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(Bloomberg) — Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their commitment to extend large interest rate hikes into early next year. Most Read from Bloomberg The benchmark Selic will rise to 15% by June of 2025, according to a weekly central bank survey of economists published … Read more
For the last two weeks, the sports-media cognoscenti have gotten themselves all worked up about the NBA’s TV ratings, divining disaster from a few desultory sniffs through the early-season results. For some, the declines were symptomatic of a greater disorder originating from within the league itself, something egregious enough to effectively drive a fifth of … Read more
WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and … Read more
There is plenty of maneuvering in the standings to come in the final two weeks of the 2024 NFL regular season. Let’s start with the last game of Saturday’s NFL tripleheader and its postseason implications. The Los Angeles Rams can wrap up the NFC West via the strength of victory tiebreaker against the Seattle Seahawks … Read more
After last Sunday’s win over the 49ers, Dolphins wide receiver Tyreek Hill said that a couple of dropped passes in the game could be attributed to not having enough practice reps with quarterback Tua Tagovailoa this season. Hill’s comment made sense because he’s missed practice time with a wrist injury that has kept him on … Read more
(Bloomberg) — Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve. Most Read from Bloomberg The central bank in charge of protecting the world’s largest economy is “absurdly overstaffed,” Musk wrote on social-media platform X. The remarks were part of a thread that … Read more
This past May 17, Eric Heiden stood behind a lectern, shuffled some papers and addressed the U.S. speed skating community at an awards ceremony. “Well, were there any doubters last year that we weren’t going to be up here again with Jordan Stolz? I hope you eat your words,” Heiden said, drawing laughter from a … Read more
(Bloomberg) — New voters are set to rotate onto the Federal Reserve’s interest-rate-setting committee just as renewed inflation concerns inject a fresh layer of complexity into the central bank’s decision making. Most Read from Bloomberg The Fed lowered its benchmark policy rate by a quarter percentage point earlier this month, and signaled just two reductions … Read more
This Saturday marks the first time Viktor Arvidsson will play as a visitor against the Kings at the Crypto.com Arena since his time with Nashville. The Kings acquired him before the 2021-22 season, signaling a significant shift within the organization as Rob Blake aimed to compete for a playoff spot. Arvidsson joined an offseason that … Read more
(Bloomberg) — Mexico’s annual inflation slowed slightly less than expected in early December as services prices remained pressured, supporting the central bank’s cautious stance as it extends interest rate cuts. Most Read from Bloomberg Official data released Monday showed consumer prices rose 4.44% in the first two weeks of December from a year prior, just … Read more