Dollar Rises But Fed Ratecut Bets Limit Gains
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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 - Jan. 6 -
Magdeburg Christmas market attack deaths rise to six
A 52-year-old woman has died in hospital from her injuries two weeks after the attack.BBC News - Jan. 6 -
Warring sides battle inside Russia as Moscow reports gains in Ukraine
Russia said on Monday its forces had made important gains in eastern Ukraine while continuing to fend off a new Ukrainian offensive inside the Kursk region of western Russia, where a second day of ...NBC News - Jan. 6 -
Monday will be a tougher test for the system, though snow could limit traffic.
The tolls were introduced just past midnight on Sunday. Officials are still assessing how they are affecting traffic patterns in New York City.The New York Times - Jan. 6 -
To Interact With the Real World, AI Will Gain Physical Intelligence
By grappling with the messy and unpredictable side of existence, machine learning can have impact beyond the digital.Wired - Jan. 6 -
‘A not so subtle misogyny’: Sargent portraits of ‘dollar princesses’ come to London
Portraits of wealthy American heiresses who married into British society will be shown at Kenwood in London. Margaret “Daisy” Leiter was just 19 when in 1898 she was painted by the most celebrated ...The Guardian - Jan. 6 -
How to maximize your 401(k) plan in 2025 with higher limits, bigger catch-up contributions
If you're eager to save more for retirement, you could be overlooking ways to maximize your 401(k) plan, including key changes for 2025. Here's what to know.CNBC - Jan. 5 -
Rise and shine with sunrise photographer Bugsy Sailor
Six years ago, Bugsy Sailor began photographing the sun every day rising upon Michigan's Upper Peninsula, capturing kaleidoscope colors, shoreline and sky, turbulence and stillness. His streak ...CBS News - Jan. 5 -
Days will get longer in January: Which cities will gain the most daylight?
Say goodbye to early sunsets: Our days are going to quickly get longer this month.The Hill - Jan. 4 -
Eye on America: First U.S. sub built with women in mind, and veterans gain business skills
In Virginia, we step aboard the USS New Jersey, the Navy’s first submarine designed with women in mind. And in Washington D.C., we spotlight a program that’s empowering veterans with business ...CBS News - Jan. 4 -
Secularists must remember that religion is on the rise
Western rationalists have always assumed that atheism is the logical end point of prosperity. But I’m no longer so sureFinancial Times - Jan. 4 -
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 -
Louisiana boy rewarded after giving away his only dollar
Nine-year-old Kelvin Ellis Jr. of Baton Rouge, Louisiana, had only $1 to his name, but chose to give it away to a man he mistook as homeless. That single act of generosity sparked a friendship he ...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 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Don’t bet against the Department of Government Efficiency on deregulation
DOGE, the new Department of Government Efficiency, is being criticized by insiders for its lack of regulatory expertise, but supporters argue that it can succeed by empowering agency insiders to ...The Hill - Jan. 3 -
Georgia bench-warmer Parker Jones collides with ref in loss to Notre Dame, gains internet infamy
A little-known University of Georgia football player accidentally stepped into the limelight Thursday, costing his team 15 valuable yards and earning a permanent spot in social media infamy.NBC News - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - 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 -
Rafael Campos the feel-good winner at Kapalua. New PGA Tour system might limit these tales
Rafael Campos might be the happiest player at Kapalua for The SentryABC 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 -
Saquon Barkley Skips Rush Record but Can Gain $3M With Bonuses
Saquon Barkley won’t break the NFL’s single-season rushing record, but he’s on pace to shatter his personal best earnings year. The Philadelphia Eagles running back was announced on the NFC’s Pro ...Yahoo Sports - Jan. 2 -
U.S. dollar index hits more than two-year high as markets brace for Trump return
Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.CNBC - Jan. 2 -
Dollar surges against the euro and sterling
US jobs data adds to investor confidence over strength of American economyFinancial Times - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...The Hill - Jan. 2 -
We're selling this stock for the first time in a year, locking in a nearly 1,000% gain
The last time we trimmed this stock was Jan. 2, 2024.CNBC - Jan. 2 -
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.The New York Times - Jan. 2 -
49ers overreactions: Is Purdy really worth top-dollar contract?
Matt Maiocco sifts through fan reactions -- and overreactions -- after the San Francisco 49ers' Week 17 loss.Yahoo Sports - Jan. 1 -
With Russia gaining ground and U.S. support uncertain, Ukraine faces a precarious year ahead
This year is shaping up to be a nail-biter for Ukraine.NBC News - Jan. 1 -
7 rising Democratic leaders to watch
Democrats are scrambling for a new leader to head the party and organize resistance to President-elect Trump following Vice President Harris’s loss in November's election. Several top names have ...The Hill - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
Wall Street ends 2024 on down note but made substantial gains for the year
Wall Street ended 2024 with stocks slipping, but NBC News' Brian Cheung reports that overall, the year was good for investors.NBC News - Dec. 31