Latest in Fed Villagers Turn
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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 -
Has the bond market turned against Rachel Reeves?
Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as MarchFinancial Times - Jan. 8 -
Eaton Fire turns deadly as wildfires spread in California
Officials say at least two people died in the Eaton Fire and they expect the number of deaths to grow as firefighters battle at least five blazes in California. Structures continue to burn as those ...CBS News - 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 -
Destruction in Malibu Village as Los Angeles wildfires continue to burn
KCAL News' Rick Montanez reports from Malibu Village as wildfires rage around the Los Angeles area in Southern California.CBS News - 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 -
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The laws turning Arab-Israelis into ‘second-class citizens’
Rules on deportations and taking part in elections seen as deepening systemic inequality of Palestinians in the countryFinancial Times - Jan. 8 -
Meta Turns to Community Notes, Mirroring X
Social media companies are abandoning years of fact-checking practices as Republicans criticize it as censorship.The New York Times - Jan. 7 -
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 -
Italian village forbids residents from becoming ill
The mayor of Belcastro said the "humorous provocation" was an attempt to expose the state of the region's healthcare system.BBC News - Jan. 7 -
A war story taken from family lore, 'Vermiglio' involves an entire village
The director's dream about her father as a child inspired her to collect memories and shape them into a film.Los Angeles 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 -
How Canada’s Voters Turned on Justin Trudeau
Canada’s prime minister gained global renown 10 years ago for his unabashedly progressive politics. But at home, voters turned sour on him long ago.The New York Times - 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 -
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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 -
'Musk turns on Farage' and 'big freeze hits Britain'
Elon Musk's calls for Nigel Farage to be replaced as Reform UK leader, and weather disruption leads the papers.BBC News - Jan. 5 -
Healthcare turns to AI for medical note-taking ‘scribes’
Investment in the apps has doubled as Big Tech and start-ups compete to grab share of marketFinancial Times - Jan. 5 -
Tom Johnson, Minimalist Composer and Village Voice Critic, Dies at 85
He charted the rise of musical minimalism on New York’s downtown scene in the 1970s. He later gained notice for abstract works of his own.The New York Times - Jan. 4 -
Why Japan is the perfect place to turn 50
A significant birthday feels less so in a country that has become a global pioneer of ageing — for better and for worseFinancial Times - 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 -
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 -
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A Flight Seatmate Turned Soul Mate
When Venkata Datta Sai met PV Sindhu, a champion badminton player, on a plane, there was a spark, but her popularity concerned him. “She’s like the LeBron James of this side of the world,” he said.The New York Times - 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 -
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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 -
Indian village that changed its name to honor Jimmy Carter pays tribute
A village in India named after the late former President Jimmy Carter fondly remembers his visit almost 50 years ago.NBC 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 -
Blackhawks' Next Step Taken in Turning the Corner to the Future
The future is starting to arrive for the Blackhawks amidst losing season.Yahoo Sports - Jan. 2 -
A Half-Ton Piece of Space Junk Falls Onto a Village in Kenya
No one was hurt by the object, believed to be part of a launch rocket. Experts say the frequency of such incidents is increasing as the amount of debris in orbit around the Earth grows dramatically.The New York Times - Jan. 2 -
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Space debris weighing over 1,000 pounds crashes into Kenya village
Officials said they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country's south.CBS News - Jan. 1