Fed's Waller opens door to half-point rate hike in December

The Hill - Nov 10, 2026

Christopher Waller, a member of the Federal Reserve board of governors, said Tuesday he may support a half-point interest rate hike next month depending on what economic data indicates. During the Bank of England Watchers’ Conference, Waller said that “even if” inflation data for October is an improvement over September, he is “leaning toward” supporting...

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IRS reveals 2027 tax brackets, standard deductions: What to know

Nov 10, 2026

IRS reveals 2027 tax brackets, standard deductions: What to know

The changes are part of the IRS' annual inflation adjustments.

Data Show Households Still Managing to Meet Their Monthly Debts

Nov 10, 2026

Data Show Households Still Managing to Meet Their Monthly Debts

The New York Fed detailed general steadiness in debt payments for autos, student loans and mortgages.

Exxon moves toward return to Venezuela

Nov 10, 2026

Exxon moves toward return to Venezuela

Oil giant ExxonMobil has taken a major step toward returning to Venezuela to produce oil. The firm has signed a memorandum of understanding with the South American nation to evaluate opportunities for drilling there. “We welcome the opportunity to evaluate potential upstream opportunities with the Venezuelan government and PDVSA,” said a spokesperson for the firm,...

Anthropic seeks valuation of up to $1.4 trillion for IPO

Nov 10, 2026

Anthropic seeks valuation of up to $1.4 trillion for IPO

Anthropic is seeking a valuation of up to $1.4 trillion for its blockbuster initial public offering (IPO) expected later this month. In a new filing with the Securities and Exchange Commission (SEC), Anthropic said it is planning to sell 825 million shares between $70 and $78 a share. If the company lists shares at the...

Average cost of gas drops to less than $4 per gallon for first time since July

Nov 10, 2026

Average cost of gas drops to less than $4 per gallon for first time since July

The national average for the cost of gas dropped to less than $4 per gallon on Tuesday for the first time since July, as prices soared in the months following the start of the Iran war. According to AAA, the average price of gas hit $3.98 per gallon, the first time in 114 days that...

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

Nov 10, 2026

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

House Minority Leader Hakeem Jeffries (D-N.Y.) backed an effort Monday to pass new restrictions on China's access to advanced AI chips through an annual defense bill amid a scandal over Nvidia CEO Jensen Huang's relationship with an alleged Chinese spy. Jeffries, who could become Speaker in the next Congress, said he "strongly supports" chip restrictions...

Ainsworth eyes Trophy progress after Barrow blow

Nov 10, 2026

Ainsworth eyes Trophy progress after Barrow blow

Gareth Ainsworth is determined to get Gillingham into the knockout stages of the EFL Trophy as they look to bounce back from Saturday’s humiliation.

Prices rose slightly in October: BLS

Nov 10, 2026

Prices rose slightly in October: BLS

Prices increased slightly from September to October, new data from the Bureau of Labor Statistics (BLS) showed Tuesday. The consumer price index (CPI) increased 0.4 percent from September to October. But the BLS was unable to provide data on where overall prices stood relative to October 2025 because of the record-long government shutdown that...

Senate advances bipartisan permitting reform bill, teeing up passage

Nov 9, 2026

Senate advances bipartisan permitting reform bill, teeing up passage

The Senate voted Monday to advance a major bipartisan bill that aims to speed up the construction of energy and other infrastructure projects — clearing a key hurdle toward the measure becoming law. The vote was 73-25, teeing up likely Senate passage in the weeks ahead. Sen. Mike Rounds (S.D.) was the only GOP no...

U.S. Commerce Dept. Inquiry Into Megaspeed Was Halted After Nvidia Intervention

Nov 9, 2026

U.S. Commerce Dept. Inquiry Into Megaspeed Was Halted After Nvidia Intervention

An investigation into Megaspeed, a Singapore company that was buying advanced Nvidia A.I. chips, was transferred to the Justice Department after a top Nvidia executive reached out to Commerce Department officials.

Trump says he 'will not approve wind turbines' despite support for permitting reform bill

Nov 9, 2026

Trump says he 'will not approve wind turbines' despite support for permitting reform bill

President Trump on Monday said he would not approve new wind turbines despite his support for a permitting reform bill that seeks to ease the passage of all forms of energy, including wind. Trump told reporters during a press briefing Monday that he was “behind” the bipartisan Senate legislation “100 percent.” But, asked if he...

Trump announces special envoy for manufacturing

Nov 9, 2026

Trump announces special envoy for manufacturing

President Trump on Monday announced a special envoy for manufacturing in a post to Truth Social. “I am proud to announce that David MacNeil, the GREAT American entrepreneur and founder of WeatherTech, will be the Special Envoy for Manufacturing!” Trump said in his Monday afternoon post. “David has built an incredible American company that makes...

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