5 days ago -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - 5 days ago -
Here's what changed in the new Fed statement
This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.Business - CNBC - 5 days ago -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - 5 days ago -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - 5 days ago -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - 4 days ago -
The Fed’s Job Is About to Get a Lot Harder
Jerome Powell sees an uncertain path as Trump enters the White House and inflation wavers.Business - Inc. - 4 days ago -
Feds investigate racist text messages sent nationwide
Federal authorities are investigating racist text messages that were sent this week to residents in at least 19 states, from California to Connecticut. The texts were also sent to students at ...Top stories - CBS News - 3 days ago -
Fed up with the economy, Americans turn to Trump
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.Top stories - CBS News - Yesterday