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Wall Street Has No Clue What the Fed Will Do in 2025
Big banks and economists can’t agree on the monetary policy outlook.Inc. - Jan. 17 -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - 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 -
State Attorneys General Ask Courts to Preserve Biden-era Gun Control Measures
Days before Trump returns to office, the legal fight with Democratic state officials over his agenda has begun.The New York Times - Jan. 16 -
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 -
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.CNBC - 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 -
NFL, feds tighten Super Bowl security after attack
The NFL and federal law enforcement are increasing security for Super Bowl LIX in New Orleans in response to the New Year's Day terrorist attack on Bourbon Street that killed 14 people, officials ...ESPN - Jan. 16 -
The Fed Could Give the Stock Market Exactly What It Wants
A key inflation metric cooled for the first time in six months.Inc. - Jan. 16 -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - Jan. 15 -
CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.CBS News - Jan. 15 -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - Jan. 15 -
Should you open a long-term CD before the January Fed meeting?
A long-term CD offers unique benefits to savers now. But should they rush to open one before the next Fed meeting?CBS News - Jan. 13 -
Fed-Up Voters in Louisiana Wanted a Change. They Drafted an ‘Old Ball Coach.’
Sid Edwards was a high school football coach who had never run for office. Now, he’s the mayor of Baton Rouge, Louisiana’s second-largest city.The New York Times - Jan. 12 -
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 -
Biden says feds will cover 100% of fire response costs in California
"I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
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 saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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
