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Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Fetterman to be first sitting Democratic senator to visit Trump at Mar-a-Lago
Democratic Sen. John Fetterman of Pennsylvania has accepted an invitation from President-elect Donald Trump to meet with him at his Mar-a-Lago estate, multiple sources said.CBS News - Jan. 9 -
Bezos’s Blue Origin schedules, then delays first orbital launch
New Glenn launch is delayed until at least 12 January due to conditions in the Atlantic, where booster is slated to land. Jeff Bezos ’s Blue Origin announced it would launch its first orbital ...The Guardian - Jan. 9 -
Watkins, USC hand Terps first loss in top-10 clash
JuJu Watkins scored 21 points before fouling out in the final minute, and No. 4 USC held on to hand No. 8 Maryland its first loss Wednesday night.ESPN - Jan. 9 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - Jan. 9 -
5 things to watch ahead of DNC's first leadership race forum
The Democratic National Committee (DNC) is set to host four candidate forums this month as the party looks to replace outgoing Chair Jaime Harrison. Eight candidates are running to take the helm of ...The Hill - Jan. 9 -
First death confirmed from L.A.'s catastrophic Palisades fire
The Palisades blaze has become the city's most destructive in history. Strong winds and conditions are expected to worsen tonight.NBC News - Jan. 9 -
Chargers-Texans preview: Harbaugh looks to continue first-season success
The Texans struggled a bit in the second half of the season.Yahoo Sports - Jan. 8 -
Biden becomes great-grandfather, in likely presidential first
President Biden welcomed his first great-grandchild into the world on Wednesday after his granddaughter Naomi had a cesarean section birth in Los Angeles. Biden, 82, is believed to be the first ...The Hill - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
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. - Jan. 8