Latest in Won't Fire Fed
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Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 18h -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - 2d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 9h -
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - 12h -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 15h -
Feds collected records of congressional staff, reporters in Trump-era leak probes
The Justice Department failed to follow internal policy and ignored protections when seeking records from members of Congress, dozens of congressional staffers and members of the media, a watchdog ...CBS News - 1d -
NY AG won't toss multimillion-dollar Trump civil fraud judgment
The New York attorney general's office said Tuesday it will not drop its multimillion-dollar civil fraud case against President-elect Trump, despite his request. Deputy Solicitor General Judith ...The Hill - 1d -
'We've been through an incredible transition' - O'Neil 'won't give up'
Wolves boss Gary O'Neil remains inistent that he can turn the club's fortunes around and avoid relegation despite a third defeat in a row.BBC News - 2d -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - 2d -
Supreme Court won't hear case over Hawaii's rules for handguns
The Supreme Court on Monday declined to take up a Hawaii man's appeal of his prosecution for carrying a handgun without a license.CBS News - 2d -
Trump says he won't stop administration from seeking retribution
Trump also told "Meet the Press" the Jan. 6 committee members should be jailed.ABC News - 2d -
A Sidelined Sitting President: South Korea's Leader Won't Run the Country
The ruling party and prime minister will handle state affairs, not Yoon Suk Yeol, after he briefly imposed martial law. The opposition calls the arrangement illegal.The Wall Street Journal - 3d -
Rivals won't slip up like Cucurella - Maresca
Chelsea boss Enzo Maresca says his side are ahead of where he expected, and does not think they are ready to be title contenders.BBC News - 3d -
Trump 'can't guarantee' tariffs won't raise prices for consumers
President-elect Trump in a new interview that aired Sunday said he couldn't guarantee Americans would not pay more because of tariffs he has pledged to impose on imported goods. Trump, in an ...The Hill - 3d -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - 3d -
Donald Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump says he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026, during an exclusive interview with Meet the Press.NBC News - 3d -
Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.NBC News - 3d -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - 4d -
Vance: Hegseth will get Senate hearing, won't be abandoned
Vice President-elect JD Vance (R-Ohio) on Friday said he and President-elect Trump are standing by Pete Hegseth, the embattled nominee to lead the Department of Defense, and told reporters he was ...The Hill - 5d -
Musk signals he won't use growing influence to go after competitors
Elon Musk indicated Friday that he will not use his growing influence in the Trump administration to hurt or seek revenge on his industry competitors. In a post on his social platform X, Musk ...The Hill - 5d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 5d -
Arsonists Set Fire to Melbourne Synagogue
Witnesses saw two people pouring accelerant in the synagogue early Friday, the police said. Australia’s prime minister condemned the attack as antisemitism.The New York Times - 5d -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - 6d -
Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC News - 6d -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Hegseth says he won't back down as questions about nomination mount
Pete Hegseth, President-elect Trump’s pick for Defense secretary, said Wednesday that he won’t back down amid growing scrutiny over his nomination. Hegseth posted a photograph of himself in the ...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 -
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 -
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 -
Cease-Fire Between Israel, Hezbollah Teeters as Sides Exchange Fire
The flare-up in fighting highlights the ambiguities within the deal over how the cease-fire should be enforced.The Wall Street Journal - Dec. 3 -
Why Israel and Hezbollah Are Still Firing Amid a Lebanon Cease-Fire
Some violations of the truce, and some amount of violence, are to be expected, analysts say, and do not necessarily mean the deal will collapse and war will resume anytime soon.The New York Times - Dec. 3 -
AI won't replace humans making games, PlayStation boss says
The gaming giant's joint CEOs reflect on its past and future as it celebrates its 30th anniversary.BBC News - Dec. 3 -
Francesca Eastwood won't be charged with felony domestic violence, D.A. says
Francesca Eastwood, actor and director Clint Eastwood's daughter, will not be charged following her October arrest on suspicion of felony domestic violence.Los Angeles Times - Dec. 3 -
Hezbollah and Israel Trade Fire, Further Testing Cease-Fire
Both sides have accused each other of violating the deal; Hezbollah fired into Israel for the first time since the truce took effect, and Israel responded with airstrikes.The New York Times - 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 -
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 -
Lions' Dan Campbell unconcerned Jahmyr Gibbs accidentally leaked info on social media: 'It won't affect us'
Gibbs posted a picture of himself standing in front of a whiteboard in the team's running backs roomCBS Sports - 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