Latest in Bessent: Powell can serve out remainder of term as Fed chair
Sort by
693 items
-
Tim Walz says he isn't ruling out bid for 3rd term as MN governor
After losing his bid for vice president on the Democratic ticket this November, Minnesota Gov. Tim Walz said he is not ruling out running for a third term in the state's top office.CBS News - 5d -
After losing bid for vice president, Gov. Tim Walz says he isn't ruling out a third term as Minnesota governor
After losing his bid for vice president on the Democratic ticket this November, Minnesota Gov. Tim Walz said he is not ruling out running for a third term in the state's top office.CBS News - 5d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 5d -
Marvel Rivals Is Out Now And You Can Get A Free Iron Man Skin If You’re Quick To Play It
Marvel Rivals has officially arrived, and the hero shooter is launching with 33 Marvel characters to start, with surely more to come in the future. But for players who are ready to dive into this ...GameSpot - 6d -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - 6d -
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.NBC News - 6d -
Bitcoin breaks $100,000, boosted by Trump’s crypto embrace and Powell’s remarks
Bitcoin stages a remarkable comeback two years after the implosion of FTX to hit this $100,000 milestone, helped along by Wall Street titans who bet on crypto’s future.MarketWatch - 6d -
What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000
Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.CNBC - 6d -
Fed Chair Jerome Powell and Billionaires Jeff Bezos and Ken Griffin Agree: The U.S. Must Grow Its Way Out of Debt
The three heavyweights weighed in on the economy, the debt crisis, and central banking at the 2024 DealBook Summit.Inc. - 6d -
Legendary drug lord released after serving 25 years in U.S. prison
Fabio Ochoa Vásquez and his brothers amassed a fortune when cocaine started flooding the U.S. in the late 1970s and early 1980s.CBS News - 6d -
-
Jeff Bezos says he is 'optimistic' about a new Trump term and can help with cutting regulations
Amazon founder Jeff Bezos says he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming yearsABC News - Dec. 4 -
Legendary Medellin cartel drug lord released from US prison after serving 25 years
One of Colombia’s legendary drug lords and a key operator of the Medellin cocaine cartel has been released from a federal prison in the U.S. and is expected to be deported back homeABC News - Dec. 4 -
Powell's debt warning
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell warns US on 'unsustainable' path Federal Reserve Chair Jerome Powell ...The Hill - Dec. 4 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chair Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a course correction days after the national debt topped $36 trillion for the ...The Hill - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Trump nominates Paul Atkins as SEC chair
President-elect Trump has nominated former Securities and Exchange Commissioner (SEC) Paul Atkins to replace outgoing chair Gary Gensler when he departs on Inauguration Day. “Paul is a proven ...The Hill - Dec. 4 -
Trump asks Whatley to return as RNC chair
President-elect Trump said Wednesday that he asked Michael Whatley to stay on for another term as chairman of the Republican National Committee (RNC) following the party's successful 2024 election ...The Hill - Dec. 4 -
Powell scores 30 and Harden has 23 as the Clippers beat the Trail Blazers 127-105
Norman Powell scored 30 points, James Harden had 23 and the Los Angeles Clippers beat the Portland Trail Blazers 127-105 on Tuesday nightABC News - Dec. 4 -
Democrats are checked out after their drubbing — here’s how they can reengage
Democrats were once masters of the populist message. If they want to rebuild after last month’s electoral disaster, they’ll need to reconnect with that part of their political psyche — fast.The Hill - Dec. 4 -
Ukraine ceasefire terms come into focus as Trump returns
Potential paths to a ceasefire in Ukraine are coming into focus as President-elect Trump approaches Inauguration Day, with Ukrainian President Volodymyr Zelensky signaling his concessions to end ...The Hill - Dec. 4 -
Salesforce earnings may serve as latest shot in the arm for software stocks
Salesforce’s stock rises after a revenue beat that could signal healthy spending trends in the industry.MarketWatch - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
Black Republicans feel left out of Trump’s 2nd-term picks
As President-elect Donald Trump fills out his Cabinet and closest advisers, African American Republicans ask why more Black people haven’t been selected.ABC News - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Will a short-term or long-term CD be better for 2025?
Both offer unique benefits, but only one is arguably better heading into 2025. Here's what savers should know now.CBS News - Dec. 3 -
Dana Dimel dies at 62: Ex-Houston, UTEP coach served as offensive assistant for Illinois in 2024 season
Dimel also served multiple stints as an assistant coach under the legendary Bill Snyder at Kansas StateCBS Sports - Dec. 3 -
Can we keep the Elon Musks of the world out of British politics? Only if we act now | Oliver Bullough
The tech billionaire is said to be considering giving $100m to Reform UK. That should jolt efforts to cap political donations. It is an inevitable consequence of the inequality inherent to the ...The Guardian - Dec. 3 -
5 Australians serving life sentences for drugs in Indonesia could soon return home
The remaining five Australians from the Bali Nine group who are serving life sentences for drug smuggling in Indonesia could be repatriated home this month as Indonesia and Australia put finishing ...ABC News - Dec. 3 -
Field grows in Democratic National Committee chair race
The field in the race to lead the Democratic National Committee is growing. Wisconsin Democratic Party Chair Ben Wikler and former Maryland Senate candidate Robert Houton jumped in on Sunday. CBS ...CBS News - Dec. 2 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Should you open a long-term CD this December?
Long-term CD accounts have been beneficial for savers in recent years. But are they still worth opening this month?CBS News - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2
