Latest in Fed Chair Jay
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CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.CBS News - Jan. 15 -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - Jan. 15 -
Wrongly-convicted Malkinson 'vindicated' after review body chair quits
Andy Malkinson says the former chair of the miscarriages review body had been "made accountable".BBC News - Jan. 15 -
Sources: Dodgers, Pads, Jays are Sasaki finalists
The Los Angeles Dodgers, San Diego Padres and Toronto Blue Jays are finalists to sign Japanese pitcher Roki Sasaki, sources told ESPN's Jeff Passan on Monday, the same day the New York Yankees were ...ESPN - Jan. 14 -
Should you open a long-term CD before the January Fed meeting?
A long-term CD offers unique benefits to savers now. But should they rush to open one before the next Fed meeting?CBS News - Jan. 13 -
Minnesotan Ken Martin's bid to be DNC chair gains more public endorsements
The campaign for Ken Martin, leader of Minnesota's arm of the Democratic Party, first revealed to CBS News that the he has 51 endorsements around the country from state party chairs and vice chairs.CBS News - Jan. 13 -
Stacey Abrams backs Wisconsin state party chair as next DNC leader
Former Georgia gubernatorial candidate Stacey Abrams threw her support behind Wisconsin state party chair Ben Wikler in the race to take the helm of the Democratic National Committee (DNC). “Ben ...The Hill - Jan. 13 -
Fed-Up Voters in Louisiana Wanted a Change. They Drafted an ‘Old Ball Coach.’
Sid Edwards was a high school football coach who had never run for office. Now, he’s the mayor of Baton Rouge, Louisiana’s second-largest city.The New York Times - Jan. 12 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Tim Walz backs David Hogg for DNC vice chair
Minnesota Gov. Tim Walz (D) endorsed Democratic National Committee vice chair candidate David Hogg on Friday, marking the latest big name endorsement for Hogg. “David Hogg represents exactly the ...The Hill - Jan. 10 -
Vlad-Jays, Valdez-Astros agree, avoid arbitration
Vladimir Guerrero Jr. and the Blue Jays avoided salary arbitration with a $28.5 million, one-year deal, while Framber Valdez and the Astros reached an $18 million deal.ESPN - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Biden says feds will cover 100% of fire response costs in California
"I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
Walz endorses Minnesota Democratic chair as next DNC leader
Former vice presidential hopeful Minnesota Gov. Tim Walz (D) is backing Ken Martin, the Democratic state party chair in Minnesota, in his bid to take the helm of the Democratic National Committee ...The Hill - Jan. 9 -
Over 50 current, former mayors endorse O’Malley in DNC chair bid
Former Maryland Gov. Martin O’Malley’s (D) team announced on Thursday that he’s received support from more than 50 current and former mayors in his bid to take the helm of the Democratic National ...The Hill - Jan. 9 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Frost backs Hogg in DNC vice chair race
Rep. Maxwell Frost (D-Fla.) endorsed Democratic National Committee vice chair candidate David Hogg on Wednesday, referring to the candidate as a generational changemaker. “I was there days after ...The Hill - Jan. 8 -
CFTC chair to step down when Trump takes office
The chair of the Commodity Futures Trading Commission (CFTC) is slated to resign on Jan. 20, coinciding with President-elect Trump’s inauguration, leaving a vacancy for the federal regulatory ...The Hill - Jan. 7 -
Meta looking for 'sweetheart deal' with Trump: FTC chair
Outgoing Federal Trade Commission (FTC) Chair Lina Khan suggested Tuesday that Meta and other companies facing antitrust lawsuits from the agency might be looking for “sweetheart deals” from the ...The Hill - 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 -
GOP Homeland Security chair: Drone bill a top priority in next Congress
Rep. Mark Green (R-Tenn.), chair of the House Homeland Security Committee, said a bill empowering local authorities to take down drones is a “number one” priority in the next Congress. In an ...The Hill - 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 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 -
Wikler picks up key endorsement in DNC chair bid
Wisconsin state party chair Ben Wikler received a key endorsement from Michigan Democratic Party chair Lavora Barnes on Monday in his bid to take the helm of the Democratic National Committee. “I ...The Hill - Jan. 6 -
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 -
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 -
Homeland Security Chair Mark Green provides updates on New Orleans attack
Homeland Security Chair Mark Green joins "CBS Mornings" to talk about the New Year's Day attack in New Orleans, where an ISIS-inspired driver killed 14 and injured dozens before being killed by ...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 -
Schumer backs Wikler for DNC chair
Senate Majority Leader Chuck Schumer (D-N.Y.) announced Thursday that he’s throwing his support behind Ben Wikler, the chair of the Democratic Party of Wisconsin, to take the helm of the Democratic ...The Hill - Jan. 2