Latest in Trump says he won't fire Fed chief Jerome Powell
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Trump voices support for Hegseth, says he's "doing very well"
President-elect Donald Trump took to social media Friday to defend his embattled pick for secretary of defense, Pete Hegseth. CBS News political reporter Olivia Rinaldi has the latest on Hegseth's ...CBS News - 5d -
Musk signals he won't use growing influence to go after competitors
Elon Musk indicated Friday that he will not use his growing influence in the Trump administration to hurt or seek revenge on his industry competitors. In a post on his social platform X, Musk ...The Hill - 5d -
Trump’s pick for IRS chief would lead an agency he once wanted to scrap. Here’s how he might run it.
President-elect Donald Trump wants the Internal Revenue Service under new management, and experts say change is coming. The question is how deep it will go.MarketWatch - 5d -
Trump tariffs a bigger concern than martial law crisis, says Korean central bank chief
Governor highlights US president-elect’s threats and intensifying competition from Chinese exportersFinancial Times - 5d -
Jeff Bezos Says He’s ‘Optimistic’ About Trump’s Goal of Cutting Regulations
‘If I can help do that, I’m going to help him,’ the Amazon founder said of the incoming president’s deregulatory initiative.Inc. - 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 -
Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC 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 -
Jeff Bezos says he's optimistic about Trump, will help administration reduce regulation
Donald Trump and Jeff Bezos clashed frequently during the president-elect's first term in the White House.CNBC - Dec. 5 -
Eli Lilly Chief Says He Will Fight for the FDA, Challenging RFK Jr.’s Stance
The health care giant’s David Ricks defended the agency’s role in reviewing data and ensuring drug safety.The New York Times - 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 -
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 -
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 -
'I pulled him out': Trump pushes back on DEA pick saying he withdrew
Florida sheriff Chad Chronister announced Tuesday he was withdrawing his name from consideration to run the Drug Enforcement Agency.ABC News - Dec. 4 -
Ken Griffin, Top Republican Donor, Says He Voted for Trump
Mr. Griffin, who had previously derided Donald J. Trump as a “three-time loser,” said he voted for the president-elect.The New York Times - Dec. 4 -
Hegseth says he loves his mother as Trump considers switching defense secretary pick to DeSantis
Pete Hegseth's mother joined Fox News Wednesday morning to defend her son and dismiss a critical email she wrote years ago about his behavior toward women. CBS News congressional reporter Nikole ...CBS News - Dec. 4 -
Hegseth says he won't back down as questions about nomination mount
Pete Hegseth, President-elect Trump’s pick for Defense secretary, said Wednesday that he won’t back down amid growing scrutiny over his nomination. Hegseth posted a photograph of himself in the ...The Hill - Dec. 4 -
Trump's children won't have White House roles in his second term
As President-elect Donald Trump assembles a senior staff and Cabinet for his second administration, there are notable absences: his children.NBC News - Dec. 4 -
Canadian minister says Trump was joking when he said Canada could become the 51st state
A Canadian minister who attended a dinner between President-elect Donald Trump and Prime Minister Justin Trudeau says Trump was joking when he suggested Canada become the 51st U.S. stateABC News - Dec. 3 -
Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.
Campbell’s Co. on Tuesday said its current chief executive would depart to take on a leadership role for the Washington Commanders NFL team, and the soup and snack maker reported mixed ...MarketWatch - Dec. 4 -
Canada's Trudeau Says He Addressed Trade Irritants With Trump
In his first public comments about his dinner last week with President-elect Donald Trump, Canadian Prime Minister Justin Trudeau said he addressed trade issues related to steel, aluminum, energy ...The Wall Street Journal - Dec. 3 -
Trump says he will attend Notre Dame reopening in Paris this weekend
Notre Dame is set to reopen this weekend after a 2019 fire, with a grand celebration.CBS News - Dec. 3 -
AI won't replace humans making games, PlayStation boss says
The gaming giant's joint CEOs reflect on its past and future as it celebrates its 30th anniversary.BBC News - Dec. 3 -
Trump says he would block US Steel acquisition by Nippon Steel
President-elect Trump vowed to block Japanese Nippon Steel Corp.'s acquisition of U.S. Steel. "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this ...The Hill - Dec. 3 -
NATO's chief avoids talk of Ukraine's membership. He says the priority is helping Kyiv defend itself
NATO Secretary-General Mark Rutte has sidestepped questions about Ukraine’s possible membership in the military allianceABC News - Dec. 3 -
Police won't say if they have leads in JonBenét case but say it's 'obvious' they want to solve it
A week after the premiere of a Netflix docuseries on the unsolved death of JonBenét Ramsey, police maintained their dedication to finding the little girl’s killer but refused to say whether they ...NBC News - Dec. 3 -
Trump Says He Will Block Nippon Steel’s Acquisition of U.S. Steel
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.The New York Times - Dec. 3 -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3 -
Francesca Eastwood won't be charged with felony domestic violence, D.A. says
Francesca Eastwood, actor and director Clint Eastwood's daughter, will not be charged following her October arrest on suspicion of felony domestic violence.Los Angeles Times - Dec. 3 -
Trump says he's going to Paris in his first trip abroad as president-elect
President-elect Donald Trump on Monday announced plans to travel to Paris this weekend in what would be his first trip overseas since his November election win.NBC News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC 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 -
Man jailed for murdering girlfriend he set on fire
Leigh Pateman doused petrol over Ellen Marshall and deliberately set her on fire during an argument.BBC News - Dec. 2