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Fed charts more cautious path for rates as high prices persist
US central bank poised for another cut as it weighs risks posed by stubborn inflationFinancial Times - 1h -
Fed to cut rates this week, bringing an end to first phase of easing
The Federal Reserve is set to cut its benchmark interest rate by a quarter-percentage point this week, staying on the path it has laid out to slowly bring rates down even as the economic landscape ...MarketWatch - 10h -
Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025
Persistent inflation probably won’t stop a December rate cut, but it could affect the course of monetary policy for the next two years.Inc. - 2d -
Feds propose protection for giant salamanders devastated by Hurricane Helene
A giant salamander that evolved on the supercontinent Pangaea and outlived the dinosaurs has been proposed for federal protection by the U.S. Fish and Wildlife ServiceABC News - 2d -
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 2d -
Drone sightings prompt urgent call for feds to help solve mystery
Top New York political leaders are urging the federal government to deploy high-tech drone hunters to crack the mystery of who is behind numerous sightings.ABC News - 9h -
Economists trim Fed rate cut estimates on fear of Trump inflation surge
Deregulation, tax cuts and tariffs stoke probability of stubbornly high price growth, FT-Chicago Booth poll findsFinancial Times - 9h -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 18h -
How could HELOC rates change after the December Fed meeting?
The final Federal Reserve meeting of 2024 is set for next week. Here's what it could mean for HELOC interest rates.CBS News - 3d -
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Community rallies to help storm-hit football club
The club's chairman is asking for volunteers to help the club clear up the storm damage.Yahoo Sports - 4d -
Taking on the GCHQ Christmas challenge? These experts can help
This year's challenge once again requires a mix of puzzle-solving techniques.BBC News - 4d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 4d -
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - 4d -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 4d -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 4d -
Feds collected records of congressional staff, reporters in Trump-era leak probes
The Justice Department failed to follow internal policy and ignored protections when seeking records from members of Congress, dozens of congressional staffers and members of the media, a watchdog ...CBS News - 5d -
Ukraine’s patchy fortifications help Russia advance
Invading troops capture more territory in Donetsk and move closer to region’s western borderFinancial Times - 6d -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - 6d -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - 6d -
As Assad’s Regime in Syria Needs Help, Iran Exits
The collapse of a partnership built over four decades would reshape the balance of power in the Middle East.The New York Times - Dec. 8 -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - Dec. 8 -
Donald Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump says he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026, during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.NBC News - Dec. 8 -
Stillborn baby's teddy helps parents discuss grief
Writing books about lost children give parents chance to remember them and keep saying their names.BBC News - Dec. 8 -
Musiala's brace helps Bayern beat Heidenheim
Two second-half goals from substitute Jamal Musiala gave Bundesliga leaders Bayern Munich a nervous 4-2 victory over visitors Heidenheim on Saturday.ESPN - Dec. 8 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Athens Revives Hadrian’s Aqueduct to Help With Water Crunch
Hadrian’s Aqueduct supplied water to Greece’s capital for centuries but was then largely abandoned. It’s being revived to ease water scarcity amid global warming.The New York Times - Dec. 7 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - Dec. 5 -
Silver Jewelry Helps Chile’s Indigenous Guard Their Heritage
Skilled artisans among the Mapuche are creating pieces that reflect their worldview.The New York Times - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Scammer helped speeding drivers dodge penalty points
Khuram Yaqoob raked in thousands of pounds as he gave the authorities fictitious names.BBC News - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2