Latest in Feds Crack Russian
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Should you open a long-term CD before the January Fed meeting?
A long-term CD offers unique benefits to savers now. But should they rush to open one before the next Fed meeting?CBS News - 1d -
Russian forces advance towards Dnipro region
Troops bypass urban warfare in Donetsk and push towards highway leading to DnipropetrovskFinancial Times - 2d -
Fed-Up Voters in Louisiana Wanted a Change. They Drafted an ‘Old Ball Coach.’
Sid Edwards was a high school football coach who had never run for office. Now, he’s the mayor of Baton Rouge, Louisiana’s second-largest city.The New York Times - 2d -
UK government to crack down on MPs earning extra cash from media firms
Jacob Rees-Mogg and Nigel Farage are among those who have earned large sums from broadcasters, but a tightening of rules on MPs’ outside interests is being considered. MPs would no longer be able ...The Guardian - 3d -
‘Most of my work is a response to war’: Colombian artist Doris Salcedo on violence, Trump and her crack in Tate Modern’s floor
The artist, famed in the UK for her extraordinary fissure in the turbine hall, has turned her focus to the climate catastrophe and the plight of migrants, but old concerns about her country remain. ...The Guardian - 3d -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - 3d -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - 4d -
TikTok's Founder Has a Formula for Everything. Can It Crack the Supreme Court?
As the Supreme Court weighs a ban on the video-sharing site, no one has more to lose than Zhang Yiming.The Wall Street Journal - 4d -
Russian court approves scandal-hit Wildberries merger
Two people were killed in September shootings at headquarters of retailer co-founded by country’s richest womanFinancial Times - 4d -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 4d -
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 - 5d -
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 - 5d -
Senate advances Laken Riley Act to crack down on illegal immigration in bipartisan vote
The Senate will vote to begin debate on the Laken Riley Act, a GOP-led bill aimed at cracking down on illegal immigration that has attracted support from Democrats.NBC News - 5d -
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 - 5d -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - 5d -
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 - 6d -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 6d -
Russian Strike Kills 13 in Southeastern Ukraine
The attack, which also wounded dozens of people, came hours after Ukraine’s military attacked an oil depot deep inside Russia.The New York Times - 6d -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 6d -
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 - 6d -
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. - 6d -
Chuck Todd: Which party cracks up first in 2025?
If there is one certainty in politics these days, it’s that the status quo rarely holds. And when one party has the White House, the House and the Senate, history tells us that new status quo has a ...NBC News - 6d -
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 -
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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Ukraine launches counterattack in Russian border region
Ukrainian President Volodymyr Zelenskyy said he will again call on allies to boost his country's air defenses at a Ramstein group meeting in Germany this week.CBS News - Jan. 5 -
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 -
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 -
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 -
The Papers: 'America under attack' and crack down on people traffickers
Coverage of an attack in New Orleans which has killed at least 15 people dominates Thursday's front pages.BBC News - Jan. 2 -
Russian gas flows to Europe via Ukraine cease as transit agreement expires
Ukraine president hails ‘one of Moscow’s biggest defeats’ as deal’s end brings power cuts in breakaway Moldovan region. Russian gas has stopped flowing to Europe via Ukraine, ending a major energy ...The Guardian - Jan. 1 -
Ukraine halts supply of Russian gas to Europe
Ukraine ends agreement to allow gas to flow through its pipelines, with European supplies set to be tested as cold weather forecast later this week. Ukraine has halted Russian gas supplies to ...The Guardian - Jan. 1 -
2025 Dynasty Fantasy Football Wide Receiver Rankings: Four rookies crack the top 12
Updated wide receiver rankings for Dynasty leaguesCBS Sports - Jan. 1 -
Ukraine stops transport of Russian gas to Europe
Ukraine has halted the transportation of Russian gas supplies through the country after a prewar transit deal expired at the end of last year, the nation's energy minister confirmed. Ukraine ...The Hill - Jan. 1 -
Ukraine halts pipeline carrying Russian natural gas to Europe, as deal expires
"We stopped the transit of Russian gas, this is a historic event," Herman Galushchenko, Ukraine's energy minister, said in a statement.ABC News - Jan. 1 -
Era of cheap Russian gas to EU ends as transit across Ukraine stops
The EU says most states will not be affected but other European countries, including Moldova, are facing shortages.BBC News - Jan. 1 -
Russian gas stops flowing through Ukraine
Transit deal expires with no follow-up agreement on flows to central EuropeFinancial Times - Jan. 1 -
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Russian and Iranian groups face sanctions over election disinformation
The U.S. has imposed sanctions on two groups linked to Russian and Iranian disinformation campaigns targeting this year's election.CBS News - Dec. 31