Latest in Fed Officials Raising
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Sainsbury's raises pay but is cautious on hiring
The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.BBC News - Jan. 10 -
UK security officials monitor Elon Musk's posts
A Home Office team is tracking the reach and impact of posts by the tech mogul and others for security risks.BBC News - Jan. 10 -
Trudeau says he joked about a trade for Vermont or California when Trump raised annexing Canada
Canadian Prime Minister Justin Trudeau said he jokingly suggested a trade for Vermont or California in response to President-elect Donald Trump's signaling an interest in annexing Canada.NBC News - Jan. 9 -
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 -
Top Fed official says central bank is ‘pretty close’ to meeting twin targets
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policyFinancial Times - Jan. 9 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - Jan. 9 -
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.MarketWatch - Jan. 9 -
Trump's IRS pick raises concerns about qualifications, Sen. Warren says
The background of Billy Long, an ex-congressman and auctioneer, raises questions about his qualifications, Sen. Warren says.CBS News - Jan. 9 -
Trump's inaugural committee has already raised a record $170M in donations
President-elect Donald Trump has raised more than $170 million for his upcoming inauguration, a record amount as tech executives and big donors have eagerly written large checksABC News - Jan. 9 -
L.A. fire official on new Hollywood Hills blaze
Los Angeles Fire Department spokesperson Margaret Stewart called the fire burning in the Hollywood Hills "very dangerous and explosive." She describes the mandatory evacuation zones and ongoing ...CBS News - Jan. 8 -
Officials provide update on Southern California wildfires
California officials on Wednesday held a news conference to provide updates on the brush fires raging in the Los Angeles area. The Pacific Palisades fire, the Eaton fire and several other blazes ...CBS News - Jan. 8 -
Los Angeles fire official on the challenges crews are facing
Los Angeles Fire Capt. Erik Scott spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell Wednesday about how firefighters are faring in their battle against multiple wind-driven ...CBS News - Jan. 8 -
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 -
Infinite Reality raises $3B to increase its immersive tech portfolio
Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.VentureBeat - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - Jan. 8 -
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 -
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 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Los Angeles fire official on multiple wildfires burning
Capt. Sheila Kelliher of the Los Angeles County Fire Department joins "CBS Mornings" to talk about the latest in battling multiple wildfires in the area.CBS News - Jan. 8 -
Dwarf Fortress' Adventure Mode Officially Launches This Month
For the better part of two decades, Dwarf Fortress has been the passion project of brothers Tarn and Zach Adams. Although the acclaimed fantasy simulation game has technically remained in ...GameSpot - 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 -
Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York 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 -
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 -
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 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7