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...
12hFinancial TimesPoliticsImpact
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
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...
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....
China has reported its trade surplus surged to a record of almost $1.2 trillion last year as exports to other countries made up for slowing shipments to the United States under President Donald Trump...
China's trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald ...
The latest purchase boosted the company’s Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply....
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...
According to Customs data, the surplus was boosted by trade gains in December, with exports climbing 6.6% from the year before, better than economists’ estimates and higher than November’s 5.9% year-o...
Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...
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...
“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial....
CEO and chief operating officer of subprime auto lender and retailer stand accused of misleading creditors on collateral...
Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000....
China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a s...
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...
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...
It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...
Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...
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...