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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 - 19m -
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 - 1h -
Israel admits soldiers used ambulance in raid on refugee camp
Families seek justice after a raid on Balata camp in the West Bank resulted in the death of an 80-year-old woman and another civilian. The ambulance pulls up on a narrow street at the Balata ...The Guardian - 21h -
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 -
Pakistani security forces kill 27 insurgents during raid in Balochistan
The military says security forces acting on intelligence have raided a militant hideout in southwest Pakistan and killed 27 insurgentsABC 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 -
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 -
Trump transition team considering D.C.-area immigration raid showcase
The incoming Trump administration is considering conducting a high-profile raid targeting undocumented immigrants in its initial days, according to three people familiar with the discussions. NBC ...NBC News - 6d -
Multiple homes on fire in Studio City
KNBC's Julia Deng reports that multiple homes are on fire on Sunswept Drive in the Studio City area of Los Angeles, with the flames threatening a hillside behind the homes.NBC News - 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 -
Trump transition considering D.C.-area showcase immigration raid in first days of administration
The incoming Trump administration is considering conducting a high-profile raid targeting undocumented immigrants in its initial days.NBC News - 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 -
Hot property: five homes in Veneto
From an apartment in a palazzo overlooking the Grand Canal to a castle in the medieval town of ConeglianoFinancial Times - 6d -
Dhaka police ‘raided lawyer’s home’ after journalists asked UK MP about his plight
Mir Ahmad bin Quasem says security personnel intimidated wife before TV confrontation with Labour MP was broadcastFinancial Times - Jan. 8 -
Middle East latest: Israel's military launches wave of raids across the occupied West Bank
The Israeli military has launched a wave of raids across the occupied West Bank, killing at least three Palestinians it said were militantsABC News - 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 -
Israel Conducts Raids in Syria Amid Accusations of Cease-Fire Violations
Four weeks after the fall of the Assad regime, Israel is pressing on with a military campaign on Syrian soil.The New York Times - 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 -
Israel faces mounting pressure over detention of Gaza hospital chief after raid
Israel faced mounting pressure Saturday over its detention of Gaza hospital chief Dr. Hussam Abu Safiya, during a raid on Kamal Adwan hospital.NBC News - Jan. 4 -
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 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
South Korean Police Raid Offices of Airline, Airport Involved in Plane Crash
The search warrant lists charges of professional negligence resulting in death, after 179 people were killed on a Jeju Air flight.The Wall Street Journal - Jan. 2 -
Police raid airline's offices after crash killed 179 people in South Korea
The flight was carrying 181 passengers and crew when it belly-landed before slamming into a barrier, killing all aboard except two flight attendants.CBS News - Jan. 2 -
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South Korea plane crash: police raid Muan airport and Jeju Air office
Pressure builds on authorities to establish cause of crash which killed 179 people. Police in South Korea have raided Muan international airport, the scene of Sunday’s plane crash , in which 179 ...The Guardian - Jan. 2 -
Pokemon Go January 2025 Events: Raids, Spotlight Hours, Community Day, And More
A new year has begun, and Pokemon Go is ushering it in with a variety of events and debuts. The game's Dual Destiny season continues with the arrival of several new Pokemon, including Fidough and ...GameSpot - Jan. 1 -
FBI seizes more than 150 pipe bombs in raid on Virginia farm
The FBI says it found more than 150 pipe bombs in a raid on a Virginia farm. Investigators say Brad Spafford was arrested after a tip that he was stockpiling weapons. It is the largest seizure of ...CBS News - Jan. 1 -
The Evolution of Home Beauty Device Trends
As the science of skin care continues to expand, some of those advances have landed directly in consumers’ hands. Is that a good thing?The New York Times - Dec. 31
