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Middle and higher earners face increasing tax burden
Budget measures combine with legacy ones to raise tax billsFinancial Times - 11h -
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 12h -
MicroStrategy shares could surge even higher if added to Nasdaq 100 on Friday, crypto analyst says
MicroStrategy’s inclusion on the Nasdaq 100 index largely depends on whether it is classified as a software developer or a financials companyMarketWatch - 1d -
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
For the month, the deficit totaled $366.8 billion, 17% higher than November 2023CNBC - 2d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 2d -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 2d -
Zara Owner Inditex Posts Higher Sales Amid Fierce Low-Cost Competition
Inditex reported an increase in sales at the start of its final quarter, helped by its fall and winter collections and despite intense competition in the fashion industry.The Wall Street Journal - 2d -
Treasury yields finish higher for second day, ahead of CPI inflation data
Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...MarketWatch - 3d -
Luke Littler trends higher than PM on Google in UK this year
The star is the top searched athlete and behind only the Princess of Wales and Donald Trump overall.BBC News - 3d -
10-year Treasury yield finishes higher for first time in four sessions
Yields on U.S. government debt finished slightly higher on Monday, as traders assessed geopolitical events ranging from the overthrow of Syria’s government to China’s efforts to kick-start its ...MarketWatch - 4d -
Oil prices end higher, lifted by fall of Syria’s Assad and China’s stimulus plans
Oil futures finished higher on Monday after China eased its overall monetary-policy stance for the first time in 14 years, as the nation’s Politburo vowed more forceful measures to boost the ...MarketWatch - 4d -
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 - 4d -
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 - 5d -
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 - 5d -
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 - 5d -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - 6d -
DocuSign, Inc. (DOCU) Beats Q3 Estimates, Guides Revenue Higher, and Expands AI Features in Global Markets
We recently compiled a list of the 12 AI News and Ratings Investors Probably Missed. In this article, we are going to take a look at where DocuSign, Inc. (NASDQ:DOCU) stands against the other AI ...Yahoo Sports - 6d -
Cramer says brewer 'primed to go much higher' despite Trump's tariff threat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Dec. 6 -
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
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 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
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 HillFinancial Times - Dec. 4 -
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 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
JetBlue offers fresh sign of strong travel demand, sending its stock higher
JetBlue raises its guidance to reflect higher-than-expected bookings in November and December.MarketWatch - Dec. 4 -
Community 'college deserts' leave students stranded from higher education
Experts are increasingly sounding the alarm on community "college deserts" that leave students without readily accessible higher education options. The deserts, locations where high schools are ...The Hill - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
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 -
Treasury yields finish mostly higher ahead of no-confidence vote in France
Investors sold off long- and intermediate-term U.S. government debt on Tuesday, pushing corresponding yields to slightly higher closing levels ahead of a vote in France that could topple that ...MarketWatch - Dec. 3 -
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 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
Native American students miss school at higher rates, it got worse during pandemic
Years after COVID-19 disrupted American schools, nearly every state is still struggling with attendanceABC News - Dec. 3 -
It Can’t Be Assumed That Higher Turnout Would Have Helped Harris
Voting records suggest Democrats who stayed home were less likely to support her, with no equivalent drop-off in Trump support among Republicans.The New York Times - Dec. 3 -
Amazon trucking contractors have higher rates of safety violations, CBS News finds
Contracted truckers hauling packages between Amazon facilities are more likely to engage in dangerous behavior on the roads than other carriers, according to federal data analyzed by CBS News.CBS News - 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 -
2- through 10-year yields finish higher after new Trump tariff threat
Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation.MarketWatch - Dec. 2 -
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 dataFinancial Times - Dec. 2 -
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