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A shadow Fed chief could lead to a ārevoltā on the FOMC against Powellās successor, former vice chair warns
“If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be there...
Two workers for SECās EDGAR system charged with insider trading
Prosecutors alleged they pocketed $1 million by stealing non-public information obtained through their jobs. Two men who worked for the Securities and Exchange...
Senate eyes key vote on Trumpās tax bill, while Musk calls it āutterly insane and destructiveā
Not all GOP lawmakers are on board with proposals to reduce spending onĀ Medicaid,Ā food stampsĀ and other programs to help cover the cost of tax...
EU delays retaliatory tariffs on US goods due to hit Monday in hopes of reaching a deal with Trump officials
PresidentĀ Donald TrumpĀ sent a letter announcing newĀ tariffs of 30%Ā on goods from the EU and Mexico starting Aug. 1. The European Union will suspend retaliatoryĀ tariffsĀ on...
Markets canāt be bullied, and the US could face a financial crisis ahead of next yearās midterm elections, former IMF official says
“The days of the world letting America live beyond its means are rapidly coming to an end.” The dollarās plunge and goldās surge...
Elon Musk and some Democrats like Reid Hoffman actually share common ground on U.S. debt
LinkedIn cofounder and top Democratic donor Reid Hoffman said he’s “very sympathetic” to Musk’s core cause of reining in deficits. In another sign...
Dow futures sink as Trump keeps pushing tariffs while White House suggests Powellās job could be at risk
After Wall Street previously downplayed risks from President Donald Trump’s trade war, investors are starting to take his tariff threats more seriously. After...
Cybercrime is big business in Asia, and AI could be about to make things worse
Asia’s “mobile-first market” makes it easier for scammers to make a direct connection to their victims. Southeast Asia has become a global epicenter...
Employees are so worried and stressed about world affairs nearly 70% say itās hurting their productivity at work
Some 42% of employees say their stress is induced by fear and uncertainty in the world, and 68% report a dip in productivity....
Sam Altman slams Democratic Party, declares himself āpolitically homelessā in another sign of Silicon Valley shifting right
āIām not big on identities, but I am extremely proud to be American,ā Altman wrote, calling for a renewed emphasis on “techno-capitalism.” On...
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