President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His statements, made…
Category:
Editor’s Pick
-
-
Editor's Pick
Inflation picks up again in June as tariffs slowly work their way through U.S. economy
by adminConsumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price…
-
Editor's Pick
Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
by adminThe Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according…
-
Editor's Pick
Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
by adminLONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh,…
-
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee…
-
Editor's Pick
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
by adminPresident Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had…
-
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American cereals,…
-
Editor's Pick
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
by adminBoeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737…
-
Editor's Pick
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
by adminAmazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly…
-
Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The Alphabet-owned company said that, beginning…