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L.A. gang leader posed as activist and music mogul while running deadly ‘mafia-like’ racket, feds say
A reputed Los Angeles gang leader passed himself off as a community activist while running a “mafia-like organization" and committing a number of offenses, including the murder of an aspiring ...NBC News - 6d -
2-year Treasury leads yields lower as Fed sticks with 2025-27 rate-cut forecast
U.S. government debt rallied on Wednesday, sending the policy-sensitive 2-year yield down by the most in more than a week, after Federal Reserve officials stuck with their expectations for ...MarketWatch - 6d -
Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance
Federal Reserve Chair Jerome Powell’s nuanced take on the economic outlook helped lift stocks on Wednesday.MarketWatch - 6d -
Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.CNBC - 6d -
China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts "at appropriate times."CNBC - 6d -
LA Crips leader who feds say posed as anti-gang activist arrested
The U.S. Attorney's Office has announced several federal charges against a Los Angeles Crips gang leader, including racketeering.CBS News - 5d -
Here’s the real reason stocks rose after a do-nothing meeting, says this ex-New York Fed trader
There was some debate after the Federal Reserve’s press conference was over whether Chair Jerome Powell was trying to convey a hawkish message or a dovish one.MarketWatch - 5d -
The Fed’s interest-rate pause has a silver lining for worried Americans — if they make this move
Consumers are increasingly concerned about their jobs and their access to credit as recession fears loom.MarketWatch - 5d -
Trump says the Fed should cut rates to ease the economy’s transition to his tariffs
President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.CNBC - 5d -
Feds indict ex-Michigan assistant Matt Weiss for hacking private accounts to steal 'intimate, personal' photos
Weiss was indicted on 24 total counts and is alleged to have downloaded information of over 150,000 student athletesCBS Sports - 5d -
'We Fed Off The Momentum Of The Previous Game': Maple Leafs Stave Off Desperate Rangers In Second-Half Of Back-To-Back
Toronto's second line combined for seven points in their win over the Rangers, tying them for first in the Atlantic Division.Yahoo Sports - 5d -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - Mar. 7 -
Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.The New York Times - Mar. 8 -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - Mar. 8 -
3/9: CBS Weekend News
Trump doesn't rule out recession, rising inflation; Vineyard owner has winery dog clonedCBS News - Mar. 10 -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - Mar. 11 -
Small Businesses Still Struggle to Hire, Despite Rising Recession Fears
The NFIB’s monthly poll of entrepreneurs lists recruitment problems, inflation, and the general outlook for economic growth as leading concerns.Inc. - Mar. 11 -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - Mar. 12 -
Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - Mar. 12 -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - Mar. 12 -
3/12: CBS Evening News Plus
What contributed to February's cooling inflation; Reporter's Notebook: How a fireside chat set a new standard for presidential leadershipCBS News - Mar. 12 -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - Mar. 13 -
How much will a $10,000 long-term CD earn if opened this March?
Even with this week's inflation drop, a $10,000 long-term CD can still earn a big return if opened this March.CBS News - Mar. 14 -
From Covid to today: five years that changed our money
With the anniversary of the first lockdown approaching, inflation and market volatility are now facts of financial lifeFinancial Times - Mar. 15 -
Yoga mats and VR headsets added to list measuring cost of living
Items added and removed from the basket of goods used to calculate inflation give an insight into current fashions.BBC News - Mar. 18 -
Sterling climbs above $1.30 for first time since November
Pound has rebounded this year amid stubbornly high UK inflation and a broad dollar retreatFinancial Times - Mar. 18 -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - Mar. 18 -
Discount retailer Ollie’s adds Big Lots stores, and a jewelry seller retreats from malls
Retailers have responded to a long period of inflation with a renewed emphasis on value over less essential products.MarketWatch - 6d -
Interest rates will go down gradually, says Bank
Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.BBC News - 5d -
Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices
Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.CNBC - 5d -
Argentines snap up foreign goods as Milei strengthens peso
Chinese solar panels and Uruguayan butter arrive as president tackles inflation by easing import restrictionsFinancial Times - 2d -
Bank of England dilutes stress test scenario for lenders
Central bank opts for smaller inflation surge and milder global GDP drop in its modelling requirementsFinancial Times - 1d -
Plastic pollution leaves seabirds with brain damage similar to Alzheimer’s, study shows
Blood tests on migratory chicks fed plastics by their parents show neurodegeneration, as well as cell rupture and stomach lining decay. Ingesting plastic is leaving seabird chicks with brain damage ...The Guardian - Mar. 12 -
Time for a change? Your views on Scotland's Six Nations campaign
Scotland fans, we asked for your views on Scotland's final Six Nations match against France, and the tournament as a whole. It's time for a shake up and time for a change; I'm fed up of finishing ...Yahoo Sports - Mar. 16 -
Trump presses Federal Reserve to cut rates
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING ...The Hill - 5d -
Rising costs of popular snacks has some shoppers cutting back
A recent survey found 42% of people are so fed up with high prices that they are leaving snacks and junk food off their grocery lists. This has led some companies to feed into new strategies to ...NBC News - 15h -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - Mar. 12 -
Egg prices are rapidly falling so far in March
Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.CNBC - Mar. 13 -
Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year.NBC News - Mar. 13