Latest in Fed Says Weighing
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Man accused of fatally setting NYC subway rider on fire says he doesn't recall incident
The man accused of killing a New York City subway rider by setting her on fire has no memory of "what happened" and admitted to heavy drinking, authorities said Tuesday.NBC News - 1d -
Former Abercrombie & Fitch CEO has dementia, lawyers say
Mike Jeffries, the former CEO of Abercrombie & Fitch who was charged with sex trafficking, has dementia and late-onset Alzheimer’s disease, his legal team said in newly filed court documents.NBC News - 1d -
Ex-Abercrombie CEO has dementia and may not be fit for trial, lawyers say
The legal team behind Mike Jeffries, arrested earlier this year on sex trafficking charges, has requested a hearing to determine his fitness to stand trial.BBC News - 1d -
GOP lawmaker says House 'better off' without 'volatile' members
Republican Rep. Don Bacon (Neb.), who won a hotly contested general election race last month, said the House GOP will be “better off” without “volatile” lawmakers in the next Congress. Bacon did ...The Hill - 1d -
The coming global interest-rate collapse will force the Fed to cut four times in 2025
Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.MarketWatch - 1d -
Sticky inflation creates rift at Fed over how much to cut rates
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.MarketWatch - 1d -
Jordan Love says 'there's a lot more points out there for us' after dropping 34 in 'MNF' destruction of Saints
Green Bay could have been even better offensively, according to its quarterbackCBS Sports - 1d -
US banking lobby sues Fed over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinationsFinancial Times - 1d -
John Harbaugh says Ravens won't alter play-calling vs. Texans despite potential playoff matchup
Houston hosts Baltimore on Christmas DayCBS Sports - 1d -
IRS says 1 million taxpayers will get up to $1,400 rebate
The Internal Revenue Service (IRS) said around 1 million taxpayers will get up to $1,400 in a rebate in the coming weeks. The automatic payments, which are set to go out later this month, will be ...The Hill - 1d -
Major international crisis ‘much more likely’ in Trump’s second term, says his ex-national security adviser
John Bolton delivers scathing critique of Trump’s lack of knowledge or coherent strategy: ‘I’m very worried’. A major international crisis is “much more likely” in Donald Trump’s second term ...The Guardian - 1d -
This contrarian investor says the tech bubble is getting scary. Here’s his game plan.
The bear market may have already begun, says contrarian investor Steven Jon Kaplan. Here are the red flags he’s already seeing.MarketWatch - 1d -
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Sudan slides deeper into famine, experts say
Famine has spread to five areas in the war-hit country, a UN-backed group says.BBC News - 1d -
Middle East crisis live: one child killed every hour in Gaza, UN says
UN agency for Palestine refugees said 14,500 Palestinian children killed since the start of the war last October. Israeli forces have killed a Palestinian man in a dawn raid on a refugee camp near ...The Guardian - 1d -
Nay wa Mitego, the Tanzanian rapper who has been banned, jailed and threatened but says he won’t stop
Making hip-hop critical of the government has caused him trouble, but Nay insists his music is a force for change. Tanzanian rapper Nay wa Mitego detests the thought of the number of times he’s had ...The Guardian - 1d -
Dozens not thousands killed on Mayotte by Cyclone Chido, French PM says
French Prime Minister François Bayrou believes dozens of people died after the cyclone hit the territory, rather than thousands.BBC News - 1d -
Only 1 hospital in northern Gaza now able to provide services, say officials
Health officials say there is just one hospital left providing humanitarian aid services in northern Gaza amid the ongoing Israel-Hamas war.ABC News - 1d -
He Inherited a Seat in the House of Lords. The UK Government Says He Will Lose It in 2025.
The U.K. government has pledged to remove hereditary peers from Parliament in 2025. For Lord Cromwell and 87 others, it is a wistful departure.The New York Times - 1d -
Magdeburg attack has cast ‘dark shadow’ over Christmas, says German president in call for unity
Frank-Walter Steinmeier seeks to convey message of healing four days after the brutal attack in Magdeburg killed five people and injured more than 200. A deadly car-ramming attack on a Christmas ...The Guardian - 1d -
Gaetz 'has a real problem here,' former Ethics chairman says
Lawmakers and officials react to Gaetz ethics report releaseABC News - 2d -
Fed says it is weighing changes to bank tests for systemic risk
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatilityFinancial Times - 2d -
Trump ally Gaetz paid for sex and drugs while in office, ethics report says
An investigation details allegations of drug use and payments for sex - which the former US congressman denies.BBC News - 2d -
Indian fans fed up with paying top prices for stinking toilets and traffic jams at concerts
India is fast becoming a major live industry market but poor facilities at concerts have left fans unhappy.BBC News - 2d -
Immigrants prepare action plans after Trump says he will allow ICE to act in schools, churches and hospitals
Immigrant's rights advocates are helping vulnerable families prepare plans of action in case an undocumented relative is suddenly detained or deported.NBC News - 2d -
Matt Gaetz, former Trump AG pick, had sex with underage girl while in Congress, House Ethics report says
Matt Gaetz resigned from Congress after President-elect Donald Trump picked him to be attorney general, putting the fate of the House Ethics report in question.CNBC - 2d -
House Ethics report says Matt Gaetz paid women for sex and used illegal drugs
The final report of the House Ethics Committee said that there was evidence former Florida Rep. Matt Gaetz had paid women for sex, including a then-17-year-old girl at a party in 2017. NBC News’ ...NBC News - 2d -
Notre Dame defensive star Rylie Mills out for remaining postseason, says coach Marcus Freeman
Mills, a senior captain, led the Irish in sacks before getting hurt in the CFP matchup with Indiana.Yahoo Sports - 2d -
AI Search Makes Inroads as Expert Says Google Has ‘Plateaued’
As AI-powered search options grow and get used more often, the change may have stark effects on the search ad industry, and change how millions of businesses market themselves.Inc. - 2d -
DEI Advocates Say Current Attacks Create Opportunity to Fix Flawed Strategies
Though several large companies have renounced DEI programs under pressure from activists, experts say most businesses should respond by fixing imperfectly executed policies, not abandoning their ...Inc. - 2d -
The Fed’s Stuck in a Wrestling Match With Financial Markets
Investors and the central bank can’t get on same page about where interest rates are headed.Inc. - 2d -
House Ethics report says Matt Gaetz may have violated state laws on prostitution, statutory rape
The House Ethics Committee released the report summarizing the investigation into former Rep. Matt Gaetz, who vacated his seat in November.NBC News - 2d -
What CD terms should you open before 2025? Experts weigh in
When choosing a CD term, you may want to weigh high yields against access to your funds.CBS News - 2d -
Trump says he hasn't "ceded the presidency" to Elon Musk
President-elect Donald Trump over the weekend dismissed concerns about Elon Musk's influence after the billionaire helped tank a congressional spending bill last week. Democratic strategist Joel ...CBS News - 2d -
Children among 58 killed in latest Israeli strikes on Gaza, say medics
Victims reported to include six people escorting aid convoy, and eight in tent encampment in humanitarian zone. . Health authorities in Gaza said on Monday that 58 people had been killed in the ...The Guardian - 2d -
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Ukraine's Zelenskyy says 3,000 North Koreans killed or wounded in Russia fighting
Ukrainian President Volodymyr Zelenskyy said more than 3,000 North Korean soldiers have been killed or wounded fighting for Moscow in Russia's western Kursk region.ABC News - 2d -
Mauritius says talks with UK over Chagos Islands are stuck over money
The deputy PM said the UK was "quibbling" over the sum to be handed over to Mauritius.BBC News - 2d -
Wallace & Gromit without Peter Sallis is 'emotional' says Nick Park
The popular pair's new animation is the first feature that doesn't Sallis's voice, in a story that the return of an old foe.BBC News - 2d -
DHS secretary says a "terrific solution" to immigration was killed by "irresponsible politics"
Homeland Security Secretary Alejandro Mayorkas tells "Face the Nation with Margaret Brennan" that the White House turned to Congress for a solution to the immigration surge, but "looking back now ...CBS News - 3d
