Jan 30 What economic experts think about Trump's choice of Kevin Warsh for Fed chair By Hannah Grabenstein Experts appear to view Warsh’s nomination with “cautious relief,” said Mark Gertler, a professor of economics at New York University. Continue reading
Jan 30 Trump names Kevin Warsh, former Federal Reserve official, as next Fed chair to replace Powell By Christopher Rugaber, Associated Press President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agency that could bring it closer… Continue reading
Jan 29 Trump threatens tariffs on any country that sells oil to Cuba, putting pressure on Mexico By Michelle L. Price, Megan Janetsky, Associated Press President Donald Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba, a move that could further cripple an island plagued by a deepening energy crisis. Continue reading
Jan 29 Trump says he'll announce Federal Reserve chair pick next week By Associated Press President Donald Trump said his pick will do a "good job" and that he wants the Fed to cut rates when there are signs of economic growth. Continue reading
Jan 29 Microsoft weighs on Wall Street as gold's price suddenly snaps back By Stan Choe, Associated Press The worst day for Microsoft in years is pulling the U.S. stock market away from its record heights on Thursday. Continue reading
Jan 28 Months after hearing arguments, the Supreme Court has yet to decide on Trump's tariffs By Mark Sherman, Lindsay Whitehurst, Associated Press When the Supreme Court granted an unusually quick hearing over President Donald Trump's tariffs, a similarly rapid resolution seemed possible. But nearly three months have elapsed since arguments in the closely watched case, and the court isn't scheduled to meet in public for… Continue reading
Jan 28 WATCH: Trump, Bessent, Nicki Minaj and others speak at 'Trump accounts' launch event By Makiya Seminera, Moriah Balingit, Associated Press A U.S. Treasury event Wednesday brings together an assortment of politicians and celebrities — from Texas Republican Sen. Ted Cruz to rapper Nicki Minaj — to discuss the program and its potential impact on the economy. Continue reading
Jan 27 WATCH: Powell holds news conference after Federal Reserve leaves interest rate unchanged By Christopher Rugaber, Associated Press The central bank said in a statement that there are signs the job market has stabilized while it also said growth was “solid,” an upgrade from last month’s characterization as “modest.”… Continue reading
Jan 27 Iran's crackdown has killed at least 6,159 people, activists say By Jon Gambrell, Associated Press Many others still are feared dead, activists said Tuesday, as a U.S. aircraft carrier group arrived in the Middle East to lead any American military response to the crisis. Iran's currency, the rial, meanwhile fell to a record low of… Continue reading
Jan 27 WATCH: Trump gives speech on energy and the economy as Minnesota shooting fallout continues By Seung Min Kim, Hannah Fingerhut, Michelle L. Price, Associated Press President Donald Trump on Tuesday made his first big pitch ahead of this year's midterm elections on his administration's economic performance, even as his White House remains mired in the fallout in Minneapolis over a second fatal shooting by federal… Continue reading