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Dow plunges after Powell's comments on rate cuts
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock ...CBS News - 6h -
What’s On Powell’s To-Do List in Last Full Year as Fed Chief?
The head of the central bank has quite a lot to do before his term ends, with finishing the economy’s soft landing and taming inflation as major priorities.Inc. - 11h -
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Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.The New York Times - 2d -
Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...CBS News - 10h -
Watch live: Powell gives remarks on expected interest rate cut, Fed's 2025 outlook
Federal Reserve Chair Jerome Powell is set to hold a briefing Wednesday afternoon as the central bank is set to cut interest rates for a third time. The decision comes as inflation picked up ...The Hill - 12h -
The retailers living in fear of violent shoplifters
One retailer in Edinburgh's plush Morningside district was knocked to the floor and throttled by a thiefBBC News - 1d -
Raskin: Democrats in 'fight of our lives'
Rep. Jamie Raskin (D-Md.) said late Wednesday that Democrats are in “the fight of our lives” following President-elect Trump's victory in the 2024 election. “We're not gonna change our values,” ...The Hill - 6d -
Humans Will Continue to Live in an Age of Incredible Food Waste
Food production has never been higher—or more costly. Yet the amount that goes uneaten remains shockingly high.Wired - 6d -
Malibu Fire Reminds Residents of the Perils of Living in Paradise
Flames threatened residential areas and forced thousands to flee, as firefighters fought to contain the Franklin fire.The New York Times - Dec. 12 -
This Futurist Predicts a Coming ‘Living Intelligence’ and AI Supercycle
A new report from Amy Webb argues that big things will happen at the intersection of AI, bioengineering, and sensors. Here’s how it could affect your business.Inc. - Dec. 11 -
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - Dec. 11 -
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
President-elect Donald Trump's pick for Treasury secretary said Federal Reserve Chair Jerome Powell could serve out his term.CNBC - Dec. 11 -
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 - Dec. 9 -
Watch live: Biden to deliver remarks on Syria
President Biden will speak on the latest developments in Syria on Sunday afternoon, hours after the Syrian government fell. Early Sunday, rebels entered the capital of Damascus, ending the Assad ...The Hill - Dec. 8 -
Trump says he will not remove Jay Powell from Fed before term ends
President-elect also does not rule out higher inflation as a result of his tariffsFinancial Times - Dec. 8 -
Fulham v Arsenal: Premier League – live
A London derby at Craven Cottage, 2pm UK time kick-off Any comments or thoughts? You can email Daniel Email! “Especially big shout out for Lukic amongst Fulham’s ex-Arsenal contingent,” ...The Guardian - Dec. 8 -
Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.The New York Times - Dec. 8 -
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 - Dec. 8 -
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 - Dec. 8 -
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 - Dec. 8 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Live Updates: U.S. Job Growth Rebounds
The labor market added 227,000 jobs, a big rebound from October, when storms in the Southeast and a major strike disrupted work. The unemployment rate ticked up slightly to 4.2 percent.The New York Times - Dec. 6 -
Brain op failings made patients' lives 'hell'
Patients speak out as a leaked report reveals many were failed over several years.BBC News - Dec. 6 -
The NFT Is Dead. Long Live the NFT?
The giddy craze for nonfungible tokens brought the crypto crowd to art auctions. Now, long after the bubble burst, some still believe.The New York Times - 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 -
Bitcoin breaks $100,000, boosted by Trump’s crypto embrace and Powell’s remarks
Bitcoin stages a remarkable comeback two years after the implosion of FTX to hit this $100,000 milestone, helped along by Wall Street titans who bet on crypto’s future.MarketWatch - 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 -
Fed Chair Jerome Powell and Billionaires Jeff Bezos and Ken Griffin Agree: The U.S. Must Grow Its Way Out of Debt
The three heavyweights weighed in on the economy, the debt crisis, and central banking at the 2024 DealBook Summit.Inc. - Dec. 5 -
Powell's debt warning
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell warns US on 'unsustainable' path Federal Reserve Chair Jerome Powell ...The Hill - 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 -
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 -
Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chair Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a course correction days after the national debt topped $36 trillion for the ...The Hill - 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 -
Watch Live: UnitedHealthcare CEO killed in NYC shooting
UnitedHealthcare CEO Brian Thompson was killed in a shooting outside a hotel in Midtown Manhattan.CBS News - Dec. 4 -
Powell scores 30 and Harden has 23 as the Clippers beat the Trail Blazers 127-105
Norman Powell scored 30 points, James Harden had 23 and the Los Angeles Clippers beat the Portland Trail Blazers 127-105 on Tuesday nightABC News - Dec. 4 -
Murdered teen's mum fears more lives will be lost
Holly Newton's mother reacts to new survey findings about coercive control in young relationships.BBC News - Dec. 4 -
Live, the cast from 'Saturday Night'
'Saturday Night,' the film, envisions the whirl of chaos that took hold in the 90 minutes before 'NBC's Saturday Night,' the show, premiered.Los Angeles Times - Dec. 3 -
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