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FED CHAIR AUDITION
Three reasons the Fed will stand pat on interest ratesAmidst Trump's calls for lower interest rates, the Federal Reserve is expected to maintain its current monetary policy due to tariff uncert...
Elon Musk exposes ‘Magic Money Machine’: World's richest man claims 14 computers run US Treasury like a rogue ATMElon Musk has criticised the U.S. government's financial practices, calling the existence of “magic money computers” a major problem. Speak...
Regulators circle FTX as rival exchanges try to calm investorsThe implosion of FTX, once a darling of the crypto industry with a $32 billion valuation as of January, has spurred investigations by the U...
European shares open sharply lower as Fed hints at higher peak ratesThe Fed delivered its fourth straight 75 basis point rate hike on Wednesday, with Chair Jerome Powell flagging that future hikes may come i...
Jerome Powell’s hawkish pivot at Jackson Hole to roil Asian market open on MondayFriday’s US slump further shriveled a global bounce in shares from June bear-market lows that was predicated partly on bets of a Fed shift ...
Asian shares rise as hopes for audit deal boost China techIn the currency markets, the dollar was little changed against a basket of major currencies. The commodity-exposed Australian and New Zeala...
FedEx appoints COO Raj Subramaniam as CEOIn addition, R. Brad Martin, Chair of the Board’s Audit Committee, is now non-executive Vice Chairman of the Board. As Vice Chairman of the...
Indian American Raj Subramaniam to be new CEO of FedEx"Raj is an accomplished and proven leader, and he has the full support of the board. He has more than 30 years of global experience across ...
Raj Subramaniam to become President, CEO of FedEx CorporationSubramaniam was elected to the FedEx Board of Directors in 2020 and will maintain his seat on the Board. Prior to his role as President and...
Stocks dive on surging inflation, Ukraine risks; China markets sell-offAsian shares extended a global slump on Friday after the fastest U.S. inflation in four decades and a hawkish European Central Bank (ECB) b...
What, me worry? Fed chief's emotional tone can drive markets, study suggestsNew research using artificial intelligence and voice analytics rates Powell as the most negative of the last three chairs of the US central...
Awaiting Janet Yellen at Treasury: Yet another daunting crisisIf confirmed, Yellen would become the first woman to lead the Treasury Department in its nearly 232 years. She would inherit an economy wit...
Market Movers: What changed for D-Street while you were sleepingWall Street's main stock indexes ended slightly lower on Tuesday, though not far from record highs.
Market Movers: What changed for D-Street while you were sleepingCheck out what all might matter on Dalal Street all through the day.
Check out! This is what a Trump-branded Federal Reserve might look likeDespite the mix of praise and criticism, Trump Economic Advisor Judy Shelton, claims that his administration will respect the Fed's indepen...
Regardless of who wins in US, Federal Reserve may face makeoverThe Republican nominee has slammed it for keeping interest rates low, which he claims is designed to help cement President Barack Obama’s l...
GOP's plan to strip New York Federal Reserve of a crucial role in policy makingGOP lawmakers want to strip the New York central bank branch of its permanent FOMC status and reduce its standing on the committee.