Fed minutes show officials were in tight split over December rate cut
The Federal Reserve on Tuesday released minutes from its December meeting.

The Federal Reserve on Tuesday released minutes from its December meeting.
Housing is getting more affordable thanks to lower prices and lower mortgage rates, but it still takes more time to save for a down payment than pre-pandemic.
Companies have been spending big on AI infrastructure to support growing compute and connectivity needs.
The U.S. added silver to its nationally designated list of critical minerals in November.
China’s economy ended the year on a slightly less gloomy note as manufacturing, services and construction activity all improved in December.
Asia-Pacific markets were poised for modest gains on the holiday-shortened and final trading day of the year.
Chains like Starbucks, Wendy's and Denny's announced plans to close underperforming restaurants in 2025.
A provision from the 2022 Secure Act 2.0 is now in effect that allows limited penalty-free withdrawals from 401(k)s to pay long-term care insurance premiums.
In 1998, Karl Bushby set off on the "Goliath Expedition," a mission to walk around the world. Here's the number one lesson he learned about happiness.
California Rep. Ro Khanna is navigating a difficult environment as one-time supporters turn on him due to his support of a wealth tax.
Apple has one more chance to get AI right after its failure in 2025.
The sanctions come a day after President Donald Trump threatened Iran over attempts to rearm, and amid a monthlong pressure campaign against Venezuela.
Unitree G1 humanoid KOID said "only time will tell" if the AI boom is actually a bubble.
There's more room to run for four Club holdings after shattering records this year.
Hyphen aims to make service better and more efficient, and it has investors including Cava and Chipotle.
The precious metal rally continued Tuesday as gold and silver recovered from Monday's sell-off.
A proposal to tax California billionaires at 5% of their wealth could land on the California ballot in November.
The first 10 drugs subject to Medicare price negotiations go into effect on Jan. 1. Part D enrollees may see those drug costs drop by about half, AARP finds.
Meta Platforms has acquired Manus, a Singapore-based developer of general-purpose AI agents, capping a year of massive spending on artificial intelligence.
Analysts say copper's record-breaking run could continue next year, citing supply disruptions and masssive spending on artificial intelligence.
Ukraine has denied an allegation by Russia that it launched a drone strike on one of Russian President Vladimir Putin's "official residences."
British renewable energy startup Octopus Energy is set to spin out its AI tech unit Kraken Technologies, as an independent company valued at $8.65 billion.
The disruption brings one of Europe's busiest international rail corridors to a halt at the peak of the New Year travel season.
China has made the development of humanoid robots a strategic priority in its tech battle with the U.S.