Latest in Loom Large Fed
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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 -
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 -
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 -
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 - 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
B1G Time: Oregon looks to cap Big Ten power trifecta in first season as Penn State looms in league title game
The Ducks are one win away from taking down Ohio State, Michigan and Penn State -- all in their first Big Ten seasonCBS Sports - 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 -
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 -
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 -
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
