Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
“I think it will probably be appropriate soon to move to a slower pace of rate increases,” she told Bloomberg News in a live interview.
Trump D.C. hotel receipts reveal $10,500-a-night rooms for foreign officials seeking to influence U.S. policy
Bills for Malaysia, Saudi, UAE and Qatar governments show lavish spending at the hotel in 2017 and 2018 during sensitive times for those countries’ relations with the U.S.
Supreme Court allows Jan. 6 committee subpoena for phone records of Arizona GOP chief Kelli Ward
The Supreme Court denial of Kelli Ward’s request sets the stage for the Jan. 6 House committee to get her phone records.
Moderna says new Covid booster better against omicron BA.5, triggers immune response against BQ.1.1
Moderna found that the new booster triggered five times more antibodies against omicron BA.5 than the old vaccines in people with prior Covid infections.
Inflation expectations rebounded in October on record-high jump in gas outlook, NY Fed survey shows
Americans grew more worried about inflation in the October, with fears emanating primarily from an expected burst in gasoline prices.
Bezos urges consumers and business owners to reduce risk in the face of a likely recession
“Hope for the best, but prepare for the worst,” the Amazon founder said in a CNN interview.
Goldman Sachs expects inflation to ‘fall significantly’ in 2023
Inflation is likely to show a steep fall in 2023 while remaining above where the Fed feels comfortable, according to Goldman Sachs.
Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more
The stocks making the biggest moves in premarket trading include Hasbro, Oatly, Advanced Micro Devices, and more.
Trump-backed Doug Mastriano concedes in Pennsylvania governor’s race
The far-right Republican acknowledges Democrat Josh Shapiro’s victory and asks people “to give him the opportunity to lead and pray that he leads well.”
