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Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 49m -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 53m -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 1d -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 2h -
Judge weighs extending pause on Trump's "deferred resignations" for feds
The Trump administration has offered more than 2 million federal workers the option of resigning their positions and retaining full pay and benefits until Sept. 30.CBS News - 20h -
Musk on Ron Paul as Fed chairman: 'Great idea'
Elon Musk in a post on X appeared to back conservative commentator Charlie Kirk's suggestion that former Rep. Ron Paul (Texas) replace Jerome Powell as chairman of the Federal Reserve. “Great ...The Hill - 21h -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 1d -
Sunday shows preview: DOGE cuts leave feds reeling; Lawmakers race to finalize Trump budget bill
Tech billionaire and the anchor of the new Department of Government Efficiency (DOGE) Elon Musk saw his staffers attempt or succeed in accessing databases in various departments, supercharge a ...The Hill - 2d -
Paul rips 'money-hungry' Canelo for nixing fight
Jake Paul took to social media to blast Canelo Alvarez, calling him a "money-hungry squirrel" who "ducked" a fight with him to sign a lucrative deal with Riyadh Season.ESPN - 2d -
Jake Paul punches back at Canelo Alvarez, calling him a 'money-hungry squirrel'
Jake Paul punched back at Canelo Alvarez on Friday night, a day after the Mexican boxing icon passed up a speculated bout with the YouTube star and agreed to a four-fight deal with Riyadh SeasonABC News - 3d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 3d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 3d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d -
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.The New York Times - 4d -
Feds Halt the National Electric Vehicle Charging Program
The US government has ordered states to retract their plans to build hundreds of federally funded EV charging stations, according to a memo obtained by WIRED.Wired - 4d -
Paul Plishka, whose Metropolitan Opera career spanned 51 years, dies at age 83
Paul Plishka, a powerful bass with a ready smile and hearty laugh who sang 1,672 performances at the Metropolitan Opera over 51 years, has diedABC News - 5d