U.S. World Business Lifestyle
Today: April 25, 2026
Today: April 25, 2026

Jerome Powell

Business|Crime|Economy

Treasury Secretary Scott Bessent is reportedly unhappy with criminal investigation of Fed Chair Jerome Powell

CNN This Morning examines why some Republicans are calling the criminal investigation of Jerome Powell an "unwelcome distraction"

Treasury Secretary Scott Bessent is reportedly unhappy with criminal investigation of Fed Chair Jerome Powell
Business|Economy|Finance|US

Inflation cooled slightly in December though it remains above Fed's target

Inflation declined a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly easing

Inflation cooled slightly in December though it remains above Fed's target
Business|Economy|Finance|Stock Markets|US

JPMorgan Chase profits rise 9% in the fourth quarter excluding hit from the Apple Card acquisition

JPMorgan Chase is reporting a 9% rise in adjusted profits for the fourth quarter, benefiting from a strong economy in both consumer and investment banking

JPMorgan Chase profits rise 9% in the fourth quarter excluding hit from the Apple Card acquisition
Business|Economy|Finance

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake

The investigation follows Fed Chair Jerome Powell’s refusal to toe the White House’s line over interest rate cuts.

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake
Business|Crime|Economy|Political

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence

The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell has sparked a backlash that may undermine the White House’s goals

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence
Business|Economy|Finance|Stock Markets

The Latest: Minnesota and the Twin Cities sue federal government to stop immigration crackdown

Minnesota and the Twin Cities are suing the federal government to stop surge by federal immigration authorities

The Latest: Minnesota and the Twin Cities sue federal government to stop immigration crackdown
Business|Economy|Finance|Stock Markets|World

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed

Wall Street ticked to more records after bouncing back from early losses taken because of worries about the worsening feud between the White House and the Federal Reserve

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed
Business|Economy|Finance|World

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed
Business|Crime|Economy|Finance|Political|Stock Markets|US

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
Business|Economy|Finance|Political|Stock Markets|US|World

The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports

The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%
Business|Economy|Finance|Stock Markets|World

Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months

Federal Reserve cuts key rate, sees healthier economy next year
Business|Economy|World

Takeaways: Powell says the Fed has delivered enough rate cuts for now

Takeaways: Powell says the Fed has delivered enough rate cuts for now

Takeaways: Powell says the Fed has delivered enough rate cuts for now
Business|Economy|Finance

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
Asia|Business|Economy|Finance|Stock Markets|US|World

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high

The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high
Business|Economy|Finance|Stock Markets|World

A far from quiet end to the year 

A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. What matters in U.S. and global markets today. 

A far from quiet end to the year 
Business|Economy|Finance|Stock Markets|Technology

Wall Street ends lower as yields climb; crypto stocks drop

U.S. stocks closed modestly lower on Monday, weighed down by a jump in Treasury yields and economic data that showed tariffs remained a drag on the

Wall Street ends lower as yields climb; crypto stocks drop
Business|Economy|Finance|Stock Markets|World

Wall St opens lower ahead of Powell speech, manufacturing data

Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome

Wall St opens lower ahead of Powell speech, manufacturing data
Business|Economy|Finance|Political|Stock Markets|US|World

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list
Business|Economy|Finance|Political|World

Good chance Trump may unveil Fed pick by Christmas, Bessent says

U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S.

Good chance Trump may unveil Fed pick by Christmas, Bessent says
Business|Economy|Finance|Stock Markets

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting

Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates in the face of too-high inflation that's steady at best and by

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting
Business|Economy|Finance|Political|Stock Markets|US

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates
Business|Economy|Finance|World

Many Fed policymakers at last meeting were opposed to December rate cut

A divided Federal Reserve cut interest rates last month even as policymakers cautioned that doing so could risk entrenched inflation and a loss of public

Many Fed policymakers at last meeting were opposed to December rate cut
Business|Economy|Finance|World

Fed minutes: Most officials supported more rate cuts but not necessarily in December

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday

Fed minutes: Most officials supported more rate cuts but not necessarily in December
Business|Economy|Political|World

Trump again criticizes Fed's Powell, says 'I'd love to fire his ass'

U.S.

Trump again criticizes Fed's Powell, says 'I'd love to fire his ass'
Business|Economy|Finance|Political|Stock Markets|World

Amundi's Mortier worried about Fed independence, cautious on megacap stocks

Damage to the independence of the U.S.

Amundi's Mortier worried about Fed independence, cautious on megacap stocks
Business|Economy|Finance|Political|Stock Markets|US|World

Fed minutes expected to detail a policy divide that may be deepening

The minutes of the U.S. central bank's October 28-29 meeting could provide more insight on Wednesday into the depth of the divide that has emerged among

Fed minutes expected to detail a policy divide that may be deepening
Business|Economy|Finance|World

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat

Sharp disagreements over economy threaten Federal Reserve interest rate cut
Business|Economy|Finance|Political|US

Trump says his administration has started interviews for next Fed chair

U.S.

Trump says his administration has started interviews for next Fed chair
Business|Economy|Finance|World

Top asset manager DWS warns of global risks if US restricts dollar access

Executives at DWS, one of Europe's largest money managers, are thinking through the potential impacts in the unlikely event that the U.S.

Top asset manager DWS warns of global risks if US restricts dollar access
Business|Economy|Finance|Stock Markets|World

Trading Day: Fed hopes melt, stocks sink

Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar

Trading Day: Fed hopes melt, stocks sink
Business|Economy|Finance|Stock Markets|US|World

Fed's December rate cut looks increasingly like a toss-up

Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a

Fed's December rate cut looks increasingly like a toss-up
Business|Economy|Finance|World

Fed's Miran repeats call for less restrictive monetary policy

Federal Reserve Governor Stephen Miran on Wednesday repeated his view that data showing inflation running above 2% is backward-looking and should not be taken at face value, and again

Fed's Miran repeats call for less restrictive monetary policy
Business|Economy|Europe|Finance|World

ECB's Lagarde replaces Fed's Powell on two key BIS committees

European Central Bank President Christine Lagarde is to take over from Federal Reserve chief Jerome Powell as head of two of the Bank for International Settlements' key economic

ECB's Lagarde replaces Fed's Powell on two key BIS committees
Business|Economy|Finance|World

Fed to cut rates again in December on weakening job market, say most economists: Reuters poll

The U.S.

Fed to cut rates again in December on weakening job market, say most economists: Reuters poll