Latest in Slams Fed
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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 - Jan. 8 -
Canada's Conservative leader slams Trump's '51st state' idea
Pierre Poilievre, leader of Canada’s Conservative Party, shot back at President-elect Trump’s idea of making his country America’s 51st state. “Canada will never be the 51st state. Period. We are a ...The Hill - Jan. 7 -
Firefighters battle 770-acre Pacific Palisades blaze as high winds slam SoCal
Firefighters are battling a brush fire in the Pacific Palisades that quickly spread to 770 acres Tuesday and triggered mandatory evacuations amid warnings from weather forecasters of "extreme" ...CBS News - Jan. 7 -
Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - Jan. 7 -
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.CNBC - Jan. 7 -
Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.CBS News - Jan. 7 -
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 - Jan. 7 -
Can Djokovic win record 25th Grand Slam aged 37?
Novak Djokovic may be 37, but the 24-time Grand Slam champion can never be counted out as he aims to make more history in Melbourne.BBC News - Jan. 7 -
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 - Jan. 7 -
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 - Jan. 6 -
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. - Jan. 6 -
Heavy snow slams part of the U.S.
The northeast of the U.S. has already seen several inches of snow as temperatures fall and driving conditions worsen. CBS News Philadelphia's Nikki Dementri has more from Cape May, New Jersey, and ...CBS News - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 6 -
U.K.’s Starmer Slams ‘Lies and Misinformation’ After Elon Musk Attacks
Without naming Mr. Musk directly, Prime Minister Keir Starmer denounced the billionaire’s spreading of falsehoods about a child sex abuse scandal.The New York Times - Jan. 6 -
UK leader Starmer slams 'lies and misinformation' after attacks from Elon Musk
British Prime Minister Keir Starmer has condemned “lies and misinformation” that he says are undermining U.K. democracyABC News - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 3 -
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 - Jan. 3 -
Gingrich slams 'suicidal strategy' of rebel Republicans in Speaker vote
Former House Speaker Newt Gingrich (R-Ga.) criticized Republicans who refused to back House Speaker Mike Johnson's (R-La.) attempt to clinch the gavel again in the lower chamber. “Let’s be clear, ...The Hill - Jan. 3 -
Carville slams Democrats' use of 'NPR language' after Harris loss
James Carville slammed what the longtime Democratic strategist called “NPR language” that he said members of his party use as he evaluated why Vice President Harris lost the November election. ...The Hill - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise
Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company’s turnaround a “mirage,” after initially adding to gains that have topped 300% in the ...MarketWatch - Jan. 3 -
Trump comments on New Orleans attack, slams Biden
President-elect Donald Trump slammed the Biden administration and its immigration policies before more details emerged about the identity of the man who rammed his truck into a crowd in New ...CBS News - Jan. 2 -
New Orleans attack under investigation after driver slams into crowd, killing at least 15
A 42-year-old man intentionally drove a truck into a crowd in New Orleans' famous Bourbon Street on New Year's Day, killing at least 15 people and injuring dozens of others. The attack is being ...CBS News - Jan. 1 -
Security upgrade was underway when driver slammed into New Orleans crowd
Security barriers that were meant to keep vehicles away from New Orleans' famous crowded streets were being upgraded before the attack on New Year's Day. The protective barriers designed to block ...CBS News - Jan. 1 -
Man slams truck into crowd in New Orleans, killing 10 and injuring dozens
A man intentionally drove a pickup truck into a crowd on Bourbon Street as revelers were celebrating the new year, officials said. Sources told CBS News the driver is dead.CBS News - Jan. 1 -
Suspected driver who slammed truck into New Orleans crowd is dead, sources say
Two sources tell CBS News the driver is dead after a truck slammed into a New Orleans crowd early New Year's Day on the city's famed Bourbon Street, killing at least 10. Officials say the act was ...CBS News - Jan. 1 -
What's known about possible explosives, suspect after truck slams into New Orleans crowd
At least 10 people were killed early New Year's Day in New Orleans when a man intentionally slammed a truck into a crowd on Bourbon Street, officials said. CBS News' Nicole Sganga, Pat Milton and ...CBS News - Jan. 1