Latest in Fed May Statement
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The bond market may be at risk from inflationary forces beyond the Fed’s control
Investors remain nervous about upside risks to inflation, such as the outcome of the Nov. 5 presidential election, that haven’t been priced into the bond market — and which policymakers may not be ...Business - MarketWatch - October 15 -
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 -
A statement from 60 Minutes
60 Minutes is sharing the following statement regarding former President Donald Trump's comments on an Oct. 7, 2024 segment featuring Vice President Kamala Harris.Top stories - CBS News - October 20 -
A statement from 60 Minutes
60 Minutes is sharing the following statement regarding former President Donald Trump's lawsuit against CBS.Top stories - CBS News - 1 hour ago -
Opening statements in Delphi murder trial
Richard Allen's trial is underway in Indiana. Allen is accused of killing two teenage girls in a case known as the Delphi murders. He pleaded not guilty to all charges. CBS News' Meg Oliver reports.Top stories - CBS News - October 18 -
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NBA fines 76ers $100,000 over statements about Joel Embiid's injury; team has no timetable for his or Paul George's return
It’s still unclear when either Joel Embiid or Paul George will be ready to play for the 76ers this season.Sports - Yahoo Sports - 2 days ago -
NY Fed: ‘Reserves remain abundant’
Cute new measure of the reserve regime just droppedWorld - Financial Times - October 21 -
Philadelphia Fed’s factory gauge jumps in October
Index rises to 10.3, second straight monthly gainBusiness - 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 stateWorld - 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 - 7 hours ago -
Liam Payne's family releases statement in wake of his death in Argentina
Tributes poured in from the music and entertainment world in reaction to Liam Payne's death at 31.Entertainment - CBS News - October 17 -
Delphi murders trial begins in Indiana, 7 years after girls killed
Twelve jurors and four alternates were chosen Monday and Tuesday in Fort Wayne, Indiana, to hear Richard Allen's trial in the 2017 killings of 13-year-old Abigail Williams and 14-year-old Liberty ...Top stories - CBS News - October 18 -
Opening statements set to begin in Delphi double murder trial
Opening statements are set to begin for the trial of Richard Allen, the man charged in the 2017 murder of two teenage girls, Abby Williams and Libby German, who were killed while they hiked on a ...Top stories - NBC News - October 18 -
Army entirely redacts statement on Trump campaign Arlington incident
The U.S. Army on Friday released a heavily redacted report on an incident at Arlington National Cemetery involving a staffer and aides with the Trump campaign when the former president visited the ...Politics - The Hill - 6 days ago -
Analysis: Eagles, Bills, Commanders make big statements in Week 8
It was a statement Sunday for Jalen Hurts and the Philadelphia Eagles, Josh Allen and the Buffalo Bills, and Jayden Daniels and the Washington CommandersSports - ABC News - 3 days ago -
Bethesda's Indiana Jones and the Great Circle Denounces Nazis With In-Game Statement
For anyone who has ever watched an Indiana Jones movie, there's no question about where the title character stands on Nazis. He's been punching them in the face ever since Raiders of the Lost Ark ...Tech - GameSpot - 2 days ago -
Bronze asks for patience, Wales march on and Switzerland make statement | Suzanne Wrack
This international window saw ups and downs for Germany, Scotland step up a gear and drama for Wales and Northern Ireland. Germany beat England 4-3 at Wembley but then went on to lose 2-1 to ...World - The Guardian - Yesterday -
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeWorld - Financial Times - October 15 -
Why you should open a CD before the November Fed meeting
The benefits of opening a CD could soon be waning. Here's why you should open one before the November Fed meeting.Top stories - CBS News - October 14 -
The Fed should beware declaring the war on inflation over prematurely
Wobbles in the bond market suggest investors think the US central bank turned too dovish too soonWorld - Financial Times - October 15 -
Meet Michelle Bowman, the Fed Official Cited by JD Vance
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.Business - The New York Times - October 15 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15 -
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
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 electionBusiness - Financial Times - October 18 -
The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut
Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.Business - Inc. - October 18 -
The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
As ransomware cyberattacks escalate, government officials say companies are making bad decisions on the 'pay or not pay' dilemma, especially cyber insurers.Business - CNBC - October 18 -
Fed’s Logan says ‘strong and stable’ U.S. economy still faces ‘meaningful uncertainties’
The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful for a rebound in inflation as it gradually lowers U.S. interest rates.Business - MarketWatch - October 21 -
Feds sweep NYC jail where Sean "Diddy" Combs is being held
The NYC jail where Sean "Diddy" Combs is being held was targeted with an interagency operation, federal prison officials said.Top stories - CBS News - 3 days ago -
The Fed hasn’t tamed inflation — and the stock market has yet to figure that out
Stocks can handle moderate inflation as long as economic growth persistsBusiness - MarketWatch - 2 days ago -
Why you should open a $10,000 CD before the November Fed meeting
For many savers, it makes sense to deposit $10,000 into a CD before the next Federal Reserve meeting. Here's why.Top stories - CBS News - 2 days ago -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - 10 hours ago -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - 11 hours ago