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10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - 10h -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 11h -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - 11h -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - 15h -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - 2d -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - 8h -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 10h -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - 10h -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - 11h -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - 12h -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 17h -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - 1d -
Millions across U.S. under winter storm warnings
Over 34 million Americans are under winter storm warnings as heavy wind and snow blanket the Midwest through the East Coast. According to FlightAware, more than 2,000 U.S. flights were canceled due ...CBS News - 2d -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - 2d -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - 2d -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - 2d -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - 2d -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - 2d -
Gavin & Stacey attracts 19.1 million viewers
The Christmas Day episode figures make it one of the most watched scripted TV shows of the century.BBC News - 2d -
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Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - 2d -
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The Shame That Keeps Millions of Girls Out of School
Because of a lack of access to menstruation products, girls across Africa and Asia often stay home from school when they have their periods.The New York Times - 4d -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - 5d -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - 5d -
Apple Settles Siri Eavesdropping Suit for $95 Million
Despite a reputation for prioritizing customer privacy, plaintiffs claimed the company activated Siri to collect data even when users didn’t summon the virtual assistant.Inc. - 5d -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - 5d -
JetBlue fined $2 million for chronic flight delays
The Department of Transportation (DOT) announced a $2 million penalty Friday against JetBlue Airways for multiple chronically delayed flights, the first time the agency has penalized an airline for ...The Hill - 5d -
JetBlue Fined $2 Million for Chronic Delays
The Transportation Department’s first ever penalty for chronic delays takes aim at four routes that consistently arrived late for five consecutive months.The New York Times - 5d -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - 5d -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - 6d -
Corbin Burnes’ six-year, $210 million deal with Diamondbacks includes $64 million deferred through 2036
Corbin Burnes, the 2021 NL Cy Young Award winner and a four-time All-Star, has the right to opt out after the 2026 season.Yahoo Sports - 6d -
$1.9 million reward offered after "brazen" heist of jewelry
Some of the property reportedly belongs to art collector Shafira Huang, said to be a multi-millionaire Instagram influencer.CBS News - Jan. 1 -
More than 1 million still without power in Puerto Rico
Many in Puerto Rico started 2025 without electricity as the local power company said it could take another day to turn the power back on after a blackout impacted most of the island.CBS News - Jan. 1 -
One hundred million fans cannot make you famous
Mass, cross-generational audiences have disappeared and even MrBeast can’t find themFinancial Times - Jan. 1 -
Millions of children lost health insurance in Medicaid shake-up
Children were among the millions of people who lost Medicaid coverage after the government required states to reevaluate every recipient's eligibility. Some have been able to get benefits back, but ...NBC News - Dec. 31 -