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Stories published on Dec 11
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  • Stories published on Dec 11

Thursday, Dec 11

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Fed reappoints regional chiefs in move that allays Trump challenge fears

www.ft.com

Decision eases concerns that central bankers aligned with the US president would block them remaining in their roles

Moment fed-up curry boss plugs gaping pothole with 18-inch mega naan bread to shame council bosses

www.thesun.co.uk

A FED-UP curry house boss baked an 18-inch naan bread for a pothole- plugging stunt — and it survived a traffic pounding. Farhan Hussain came up with the idea to shame council bosses into fixing the roads. He said the maze of deep potholes…

The Fed cut rates, but bitcoin didn’t budge. What gives?

www.marketwatch.com

Bitcoin edged lower on Thursday, even after the Federal Reserve on Wednesday cut its policy rate by 25 basis points and signaled that it will begin injecting additional liquidity into short-term funding markets starting Friday.

Fed accelerates treasury purchases as Trump eyes unconventional debt strategy

www.naturalnews.com

(NaturalNews) Fed Resumes Risky Stimulus: The Federal Reserve plans $40B/month Treasury purchases, mimicking COVID-era money printing, risking hyperinflation an...

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Feds probe if tour bus driver in fatal crash was illegally issued NYS driver’s license: ‘It’s outrageous’

nypost.com

Tour bus driver Huang Yisong is accused of causing a fatal highway crash in Tennessee -- and the feds want to know how he got his license.

Fed votes to reappoint all of its regional bank presidents

www.cnbc.com

The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at in a move that came a bit earlier than usual.

Fed unanimously reappoints all regional presidents

www.americanbanker.com

The Federal Reserve Board of Governors voted Wednesday to reappoint all 12 sitting regional Fed presidents, without any dissents. The move precludes any effort the White House might have made to pressure the board to deny reappointments.

Duolingo, CoStar Prevail In Font Patent Fight At Fed. Circ.

www.law360.com

The Federal Circuit on Thursday refused to revive a pair of computer font patents challenged by Duolingo Inc. and CoStar Realty Information Inc., backing the Patent Trial and Appeal Board findings that the patents were invalid.

Cruise and other travel stocks keep climbing, with a little help from the Fed

www.marketwatch.com

Cruise stocks led the market higher Thursday, and shares of other travel companies also rallied, as the Fed’s rate cut helped boost the prospects of consumer spending on vacations.

Bitcoin Sinks Again—Is It Because Fed Members Want Fewer Cuts in 2026?

news.bitcoin.com

With an increasingly divided Fed, 2026 may turn out to be a year with only a single interest rate cut, according to the central bank’s own polling. Bitcoin Dip Linked to Hawkish Fed Shift for 2026 For the first time in more than six years,…

Trump Is a Better Forecaster Than the Fed

So the Fed did what everybody expected them to do, by cutting their target rate by a quarter of a point.

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