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237 items

  • 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
  • Household finance outlook is highest since early 2020, New York Fed survey shows

    Household finance outlook is highest since early 2020, New York Fed survey shows

    Optimism about household finances hit a multiyear high following Donald Trump’s presidential election victory in November, according to a New York Federal Reserve survey released Monday.
    NBC News - 6d

  • Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows

    Heads of households expecting their financial situation to be better a year from now jumped to 37.6%.
    CNBC - 6d

  • The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why

    Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.
    CNBC - 6d
  • Trump Says He Won’t Try to Fire Jay Powell as Fed Chair

    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

    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 will not remove Jay Powell from Fed before term ends

    Trump says he will not remove Jay Powell from Fed before term ends

    President-elect also does not rule out higher inflation as a result of his tariffs
    Financial Times - Dec. 8
  • Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair

    Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair

    Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.
    The New York Times - Dec. 8
  • Trump says he won't seek to remove Fed chairman Powell

    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

    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

    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

    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

  • The Fed is on course to cut interest rates in December, but what happens next is anyone's guess

    Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.
    CNBC - Dec. 7

  • 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

    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

  • Why you should open a long-term CD before the December Fed meeting

    The final Federal Reserve meeting of 2024 is set for December 17. Here's why you should open a long-term CD before then.
    CBS News - Dec. 6
  • Jobs report shows hiring surge as Fed weighs interest rate cut

    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

    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
  • What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000

    What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000

    Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.
    NBC News - Dec. 5

  • What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000

    Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.
    CNBC - Dec. 5

  • Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut

    A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.
    MarketWatch - Dec. 5
  • Silver Jewelry Helps Chile’s Indigenous Guard Their Heritage

    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

  • Powell says he's not worried about the Fed losing its independence under Trump

    Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.
    CNBC - Dec. 4

  • 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 Hill
    Financial Times - Dec. 4
  • Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected

    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

  • Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.

    The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.
    MarketWatch - Dec. 4

  • Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference

    The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.
    CNBC - Dec. 4
  • Scammer helped speeding drivers dodge penalty points

    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

    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

    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

  • Job openings jumped and hiring slumped in October, key labor report for the Fed shows

    Job openings totaled 7.74 million on the month, up 372,000 from September.
    CNBC - Dec. 3
  • Job openings jumped and hiring slumped in October, key labor report for the Fed shows

    Job openings jumped and hiring slumped in October, key labor report for the Fed shows

    Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.
    NBC News - Dec. 3

  • Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

    Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."
    CNBC - Dec. 2

  • Fed’s Waller says he supports interest-rate cut at next meeting — for now

    Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.
    MarketWatch - Dec. 2

  • 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
  • Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

    Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

    Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.
    NBC News - Dec. 2
  • Top Fed official warns progress on taming US inflation ‘may be stalling’

    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 data
    Financial Times - Dec. 2
  • Under Powell, the Fed Makes Monetary Policy Boring Again

    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
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