Latest in Fed Officials Comments
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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 - Jan. 8 -
Biden’s new Social Security law is official — but implementing it under Trump will be a challenge
The Social Security Administration will now begin issuing large back payments to millions of individuals; however, it is unlikely the agency has the bandwidth to implement the new benefit structure ...The Hill - Jan. 8 -
LA official on California wildfires: This is a public safety emergency
Los Angeles councilmember, Traci Park, who represents one of the areas under siege from the intense wildfires, joins TODAY to share an update and break down what people should know about the ...NBC News - Jan. 8 -
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 -
Dolphins GM says Tyreek Hill hasn't asked for trade despite comments; top landing spots for star WR if dealt
Hill previously indicated he desired to stay in MiamiCBS Sports - Jan. 7 -
Exxon Sues California Official, Claiming He Defamed the Company
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.The New York Times - Jan. 7 -
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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 -
UK officials recommend probe into Houchen’s Teesworks project
Regeneration scheme should be investigated over value-for-money concerns, deputy prime minister Angela Rayner toldFinancial Times - 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 -
Horizon Zero Dawn And Helldivers Movies Are Officially In Development
At CES 2025, Sony officially announced that feature film adaptations of Horizon Zero Dawn and Helldivers are currently in development. For the Horizon film, Sony's Columbia Pictures company will ...GameSpot - Jan. 7 -
Trump comments deepen GOP disagreement over how to pass his agenda
President-elect Trump’s public back-and-forth over whether Republicans should pass his agenda in one or two massive packages is deepening the disagreements among lawmakers over how to tackle the ...The Hill - 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 -
New Orleans officials knew risk years before Bourbon Street attack
A confidential report warned that bollards needed to be fixed. New Orleans didn't start to replace them for five years.CBS News - 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 -
Starmer hits back at Musk over comments on historic sex abuse cases
UK prime minister says ‘line has been crossed’ as Emmanuel Macron also expresses alarm about billionaire’s interventionsFinancial Times - 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 -
WWE 2K23 Servers Officially Go Down Forever As Of Today
Today is a big day for the WWE, as Raw officially moves to Netflix with tonight's show from Los Angeles. It also marks an end of an era for WWE 2K23 . As of now, 2K Games has taken down the ...GameSpot - Jan. 6 -
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Keir Starmer attacks those ‘spreading lies’ over child sex grooming gangs after comments from Elon Musk – UK politics live
Prime minister’s speech announcing NHS reforms derailed by questions over inflammatory claims from Elon Musk. Starmer is now summarising some of the measures in the elective reform plan.. Here is ...The Guardian - 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 -
Truck-ramming suspect used wrong device in failed detonation of IEDs: Officials
The suspect in the deadly New Year's Day truck ramming attack in New Orleans made two previous trips to the city in October and November 2024, the FBI said.ABC News - Jan. 5 -
‘Don’t feed the troll’: German chancellor responds to Elon Musk comments
World’s richest man has been voicing support for Germany’s far-right AfD party while insulting its current leaders . When the German chancellor, Olaf Scholz, was asked in an interview about the ...The Guardian - Jan. 5 -
Trump announces additional senior White House officials
President-elect Trump has announced additional senior White House officials, further filling out his team ahead of his inauguration on Jan. 20. Trump picked Stanley Woodward to join the White ...The Hill - Jan. 5 -
'Literally don't care': Redick responds to Barkley's job security comments
The Lakers coach kept his words on Charles Barkley brief after the analyst criticized Redick's team.ESPN - Jan. 4 -
Luke Littler ref makes history as gay darts official
Huw Ware says it was the biggest day of his life as he called in the new champion.BBC News - Jan. 4 -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - Jan. 4 -
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 -
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Brazil ex-official returns toilet she had removed from office
Janaína Lima said she had paid for a bathroom renovation with her own money.BBC 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 -
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 -
Shares of alcohol makers fall after US official calls for cancer warnings
Surgeon-general calls for more prominent warning labels on drinks to raise awareness of the linkFinancial Times - Jan. 3