Latest in Fed Official Says
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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 - 6d -
Israeli strikes kills 19 in southern Gaza, health officials say
Eight children were reportedly among those killed in the al-Mawasi area and Khan Younis city overnight.BBC News - Jan. 8 -
LAFD firefighter and multiple civilians injured, official says
A Los Angeles Fire Department firefighter was injured and taken to the hospital for a serious head injury, according to LAFD official Margaret Stewart. There have also been multiple civilian burn ...NBC News - Jan. 8 -
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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 -
Indian officials confirm first cases of HMPV, say "no reason to worry"
Officials in India have confirmed the country's first 7 cases of human metapneumovirus, which is reportedly surging in neighboring China.CBS News - Jan. 7 -
Jean-Marie Le Pen, founder of France's far right National Front, dies at 96, a senior party official says
Jean-Marie Le Pen, founder of France's far right National Front, dies at 96, a senior party official saysABC News - Jan. 7 -
Western investors ‘stupid’ to shun arms industry, says Nato official
Rob Bauer calls on banks, pension funds and rating agencies to change outdated policies in face of rising threatsFinancial Times - Jan. 7 -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 -
New Orleans attacker visited city in months leading up to deadly rampage, officials say
Investigators say Shamsud-Din Jabbar traveled to New Orleans at least twice before the deadly attack on Bourbon Street on New Year's Day. Investigators also shared video, recorded by a camera in ...CBS News - Jan. 6 -
Residents and officials say rebels have seized 2 key towns in eastern Congo
Civil society and a local politician say rebels with the M23 group have seized two key towns in eastern Congo as they advance in the volatile regionABC 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 -
Israeli officials say 3 killed in attack on vehicles in occupied West Bank
Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.CBS News - Jan. 6 -
Congo executes 102 'urban bandits' with 70 more set to be killed, officials say
102 men were executed by the Congolese government in the past week, and 70 are set to be executed today, according to the Congolese Minister of JusticeABC News - Jan. 5 -
Social order in Gaza will collapse if Israel ends cooperation with UN aid agency, official says
Unrwa senior officer describes 60,000 people sheltering in school buildings sharing 12 bathrooms, but says without aid things will get worse. Social order in Gaza is likely to collapse further if ...The Guardian - Jan. 5 -
New Orleans attacker used very rare explosive in bombs, officials say
Shamsud-Din Jabbar used a rare explosive in New Orleans that has never before been used in a U.S. or European terrorist attack. A key question is how he learned of the explosive and managed to ...NBC News - Jan. 4 -
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 -
Bomb-making materials found at home of New Orleans attacker, officials say
Federal investigators previously said they found two IEDs near the site of the New Orleans truck attack. They also detonated some materials found at a New Orleans Airbnb.CBS News - Jan. 3 -
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 -
Officials say man in Cybertruck explosion was Army veteran suffering from PTSD
Las Vegas police and FBI officials shared more information about the man in the Tesla Cybertruck that exploded outside a Trump hotel in Las Vegas on New Year's Day. Authorities say he was a ...NBC News - 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 -
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 -
Driver in Las Vegas Cybertruck explosion identified as U.S. Army soldier, officials say
Authorities say the body found inside the Cybertruck that exploded in Las Vegas was burned beyond recognition the coroner made a positive identification, and the military ID and passport recovered ...CBS News - Jan. 2 -
How the New Orleans attack was "part of the ISIS playbook," former CIA official says
New Orleans' Bourbon Street has reopened less than two days after a terrorist attack killed at least 14 people in the early hours of the new year. CBS News' Kati Weis reports and CBS News ...CBS News - Jan. 2 -
Cybertruck driver shot himself before the Las Vegas blast, officials say
Law enforcement in Las Vegas provided an update on the investigation into a Tesla Cybertruck that exploded outside the Trump International Hotel there early Wednesday.CBS News - Jan. 2 -
New Orleans Attacker Most Likely Acted Alone, Officials Say
They also said they did not see a “definitive link” between the attack and an explosion at a Trump hotel in Las Vegas, but cautioned that it’s too early to be sure.The New York Times - Jan. 2 -
Driver in Las Vegas Cybertruck blast was decorated US army soldier, officials say
Suspect, 37, who authorities believe shot and killed himself before Tesla vehicle detonated, served as Green Beret. The person who died when a Tesla Cybertruck packed with explosives burst into ...The Guardian - Jan. 2 -
Montenegro Shooting Kills 12, Including 2 Children, Officials Say
The authorities in the small Balkan country reported after a search that the gunman, whose rampage followed a bar fight, had been found dead.The New York Times - Jan. 2 -
Traffic bollard system was being upgraded at time of New Orleans truck attack, local official says
A local official has told CBS News' Anna Schecter that New Orleans was in the midst of upgrading its traffic bollard system and temporary barricades were in place when a man slammed a truck into a ...CBS News - Jan. 1 -
Cops shot, possible explosive devices found after truck hits crowd in New Orleans, officials say
At least 10 people are dead and dozens more are injured after a truck plowed into a crowd on New Orleans' Bourbon Street early on New Year's Day. CBS News' Michael George and Kati Weis have more.CBS News - Jan. 1 -
Federal official says suspect who drove into New Orleans crowd is believed to be dead
A federal official says the suspect who drove into a crowd on New Orleans' Bourbon Street is believed to be dead. NBC News' Tom Winter has details on the incident and the ongoing investigation.NBC News - Jan. 1 -
Vehicle plowing into pedestrians in New Orleans was a deliberate act, officials say
Officials in New Orleans said at least 10 people were killed when a vehicle was deliberately driven into pedestrians celebrating New Year's Eve in Bourbon Street.NBC News - Jan. 1
