Fed Goes Big - QuikReader

Big Tech goes nuclear

{beacon} Energy & Environment Energy & Environment The Big Story Big Tech turns to nuclear energy to power AI boom Major technology companies are increasingly turning to nuclear energy as they ...

Politics - The Hill - October 17

Top Trump economic adviser says big Fed rate cut was justified

Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins election

Business - Financial Times - October 18

Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely

The central bank isn’t likely to change its mind, even with two key data points and presidential election coming before their meeting, economists said

Business - MarketWatch - October 28

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says

Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...

Business - MarketWatch - October 19

Uranium and utilities stocks can soar even higher as Big Tech goes nuclear

Microsoft and other tech giants including Oracle, Amazon.com, Apple and Alphabet need more electricity to energize their AI future.

Business - MarketWatch - October 19

No. 21 Colorado goes into 1st November game in thick of Big 12 race; No. 9 BYU still undefeated

Coach Deion Sanders and 21st-ranked Colorado play their first November game tied for second place in the Big 12 conference

Sports - ABC News - 2 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 2 days ago

On TikTok, Some Grieved Liam Payne’s Death With Reaction Videos

In reaction videos, some users captured themselves learning about the young singer’s death in real time. At a time when the cameras are always rolling, it’s not so unusual.

Lifestyle - The New York Times - October 19

What if Texas goes blue?

Texas has been trending blue for a decade — that means Democrats could win the White House and maintain the narrowest of majorities in the Senate.

Politics - The Hill - October 28

NY Fed: ‘Reserves remain abundant’

Cute new measure of the reserve regime just dropped

World - Financial Times - October 21

When venture capitalism goes wrong

The demise of Byju’s holds lessons for other ambitious scale-ups and investors

Business - Financial Times - October 23

Where Hurricane Rafael Goes Next

The storm is turning left, moving across the Gulf of Mexico. Forecasters are still uncertain of exactly where the hurricane will go later this weekend.

Top stories - The New York Times - 2 days ago

Philadelphia Fed’s factory gauge jumps in October

Index rises to 10.3, second straight monthly gain

Business - MarketWatch - October 17

Feds charge fan with arson for flares in Orlando

A man has been charged with "arson of a building that led to personal injuries" after releasing two flares into the stands at an Orlando City match at Inter&Co stadium in Orlando, Florida, federal ...

Sports - ESPN - October 18

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Fed should beware of wishing on an R-star

US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana state

World - Financial Times - October 23

Fed Beige Book continues to point to sluggish economy

Nine out of 12 districts report flat or declining activity.

Business - MarketWatch - October 23

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - 3 days ago

Trump Is Inheriting Booming Markets and a Decisive Fed

Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.

Business - Inc. - 2 days ago

Trump is not expected to try to fire Fed Chair Powell

Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.

Business - MarketWatch - 2 days ago

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.