Latest in Fed Need Raise
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How Much Did Trump, Biden and Harris Raise? A Stunning $4.7 Billion.
That figure, which includes totals from the three presidential contenders’ main allied groups, emerged in the final federal filings of a staggeringly expensive campaign.The New York Times - Dec. 6 -
Russia warns citizens they may need to leave Syria
Rapid rebel advance deepens crisis for Moscow-allied Assad regime as insurgents approach strategic city of HomsFinancial Times - Dec. 6 -
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 -
Damascus and Assad now in Syrian rebels' sights, raising stakes for president
The sudden offensive could become the biggest threat to Syria's president in 13 years of civil war.BBC News - Dec. 6 -
We need the best of business innovation in government
Growth that does not make working people better off is pointlessFinancial Times - Dec. 6 -
Yes, Chipotle is raising menu prices again: Here's why
The cost of your burrito bowl is going up. Chipotle has raised menu prices for the first time in over a year.The Hill - Dec. 6 -
U.S. raises alarm over Russian interference in Romania’s election
The Biden administration and lawmakers in Congress are raising alarm over Russian interference in presidential elections in Romania, a NATO ally that borders Ukraine and the Black Sea. Romania’s ...The Hill - Dec. 5 -
No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - Dec. 5 -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - Dec. 5 -
Will Washington need to step up to support Intel?
Exit of CEO Pat Gelsinger maybe a sign of a shift in attitude by the company’s board to a huge strategic overhaulFinancial Times - Dec. 5 -
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 -
Aviva raises offer to buy Direct Line
FTSE 100 insurer makes second bid for its smaller rival at 261p a shareFinancial Times - Dec. 5 -
Southwest and American airlines raise sales outlooks, shares jump
Southwest and American airlines forecast stronger-than-expected revenue for the fourth quarter.CNBC - Dec. 5 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
A player’s foreseeable death raises existential questions for college football
If the purpose of universities is to cultivate the mind, it is nearly impossible to deny that football, by degrading the brain, is antithetical to the process. “It is clearly the duty of the ...The Guardian - Dec. 5 -
A player’s foreseeable death raises existential questions for college football
If the purpose of universities is to cultivate the mind, it is nearly impossible to deny that football, by degrading the brain, is antithetical to the processYahoo Sports - Dec. 5 -
Disney raises its annual dividend by 33% following ‘highly successful year’
The Walt Disney Co. on Wednesday raised its annual dividend by 33%, to $1 a share, after a year marked by increased streaming profits and blockbuster movies.MarketWatch - Dec. 5 -
Pete Hegseth’s Troubles at Work Raise Questions About Leadership
President-elect Donald J. Trump’s choice for defense secretary led two nonprofits into debt, and episodes of drinking continued into his days as a Fox News personality.The New York 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 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
Dollar Tree CFO Departs; Raises Full-Year Sales View
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...The Wall Street Journal - Dec. 4 -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
Flyers Have Big Need To Address Through Trade
The Flyers should look to fix this need through the trade market.Yahoo Sports - Dec. 4 -
Current and former Fox News employees say Hegseth's drinking raised concerns
Pete Hegseth, Donald Trump’s reported pick for defense secretary, exhibited drinking behaviors that raised concerns among his colleagues at Fox News, according to statements from 10 current and ...NBC News - Dec. 3 -
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 -
Holt’s bonuses for nurses: everything you need to know
Premier Susan Holt is making good this month on one of her campaign promises: to give nurses bonuses for staying on the job in New Brunswick.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 -
Job openings bounced in October on need for IT workers
The number of job openings and people quitting their jobs ticked upward in October while layoffs edged down, signaling a modest improvement in hiring conditions amid a broader tightening in the ...The Hill - Dec. 3 -
Playgama raises $3M to build the go-to HTML5 game distribution platform
Playgama has raised $3 million to fund its HTML5 gaming distribution platform, where devs can get their games to as many players as possible.VentureBeat - Dec. 3 -
Scottish NHS reform 'urgently needed' - watchdog
Audit Scotland says decisions may needed about whether some services can be provided by the NHS.BBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Concerns raised over Trump's FBI nominee's agenda and qualifications
Critics say that Kash Patel does not have the experience of past FBI directors - and some fear he will politicize the agency.BBC News - 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 -
Why Trump's FBI director pick Kash Patel is raising alarms
President-elect Donald Trump's intention to make Kash Patel his FBI director is drawing harsh critiques from some politicians who don't think he is the right person for the job. CBS News' Nancy ...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
