Business Update
A divided Fed is meeting with incomplete data.
A divided Fed is meeting with incomplete data. Source link
As the Price of Beef Soars, Restaurants Are in ‘Code Red’ Mode
Midpriced steakhouses and fine-dining establishments are trying to figure out how to cover their rising costs without scaring away customers. Source link
Holiday spending shows effects of an uneven economy
Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items. Source link
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. Source link
Trump’s Search for Powell’s Replacement Adds to Cacophony Around Interest Rate Decision
The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank. Source link
Tony Dokoupil Is Named Anchor of ‘CBS Evening News’
He replaces John Dickerson and Maurice DuBois in one of the most high-profile decisions of Bari Weiss’s early tenure as the network’s editor in chief. Source link
Sophie Kinsella, ‘Confessions of a Shopaholic’ Author, Dies at 55
Writing under a pseudonym, Madeleine Wickham cultivated an international following for her series centered on a young woman addicted to shopping. Source link
Why Markets Are Getting Anxious About the Fed
The central bank is widely expected to lower its benchmark lending rate on Wednesday. But investors are worried about what comes afterward. Source link
Fed Divisions Will Cloud Interest Rate Decision at Final 2025 Meeting
The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution. Source link