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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...

13hFinancial TimesPoliticsImpact

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

23hBusiness InsiderPoliticsImpact

Inflation held firm in December, testing Fed amid DOJ probe into Powell

Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell....

20hABC NewseconomicsImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

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...

4hBusiness InsiderPoliticsImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

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....

23hBusiness InsiderPoliticsImpact

Protesters say 'unliveable to be a farmer in France today' as they condemn Mercosur deal

French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...

22hFrance 24PoliticsImpact

Indonesia hails ‘99.9% successful’ free meals scheme amid food safety, oversight concerns

Indonesia’s ambitious free nutritious meals programme has fed more than 55 million people in its first year, a scale-up President Prabowo Subianto has hailed as a major step in tackling childhood maln...

21hSouth China Morning PostPoliticsImpact

Trump imposes 25% tariff on any country 'doing business' with Iran

US President Donald Trump ramped up economic pressure on the Iranian regime on Monday by announcing he was imposing import duties on the goods of any country that trades with Tehran. The move could fu...

23hFrance 24PoliticsImpact

Verizon gets FCC permission to end 60-day phone unlocking rule

Verizon can keep phones locked to its network for longer after the Federal Communications Commission agreed to waive the carrier's 60-day unlocking requirement, as reported by Ars Technica . Following...

16hThe VergeTechnologyImpact

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

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...

1dDecryptcryptocurrency

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