Powell sent senators details on $2.5bn Fed project following testimony
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
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Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...
The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...
Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume....
Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...
Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...
President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...
Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
Figure meets expectations but experts warn of distorted data...
Stellar Blade director and CEO of Shift Up Hyung-tae Kim has stated that without the use of AI, developers in smaller nations will struggle to keep up with studios in places like the U.S. and China. A...
Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
Bitcoin hits $93K as volume surges, but sellers dominate—will it reach $100K or face more pressure ahead?...
KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering....
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
UBS Group conveyed a sanguine outlook on Chinese stocks in 2026, as the world’s second-largest economy proved to be an important alternative for global investors seeking to diversify away from US equi...
US media reports say tariffs will be cut to 15 percent in exchange for TSMC investment....
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...