Latest in Forecast Cuts
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Rahm misses cut, McIlroy struggles in Dubai
Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.ESPN - Jan. 17 -
Trump's inauguration will be held indoors due to frigid weather forecast
President-elect Donald Trump's inauguration ceremony is moving indoors to the Capitol rotunda because of a frigid weather forecast in the nation's capital Monday, the president-elect announced on ...NBC News - Jan. 17 -
SLB Stock Gains on Topped Forecast, $2.3 Billion Buyback
Shares of SLB advanced after the oilfield services giant announced a $2.3 billion stock buyback, bumped dividend payouts higher and reported quarterly earnings that topped Wall Street views.The Wall Street Journal - Jan. 17 -
IMF upgrades UK growth forecast and takes swipe at Trump plans
UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy. • Business live – latest updates . The International Monetary Fund has upgraded ...The Guardian - Jan. 17 -
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
It is projecting 2.7 percent growth for 2025. But uncertainty about pending Trump policies looms over the global economic trajectory.The New York Times - Jan. 17 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - Jan. 17 -
Suess Microtec Shares Soar After Forecast-Beating Results
Shares in the German chip-equipment supplier surged after it reported full-year results that exceeded guidance, boosted by AI’s growing momentum.The Wall Street Journal - Jan. 17 -
Latest weather forecast as California winds weaken
Winds are dying down in the Los Angeles area where multiple fires roar. While no rain is forecasted, conditions may be more favorable for fire mitigation efforts. CBS News' Elise Preston reports ...CBS News - Jan. 16 -
Worst global growth for 6 years forecast due to tariffs
The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.BBC News - Jan. 16 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
Sub-freezing temperatures, sunshine forecast for Trump inauguration
Sub-freezing temperatures and sunshine are forecast for President-elect Trump’s inauguration Monday. The bitter cold follows a period of wintry weather in the Washington area that featured a few ...The Hill - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - Jan. 16 -
California fires weather forecast: Winds begin to relax, but forecast to return
The winds fueling fires in Southern California are beginning to relax, but the forecast calls for their return next week.ABC News - Jan. 16 -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - Jan. 16 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
Missile Attack Prompts Emergency Power Cuts in Ukraine
President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.The New York Times - Jan. 15 -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
Air Traffic Growth Forecasts Clash With Climate Goals, Study Says
Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.Inc. - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
At least 24 people dead in California wildfires with more high winds in forecast
The death toll from the wildfires that have scorched Los Angeles County has risen to at least 24. More high winds are in the forecast, threatening to fan flames further. CBS News correspondent ...CBS News - Jan. 13 -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - Jan. 13 -
Dangerous wind gusts forecasted as LA wildfires rage on
NBC’s Angie Lassman tracks the latest forecast for Southern California including the expected return of the dangerous Santa Ana winds.NBC News - Jan. 12 -
California fires weather forecast: Strong winds expected to increase fire danger
There has been a reprieve from the strongest winds in southern California, but winds are expected to pick up later into tonight, raising the fire danger.ABC News - Jan. 11 -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - Jan. 10 -
California fires weather forecast: Red flag warning to end Friday night
Strong Santa Ana winds are hitting fire-ravaged Los Angeles on Friday morning, but the winds will relax later in the day and the red flag warning will end Friday night.ABC News - 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 -
Heavy Snow and Ice Is Forecast for Southern U.S. on Thursday and Friday
Parts of Texas, Oklahoma and Arkansas began to see snowfall on Thursday as Southern states stretching to the Carolinas brace for the storm to reach them on Friday.The New York Times - Jan. 9 -
Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers
Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.Inc. - Jan. 9 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
California wildfire forecast: LA under critical fire risk with gusty winds forecast
High pressure is building from the north and that will help to tighten the pressure gradient over southern California, producing more gusty winds.ABC News - Jan. 9 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.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 -
Latest weather forecast as massive California wildfires spread
The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...CBS News - Jan. 8 -
California fire forecast: Wind speeds remain high as wildfires rage
A damaging Santa Ana wind event was peaking early Wednesday and was expected to stay strong through early afternoon.ABC News - Jan. 8
