Thousands fired in President Trump, Musk federal government purge
Thousands of probationary employees in the civilian workforce are at risk of losing their jobs as President Donald Trump and ...
Week Ahead for FX, Bonds: Fed Minutes, PMI Data in Focus; RBA Likely to Cut Rates
Minutes from the Federal Reserve’s January meeting will be closely watched for any comments on the likely impact of President Trump’s plans for widespread trade tariffs.
Trump May Have To Grapple with Returning Inflation
The post Trump May Have To Grapple with Returning Inflation appeared first on Reason.com.
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
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Congress Narrows in on Stablecoin Legislation: An Analysis of the STABLE and GENIUS Acts
The payment stablecoin (PS) legislative endgame is near. There is a clear imperative from the White House to prioritize ...
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Stocks Edge Up, Yields Fall as US Data, Tariff Risk Gauged
The pan-European STOXX 600 index closed down 0.24% but was able to secure its eighth consecutive week of gains, its longest ...
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Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
European Midday Briefing: Investors Await U.S. Inflation Data
With little in the way of economic data in Europe to stir markets, investors are looking stateside for their cues. Economists expect the consumer price index data due at 1330 GMT to show that U.S.
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Former Federal Reserve adviser indicted and arrested for alleged espionage in dealings with China
FILE - The Marriner S. Eccles Federal Reserve Board Building is seen in Washington, Nov. 18, 2024. (AP Photo/Jose Luis Magana, File) ...
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We do not know what exactly Elon Musk is doing to the federal government
Americans don’t know the full extent of what Elon Musk is doing as he embeds alongside President Donald Trump at the top of the federal government. What we know is that he’s the world’s ...