Latest in Fed Lucky Than
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What to know about the Fed’s rate move.
Federal Reserve officials projected just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress.The New York Times - 11m -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 1h -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 6h -
Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.The New York Times - 2d -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 1h -
The Fed was more lucky than right in the fight against inflation — and still getting it wrong, these researchers say.
How successful was the Fed in fighting inflation in the first place? As little as 20% of the fall in inflation was due to the central bank’s rate hikes, researchers say.MarketWatch - 8h -
Mortgage rates inch up ahead of Fed meeting
Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.MarketWatch - 9h -
Feds are moving to improve airline travel for people with disabilities
New rule is department's latest effort to improve commercial air travel for passengers with disabilities. Here's what's in it.CBS News - 2d -
In settling Jalen Hurts-A.J. Brown tension, Eagles got lucky vs. Steelers — but not in the way you might think
Philadelphia's passing game was a hot topic this week. A ripe opponent was awaiting them after "everybody kissed and made up."Yahoo Sports - 2d -
Why Followership Is More Important Than Ever
Our obsession with leadership ignores the people who actually get stuff done.Inc. - 3d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
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The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 5d -
Elon Musk and Tesla Shareholders Are Richer Than Ever
Tesla stock and Elon Musk’s net worth are both smashing record highs.Inc. - 6d -
Burrow: Privacy 'violated in more ways than one'
Before answering questions during his midweek news conference, Cincinnati QB Joe Burrow issued a statement addressing the burglary that occurred at his home while the Bengals were on the road to ...ESPN - 6d -
DealBook Summit: Technologists on Smarter-Than-Humans Technology
Most members of a DealBook Summit panel described immense benefits from artificial intelligence and saw its risks as manageable.The New York Times - Dec. 11 -
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 -
Lucky Strike maker BAT sees stronger H2 revenue growth in new category, combustibles
The maker of Lucky Strike and Dunhill cigarettes said it remains on track to meet its 2024 outlook of low-single-digit organic revenue and adjusted profit growth. "In the United States, I am ...Yahoo Sports - Dec. 11 -
Ross Barkley’s lucky break edges Aston Villa past Leipzig in five-goal thriller
After Jhon Durán scored, with another ludicrously powerful strike, he celebrated by showing the Aston Villa supporters the palms of his hands, as if to say: “Calm down, what else did you possibly ...The Guardian - Dec. 10 -
Americans are paying more than ever for health insurance
Consumers are venting frustrations about health insurance in wake of UnitedHealthcare CEO murder. Costs have outpaced inflation for years.CBS News - Dec. 9 -
Trump's Cabinet woes are back, earlier than ever
President-elect Donald Trump could break the record for most failed Cabinet nominations to start a term.ABC News - Dec. 9 -
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 -
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 -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - Dec. 7 -
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 -
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 -
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Tariff Man’s superpowers are weaker than he thinks
Donald Trump’s obsession with import taxes belies their limited effectsFinancial Times - Dec. 5 -
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 -
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 -
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