Fed Emergency Borrowing
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The 3 most affordable borrowing options right now
Interest rates are elevated, but there are still affordable lending options to consider if you need to borrow money.CBS News - Top stories -
Trillions of cicadas emerge across U.S.
Trillions of cicadas are emerging in some parts of the country after laying dormant for more than a decade. In Illinois, two broods will co-emerge for the first time in over 200 years. The collective noise from the insects can be as loud as a jet ...CBS News - Top stories -
As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.CNBC - Business -
Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.The New York Times - Business - Donald Trump -
Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.The New York Times - Top stories - Donald Trump -
A Megaraptor Emerges From Footprint Fossils, Study Suggests
A series of foot tracks in southeastern China points to the discovery of a giant velociraptor relative, paleontologists suggest in a new study.The New York Times - Science -
Justices Seemed Split on Emergency Abortion Access
Also, U.S. weapons are headed to Ukraine. Here’s the latest at the end of Wednesday.The New York Times - Top stories - Abortion -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
Emergency exit slide falls off Delta flight
A Delta Air Lines flight en route to Los Angeles was forced to circle back to New York's JFK International Airport Friday morning after it dropped an emergency exit slide.CBS News - Top stories -
Pro-Palestinian protests emerge on more college campuses
Pro-Palestinian protests emerged on more college campuses Friday amid growing concerns about outside demonstrators not linked to schools where protests are being staged. Lilia Luciano has details.CBS News - Top stories -
A Megaraptor Emerges From Footprint Fossils, Study Suggests
A series of foot tracks in southeastern China points to the discovery of a giant velociraptor relative, paleontologists suggest in a new study.The New York Times - Science -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Trump Allies' Plan Would Weaken Fed's Independence
Under the proposal, Fed Chair Jerome Powell could be removed before his term ends in 2026 and the central bank would have to consult Trump on interest rate moves.Inc. - Business - Donald Trump -
A Brief History of Fed's Uneasy Peace With the White House
Central bankers are haunted by the danger of political meddling in inflation-control policies.The Wall Street Journal - World -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - World -
Even If the Fed Cuts, the Days of Ultralow Rates Are Over
Soaring budget deficits and investment needs mean the “neutral” interest rate may be higher.The Wall Street Journal - World - Federal Reserve -
UK holds local elections and Fed sets rates
Polls in England and Wales, a US interest rate decision and a dip in market activity for May Day celebrationsFinancial Times - World - United Kingdom -
Gold Falls on Dimming Fed Rate Cuts Hopes
Gold prices were lower in early Asian trade as expectations of rate cuts by the U.S. Fed fade.The Wall Street Journal - World - Federal Reserve -
Support for U.S. Bonds Will Crumble If Fed Doves Fade
There has been a lack of sustained follow-through selling in the U.S. bond market of late, but the levels of support may collapse if the Fed pushes back hard on rate cut expectations, Oxford Economics said.The Wall Street Journal - World - Federal Reserve -
Supreme Court Weighs Emergency Abortions in States Where Procedure Is Banned
Justices considered whether federal law permits emergency-room doctors to perform abortions to preserve a woman’s health even in states that outlaw the procedure.The Wall Street Journal - World - Abortion -
Supreme Court Appears Sharply Divided in Emergency Abortion Case
The justices weighed whether a federal law aimed at protecting access to emergency medical care superseded Idaho’s near-total abortion ban.The New York Times - Top stories - Abortion -
Supreme Court appears divided over Idaho emergency abortion case
The Supreme Court heard oral arguments Wednesday over an Idaho abortion law that could have an impact on emergency room care in that state and beyond. CBS News legal correspondent Jan Crawford unpacks the proceedings.CBS News - Top stories - Abortion -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
How a Loss in the Emergency Abortion Case Could Become a Win for Biden
A ruling in the emergency abortion case heard at the high court on Wednesday could turn out abortion rights supporters to the polls.The New York Times - Top stories - Joe Biden -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Thames Water bondholders demand emergency summit with troubled group
Creditors holding £5bn of debt have been spooked by default of parent company this monthFinancial Times - Business -
Delta plane's emergency slide falls off during flight
An emergency slide separated from a Delta plane not long after takeoff from New York City, forcing the pilots to return to the airport, officials said.ABC News - Top stories -
Supreme Court hears case about emergency abortion care
The Supreme Court heard oral arguments in another major abortion access case as it grapples with the aftermath of reversing Roe v. Wade. Follow here for live audio of the arguments, news updates, analysis and more.CNN - Top stories - Abortion -
Delta Flight Loses Emergency Slide After Takeoff From J.F.K.
The plane had taken off from Kennedy International Airport when crew members noticed problems near its right wing, Delta said. What became of the slide is unknown.The New York Times - Business -
Ireland plans to send asylum seekers back to UK under emergency law
Taoiseach wants to reduce arrivals through Northern Ireland amid concern that Sunak’s Rwanda plan is driving people to Ireland. Ireland plans to return asylum seekers to the UK under new emergency laws, in an effort to stem arrivals through ...The Guardian - World - United Kingdom -
At least 4 people are dead after a night of tornadoes and storms in the Midwest
Dawn broke over scenes of devastation in several counties across Oklahoma on Sunday, with reports of severe structural damage, closed highways, blackouts, injuries and at least five deaths.NBC News - Top stories -
Runner dies after receiving emergency treatment at Nashville race, organizers say
A marathon runner in the St. Jude Rock ‘n’ Roll Running Series in Nashville this weekend has died after receiving emergency treatment at the raceABC News - Sports -
A president declared an emergency over rape. What happened next?
Despite Sierra Leone declaring sexual violence a national emergency, perpetrators are rarely punished.BBC News - Top stories -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan