Latest in Strong Fed’s Rate
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Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 53m -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - 59m -
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 - 1h -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 2h -
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 - 4h -
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. - 5h -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - 1d -
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 - 1d -
Strong earthquake strikes in China's Tibet region near border with Nepal
A strong earthquake shook a mountainous region in western China near Nepal on Tuesday morning, but there were no immediate reports of damage or casualtiesABC News - 1d -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 1h -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - 2h -
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 - 4h -
First-time NBA All-Stars? These hopefuls have strong cases
Let’s take a look at some contenders, including Victor Wembanyama, who could make their All-Star debuts this February.Yahoo Sports - 6h -
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 - 7h -
Strong winds fuel Eaton Fire in California, forcing evacuations
In Pasadena, California, the Eaton Fire prompted mandatory evacuations. It was the second brush fire that exploded on Tuesday, fueled by strong winds.CBS News - 7h -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - 9h -
Fast-moving wildfire destroys homes as strong winds hit southern California
Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...The Guardian - 18h -
Strong winds fuel rapidly expanding wildfires in Southern California
A combination of hurricane-force winds and dry vegetation is fueling wildfires that are rapidly spreading in Southern California. Thousands have had to evacuate, some forced to abandon their cars ...CBS News - 21h -
Source: City eye deal for £50m-rated Marmoush
Manchester City are exploring a deal to sign striker Omar Marmoush, a source has told ESPN, but accept that it will be difficult to prise him away from Eintracht Frankfurt.ESPN - 22h -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - 1d -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - 1d -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - 2d -
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 - 2d -
Men's basketball AP poll: Tennessee holds strong as Florida, Oklahoma finally drop
Tennessee is the last remaining undefeated team in the nation.Yahoo Sports - 2d -
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 - 2d -
7 ways to get a lower mortgage rate in 2025
Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.CBS News - 2d -
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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 - 2d -
Stock market manages strong start to 2025. But watch for these potential pitfalls.
Stock-market investors are just two days into the new year but managed to halt the slide that damped the end of a still stellar 2024.MarketWatch - 3d -
Start January Strong by Turning Post-Holiday Energy Into Small-Business Success
After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.Inc. - 3d -
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 - 4d -
E.V. Demand Leads Automakers to a Strong 2024 Finish
General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales.The New York Times - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
Baker Mayfield, Buccaneers on precipice of making NFL history with strong Week 18 performance vs. Saints
Mayfield and the Buccaneers have both had uneven stretches, but they're reaching their best run of sustained success together in 2024CBS Sports - 6d -
Fantasy Football Playoffs Week 18 Start 'Em & Sit 'Em: Zach Charbonnet finishes strong, plus sleepers
Plus start/sit decisions for every positionCBS Sports - 6d -
Iran’s brain drain is happening at an alarming rate
The country’s loss of human capital underscores systemic problemsFinancial Times - Jan. 1
