News Updates from September 13 Investors Raise Bets on Halfpoint Fed Rate Cut Boeing at Risk of Cash Crunch
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Gilt investors warn Reeves she may need to raise taxes
Chancellor is trying to reassure bond market after UK borrowing costs rose to highest level since financial crisisFinancial Times - 55m -
Moderate Drinking Raises Health Risks While Offering Few Benefits
A federal analysis that will shape the influential U.S. Dietary Guidelines questions alcohol’s overall benefits.The New York Times - 2h -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - 12h -
A global bond sell-off is deepening as investors pare Fed rate-cut expectations
A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.CNBC - 15h -
Small-cap stocks face heightened risk with rate cuts in question, warns BofA
The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.MarketWatch - 1d -
Timberwolves vs. Wizards odds, line, prediction, time: 2025 NBA picks, Jan. 13 best bets from proven model
SportsLine's model has simulated the Washington Wizards vs. Minnesota Timberwolves matchup 10,000 times and revealed its NBA picks for MondayCBS Sports - 1d -
Wall Street stocks waver after robust US data puts brake on rate cut bets
Treasury yields rise to highest level since late 2023Financial Times - 1d -
Rockets vs. Grizzlies odds, score prediction, start time: 2025 NBA picks, Jan. 13 best bets from proven model
SportsLine's model just revealed its NBA picks for Houston Rockets vs. Memphis Grizzlies on MondayCBS Sports - 1d -
Knicks vs. Pistons odds, score prediction, time: 2025 NBA picks, January 13 best bets from proven model
SportsLine's model just revealed its NBA predictions for Detroit Pistons vs. New York Knicks on MondayCBS Sports - 1d -
Clippers vs. Heat odds, score prediction, time: 2025 NBA picks, Jan. 13 best bets from proven model
SportsLine's model just revealed its NBA picks for Miami Heat vs. Los Angeles Clippers on MondayCBS Sports - 1d -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 1d -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - 3d -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - 3d -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 4d -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 4d -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 4d -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - 5d -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - 5d -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - 5d -
Alabama football offseason news: Transfer portal, roster updates, recruiting, staff changes from Tide experts
The Bama247 team has its finger on the pulse of Alabama transfer portal news, recruiting, staff moves and more as Kalen DeBoer enters a critical second year in TuscaloosaCBS Sports - 5d -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - 5d -
Australian casino group Star faces cash crunch as shares tumble 28%
Money laundering penalties and cost of living crisis take toll on gambling operationsFinancial Times - 6d -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - 6d -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - 6d -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 6d -
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. - 6d -
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 - 6d -
Glass of milk a day cuts bowel cancer risk - study
Dark leafy greens, bread and non-dairy milks containing calcium were also found to offer protection.BBC News - 6d -
Why investors clinging to cash could lose money in U.S. debt-ceiling fight
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.MarketWatch - 6d -
Clip shows turbulence during flight in September 2024, not from Jeju Air plane before deadly crash
Yahoo News - Jan. 8 -
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 -
Cash incentives for GPs under Labour’s radical plan to cut NHS waiting lists
Doctors will be given £20 each time they consult with a specialist to see if there is an alternative to hospital visits. GPs will be offered financial incentives to discuss with specialists whether ...The Guardian - Jan. 5 -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - Jan. 5 -
How Much Alcohol Does it Take to Raise Your Cancer Risk?
The surgeon general cautioned the public on Friday that even light or moderate drinking is harmful.The New York Times - 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 -
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 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1