Federal Reserve Chair Jerome Powell talked about regulators' interest rate outlook in a speech at Spelman College on Friday, calling rate cuts a "premature" notion currently. Chicago Booth Professor and Former Fed Governor Randall Kroszner highlights certain misconceptions on rate cuts being taken from Powell's comments as the Fed continues fighting toward its inflation target. "It's going to take a while to get anywhere close to 2%, and I don't think they're cutting any time in advance of getting very close to that 2% goal," Kroszner explains. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Russia’s defense industry is scrambling to develop naval drones in a lagging effort to bridge the technological gap with Ukraine, the UK’s Defense Ministry reported on Dec. 1.
When human rights activist Ziv Stahl was awakened to the booms of rocket fire on October 7, while staying at her sister’s home in Kibbutz Kfar Aza, she did not for a moment anticipate the scale of the terrorist attack unfolding around her. Nor did she imagine the horror she would feel when she later called the police, who “basically told me no one is coming.”
Russian President Vladimir Putin has ordered the country’s military to increase its number of troops by 170,000, as Moscow’s invasion of Ukraine enters its 22nd month.
The actor paid tribute to the "Home Alone" films that launched his career and thanked fiancée Brenda Song, who was at the ceremony with their sons.
Nearly two months into the conflict, many Israelis have no idea if their relatives taken as hostages or lost in the chaos of 7 October are dead or alive.
Culkin shares his two sons with his fiancée Brenda Song
Stockport-born midfielder has broken through into first team and could be solution to Erik ten Hag’s midfield conundrum
“I’m sorry but mother has been getting kinda money greedy recently cause ain’t no way she needs to make it $20 to see one time she’s literally a billionaire,” one Swiftie tweeted.
In the sparkling cosmos of high fashion, a new star blazed brightly on an unforgettable night at the Louis Vuitton Men’s Pre-Fall 2024 Show in Hong Kong. The star of the evening was none other than Ridzman Zidaine, a young and ambitious model hailing from Malaysia. 23-year-old Ridzman Zidaine becomes first local model to open for Louis Vuitton Zidaine made a striking entry into the history books by being the first Malaysian to inaugurate a show for the globally renowned brand. He stood tall as t
The Dutch version of Endgame was pulled from the shelves, the publisher dismissing the edition containing the names as a ‘translation error’
‘This is one of the most racist things I’ve heard a celeb say in a very long time,’ one person wrote in response
The pop star stepped out to support Queen Bey at the London premiere for her concert film 'Renaissance: A Film by Beyoncé' on Thursday
It might not be the last we've seen of the villain
TikTok is brimming with videos of creators showing off armfuls of products. Now many say it's created a problematic culture of overconsumption that they're fighting against.
The supermodel version of "Sunday best."
Years after Mary Kay Letourneau and Vili Fualaau covered tabloids, a new film considers the life of a man who was preyed upon as a child and our fascination with it all.
The actor also gave a speech that concluded with his iconic Kevin McCallister line: "Merry Christmas, ya filthy animals."
“The Thundermans Return,” the Nickelodeon film continuation of the popular TV series, has dropped its first teaser trailer. “The Thundermans Return” premieres on Paramount+ and all Nickelodeon channels in March 2024. “A super new movie brings the return of one super superhero family,” the narrator says. The teaser can be seen below. “The Thundermans” aired …
Aitana, 25, a pink-haired woman from Barcelona, receives weekly private messages from celebrities asking her out. But this model is not real.