Latest in Forecast Cuts
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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 -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - 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 -
California fires weather forecast: LA remains under extreme dry and windy weather
On Wednesday morning and afternoon, winds will be the strongest west and north of Los Angeles, mostly in the mountains and higher canyons.ABC News - Jan. 15 -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - Jan. 13 -
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 -
California fires weather forecast: High winds could cause explosive fire growth
Higher humidity and lighter winds are forecast late in the week and into the weekend.ABC News - Jan. 13 -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - Jan. 13 -
California fires weather forecast: More than 8M people are in critical fire risk zone
More than 8 million people are in the critical fire risk zone.ABC News - Jan. 12 -
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 -
Wild-card weekend preview: Players and prop bets to watch | Yahoo Fantasy Forecast
It's wild-card weekend in the NFL and there's so many juicy matchups to sink our teeth in. Matt Harmon and Scott Pianowski preview each of the six games to determine the players and, most ...Yahoo Sports - 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 -
December jobs report forecast is 155,000. But here’s the number investors really should watch.
Rising unemployment prodded the Federal Reserve to cut interest rates last fall despite lingering inflation — and the jobless rate could still be the deciding factor for future rate cuts.MarketWatch - 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 -
Lighter winds forecast for the Los Angeles area through Thursday may help firefighters
Santa Ana winds will still be strong enough to carry wildfire embers as they ease through Thursday. There are further strong wind gusts expected for Friday morning. KNBC meteorologist Belen de Leon ...NBC News - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - 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 -
Egypt unveils ancient rock-cut tombs and burial shafts in Luxor
Egypt has unveiled several discoveries near the famed city of Luxor including ancient rock-cut tombs and burial shafts dating back 3,600 yearsABC 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