- January 30th, 2026
US Federal Reserve Chair Jerome Powell said on Sunday (Jan 11) that the Trump administration has threatened him with a criminal indictment over congressional testimony he delivered last summer, marking a dramatic escalation in the long-running conflict between the White...
United States President Donald Trump has signalled that he is close to announcing his pick for the next chair of the US Federal Reserve, setting the stage for a high-stakes confrontation between the White House and the central bank at...
The U.S. Federal Reserve reduced interest rates by a quarter-point on Thursday, unfazed by the political climate surrounding Donald Trump's election victory. The decision, which lowers the federal funds rate to a range of 4.50% to 4.75%, was met with...
The US Federal Reserve has a mixed legacy in Asia, one characterized by periods of financial turmoil linked to its monetary policy decisions. With a history that stretches back to the mid-1990s, the actions of the US central bank have...
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...