Latest in Loom Large Fed
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Live updates: Drone sightings raise lawmakers' eyebrows; Shutdown deadline looms
Lawmakers are sprinting to pass legislation that will keep the government’s lights on ahead of the Dec. 20 shutdown deadline as President-elect Trump’s Cabinet picks continue to make their case to ...The Hill - 6d -
Europe's economy falters as Trump presidency looms
The European economy is going to have a tough few years, if new forecasts are correct.BBC News - Dec. 12 -
New Federal Rule Limits Overdraft Fees at Large Banks
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.The New York Times - Dec. 12 -
TikTok's future in jeopardy as US ban looms
TikTok’s future in the U.S. is in serious jeopardy after a federal appeals court rejected its push to overturn a law that could ban the app next month. The popular social media app’s fate now ...The Hill - Dec. 12 -
California Gets $135 Million to Phase Out Large Diesel Trucks
California has the next few years to use the money for zero-emission trucks.Inc. - Dec. 12 -
Should investors bet on bonds or equities as Trump's presidency looms?
Is this the right time to shift from fixed-income investments to risk assets like stocks and shares?Yahoo Sports - Dec. 12 -
China Comes Out Swinging as Trump Trade War Looms
Beijing is brandishing an expanded arsenal of countermeasures as President-elect Donald Trump threatens across-the-board tariffs on Chinese-made goods.The Wall Street Journal - Dec. 12 -
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 - Dec. 11 -
Storm Aid vs. Partisan Power: A Showdown Looms in North Carolina
As Republicans try to muscle through a bill that is nominally dedicated to hurricane relief but in fact erodes Democrats’ influence, residents of the areas hit hardest say they urgently need help.The New York Times - Dec. 11 -
Succession showed us the rich are largely miserable – and the Murdochs are living proof | Zoe Williams
What does Rupert’s failed attempt to hand his empire to son Lachlan tell us? They’d be happier giving their money away. Rupert Murdoch has lost an epic legal battle against three of his children: ...The Guardian - Dec. 11 -
China ramps up Wall Street meetings as Trump inauguration looms
Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.CNBC - Dec. 11 -
Qatar’s $500bn wealth fund targets bigger deals as LNG windfall looms
New chief says QIA will deploy cash ‘more aggressively’ as it conducts investment review ahead of huge influxFinancial Times - Dec. 11 -
How TikTok Hopes to Run Out the Clock on a Looming Legal Ban
After its appeal was defeated last week, the social media platform seeks to delay enforcement of a federally ordered U.S. shutdown in hopes Donald Trump or the Supreme Court will overturn the law.Inc. - Dec. 10 -
Son gunned down in home invasion fought back, tried to help mom; suspect at large
Police in Pennsylvania are searching for the gunman wanted for killing a young man and wounding his mother during a home invasion in an upscale Philadelphia suburb.ABC News - Dec. 10 -
Watch: House Republicans hold presser as shutdown deadline looms
House Speaker Mike Johnson (R-La.) and other GOP leaders held a press conference Tuesday morning with just 10 days left until government funding is set to expire. Members on both sides of the aisle ...The Hill - Dec. 10 -
TikTok asks for emergency pause to looming US ban
The app says the Supreme Court - and incoming Trump administration - needs more time to consider the case.BBC News - Dec. 9 -
Trump return to DC looms over Kennedy Center Honors
In a night filled with political moments — including multiple nods to President Biden, a Grateful Dead tribute from former Speaker Nancy Pelosi (D-Calif.) and accolades for ...The Hill - Dec. 9 -
College Football Playoff Rankings: Betting markets surge in SMU vs. Alabama debate for final at-large spot
The ACC may get the benefit of the doubt over the SEC this yearCBS Sports - Dec. 8 -
An unseen financial threat looms before Trump and his Treasury
We need to build a smarter regulatory mousetrap that relates to the economy that exists to prevent the next financial crisis.The Hill - Dec. 8 -
Large mystery drones flying over neighborhoods in New York and New Jersey
Swarms of large drones, some described as big as cars, are flying over neighborhoods in New Jersey and New York. One even flew over a meeting of Pentagon leaders in California. NBC News' George ...NBC News - Dec. 8 -
Large Protests Call for Impeachment of South Korean President Yoon Suk Yeol
Demonstrations in the city and nationwide demanding the ouster of President Yoon Suk Yeol intensified through the week, and Saturday’s rally was the largest yet.The New York Times - Dec. 7 -
South Korean president apologises for martial law attempt as impeachment vote looms
Yoon Suk Yeol tells nation he will face legal consequences and will not try to impose martial law for a second time. The South Korean president, Yoon Suk Yeol, has apologised for his short-lived ...The Guardian - Dec. 7 -
South Korea's First Lady Looms Over Her Husband's Embattled Presidency
The country’s first lady is seen as a driving force behind Yoon Suk Yeol declaring martial law earlier this week.The Wall Street Journal - Dec. 6 -
Treasury yields end mixed as November jobs data looms
The policy-sensitive 2-year Treasury yield advanced on Thursday while the longest-dated rates slipped ahead of Friday’s release of November jobs data, which is expected to show the U.S. labor ...MarketWatch - Dec. 5 -
No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - Dec. 5 -
UnitedHealthcare CEO Brian Thompson fatally shot in targeted attack, gunman still at large
Thompson, who led the largest private insurer in the U.S., was set to attend UnitedHealth Group's investor day, which the company canceled.CNBC - Dec. 5 -
How long can Nvidia outrun the law of large numbers? Here’s some good news.
An analyst is encouraged by rumblings that Nvidia’s next-generation Rubin chip could be out earlier than expected in a boon to 2026 financials.MarketWatch - Dec. 5 -
S Korean leader under pressure as impeachment vote looms
Yoon Suk Yeol is facing protests and a police investigation into his shock martial law decree.BBC News - Dec. 5 -
South Korea's parliament impeaches 4 officials as a vote on impeaching Yoon over his martial law declaration looms
South Korea's parliament impeaches 4 officials as a vote on impeaching Yoon over his martial law declaration loomsABC News - Dec. 4 -
Chinese hackers stole large amounts of Americans’ phone data from eight telecoms, officials say
A Chinese hacking campaign that spied on texts and calls of U.S. citizens is significantly larger than previously known to the public.NBC News - Dec. 4 -
Mexico makes largest fentanyl bust as Trump’s tariff threat looms
Drugs seizure comes after US president-elect says he will impose levies if flow of narcotics is not haltedFinancial Times - Dec. 4 -
College Football Playoff Rankings: Alabama Holds the Final At-Large Bid
After a shocking upset loss to Syracuse, Miami’s path to the postseason is in limbo, making way for the Crimson Tide.The New York Times - Dec. 4 -
FBI investigating ‘cluster of large drones’ spotted near Trump’s New Jersey golf course
A cluster of large drones spotted flying over central New Jersey — including near a military base and President-elect Donald Trump’s Bedminster golf course — has sparked a federal investigation as ...Yahoo Sports - Dec. 3 -
French government teeters on brink of collapse as no-confidence vote looms
Administration of Michel Barnier likely to fall after far-left and far-right opponents table motions. France is staring into the unknown as the minority government of the prime minister, Michel ...The Guardian - Dec. 3 -
With Threats to Encryption Looming, Signal’s Meredith Whittaker Says ‘We’re Not Changing’
At WIRED’s The Big Interview event, the president of the Signal Foundation talked about secure communications as critical infrastructure and the need for a new funding paradigm for tech.Wired - Dec. 3 -
Economic hardship looms over Ghana as country readies for polls
Election is being contested between vice-president Mahamudu Bawumia and former president John Mahama, under whom corruption ballooned. When the Ghanaian opposition leader Nana Akufo-Addo won the ...The Guardian - Dec. 3 -
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Senate showdowns loom over Biden appointees
Pete Hegseth met with Senators who will vote on whether he should become defense secretary in the new Trump administration. Over the weekend, the president-elect chose Kash Patel to be FBI ...NBC News - Dec. 3 -
What is 'lake-effect snow'? Warm air from large bodies of water is the key ingredient
The lake-effect snow that has fallen in parts of upstate New York, Pennsylvania and Michigan is the result of cold, moist air that blew over the Great Lakes regionABC News - Dec. 2 -
Months of political instability loom as French government nears collapse
Prime Minister Michel Barnier's minority government's survival has always depended on the indulgence of its enemies.BBC News - Dec. 2
