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Fed's Powell: Strong hiring could force further rate hikes

Federal Reserve Chair Jerome Powell said Tuesday that if the U.S. job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects

Federal Reserve Chair Jerome Powell said Tuesday that if the U.S. job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects. Powell’s remarks followed the government’s blockbuster report last week that employers added 517,000 jobs in January, nearly double December’s gain. The unemployment rate fell to its lowest level in 53 years, 3.4%.Powell made his remarks in an appearance at the Economic Club of Washington. Read moreFed's Powell: Strong hiring could force further rate hikes

Scoring King: James passes Abdul-Jabbar for NBA points mark

LeBron James is the NBA’s new career scoring leader

LeBron James is the NBA’s new career scoring leader. With a stepback jumper with 10.9 seconds left in the third quarter of the Los Angeles Lakers' game Tuesday night against Oklahoma City, James pushed his career total to 38,388 points and broke the record that Kareem Abdul-Jabbar held for nearly four decades. Abdul-Jabbar became the league’s all-time leading scorer on April 5, 1984 and wound up retiring in 1989 with 38,387 points. The game stopped for a ceremony after James broke the record and he had tears in his eyes as he thanked the crowd, Abdul-Jabbar, NBA Commissioner Adam Silver and others. James finished with 38 points in the Lakers' 133-130 loss and stands at 38,390. Read moreScoring King: James passes Abdul-Jabbar for NBA points mark

Winning on the PGA Tour is big. Winning at historic sites like Pebble Beach or Riviera is even better. Justin Rose and Joaquin Niemann know the feeling. Their victories are a year apart. They also are at different stages of their careers. Both spoke passionately about the value of winning. Niemann wound up going to Saudi-backed LIV Golf. Rose would have seemed to have reason to go. But the 42-year-old stayed put. His objective was to target the majors. That meant qualifying for them. He was assured a spot only in the U.S. Open this year. And then he won at Pebble Beach, securing a spot in the Masters. Read moreColumn: Rose about majors over money heading into twilight

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