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Fed up villagers turn pot holes into attraction
Residents have set up Pothole Land after what they say is years of inaction on their rural road.BBC News - 7h -
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 - 11h -
The Fed Could Give the Stock Market Exactly What It Wants
A key inflation metric cooled for the first time in six months.Inc. - 19h -
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 - 1d -
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 - 15h -
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 - 1d -
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 - 1d -
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 - 3d -
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 - 4d -
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 - 5d -
Redick: Lakers want to play, 'give people hope'
Lakers coach JJ Redick says he hopes Saturday's game against the Spurs will be played as scheduled, giving the people of Los Angeles 'hope' in the wake of recent wildfires.ESPN - 6d -
Biden to give prime-time farewell address to nation
President Joe Biden will give his farewell address to the nation in prime time on Wednesday, Jan. 15.ABC News - 6d -
Biden to give farewell address Wednesday
President Biden will deliver his farewell address Wednesday to the nation to mark the end of his four years as president, the White House announced. He will deliver his last address at 8 p.m. EST ...The Hill - 6d -
The Weather Won’t Give Southern California’s Firefighters a Break
The dry, windy conditions that help the fires spread are poised to persist.The New York Times - 6d -
Los Angeles officials give update on wildfires
Authorities in Los Angeles gave an update Friday on the wildfires that continue to burn around the city. Following their update, CBS News correspondent Elise Preston had a report from the Santa ...CBS News - 6d -
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 - 6d -
Biden to give last foreign policy address Monday
President Biden will deliver an address on his foreign policy legacy on Monday, a senior administration official previewed. The speech will focus on his administration’s work to strengthen ...The Hill - 6d -
Boeing and Google each give $1m for Trump inauguration
The US companies join other major firms donating funds for the ceremony on 20 January.BBC News - 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 -
Watch live: Biden to give remarks on California fires
President Biden will give brief remarks Thursday about the wildfires raging in the Los Angeles region that have killed at least five people, forced thousands to evacuate and caused irrevocable ...The Hill - Jan. 9 -
Bush gives Obama a belly tap at Carter funeral
Former President Bush gave former President Obama a belly tap at the funeral on Thursday for the late President Carter, a moment caught on camera and then shared widely on social media. When Bush ...The Hill - 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 -
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 -
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 -
On the Run, a Hit Man Gives One Last Confession
Edgar Matobato says he killed again and again for former President Rodrigo Duterte of the Philippines. Now he’s trying to stay alive to testify.The New York Times - 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 -
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 -
Hospital gives update on survivors of New Orleans attack
Dr. Jeffrey Elder, chief medical officer at University Medical Center in New Orleans, speaks to "CBS Mornings" about the conditions of survivors of the vehicle attack and how the hospital became a ...CBS News - Jan. 2 -
Giving Kids Some Autonomy Has Surprising Results
Letting them take some responsibility for their choices is what prepares them for adult life.The New York Times - Jan. 2 -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - Jan. 2