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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 -
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 -
Jim Gaffigan on the gifts no one should give for the holidays
Holiday shopping can be stressful. So as a public service, comedian Jim Gaffigan offers his advice on what NOT to give those on your list – and some very welcome advice on what would be an ...CBS News - 3d -
Giving is good for everyone . . . and not just at Christmas
Charitable donations have declined in recent yearsFinancial Times - 5d -
How to reduce holiday waste with sustainable gift-giving
According to the Center for Biological Diversity, the U.S. creates nearly 6 billion tons more waste in December than in other months. The nonprofit says about 25% of returned products end up in ...CBS News - 5d -
City of London gives permission for tallest tower
1 Undershaft will be the same height as the Shard across the ThamesFinancial Times - 5d -
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 -
In Aleppo, Rebels Give a Sense of What Is to Come for Syria
Rebel fighters who took control of Aleppo about two weeks ago have promised security and continuity. Prices have skyrocketed, but residents express some hope for the future.The New York Times - 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 -
Officials give update on Franklin Fire in California
Officials in California held a news conference Tuesday to offer details on their response to the Franklin Fire that's been burning in Malibu, California. See the full news conference.CBS News - Dec. 10 -
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 -
Why Raducanu is giving herself a 'pat on the back' for 2024
Emma Raducanu spent 2024 trying to rebuild after missing a year through injury - BBC Sport analyses how her season panned out.BBC News - Dec. 9 -
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 -
Give People What They Really Want: Digital Gifts
These creative annual subscriptions and unique apps won’t end up in the landfill.The Wall Street Journal - 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 -
The best books to give as gifts this Christmas
From a radical retelling of Huckleberry Finn to Al Pacino’s autobiography, novelists and nonfiction writers reveal the books they will be giving as gifts – and the volumes they would love to find ...The Guardian - 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 -
Bethell's sliding doors give England a decision
Jacob Bethell's serendipitous entry into Test cricket has left England with a decision to make, writes Stephan Shemilt.BBC News - Dec. 7 -
Real Madrid legend gives take on Mbappe situation
Former Real Madrid forward Ronaldo Nazario was recently chosen by FIFA to present the trophy for the Club World Cup. This prestigious piece symbolises the ultimate reward that the winner of the ...Yahoo Sports - Dec. 7 -
Bethell & Atkinson give England complete control
Jacob Bethell strokes 96 after Gus Atkinson's hat-trick as England take a stranglehold on the second Test against New Zealand.BBC News - Dec. 7 -
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 -
Charities see an uptick in giving. This Giving Tuesday, they can thank retirees for that.
Older Americans can still do a better job of donating in a tax-advantageous way, experts said.MarketWatch - 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 -
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 -
PM refuses to give further details of Haigh resignation
Conservative leader Kemi Badenoch asks the PM why he appointed a "convicted fraudster" to his team.BBC News - Dec. 4 -
This Giving Tuesday, Workplace Giving Could Be Getting a Boost
Celebrated the Tuesday after Thanksgiving, Giving Tuesday offers companies a chance to give back. Here’s a look at the state of workplace giving in 2024.Inc. - 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