News Updates from December 18 Fed Cuts Rates But Hawkish Forecast Hits Stocks Uk Inflation Accelerates in November
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Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - 1d -
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.The New York Times - 4d -
NOAA and National Weather Service job cuts raise concerns about forecasts
A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.CBS News - 6h -
Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - 1d -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - 1d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 4d -
NSW and Queensland floods update: BoM defends forecasts after claim coastal community not properly warned
Bureau urged to review its systems after Fraser Coast mayor says Hervey Bay was pelted with 260mm of rain after being told it was not in firing line. Ex-Cyclone Alfred LIVE: latest news and ...The Guardian - 1d -
Should you open a home equity loan before the March Fed meeting?
With the Fed set to meet soon to determine interest rate policy, homeowners may be thinking of taking action now.CBS News - 1d -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - 1d -
Want to boost UK’s investment culture? Exempt stocks-and-shares Isas from IHT
I doubt the government will go for my idea, but it could increase investment in UK plc — and make people richerFinancial Times - 3d -
There’s a Fed put and a Trump put — but there might now be a C-suite put, as well
Companies may put a floor under stocks by switching to buybacks from capital expenditure, according to Citi strategists.MarketWatch - 1d -
These 13 growth stocks are expected to roar back from their declines so far this year
These companies are expected by analysts to increase revenue by at least double the rate of the S&P 500. Their stocks are expected to rise at least 29% over the next 12 months.MarketWatch - 1d -
Jim Cramer's top 10 things to watch in the stock market Tuesday
Delta and American both cut their earnings forecasts. Oracle showed the data-center buildout is continuing.CNBC - 12h -
More NOAA Employees May Be Let Go, Making 20% of Staff Cut
Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.The New York Times - 1d -
UK energy industry complains about 6pm Friday emails from regulator
Lobby group hits out at ‘unreasonable and unprofessional’ behaviour by OfgemFinancial Times - 20h -
Asia-Pacific markets trade mixed on tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - 45m -
Fox's Doocy presses White House spokesperson on stock trends, DOGE cuts
Fox News reporter Peter Doocy pressed White House press secretary Karoline Leavitt on Tuesday on how the struggling stock market might effect the administration's government reform efforts. "Is ...The Hill - 7h -
Latest news on stock markets plunging amid fears of a recession
U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...CBS News - 1d -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 2d -
Rocket League Season 18 Adds A Futuristic New Arena On March 14
Developer Psyonix has announced a futuristic theme for Rocket League Season 18, with this new season kicking off on March 14. The season brings a new battle pass, a high-tech new arena, more ...GameSpot - 1d -
Jakucionis' 3-pointer completes Illinois' rally for 88-80 win over No. 18 Purdue
Kasparas Jakucionis hit a 3-pointer with 40 seconds left to put Illinois ahead for good, and the Illini rallied past No. 18 Purdue 88-80ABC News - 3d -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 12h -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 4h -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 8h -
Substack surpasses 5 million paid subscriptions
Substack has reached more than 5 million paid subscriptions for the first time, the company said this week. The updated audience total comes just four months after the digital journalism and ...The Hill - 5h -
Sources: Pogba to wait for new club as ban ends
Paul Pogba's 18-month ban from football officially ended on Tuesday, but he has decided to delay joining a new club, sources have told ESPN.ESPN - 1h -
Jakucionis’ 3-pointer completes Illinois’ rally for 88-80 win over No. 18 Purdue
Kasparas Jakucionis hit a 3-pointer with 40 seconds left to put Illinois ahead for good, and the Illini rallied past No. 18 Purdue 88-80 on Friday night.Yahoo Sports - 3d -
‘Anchors, Under Your Desks!’: Tornado Hits Orlando TV Station
Crews at the Fox 35 station were on the air sharing updates about tornado warnings for Seminole and Volusia counties when one struck their news studio on Monday morning.The New York Times - 1d -
Stitch Fix’s stock rallies after styling service boosts full-year sales forecast
Shares of Stitch Fix rallied after hours on Tuesday, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as ...MarketWatch - 1h -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 2d -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - 3d -
Mass blackouts in storm-hit eastern Australia
Residents are warned power may not return for days as further heavy rainfall is forecast.BBC News - 2d -
Keir Starmer’s poll ratings leap after Trump withdraws support for Ukraine
Around 30% of voters say they prefer Labour for dealing with ‘allies against threats to the UK’ in boost to party leader. Keir Starmer’s approval ratings have shot up since Donald Trump returned to ...The Guardian - 3d -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 11h -
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.CNBC - 4d -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - 1d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 5h -
Trump and the Fed Sound More Optimistic About the Economy Than Investors
Traders are selling stocks even as Jerome Powell and the White House convey confidence about markets.Inc. - 1d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 11h -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - 1d
