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Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut
Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.Business - Inc. - October 18 -
The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
As ransomware cyberattacks escalate, government officials say companies are making bad decisions on the 'pay or not pay' dilemma, especially cyber insurers.Business - CNBC - October 18 -
Feds sweep NYC jail where Sean "Diddy" Combs is being held
The NYC jail where Sean "Diddy" Combs is being held was targeted with an interagency operation, federal prison officials said.Top stories - CBS News - October 28 -
Why you should open a $10,000 CD before the November Fed meeting
For many savers, it makes sense to deposit $10,000 into a CD before the next Federal Reserve meeting. Here's why.Top stories - CBS News - October 29 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - 5 days ago -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - 5 days ago -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.Top stories - NBC News - 5 days ago -
New U.S. economy data before next Fed interest rate decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.Top stories - CBS News - 5 days ago -
Jobs Data Come as the Fed Stares Down a Complex Moment
Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower rates.Business - The New York Times - 4 days ago -
The Fed hasn’t tamed inflation — and the stock market has yet to figure that out
Stocks can handle moderate inflation as long as economic growth persistsBusiness - MarketWatch - 3 days ago -
Fed poised to look past US election uncertainty with quarter-point rate cut
Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policyBusiness - Financial Times - 2 days ago -
My friend has embraced conspiracy theories and I’m fed up with it | Ask Philippa
Think of him like a car in a skid, you want to take the steering wheel and switch direction, but the car has too much momentum and it will carry on the same path. The question I’ve had a good ...World - The Guardian - 2 days ago -
Top Wall Street execs are getting skeptical on the Fed's easing path
Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.Business - CNBC - Yesterday -
Election-week Fed meeting won’t give markets the roadmap they want
Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...Business - MarketWatch - Yesterday -
Bond-market ‘vigilantes’ appear to be in ‘driver’s seat’ before election, Fed meeting
Ahead of U.S. Election Day and the Federal Reserve’s decision on interest rates, “bond vigilantes” appeared to be in “the driver’s seat” for the market, according to Yardeni Research.Business - MarketWatch - 15 hours ago -
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.Top stories - CBS News - Yesterday -
Will gold's price fall after this week's Fed rate cut?
The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.Top stories - CBS News - Yesterday -
Would the Fed ever rely on AI to decide interest rate moves? The risks are high.
Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.Business - MarketWatch - 3 hours ago -
Why the stock market will likely get two more Fed rate cuts in 2024
The trend in short-term rates leading up to the U.S. presidential election usually persists.Business - MarketWatch - 3 hours ago -
Why you should open a CD even as the Fed continues to cut rates
An additional Federal Reserve rate cut is expected to be issued this week. Here's why you should open a CD anyway.Top stories - CBS News - 7 hours ago -
War is but one path to the Iron Throne: Iconic 'Game of Thrones' chair sells for $1.4 million
An Iron Throne from 'Game of Thrones' sells at auction, along with hundreds of other items from the epic HBO series. The entire haul fetches $21 million.Entertainment - Los Angeles Times - October 14 -
Senate Intel chair frets about foreign actors spreading hurricane, election misinformation
Senate Intelligence Committee Chair Mark Warner (D-Va.) on Tuesday indicated that he is concerned foreign actors are spreading misinformation related to the recovery from a pair of recent ...Politics - The Hill - October 15 -
Furniture of Champions: How Paris Olympics Tables and Chairs Are Finding a Second Life Online
Sold and auctioned off to small businesses, Olympic Village decor lives on in a seemingly endless chain of resellers.Business - Inc. - October 16 -
Disney will name Bob Iger's replacement in early 2026; James Gorman to become board chair next year
Former Morgan Stanley CEO James Gorman will replace Nike Executive Chairman Mark Parker as chairman in January.Business - CNBC - October 21 -
Patriot — Alexei Navalny’s fight for a ‘beautiful Russia’, in his own words
The memoir of Putin’s murdered opponent is a worthy testament to his courage, defiance and humourWorld - Financial Times - October 22 -
Harris' closing argument will focus on 'contrast' between her and Trump: Harris campaign co-chair
Harris Campaign Co-Chair Rep. Robert Garcia (D-Calif.) joins Meet the Press NOW to discuss Vice President Kamala Harris' closing argument as Election Day nears.Politics - NBC News - October 23 -
Senate Intelligence chair presses web domain companies to take action against Russian influence operations
Senate Intelligence Committee Chair Mark Warner (D-Va.) pressed a select group of domain registrars in the U.S. to address alleged abuse of their services by Russian influence operations during the ...Politics - The Hill - October 24 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
RNC Chair on why Haley isn’t stumping for Trump: ‘You’d have to take that up with her’
Republican National Committee (RNC) Chair Michael Whatley did not directly address why former Republican presidential candidate Nikki Haley is not campaigning for former President Trump, with just ...Politics - The Hill - 5 days ago -
TEPCO ex-chair at time of Fukushima nuclear disaster dies at 84 while on trial over responsibility
Tokyo Electric Power Company Holdings' former chairperson, who led the emergency response after a meltdown at its Fukushima Daiichi nuclear plant and was accused of being responsible for failing to ...Tech - ABC News - 5 days ago -
TEPCO ex-chair at time of Fukushima nuclear disaster dies at 84 while on trial
Tokyo Electric Power Company Holdings' former chairperson, who led the emergency response after a meltdown at its Fukushima Daiichi nuclear plant and was accused of being responsible for failing to ...World - ABC News - 5 days ago