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F.A.A. Temporarily Halts Launches of Musk’s Starship After Explosion
The agency launched an investigation into the “space vehicle mishap” on Thursday night that forced commercial flights to divert and caused debris to rain toward Caribbean islands.The New York Times - Jan. 18 -
Ahead of Trump Presidency, the Fed Quits Global Climate Network
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”The New York Times - Jan. 17 -
Slaughterhouses Settle 3 Child Labor Cases With Feds
Agribusiness giants Purdue Farms and JBS Foods, along with a slaughterhouse cleaning company, paid about $8.4 millions in fines for having underaged workers in dangerous jobs.Inc. - Jan. 17 -
Cash App owner failed to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.CBS News - Jan. 17 -
Wall Street Has No Clue What the Fed Will Do in 2025
Big banks and economists can’t agree on the monetary policy outlook.Inc. - Jan. 17 -
Fed up villagers turn potholes into attraction
Residents have set up Pothole Land after what they say is years of inaction on their rural road.BBC News - Jan. 17 -
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.CNBC - Jan. 16 -
NFL, feds tighten Super Bowl security after attack
The NFL and federal law enforcement are increasing security for Super Bowl LIX in New Orleans in response to the New Year's Day terrorist attack on Bourbon Street that killed 14 people, officials ...ESPN - Jan. 16 -
The Fed Could Give the Stock Market Exactly What It Wants
A key inflation metric cooled for the first time in six months.Inc. - Jan. 16 -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - Jan. 15 -
CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.CBS News - Jan. 15 -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - Jan. 15 -
James thwarts Bournemouth but act of redemption cannot halt Chelsea slide
From title challengers to top-four contenders to reviving the undercurrent of dissatisfaction with the club’s direction, quite the recent slide for Chelsea. Thomas Tuchel, on an England scouting ...The Guardian - Jan. 14 -
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 - Jan. 13 -
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 - Jan. 12 -
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 - Jan. 11 -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - Jan. 10 -
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 - Jan. 10 -
Supreme Court rejects Trump's bid to halt criminal sentencing
President-elect Trump is set to face sentencing in his hush money case in New York City after the Supreme Court denied his last-minute appeal to block the proceedings. NBC’s Garrett Haake reports ...NBC News - Jan. 10 -
U.S. Court Halts Guilty Plea Hearing for Accused 9/11 Mastermind
A three-judge appeals panel will decide whether the plea deal Khalid Shaikh Mohammed reached to avoid a death-penalty trial remains valid.The New York Times - Jan. 10 -
US Supreme Court declines to halt Trump’s ‘hush money’ sentencing
President-elect was ordered to appear in Manhattan court on Friday morning to bring historic criminal case to a conclusionFinancial Times - Jan. 10 -
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 -
For Hollywood workers, L.A. fires are the latest setback as productions halt
Already grappling with a production slowdown, Hollywood workers now face another hurdle with the fallout from the Southern California fires.Los Angeles Times - 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 -
Judge halts attempt to retrieve £600m bitcoin wallet from Welsh dump
James Howells, 39, took council to court to try to force it to let him search site for hard drive thrown away by accident. A computer expert’s decade-long battle to recover a £600m bitcoin fortune ...The Guardian - Jan. 9 -
Trump speaks with Justice Alito amid push to halt criminal sentencing
Supreme Court Justice Samuel Alito spoke to President-elect Trump Tuesday to recommend a former law clerk for a job in the new administration, ABC News has learned.ABC News - Jan. 9 -
Trump calls with Justice Alito in push to halt his criminal sentencing
President-elect Trump returned to Washington to meet with Republican senators on Capitol Hill to plan his administration’s agenda. It comes as he asked the Supreme Court to block his sentencing in ...NBC News - Jan. 9 -
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 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Trump Asks Supreme Court to Halt Sentencing in N.Y. Hush-Money Case
Prosecutors have been ordered to respond to the president-elect’s request by Thursday morning, suggesting the court could rule before Friday’s scheduled sentencing.The New York Times - 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 -
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 asks US Supreme Court to halt criminal sentencing
The eleventh-hour filing comes after two lower courts rejected his efforts to block Friday's sentencing.BBC News - Jan. 8