Latest in Fed Find Itself
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Cash App owner failed to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.CBS News - Jan. 17 -
Wall Street Has No Clue What the Fed Will Do in 2025
Big banks and economists can’t agree on the monetary policy outlook.Inc. - Jan. 17 -
Fed up villagers turn potholes into attraction
Residents have set up Pothole Land after what they say is years of inaction on their rural road.BBC News - Jan. 17 -
Cancer in women and young people is increasing, study finds
New data from the American Cancer Society shows overall cancer deaths are down but the number of women and young adults with cancer is up, according to a new study. CBS News' Michael George reports.CBS News - Jan. 16 -
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.CNBC - Jan. 16 -
NFL, feds tighten Super Bowl security after attack
The NFL and federal law enforcement are increasing security for Super Bowl LIX in New Orleans in response to the New Year's Day terrorist attack on Bourbon Street that killed 14 people, officials ...ESPN - Jan. 16 -
The Fed Could Give the Stock Market Exactly What It Wants
A key inflation metric cooled for the first time in six months.Inc. - Jan. 16 -
Student finds bride's unseen 1960s wedding video
Beryl Davies says there was previously just one coloured photo from her big day in October 1966.BBC News - Jan. 16 -
A Euphoric Tech Industry Is Ready to Celebrate Trump and Itself
The elite of Silicon Valley are set to revel in their new clout during a long weekend of inaugural parties as President-elect Donald J. Trump is set to resume power.The New York Times - Jan. 16 -
Trump will 'find a way' to preserve TikTok, Waltz says
President-elect Trump will take action to preserve TikTok upon taking office, his incoming national security adviser said Wednesday, with a deadline looming for the app’s owner to sell or face a ...The Hill - Jan. 16 -
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 -
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 -
Road workers find body in motorway undergrowth
Police say the body was found by National Highways road workers.BBC News - 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 -
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 -
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 -
Nicola Sturgeon: ‘The independence movement has proven itself resilient’
The former Scottish first minister on SNP scandals, falling out with Alex Salmond — and why pressure for a new referendum will returnFinancial Times - Jan. 10 -
Economists Are in the Wilderness. Can They Find a Way Back to Influence?
Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language have cost them credibility.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 -
Greenlanders are worried to find themselves on Trump’s shopping list
Donald Trump has doubled down on his ambition to buy Greenland using economic or military pressure. Residents of its capital of Nuuk are unhappy about it.NBC News - 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 -
‘Modern Love’ Podcast: Finding the Magic, Just in Time
Clare Cory was 59 years old and had been single almost her whole life. She thought her love story was over. Then everything changed.The New York Times - Jan. 8 -
Questions to ask yourself ... to find a new hobby
Social prescribing expert and professor of psychobiology Daisy Fancourt on how hobbies enrich lives. Think about how many minutes you have spent versus what you wish you’d spent. Continue ...The Guardian - Jan. 7 -
Eureka’s robotic vacuum can detect liquid stains and cut itself free of tangles
Eureka, a household cleaning pioneer with over a century of history, has unveiled its Eureka J15 Max Ultra robotic vacuum.VentureBeat - 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 -
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 -
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