Top Fed official warns progress on taming US inflation ‘may be stalling’

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 - 1h

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 - 3h

UK facing ‘widening gap’ in ability to fight cyber threats, warns top agency

Number of incidents at top end of scale of severity tripled last year, including attack that took down London hospitals

Financial Times - 20m

Dollar climbs after Trump’s Brics tariff threat and French political woes

Currency on course for biggest daily rise since November 5 US presidential election

Financial Times - 1h

May I Interest You in Le Merch?

A new Parisian start-up is selling merch — a word “you can’t even translate into French” — for some old-school establishments.

The New York Times - 23h

Long-time NFL official Dale Hamer dies at 87

Dale Hamer, a long-time NFL game official and then a replay official, has died.

Yahoo Sports - 6h

FirstFT: Nato chief Mark Rutte’s warning to Trump

Also in this newsletter, China’s chip industry hit with new US export controls, and Indian steelmaker JSW to launch own EV brand

Financial Times - 2h

Huge sinkhole is still growing, council leader warns

It could be months until evacuated residents are able to return to their homes, one homeowner says.

BBC News - 5h

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. - 5h

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 - 2h

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 - 3h

What is a presidential pardon and how has it been used in the US?

The US is somewhat unique in letting its chief executive pardon without having to get signoff – here’s what to know. Joe Biden’s decision to pardon his son Hunter on Sunday for any federal crimes ...

The Guardian - 3h

Israel Builds Bases in Central Gaza, a Sign It May Be There to Stay

In recent months, soldiers have demolished more than 600 buildings to create a buffer area and expanded a network of bases, a New York Times analysis of satellite imagery and video footage shows.

The New York Times - 14h

US-Best-Sellers-Books-PW

US-Best-Sellers-Books-PW Week ending 11/23/2024

ABC News - 4h

Images of new electric Jaguar car leak out before official Miami unveiling

Spokesperson says firm aware of pictures circulating online – but it is unclear how accurate they are. Leaked images of Jaguar’s much-hyped electric concept car have appeared hours before the ...

The Guardian - 5h

Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There

A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.

Inc. - 5h

Lawmakers warn against Trump's Kash Patel pick for FBI director

Democrats in Congress are decrying President-elect Donald Trump's pick for FBI director. Trump announced he wants Kash Patel to take over the job but current FBI director Christopher Wray is still ...

CBS News - 4h

Trump warns of 'hell to pay' if Hamas doesn't release hostages

President-elect Trump on Monday threatened to unleash “hell” in the Middle East if hostages held by Hamas in the Gaza Strip are not released before his inauguration Jan. 20, underscoring urgency to ...

The Hill - 3h

Trump warns of ‘hell to pay’ if Israeli hostages not released by January

US president-elect’s comments come as Gaza ceasefire talks fail to make progress

Financial Times - 2h

Back budget or Wales could lose £1bn, FM warns

Eluned Morgan warns Wales could lose significant funding if opponents do not help her pass a budget.

BBC News - 1h

College basketball rankings: UConn remains in AP Top 25 poll; Kentucky, Tennessee move into top five

The Huskies fell from No. 2 to No. 25 in this week's AP Top 25 rankings

CBS Sports - 5h

Falcons' Michael Penix Jr. era may begin sooner than we thought after Kirk Cousins' latest stinker

Cousins threw four terrible interceptions on Sunday, and his immobility post-Achilles tear is plainly holding the offense back amid a playoff push. With a top-10 pick waiting in the wings, his seat ...

Yahoo Sports - 1d

WNBA season to tip May 16 with expansion Golden State Valkyries opening at home that night

An expanded WNBA with more games and a new franchise will tip off on May 16

ABC News - 5h

Raskin launches challenge to Nadler for top Democratic spot on Judiciary panel

Rep. Jamie Raskin (Md.) launched a bid to be the top Democrat on the House Judiciary Committee on Monday, challenging Rep. Jerrold Nadler (D-N.Y.) for the post on the powerful panel. The ...

The Hill - 5h

Jamie Raskin challenges Jerry Nadler for top Democratic spot on House Judiciary panel

Rep. Jamie Raskin, who served as the lead Democratic prosecutor in Donald Trump's second impeachment trial, will challenge Rep. Jerry Nadler for House Judiciary chairman.

NBC News - 3h

3 Top CEOs Share Their Best Cash-Flow Tips

How the executives behind UrbanStems, Luminary, and FinCore stay on top of their business’s budgets.

Inc. - 1h

Former SEC commissioner Atkins emerges as a top contender for chair

Politico - 5d

Kansas holds off Auburn for No. 1 in AP Top 25 as SEC grabs 3 of top 4 spots; UConn slides to No. 25

Kansas continues to hold the No. 1 ranking in The Associated Press Top 25 men’s college basketball poll

ABC News - 2h

TCU, Duke climb into top 10, Notre Dame drops in women's AP Top 25; UCLA and UConn remain 1-2

TCU has its best ranking ever in The Associated Press Top 25 women’s basketball poll after a convincing win over Notre Dame

ABC News - 2h

TCU, Duke climb into top 10 of Top 25 women's college basketball poll; Notre Dame drops, UCLA and UConn still 1-2

ABC News - 7h

Democrats press Biden to limit Trump's ability to use military domestically

Democratic Sens. Elizabeth Warren (Mass.) and Richard Blumenthal (Conn.) sent a letter to President Biden and Defense Secretary Lloyd Austin this week calling for a policy directive that would ...

The Hill - 6h

2 safe ways to use home equity this December (and 2 dangerous ones)

Home equity can be a helpful source of funding (or a dangerous one) if used in these ways this December.

CBS News - 4h

Top Fed official warns progress on taming US inflation ‘may be stalling’

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