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Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basisCNBC - 6h -
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.The New York Times - 6h -
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says.The New York Times - 8h -
Feds: No evidence of Mizuhara gambling addiction
Federal prosecutors said Thursday that there was no evidence Ippei Mizuhara, the ex-interpreter of Shohei Ohtani, suffered from a gambling addiction, as he claimed when he asked a judge to limit ...ESPN - 4h -
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further from its inflation goal and reducing the chance of another reduction in ...MarketWatch - 8h -
Powell’s goal for Fed today: ‘Trying not to make a splash’
Just over a week after Donald Trump’s return to the White House, Federal Reserve officials are gathering in Washington to discuss the outlook for interest-rate policy, with a goal of simply trying ...MarketWatch - 2d -
Mexico and Canada launch flurry of border measures to appease Trump
Tariff threat spurs Mexico to fill in smuggling tunnel and Canada to deploy helicopters and dronesFinancial Times - 3d -
Will the Fed respond to Trump’s call on interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
Will gold's price rise after the January Fed meeting?
The price of gold could shift after the Fed meets this month — but will it continue on its upward trajectory?CBS News - Jan. 24 -
Costco shareholders reject an anti-DEI measure from a conservative group
Costco's public support of DEI programs contrasts with positions taken in recent months by other big U.S. brandsCBS News - Jan. 24 -
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Wisconsin's Evers calls for gun control measures and a bipartisan approach to immigration
Wisconsin Gov. Tony Evers used his seventh State of the State speech Wednesday to urge the Republican-controlled Legislature to enact a wide range of Democratic priorities they have rejected in the ...ABC News - Jan. 22 -
Drax lobbied Canada for intervention on EU forest protection measures
Protection rules for old growth and primary forests questioned by UK energy group fuelled by wood pelletsFinancial Times - Jan. 22 -
Senate approves Laken Riley Act, sending immigration measure back to House
The Senate approved a bill known as the Laken Riley Act, which is aimed at expanding the federal government's mandate to detain immigrants who are in the country illegally.CBS News - Jan. 20 -
Tight security measures for Trump's inauguration
Security for President-elect Donald Trump's inauguration is expected to be the tightest Washington, D.C., has ever seen with more than 25,000 law enforcement and military personnel in the city and ...CBS News - Jan. 20 -
US treasury secretary says US will take measures to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic ...NBC News - Jan. 18 -
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.The New York Times - Jan. 17 -
Slaughterhouses Settle 3 Child Labor Cases With Feds
Agribusiness giants Purdue Farms and JBS Foods, along with a slaughterhouse cleaning company, paid about $8.4 millions in fines for having underaged workers in dangerous jobs.Inc. - Jan. 17 -
Bonus season shake-up: how does yours measure up?
The FT’s annual bonus survey is now liveFinancial Times - Jan. 17 -
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Fed up villagers turn potholes into attraction
Residents have set up Pothole Land after what they say is years of inaction on their rural road.BBC News - Jan. 17 -
China's annual GDP growth meets target of 5% as stimulus measures kick in
China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.NBC News - Jan. 17 -
Comer reintroduces measure requiring return of federal workers to offices
Rep. James Comer (R-Ky.) on Thursday reintroduced his measure requiring federal workers to return to the office, ending pandemic-era norms that allowed them to work remotely. Comer, the House ...The Hill - Jan. 16 -
Trump will 'put measures in place' to stop TikTok ban, top adviser says
Incoming National Security Adviser Mike Waltz says the law allows a 90-day grace period for the app's Chinese owner.BBC News - Jan. 16 -
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 - Jan. 11 -
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 - Jan. 10 -
EU fears Trump rolling back Biden-era measures
Bloc concerned about president-elect reversing US sanctions against Russia and other policiesFinancial Times - Jan. 10 -
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 are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - 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 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - Jan. 8 -
Senators introduce measure making daylight saving time year-round standard
Sen. Rick Scott (R-Fla.) reintroduced legislation to make daylight saving time year-round on Tuesday, touting bipartisan support for the measure. “I hear from Americans constantly that they are ...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 -
Forget 2 per cent — there is a better way to measure global security contributions
Hammering countries about Nato’s target has not made the world a safer placeFinancial Times - Jan. 8 -
Houses passes immigration measure named after Laken Riley
House Republicans focused their attention on the border with their first bill of the year, passing legislation named after the slain Georgia student Laken Riley that would require detention of ...The Hill - Jan. 7 -
Security measures boosted ahead Jimmy Carter funeral in D.C.
Washington, D.C., is bolstering security measures for several big events occurring in the nation's capital, including the funeral of former President Jimmy Carter. CBS News' Skyler Henry has more ...CBS News - Jan. 2
