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Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - 4d -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - 4d -
Biden and Trump spoke by phone last week
President Joe Biden and President-elect Donald Trump spoke on the phone over the Thanksgiving holiday, according to two people familiar with the call.NBC News - 5d -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - 5d -
A's clear last big hurdles for $1.75B Vegas stadium
The Las Vegas Stadium Authority approved lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a $1.75 billion stadium.ESPN - 5d -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - 5d -
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 - 5d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 6d -
The A's clear the last major hurdle for a $1.75 billion Las Vegas stadium
The Las Vegas Stadium Authority approved the lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a stadium on the Strip and bring ...ABC News - 6d -
How Online Reviews and Ratings Have Evolved for Customers
Dentists, doctors, professors, dry cleaners: What can’t you rate anymore?The New York Times - 6d -
Fragile truce with Hezbollah gives few Israelis hope of lasting peace
JERUSALEM — The ceasefire between Israel and Lebanon’s Hezbollah appeared on the verge of collapse this week — something that is not a surprise to many Israelis.NBC News - 6d -
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Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - 6d -
Democrat narrowly flips California seat in last uncalled race of 2024
Rep. John Duarte (R-Calif.) will lose his House seat in what was the last uncalled congressional race of the 2024 cycle, giving Democrats a pickup going into the new year, Decision Desk HQ has ...The Hill - 6d -
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 - 6d -
The Last Bookstore Studio City sets its opening date
The Last Bookstore defies the e-commerce trend and prepares to open a new bricks-and-mortar outpost in Studio City. 'The desire of Gen Z to have physical media is part of it,' the owner says.Los Angeles Times - 6d -
'Embarrassing': The Lakers have lost their last 2 games by a combined 70 points
A 29-point loss in Minnesota on MondayABC News - Dec. 5 -
The Last Time Alcohol Poisoned a Defense Nomination
Pete Hegseth is not the first.The New York 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 -
The Last Of Us Season 2 Gets A Narrower Release Window
Warner Bros. Discovery has narrowed the release window for when The Last of Us Season 2 is coming. During a recent Wells Fargo event , WBD global streaming boss JB Perrette said Season 2 is on ...GameSpot - 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 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Is Robert Pattinson the Last True Movie Star?
He may have wanted to be an actor without being a celebrity. But then he turned his fame into its own kind of performance.The New York Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
California Democrat Flips Seat in the Last House Race to Be Called
Adam Gray, a former state lawmaker, defeated Representative John Duarte, a Republican, in a reversal of their 2022 race.The New York Times - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - 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 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
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 -
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 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2 -
Kiko Kostadinov: Fashion’s Last Great Weirdo
With a new store in Los Angeles, a Levi’s collaboration and a growing international presence, Kiko Kostadinov is building that rarest thing in fashion: an independent, family-run empire.The New York Times - Nov. 30