Latest in Term Fed Chair
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Mexico raises its still-low minimum wage by 12%, but it marks no increase in dollar terms
Mexico has decided to increase its still strikingly low daily minimum wage by 12% next yearABC News - Dec. 4 -
Center-left think tank president backing Wikler as next DNC chair
Third Way, a center-left think tank, backed Wisconsin Democratic Party Chair Ben Wikler in the upcoming Democratic National Committee (DNC) leadership race. “At Third Way, we represent the ...The Hill - Dec. 4 -
Why gold will likely beat stocks over the near term
Stocks and gold have produced nearly identical returns so far this year.MarketWatch - Dec. 4 -
Ukraine ceasefire terms come into focus as Trump returns
Potential paths to a ceasefire in Ukraine are coming into focus as President-elect Trump approaches Inauguration Day, with Ukrainian President Volodymyr Zelensky signaling his concessions to end ...The Hill - Dec. 4 -
Trump's children won't have White House roles in his second term
As President-elect Donald Trump assembles a senior staff and Cabinet for his second administration, there are notable absences: his children.NBC News - Dec. 4 -
‘I am acutely frightened’: artists talk of fears over a second Trump term
Figures in the art world including Amy Sherald and Marilyn Minter share their concerns ahead of Trump’s return. The Iraqi artist Vian Sora has seen the absolute worst that politics has to offer – ...The Guardian - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
New women's baseball league names 97-year-old AAGPBL alum honorary chair on advisory board
Former baseball pitcher Maybelle Blair will be an honorary chair on the advisory board of the Women’s Professional Baseball League, which last month announced plans to launch in 2026 as a six-team ...ABC News - Dec. 3 -
Black Republicans feel left out of Trump’s 2nd-term picks
As President-elect Donald Trump fills out his Cabinet and closest advisers, African American Republicans ask why more Black people haven’t been selected.ABC News - Dec. 3 -
DNC chair candidate: Democrats must be willing to 'recenter' agenda
Ken Martin, chair of the Minnesota Democratic-Farm-Labor Party (DFL) and a candidate for the Democratic National Committee (DNC) chair, argued the party must be willing to “recenter” its agenda ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
DNC chair minimizes November losses, argues Democrats have ‘robust’ foundation
Democratic National Committee (DNC) Chair Jaime Harrison minimized his party’s losses up and down the ballot in November and argued Democrats have a “robust” foundation to build on, going into ...The Hill - Dec. 3 -
Will a short-term or long-term CD be better for 2025?
Both offer unique benefits, but only one is arguably better heading into 2025. Here's what savers should know now.CBS News - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Maher on another Trump term: 'I'm s‑‑‑ting my pants. ... I may quit'
Comedian Bill Maher said in a podcast that he is tempted to quit his show, citing the prospect of President-elect Trump’s second term. “I’m s‑‑‑ting my pants,” Maher said. “I mean, I may quit ...The Hill - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.NBC News - Dec. 3 -
Biden needs to issue one more pardon before his term ends — for Donald Trump
Biden's pardon of Trump would not be to benefit Trump. Nor would it benefit Biden. Pardoning Trump would be an act of national nobility that benefits us all.The Hill - Dec. 3 -
Trump FCC chair pick talks how to 'smash the censorship cartel'
Carr's pick is teeing the FCC up for a likely clash with Big Tech and media companies he has accused of “censoring” conservative views.The Hill - Dec. 3 -
Democrats' chair says Trump's win forces party to reassess how it reaches voters
The outgoing Democratic National Committee chairman is downplaying his party’s November loss to President-elect Donald Trump and arguing Democrats avoided even greater losses that parties in power ...ABC News - Dec. 3 -
BlackRock launches active short-term money market ETF
Manager claims to be first to offer strategy in a Ucits-regulated ETF in EuropeFinancial Times - Dec. 3 -
Field grows in Democratic National Committee chair race
The field in the race to lead the Democratic National Committee is growing. Wisconsin Democratic Party Chair Ben Wikler and former Maryland Senate candidate Robert Houton jumped in on Sunday. CBS ...CBS News - Dec. 2 -
California legislators return for special session to prepare for new Trump term
California state legislators returned to the state capitol Monday to kick off a special session. Gov. Gavin Newsom called the session in November to prepare for the incoming Trump administration. ...CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Democrats don’t want a ‘product of the party machine’ leading them, says DNC chair candidate
State Sen. James Skoufis (D-N.Y.) joins Meet the Press NOW to discuss why he is running to be DNC chair and his hopes for rebuilding the party following November’s election loss.NBC News - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Should you open a long-term CD this December?
Long-term CD accounts have been beneficial for savers in recent years. But are they still worth opening this month?CBS News - Dec. 2 -
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 -
Life term for boy who shot mum dead through door
A teenager gets a life term for murdering Lianne Gordon, who he shot in the head through her front door.BBC News - Dec. 2