San Francisco Fed President John Williams calls Fed Chairwoman Janet Yellen a ‘great leader’ in reaction to Republican Donald Trump’s comment that he would replace her at the end of her term.

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BING NEWS:
  • CDs vs. high-yield savings accounts: What to consider if the Fed cuts rates
    Here's what you need to know — and which option you should focus on to be prepared if the Fed cuts rates. The Fed has indicated over the last few months that rate cuts could be on the horizon.
    04/19/2024 - 3:11 am | View Link
  • Fed policymakers agree: there's no urgency to cut rates
    in comments late on Wednesday, also said the Fed will likely cut rates "at some point," steering clear of the later "this year" language she - and Williams - had previously used. Speaking in Fort ...
    04/18/2024 - 12:13 pm | View Link
  • Fed's Williams: No urgency to cut rates
    New York Federal Reserve President John Williams said on ... data called for higher rates, Fed would hike." The US Dollar Index showed no reaction to these comments and was last seen rising ...
    04/18/2024 - 2:32 am | View Link
  • Powell says taking 'longer than expected' for inflation to reach Fed's 2% target
    The comments mark Powell’s first acknowledgment yet that sticky inflation data in the first quarter of this year are not showing the progress that the Fed needs to begin easing monetary policy.
    04/16/2024 - 2:55 am | View Link
  • Fed's Williams: Banks should be prepared to use discount window if needed
    NEW YORK, April 11 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday that banks need to be prepared to use the Fed's discount window before trouble arrives.
    04/11/2024 - 2:29 am | View Link
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  • In the face of bans, ByteDance tightens grip over US TikTok operations
    Ars Technica, Thursday - 04/25/2024 - 09:53 AM

    Enlarge (credit: FT/Getty Images) TikTok’s Beijing-based owner ByteDance tightened its grip over its US operations over the past two years, according to company insiders, even as momentum to ban the short-video app grew in Washington. The US government passed legislation this week aimed at forcing TikTok to divest from its parent or face a countrywide ban, but prising the viral video app from its $268 billion parent company would present a formidable challenge. More than two dozen current and former employees told the Financial Times that TikTok has only become more deeply interwoven with ByteDance as tensions over the app’s ownership escalated.

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  • If Starship is real, we’re going to need big cargo movers on the Moon and Mars
    Ars Technica, Thursday - 04/25/2024 - 09:28 AM

    Enlarge / The author tries not to crash a lunar rover. (credit: Eric Berger) As a SpaceX engineer working on the Starship program about five years ago, Jaret Matthews could see the future of spaceflight quite clearly and began to imagine the possibilities. For decades everything that went to space had to be carefully measured, optimized for mass, and serve an extremely specialized purpose.

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  • Qualcomm says lower-end Snapdragon X Plus chips can still outrun Apple’s M3
    Ars Technica, Thursday - 04/25/2024 - 08:26 AM

    Enlarge (credit: Qualcomm) Qualcomm’s Snapdragon X series of chips promises to be the company’s first that can go toe-to-toe with Apple Silicon, and the PC ecosystem is reacting accordingly. Microsoft reportedly plans for the Arm version of its next Surface tablet to be the flagship, and major apps like Chrome and Dropbox have recently released Arm-native Windows versions for the first time. Ahead of the chips' launch late this year, Qualcomm announced a new lower-end model destined for cheaper devices.

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  • New Colorado law reins in metro districts on home foreclosures, but some HOA reform bills face roadblocks
    Denver Post, Thursday - 04/25/2024 - 08:00 AM

    Colorado lawmakers have passed new legislation in a years-long effort to curb foreclosures by homeowners associations and metropolitan districts that are based on unpaid fines and fees. The reform bills — including one for metro districts that’s already been signed into law — have aimed to create new regulations for HOAs and metro districts by restricting foreclosure filings of the kind that hit thousands of homeowners in recent years.

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  • Palm OS and the devices that ran it: An Ars retrospective
    Ars Technica, Thursday - 04/25/2024 - 07:00 AM

    Enlarge (credit: Aurich Lawson) “Gadgets aren’t fun anymore,” sighed my wife, watching me tap away on my Palm Zire 72 as she sat on the couch with her MacBook Air, an iPhone, and an Apple Watch. And it’s true: The smartphone has all but eliminated entire classes of gadgets, from point-and-shoot cameras to MP3 players, GPS maps, and even flashlights.

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  • TikTok has promised to sue over the potential US ban. What’s the legal outlook?
    Denver Post, Wednesday - 04/24/2024 - 09:09 PM

    By WYATTE GRANTHAM-PHILIPS (AP Business Writer) NEW YORK (AP) — Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U. S. received President Joe Biden’s official signoff Wednesday. But the newly minted law could be in for an uphill battle in court. Critics of the sell-or-be-banned ultimatum argue it violates TikTok users’ First Amendment rights.

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