- January 30th, 2026
President Donald Trump has injected fresh uncertainty into the race to lead the US central bank, signalling reluctance to nominate his top economic aide Kevin Hassett as the next chair of the Federal Reserve and reshaping market expectations about who...
President Donald Trump on Tuesday insisted he has no immediate plan to fire Jerome Powell, even as the Justice Department probes a renovation project at the US central bank. “I don’t have any plan to do that,” Trump told reporters,...
The Trump administration’s decision to open a criminal investigation into Federal Reserve Chair Jerome Powell has ignited an extraordinary political and economic backlash, with former central bank leaders, senior economists and prominent Republican lawmakers warning that the move risks undermining...
Asian markets fell broadly on Thursday (Dec 18), extending losses from Wall Street, as fresh worries over the technology sector’s massive spending on artificial intelligence weighed heavily on investor confidence and overshadowed hopes for a year-end rally. The cautious mood...
The U.S. dollar held close to a four-month peak against other major currencies on Tuesday as investors continued to support assets they believe will benefit from the anticipated policies of incoming President Donald Trump. Market trends reflected a renewed confidence...
Richard Russell, a ground service agent, intentionally crashed a plane from Seattle-Tacoma International Airport, causing despair among pilots. Despite rising incomes, people like Russell struggle to keep up with the soaring cost of living. Car prices have remained high after...
London The Bank of England and the US Federal Reserve have halted interest rate increases following a drop in UK inflation, which has eased concerns about price rises. The central bank kept its main interest rate at a 15-year high...