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10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - 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’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...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 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Watch: Timelapse shows rapid spread of Palisades wildfire
A plume of smoke is seen billowing over Los Angeles in a video charting the wildfire's growth.BBC News - Jan. 8 -
The maps that show how China’s military is squeezing Taiwan
China has increased its incursions into Taiwan’s airspace over the last year, part of strategic harassment that is taking a toll on the island’s resources. China’s military launched a record number ...The Guardian - 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 -
Consumer Electronics Show 2025 underway in Las Vegas
The iconic Consumer Electronics Show is now underway in Las Vegas, showcasing some of the latest trends in technology. Bridget Carey, editor-at-large for CNET, joined CBS News to discuss the event.CBS News - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - Jan. 7 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
Aerial footage shows severe flooding in Leicestershire
Large swathes of the Leicestershire countryside have been inundated by floodwater.BBC News - Jan. 6 -
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Willis wonder show and Smith's new shooting boots
Tom Willis stakes his Test claim with a supreme showing, Marcus Smith tops the kicking charts and other Premiership talking points.BBC News - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
Congestion Pricing Shows the Future of the Democratic Party
A model for how to deliver for voters without getting stuck in a traffic jam — political or otherwise.The New York Times - Jan. 5 -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - Jan. 3 -
How New Orleans' security measures failed to prevent a vehicle attack, experts say
New Orleans has 700-pound steel barriers but did not put them on Bourbon Street until a day after the attack, which the lieutenant governor called “a complete failure of responsibility.”NBC News - Jan. 4 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - Jan. 3 -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - Jan. 3 -
The 50 must-see TV shows for 2025
Sally Wainwright goes punk! Michaela Coel is back! And Robert De Niro smashes on to streaming like a man with something to prove! Here’s your complete guide to 2025’s unmissable TV . Thanks to ...The Guardian - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
At Lorna Simpson’s Show, a Constellation of Galactic and Human History
In celestial hues the artist’s turn to the cosmos, and abstraction, bring us back to vital matters on earth.The New York Times - Jan. 2 -
Meghan announces new Netflix lifestyle show
The show's trailer drops a day after the Duchess of Sussex returned to Instagram.BBC News - Jan. 2 -
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 -
A new TV show about 1988 Lockerbie bombing turns a tragedy into a slog
Colin Firth stars as the father of a victim in Peacock's new miniseries 'Lockerbie: A Search for Truth,' but even he can't break the tedium of its exposition-heavy tale.Los Angeles Times - Jan. 2 -
Watch: CCTV shows the moment people escaped the path of truck by inches
CCTV footage shows people leaping out of the way of the vehicle, as it was driven at crowds on New Year's Day.BBC News - Jan. 2 -
The 16 TV shows we're excited for in 2025
Whether it's returning series like "The White Lotus, "Severance" and "The Last of Us," or new shows like "Watson" and "Long Story Short," there will be plenty of TV to watch in 2025.Los Angeles Times - Jan. 2 -