Global News Aggregator
Shares of Trump Media & Technology Group — the former and possibly future president’s eponymous social-media company — have lost around half their value since going public last month. It’s…
Biden loyalist and senior Democratic Rep. Jim Clyburn was on air Wednesday insisting that talk of rising inflation is “disinformation” when an anchor broke in to say the Labor Department…
The latest US inflation data is “along the lines of what we would like to see,” Federal Reserve Chair Jerome Powell said Friday in comments that appeared to keep the…
Federal Reserve chairman Jerome Powell is not known for his resolve. It’s the main reason why the new and emerging consensus among Wall Street Fed watchers is that he will…
Rising income expenses pushed the Federal Reserve system deep into a record loss last year, the central bank said in preliminary figures released on Friday. Fed income after expenses came…
Federal Reserve Chair Jerome Powell risks clearing the way for Donald Trump to win the presidency in 2024 if he doesn’t immediately start cutting interest rates, a top progressive lawmaker…
US employers added a surprisingly strong 199,000 jobs last month, a signal that the economy’s momentum has continued despite the Federal Reserve’s rate-hiking campaign. November’s payroll gain was above the…
Jamie Dimon said central banks 18 months ago got their economic forecasts “100% dead wrong” — and said it doesn’t matter whether the Fed hikes rates again this year. The…
For an economist as I am, Federal Reserve Chair Jerome Powell’s press conferences have become ever more painful to watch. It’s not because of Powell’s polished answers to the journalists’…
President Joe Biden is desperately maneuvering to avoid any serious spending restraints in debt-limit talks, but voters clearly don’t want the ceiling raised without cuts. A new CNN poll (yes,…