Latest in Highs Fed Struggles
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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 -
Hamilton has struggled to 'handle emotions' in 2024
Lewis Hamilton is preparing for his last weekend with Mercedes and says his final year at the team has been "very emotional".BBC News - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.NBC News - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000
Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.CNBC - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
How high can 'Wicked' fly? Competition for top musicals is extremely high
Disney dominates the list of 10 top-grossing Hollywood musicals, but Universal hopes 'Wicked' will break through.Los Angeles Times - Dec. 5 -
Van Cleef & Arpels Takes to the High Seas
“Treasure Island,” Robert Louis Stevenson’s adventure novel, was the inspiration for the Paris jeweler’s new high jewelry collection.The New York Times - Dec. 5 -
Herro scores 31, Heat roll past LeBron and struggling Lakers 134-93
Tyler Herro scored 21 of his 31 points in the third quarter and the Miami Heat set a franchise record for assists in beating the Los Angeles Lakers 134-93 on Wednesday nightABC News - Dec. 4 -
Manchester United struggled against Arsenal, but there are signs that Ruben Amorim understands the job ahead
The Gunners showed just how big the gap between them and United are with an easy 2-0 victoryCBS Sports - Dec. 4 -
Davante Adams has no regrets joining Jets amid team's struggles, adds 3-9 mark in December 'not ideal at all'
Adams called it a 'weird year,' but is glad he made the move to New YorkCBS Sports - Dec. 4 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - Dec. 4 -
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 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Why ‘Dollar’ Discount Chains Struggle to Lure Penny-Pinching Shoppers
Despite offering inflation-weary consumers low prices and good value, Dollar General, Dollar Tree, and Family Dollar are losing customers to big-box rivals with better mobile shopping options.Inc. - Dec. 4 -
Razer BlackWidow V4 Pro 75% Review: High Tech, High Price
The updated BlackWidow steps even further into the world of premium custom mechanical keyboards, with a price to match.Wired - Dec. 4 -
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Kyrou scores 2, Holloway has goal and assist as Blues ground struggling Jets 4-1
Jordan Kyrou scored twice and Dylan Holloway had a goal and assist to help lift the St. Louis Blues to a 4-1 victory over the Winnipeg JetsABC News - Dec. 3 -
Michigan coach Sherrone Moore fires offensive coordinator Kirk Campbell after unit struggles in 2024
Michigan coach Sherrone Moore has fired offensive coordinator Kirk CampbellABC News - Dec. 3 -
North Carolina residents struggle with Hurricane Helene recovery amid cold weather
Several North Carolina counties opened warming shelters for people without heat access or who were displaced by Hurricane Helene last September. Some are enduring the cold while living in tents as ...CBS News - Dec. 3 -
2 months on, North Carolina residents still struggling to recover from Helene
December has delivered snow and biting cold, a different type of storm from Hurricane Helene, which ravaged western North Carolina in late September. Hundreds of people whose homes were destroyed ...CBS News - Dec. 3 -
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 -
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 -
Bill Belichick weighs in on Justin Tucker's struggles, explains why he would stick with Ravens All-Pro kicker
Belichick thinks Tucker is not being consistent enough with his mechanicsCBS Sports - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here’s why
Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week.CNBC - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here's why
As shoppers look for value, dollar stores might seem to be logical destinations.NBC News - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.NBC News - Dec. 3 -
Constellation Brands to sell Svedka vodka to Sazerac as wine and spirits segment struggles
Constellation Brands will sell its Svedka vodka brand to alcoholic beverage company Sazerac in the coming months.CNBC - Dec. 3 -
LeBron's jumper is off, and the Lakers are struggling on offense
LeBron James is in quite the shooting slump, especially from long distanceABC News - Dec. 3 -
Elton John says he has lost his eyesight and struggles to see his new stage musical
Elton John says he struggled to watch his new musical because he has “lost his eyesight” after contracting an infectionABC News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - 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 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - 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 -
Jets are sticking with struggling Aaron Rodgers as their starting quarterback
Aaron Rodgers will remain the New York Jets’ starting quarterback despite speculation the team could bench him in what has been a disappointing seasonABC News - Dec. 2