Latest in Feds Probe
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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 - 25m -
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 -
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 - 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 - 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 - 5d -
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 -
Rumble Among 15 Targets of Texas Attorney General’s Child Privacy Probe
Texas has become a leading enforcer of internet rules. Its latest probe includes some platforms that privacy experts describe as unusual suspects.Wired - 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 -
The key question underlying Badenoch’s call for grooming gangs probe
Tory leader says there was a failure to ‘join dots’, taking a different view to police on how to address issueFinancial Times - 6d -
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 -
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 -
UK police face probe into handling of sex crimes allegations against Harrods owner Al Fayed
U.K. police watchdogs will investigate whether the London force bungled its handling of sex crimes allegations against Mohamed Al FayedABC News - Jan. 8 -
US probing Teslas over driverless feature
The U.S. government is probing Tesla over a driverless feature in its electric vehicles, according to the National Highway Traffic Safety Administration (NHTSA). The NHTSA cited Tesla's "Smart ...The Hill - Jan. 7 -
Bangladesh requests UK minister’s bank account details in corruption probe
UK City minister Tulip Siddiq under scrutiny for links to ousted regime of her aunt Sheikh HasinaFinancial Times - Jan. 7 -
Watch live: Louisiana AG provides update on probe into New Orleans attack
Louisiana Attorney General Liz Murrill will hold a press conference Tuesday afternoon to provide an update on the investigation of the New Year's Day attack in New Orleans that killed at least 14 ...The Hill - Jan. 7 -
Minneapolis agrees to police reform deal following George Floyd probe
The city of Minneapolis has agreed to a series of police reforms after a probe from the Justice Department in the aftermath of the murder of George Floyd. A court-enforceable agreement known as a ...The Hill - Jan. 7 -
UK officials recommend probe into Houchen’s Teesworks project
Regeneration scheme should be investigated over value-for-money concerns, deputy prime minister Angela Rayner toldFinancial 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 -
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 -
Siddiq refers herself for probe by standards adviser
It follows controversy over the Treasury minister's links to her aunt's political movement in Bangladesh.BBC News - Jan. 6 -
FBI probing Bourbon Street attacker's past trips to New Orleans and Cairo
Federal agents investigating the deadly attack say the perpetrator recorded himself riding through the French Quarter on a bicycling using Meta glasses.CBS News - Jan. 5 -
New Orleans attack latest: Authorities probe attacker's 'radicalization' process
The suspect in the truck attack that killed 14 and injured dozens on New Orleans' Bourbon street on New Year's had traveled to Egypt in 2023 for about a month.ABC 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 -
NASA probe beams home update after record-breaking flyby of sun
NASA said scientists began receiving more detailed telemetry — or "housekeeping data" — from the spacecraft on New Year's Day.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 -
Federal courts won't ask DOJ to probe possible Clarence Thomas ethics breaches
The federal courts will not refer allegations that Supreme Court Justice Clarence Thomas may have violated ethics laws to the Justice Department, the judiciary's policymaking body says.CBS News - Jan. 3 -
As Musk’s Influence Grows, So Do Questions Over U.S. Probes Into His Business Empire
As the billionaire and ‘First Buddy’ to Trump aligns with the center of U.S. political power, it’s unclear how his connections could affect several government investigations into his companies.Inc. - Jan. 2 -
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Tories seek UK probe into rape gangs as Musk spat with Starmer escalates
Tech billionaire claims PM failed to tackle grooming scandal when he was head of prosecution serviceFinancial Times - Jan. 2 -
Investigators probe for motive, possible accomplices in New Orleans attack
FBI says New Orleans suspect was not acting aloneNBC News - Jan. 2 -
Experts from U.S. join South Korea plane crash probe
Experts from the National Transportation Safety Board, Federal Aviation Administration and Boeing joined the probe into the South Korea plane crash that killed all but two of the 181 people on ...CBS News - Dec. 31
