Philadelphia Fed’s Factory

Volkswagen to close three German factories and lay off thousands of workers, employees say

Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.

Business - MarketWatch - October 28

China's factory activity expands for the first time since April, official survey shows

China's official purchasing managers' index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.

Business - CNBC - October 31

Thames Water lenders call for more backers for £1.5bn rescue cash – business live

Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...

World - The Guardian - 5 days ago

Feds charge fan with arson for flares in Orlando

A man has been charged with "arson of a building that led to personal injuries" after releasing two flares into the stands at an Orlando City match at Inter&Co stadium in Orlando, Florida, federal ...

Sports - ESPN - October 18

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Fed should beware of wishing on an R-star

US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana state

World - Financial Times - October 23

Fed Beige Book continues to point to sluggish economy

Nine out of 12 districts report flat or declining activity.

Business - MarketWatch - October 23

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - 3 days ago

Trump Is Inheriting Booming Markets and a Decisive Fed

Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.

Business - Inc. - 2 days ago

Trump is not expected to try to fire Fed Chair Powell

Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.

Business - MarketWatch - 2 days ago

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - 2 days ago

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Here's what changed in the new Fed statement

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Business - CNBC - 2 days ago

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 2 days ago

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

The Fed talks about not talking about Trump

Jay Powell sets some limits

World - Financial Times - Yesterday

The Fed’s Job Is About to Get a Lot Harder

Jerome Powell sees an uncertain path as Trump enters the White House and inflation wavers.

Business - Inc. - Yesterday

Feds investigate racist text messages sent nationwide

Federal authorities are investigating racist text messages that were sent this week to residents in at least 19 states, from California to Connecticut. The texts were also sent to students at ...

Watch live: JD Vance joins MomVote town hall in Philadelphia

Sen. JD Vance (R-Ohio) is in battleground Pennsylvania, participating in a town hall Tuesday evening alongside conservative nonprofit Moms for America. The event in Philadelphia, labeled as ...

Politics - The Hill - October 15

Musk Makes Solo Trump Campaign Stop in Philadelphia Suburbs

The billionaire and head of America PAC spoke for about 15 minutes at a suburban high school auditorium, urging GOP supporters to vote early.

Business - Inc. - October 18

Lankinen stops 26 shots as Vancouver blanks Philadelphia 3-0

Kevin Lankinen made 26 saves for his fourth career shutout and the Vancouver Canucks beat the Philadelphia Flyers 3-0

Sports - ABC News - October 19

Milwaukee Bucks vs. Philadelphia 76ers: How to watch tonight's NBA game

How to watch the Milwaukee Bucks vs. Philadelphia 76ers in their NBA season opener.

Sports - Yahoo Sports - October 23

Historic Philadelphia synagogue targeted by vandals three times in one day

Vandals targeted one of the oldest synagogues in the U.S. vandals three times Tuesday, including by attempted arson, officials said.

A Philadelphia suburb’s novel solution for getting the vote out – a voting van

Van makes voting accessible in Montgomery county, where officials reject at least 1,000 mail-in votes each election. Maxine Endy had been on the phone with her neighbors in her towering apartment ...

World - The Guardian - October 24

Fact or Fiction: Joel Embiid and the Philadelphia 76ers are in for a painfully long season

Let's take a deeper dive into one of the league’s biggest storylines this week: a troubling trend for the 2023 MVP.

Sports - Yahoo Sports - October 25

Philadelphia Union GK Holden Trent dies aged 25

Philadelphia Union goalkeeper Holden Trent died Saturday at the age of 25, the Major League Soccer club announced.

Sports - ESPN - October 27

In the heart of Philadelphia, Harris argues Trump is about 'retribution and revenge'

Vice President Kamala Harris, campaigning in Philadelphia on Sunday, described a stark choice voters face in the presidential election, inviting them to visualize either her in the Oval Office or ...

Harris stumps in Philadelphia 9 days out from Election Day

Vice President Harris rallied voters in Philadelphia on Sunday as the race between her and former President Trump grows tighter nine days out from Election Day. Harris largely stuck to her stump ...

Politics - The Hill - October 27

Latest in Philadelphia Fed’s Factory