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Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
Top Trump economic adviser says big Fed rate cut was justified
Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins electionBusiness - Financial Times - October 18 -
The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut
Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.Business - Inc. - October 18 -
The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
As ransomware cyberattacks escalate, government officials say companies are making bad decisions on the 'pay or not pay' dilemma, especially cyber insurers.Business - CNBC - October 18 -
Fed’s Logan says ‘strong and stable’ U.S. economy still faces ‘meaningful uncertainties’
The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful for a rebound in inflation as it gradually lowers U.S. interest rates.Business - MarketWatch - October 21 -
Feds sweep NYC jail where Sean "Diddy" Combs is being held
The NYC jail where Sean "Diddy" Combs is being held was targeted with an interagency operation, federal prison officials said.Top stories - CBS News - October 28 -
Why you should open a $10,000 CD before the November Fed meeting
For many savers, it makes sense to deposit $10,000 into a CD before the next Federal Reserve meeting. Here's why.Top stories - CBS News - 5 days ago -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - 4 days ago -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - 4 days ago -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.Top stories - NBC News - 3 days ago -
New U.S. economy data before next Fed interest rate decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.Top stories - CBS News - 3 days ago -
Jobs Data Come as the Fed Stares Down a Complex Moment
Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower rates.Business - The New York Times - 3 days ago -
The Fed hasn’t tamed inflation — and the stock market has yet to figure that out
Stocks can handle moderate inflation as long as economic growth persistsBusiness - MarketWatch - Yesterday -
Fed poised to look past US election uncertainty with quarter-point rate cut
Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policyBusiness - Financial Times - Yesterday -
My friend has embraced conspiracy theories and I’m fed up with it | Ask Philippa
Think of him like a car in a skid, you want to take the steering wheel and switch direction, but the car has too much momentum and it will carry on the same path. The question I’ve had a good ...World - The Guardian - Yesterday -
Top Wall Street execs are getting skeptical on the Fed's easing path
Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.Business - CNBC - 36 minutes ago -
Lions' huge win over Cowboys ends with final score that's never been seen before in NFL history
Ladies and gentlemen, we have a scorigami!Sports - CBS Sports - October 14 -
Elon Musk finally revealed Tesla’s Cybercab. Has he seen what Waymo is up to?
Critics of Tesla and Musk will not be silenced until the company’s autonomous vehicles are on the streets.Business - MarketWatch - October 14 -
Fannie Mae CEO says she has never seen a housing market like this before
Fannie Mae CEO Priscilla Almodovar talks to MarketWatch about how the lock-in effect, high mortgage rates and climate risk are affecting home buyers.Business - MarketWatch - October 16 -
The stock market has flashed a sell signal not seen since February 2021, Bank of America says
Bank of America said "froth" is on the rise as investors aggressively invest in a stock market that's cruising at record highs.Sports - Yahoo Sports - October 16 -
‘I’ve seen the dark, fat grease stuck to the leaves’: oil and gas encroach on Peru’s uncontacted peoples
The government is auctioning off plots of pristine Indigenous reserves for fossil fuel projects, with campaigners warning of a ‘silent genocide’. Above the canopy of the tallest trees that vie for ...World - The Guardian - October 17 -
Trump Says He Has Seen No Evidence of Cheating in the Election, but Nonetheless Sows Doubts
The former president, asked at a news conference in storm-damaged North Carolina if he had seen anything to suggest the election would be unfair, said, “I have not seen that.”Top stories - The New York Times - October 21 -
Traders’ enthusiasm for stocks returns to level seen just before 10% drop last year
Strategists at Citi are concerned about the possibility of a repeat, though they aren’t recommending investors trim their positions.Business - MarketWatch - October 23 -
Israeli weapon seen in rare AP photos of Beirut airstrike appears to be a powerful smart bomb
In all but the blink of an eye, an Associated Press photographer’s camera captured the moments that a battleship-gray Israeli bomb plummeted toward a Beirut building before detonating to bring the ...World - ABC News - October 23 -
Election-betting odds are swaying some stock-market investors as Trump’s chances improve
Stock-market investors appear to be taking cues from shifts in betting markets that show a rising probability not only of Donald Trump winning the presidency on Nov. 5, but of Republicans also ...Business - MarketWatch - October 24 -
Springsteen: I rarely see my bandmates - we've seen each other enough
The rock star on touring, his wife's cancer diagnosis and why he'll play "until the wheels come off".Top stories - BBC News - October 25 -
Polls open in Uruguay in a general election free of the deep political divisions seen elsewhere in South America
Polls open in Uruguay in a general election free of the deep political divisions seen elsewhere in South AmericaWorld - ABC News - October 27 -
Polls open in stable Uruguay in a vote free of political hostility seen elsewhere in the region
Polls have opened in the small South American nation of Uruguay in a remarkably civilized general election that pits an incumbent conservative coalition against a moderate left-wing allianceWorld - ABC News - October 27 -
Bears' Tyrique Stevenson apologizes for taunting fans before Chicago defense gave up Jayden Daniels' Hail Mary
Oh how the tables turn ...Sports - CBS Sports - 6 days ago -
U.S. oil posts worst day in two years after Israel spares Iran crude facilities
Oil prices lost ground on Monday after Iranian energy facilities were spared during an Israeli attack over the weekend.Business - CNBC - 6 days ago -
McDonald’s earnings: Weaker demand, E. coli outbreak in focus — but sales seen at highest in years
As McDonald’s readies its third-quarter earnings report Tuesday, Wall Street is focused on demand from lower-income diners, as well as a recent E. coli outbreak.Business - MarketWatch - 6 days ago -
Trade deficit in goods surges to 2 1/2 year high and to whittle down U.S. GDP
The U.S. trade deficit in goods jumped 15% in September to 2 1/2-year high, a much larger increase than expected that could shave some growth off gross domestic product in the third quarter.Business - MarketWatch - 6 days ago -
Tuberculosis infected 8 million people last year, the most WHO has ever tracked
The World Health Organization says more than 8 million people were diagnosed with tuberculosis last yearHealth - ABC News - 5 days ago -
'I've never seen anything like this': New York suburb overwhelmed by tight House race
New York's 17th Congressional District wasn't always competitive. Now it is, and voters are overwhelmed.Top stories - ABC News - 4 days ago -
Apple Just Quietly Updated the 2-Year-Old M2 MacBook Air. It’s the Most Brilliant Thing I’ve Seen Yet
Apple Intelligence is important enough that the company is even updating older models.Business - Inc. - 4 days ago