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POWELL COMMENTS
Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meetingAt an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. H...
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
Who is Bobby Charles? Former Bush administration official holds lead to win Maine GOP governor primary after ranked-choice runoffBobby Charles has won Maine's Republican gubernatorial primary. He secured victory after ranked-choice voting runoffs. Charles is an attorn...
Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truceGlobal central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, ...
US Stock Market: Trump backs Fed Chair Warsh after rate hold, softens tone on monetary policyUS President Donald Trump expressed confidence in Federal Reserve Chairman Kevin Warsh, a departure from his past criticisms of the central...
Kevin Warsh takes Fed pulpit with immediate challenges, longer-term agendaFederal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on mo...
California Gov. Gavin Newsom says Trump's DoJ is investigating him and his wifeCalifornia Governor Gavin Newsom accused the Justice Department of a politically motivated investigation targeting him and his wife, allegi...
US Stock Market: Fed Vice Chair Jefferson backs current rate stance ahead of June meetingFederal Reserve Vice Chair Philip Jefferson said the current US monetary policy stance remains appropriate as policymakers assess persisten...
Kevin Warsh takes over US Fed with a policy problem already in viewAn unfolding boom in artificial intelligence technology is reshaping the economy in ways Fed officials say could be profound for workers, c...
Warsh takes over Fed with a policy problem already in viewKevin Warsh takes charge as the new Fed leader. He faces a critical juncture for the economy and monetary policy. Inflation is high and cou...
Canadian billionaire Kevin O'Leary calls Gen Z 'idiots' for wasting money on coffee and sandwichesCanadian billionaire Kevin O'Leary urges young people to stop spending on daily coffee and sandwiches. He advises investing this money to b...
Super Mario Movie 3 shock: Why Nintendo is delaying Mario’s return after Galaxy’s massive $967M box office explosion | Release Window detailsWhile audiences wait for “Super Mario Movie 3,” fans can already revisit “The Super Mario Galaxy Movie” from home. The film is currently av...
Fed Minutes: More officials warned of rate hike scenarioFederal Reserve officials signaled a potential shift towards interest rate hikes if inflation persists above their 2% target. Many policyma...
US Stocks end lower on mounting inflation worriesU.S. stocks declined Friday as rising crude prices fueled global inflation fears, pushing Treasury yields higher and making equities less a...
US stocks today: Dow Jones crashes 500 points on mounting inflation worriesU.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The se...
US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome PowellKevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are ...
US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April dataChicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving...
US market today: Strong US jobs data complicates any Kevin Warsh push for lower ratesStrong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of of...
Gold steady as markets await Powell's comments on Iran war impactGold prices remained largely steady as investors awaited U.S. Federal Reserve Chair Jerome Powell's comments for insights into the economic...