Latest in Fed Chief Powell
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Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - Dec. 4 -
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 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - 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 -
Russian General Calls U.S. Chairman of Joint Chiefs
In a highly unusual call, the two men “discussed a number of global and regional security issues, to include the ongoing conflict in Ukraine,” a spokesman said.The New York Times - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chair Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a course correction days after the national debt topped $36 trillion for the ...The Hill - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Trump nominates Jared Isaacman, private astronaut and Shift4 CEO, for NASA chief
President-elect Donald Trump on Wednesday nominated Jared Isaacman to be NASA Administrator.CNBC - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
NATO chief calls for more weapons for Ukraine ahead of peace talks with Russia
NATO Secretary-General Mark Rutte is urging Ukraine to hold off on peace talks with Russia until it can get more military aid. CBS News senior national security correspondent Charlie D'Agata has more.CBS News - Dec. 4 -
Powell scores 30 and Harden has 23 as the Clippers beat the Trail Blazers 127-105
Norman Powell scored 30 points, James Harden had 23 and the Los Angeles Clippers beat the Portland Trail Blazers 127-105 on Tuesday nightABC News - Dec. 4 -
Fantasy Football RB Report: Can managers trust anyone in the Chiefs or Chargers backfield?
Fantasy football analyst Pranav Rajaram breaks down the latest RB trends — including the evolving situation with Isiah Pacheco's return in Kansas City.Yahoo Sports - Dec. 4 -
The chief executive of UnitedHealthcare has been shot and killed outside a New York City hotel, AP source says
The chief executive of UnitedHealthcare has been shot and killed outside a New York City hotel, AP source saysABC News - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
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Belgian authorities open fraud probe into former EU justice chief days after his mandate ended
Belgian authorities say they have opened a fraud investigation into the former European Union justice chief, just days after his mandate endedABC News - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
Bundesbank chief calls for softer debt brake to increase investment
German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfallsFinancial Times - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
NATO Chief Urges More Weapons for Ukraine Ahead of Any Peace Talks
Mark Rutte said it was up to Ukraine to decide when it was ready to begin negotiations with Russia — and that the West should help strengthen Kyiv’s position beforehand.The New York Times - Dec. 3 -
OpenAI hires first marketing chief from Coinbase
OpenAI said on Tuesday that it's hired Kate Rouch from Coinbase as its first chief marketing officer.CNBC - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
NATO chief wants less talk of peace process in Ukraine, more arms
NATO’s Secretary-General Mark Rutte argued that Ukraine needs to be put in a “position of strength” instead of being pushed toward peace talks, while speaking at a Tuesday conference ahead of the ...The Hill - Dec. 3 -
Starmer plans peerage for former chief of staff Sue Gray
PM’s ‘political list’ said to be long even as he axes 92 hereditary peers to trim the size of the LordsFinancial Times - Dec. 3 -
England’s chief prosecutor warns lawyers’ pay may be adding to court delays
Head of Crown Prosecution Service Stephen Parkinson calls for reviewFinancial Times - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.NBC News - Dec. 3 -
Former USWNT coach Jill Ellis leaving San Diego Wave role to become FIFA’s chief football officer
Former United States head coach Jill Ellis is leaving her role as San Diego Wave FC president to become chief football officer at FIFA. Ellis, 58, has been Wave’s president since the club joined ...Yahoo Sports - Dec. 3 -
NATO's chief avoids talk of Ukraine's membership. He says the priority is helping Kyiv defend itself
NATO Secretary-General Mark Rutte has sidestepped questions about Ukraine’s possible membership in the military allianceABC News - Dec. 3 -
Nomura chief apologises after ex-employee charged with clients’ attempted murder
Former wealth management staff arrested after allegedly setting customers’ house on fireFinancial Times - Dec. 3 -
NFL Power Rankings: Chiefs, Ravens aren't as good as we think
Patrick Mahomes and Kansas City are 11-1, but are looking more vulnerable every week and Baltimore's five losses are concerning. Plus: Lions in danger?Yahoo Sports - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Why Stellantis’ chief executive Carlos Tavares was axed
Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louderFinancial Times - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2