Latest in Fed Know It’s
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Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - Dec. 11 -
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
Sednaya Prison in Syria: What to Know
Amnesty International described it as a “human slaughterhouse,” where, other rights groups say, tens of thousands of people were detained, tortured and killed during the 13-year civil war.The New York Times - Dec. 11 -
Feds collected records of congressional staff, reporters in Trump-era leak probes
The Justice Department failed to follow internal policy and ignored protections when seeking records from members of Congress, dozens of congressional staffers and members of the media, a watchdog ...CBS News - Dec. 10 -
How a Four-Time Entrepreneur Knows It’s Time to Exit
Founder Marc Lore warns to keep your ego in check.Inc. - Dec. 10 -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - Dec. 9 -
Good ideas know no borders
There is something narrow-minded about criticising a British politician for being ‘America-brained’Financial Times - Dec. 9 -
What we know about the notorious Saydnaya Prison
Thousands of people have been executed and tortured in the secretive prison since the 1980s.BBC News - Dec. 9 -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - Dec. 9 -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - Dec. 8 -
Donald Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump says he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026, during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.NBC News - Dec. 8 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
What to know about the killing of UnitedHealthcare's CEO
The masked gunman who killed UnitedHealthcare CEO Brian Thompson has remained elusive, even as investigators learned more Friday about his movements before and after the shocking crimeABC News - Dec. 6 -
Californians Know About Earthquakes, but Tsunamis Are a Different Story
Northern California cities and residents seemed unsure on Thursday about the best response to an official tsunami warning that went out to five million Californians.The New York Times - Dec. 7 -
What to know about abortion access in Missouri
Planned Parenthood wanted to resume offering abortions in several Missouri clinics on Friday, immediately after the state's new constitutional amendment rolling back a near total ban took effectABC News - Dec. 6 -
The Cryptocurrency You May Not Even Know You Own
Many funds hold stakes in MicroStrategy, which behaves like Bitcoin’s wilder cousin. This may not be what you want in your retirement portfolio, our columnist says.The New York Times - Dec. 6 -
What to Know About Ghana’s Election
Ghanaians voting on Saturday are confronted with a choice familiar to Americans: Return a one-term former president to office, or promote the vice president, at a time when anger over the economy ...The New York Times - Dec. 6 -
What to know about Syria's rekindled civil war
Thousands of people were fleeing fighting amid a dramatic escalation in Syria's civil war, which had simmered without major advances by either side for years.CBS News - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - Dec. 5 -
What to know about the investigation into the killing of the UnitedHealthcare CEO
Rodney Harrison, a CBS News law enforcement contributor and former Suffolk County police commissioner who spent three decades with the NYPD, joins "CBS Mornings" to discuss the latest on the ...CBS News - Dec. 5 -
What to know about the fatal shooting of UnitedHealthcare's CEO
A manhunt is underway in New York for the suspect who shot the CEO of the country’s largest private health insurer Wednesday morning. Police said UnitedHealthcare CEO Brian Thompson was shot and ...The Hill - 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 -
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 -
Holt’s bonuses for nurses: everything you need to know
Premier Susan Holt is making good this month on one of her campaign promises: to give nurses bonuses for staying on the job in New Brunswick.Yahoo Sports - 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 -
Infinity Nikki - Everything To Know
In the often grey and macho world of video games, it's refreshing to see a colourful creation that isn't afraid to shine. Look no further than the latest head-turning adventure from developer ...GameSpot - Dec. 3 -
Is Enron really back in business? Here's what to know.
A new Enron website appeared on Monday to proclaim its relaunch. It's been 23 years since the energy company went up in smoke.CBS News - Dec. 3 -
What to know about Travel Tuesday deals
In another round of post-Thanksgiving deals, an airfare tracking site says there's an opportunity to save on your next trip. According to Hopper, last year there were nearly twice as many travel ...CBS News - Dec. 3 -
My Assistant Doesn’t Know How to Prioritize
She’s missing deadlines while doing less important tasks.Inc. - Dec. 3 -
Stalking victims to get right to know abuser's identity
Jess Phillips, who herself was stalked, says victims will get "peace of mind" under the government's plans.BBC News - Dec. 3 -
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 -
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 -
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 -
5 things to know about Kash Patel
President-elect Trump on Saturday nominated longtime ally Kash Patel to lead the FBI, tapping a figure who has pledged to reform the bureau. In doing so, Trump signaled his plan to remove FBI ...The Hill - Dec. 2