Latest in Resign Fed Chief
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Fed Beige Book continues to point to sluggish economy
Nine out of 12 districts report flat or declining activity.Business - MarketWatch - October 23 -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
Trump’s victory means fewer Fed rate cuts
“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.Business - MarketWatch - Yesterday -
Trump Is Inheriting Booming Markets and a Decisive Fed
Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.Business - Inc. - 15 hours ago -
Trump is not expected to try to fire Fed Chair Powell
Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.Business - MarketWatch - 13 hours ago -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - 12 hours ago -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - 9 hours ago -
Here's what changed in the new Fed statement
This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.Business - CNBC - 10 hours ago -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - 7 hours ago -
‘They refused to let me go’: Japanese workers turn to resignation agencies to quit jobs
One in six workers has engaged a firm to hand in notice for them, as younger workers reject traditional work ethic. Mari was just two months into her new job when she decided she had had enough. ...World - The Guardian - October 19 -
Utah offensive coordinator Andy Ludwig resigns after Utes' third-straight loss
The Utes are now 1-3 in the Big 12.Sports - Yahoo Sports - October 21 -
Sinn Féin staffer resigns after painting in Belfast City Hall ‘removed and damaged’
Incident involving portrait of former DUP lord mayor was reported to PSNI, adding to pressure on Sinn Féin. A Sinn Féin assembly employee in Northern Ireland has resigned after admitting ...World - The Guardian - October 21 -
Lidia Thorpe shrugs off Dutton’s call to resign, saying she’s looking for ‘justice’ not re-election
Independent senator, who made international headlines for heckling King Charles about Indigenous injustices, says people should ‘get used to truth-telling’. Follow our Australia news live blog ...World - The Guardian - October 22 -
Supervisor Andrew Do in Southern California Resigns and Agrees to Plead Guilty in Bribery Scheme
Federal prosecutors said that Andrew Do, an Orange County supervisor, enriched himself and his family with federal pandemic aid meant for seniors.Top stories - The New York Times - October 23 -
Two more LA Times editorial board members resign after the paper withholds a Harris endorsement
Two more members of the Los Angeles Times editorial board have resigned after the newspaper’s owner blocked its plan to endorse Democratic Vice President Kamala Harris for presidentEntertainment - ABC News - October 25 -
Olympus shares drop over 5% after CEO resigns over drug allegation
The stock slid 5.3% on the Tokyo Stock Exchange following news of Stefan Kaufmann's resignation.Business - CNBC - October 28 -
Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier
Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.Business - CNBC - October 30 -
Mexico supreme court judges resign over reforms to allow voters to elect judiciary
Eight of the country’s 11 supreme court judges will stand down over reforms supported by President Claudia Sheinbaum. Eight of Mexico’s 11 supreme court judges have submitted their resignations ...World - The Guardian - October 31 -
8 of 11 members of Mexico's Supreme Court to resign in protest of controversial judicial overhaul
Eight justices of Mexico’s Supreme Court have said they will leave the court rather than stand for election as required by a controversial judicial overhaul passed last monthWorld - ABC News - October 31 -
8 of 11 members of Mexico's Supreme Court say they will resign in protest of controversial judicial overhaul
8 of 11 members of Mexico's Supreme Court say they will resign in protest of controversial judicial overhaulWorld - ABC News - October 31 -
OpenAI hires first chief economist
OpenAI hired its first-ever chief economist to examine the economic impacts of artificial intelligence (AI), the ChatGPT maker announced Tuesday. Aaron “Ronnie” Chatterji, a professor of business ...Politics - The Hill - October 22 -
Vance emerges as Trump's explainer-in-chief
JD Vance’s willingness to regularly take questions from mainstream news outlets has added an unofficial duty to his role as Donald Trump’s running mate: explainer-in-chief.Politics - NBC News - October 23 -
Ashley demands to be made Boohoo chief
Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stakeBusiness - Financial Times - October 24 -
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeWorld - Financial Times - October 15 -
Why you should open a CD before the November Fed meeting
The benefits of opening a CD could soon be waning. Here's why you should open one before the November Fed meeting.Top stories - CBS News - October 14 -
The Fed should beware declaring the war on inflation over prematurely
Wobbles in the bond market suggest investors think the US central bank turned too dovish too soonWorld - Financial Times - October 15 -
Meet Michelle Bowman, the Fed Official Cited by JD Vance
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.Business - The New York Times - October 15 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15 -
The bond market may be at risk from inflationary forces beyond the Fed’s control
Investors remain nervous about upside risks to inflation, such as the outcome of the Nov. 5 presidential election, that haven’t been priced into the bond market — and which policymakers may not be ...Business - MarketWatch - October 15 -
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
Top Trump economic adviser says big Fed rate cut was justified
Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins electionBusiness - Financial Times - October 18