Business
The Fed Can’t Fight the Kind of Inflation Americans Face
Blizzard warning: natural gas prices brace for volatile Sunday open
President Donald Trump used his press conference about the Supreme Court’s tariff ruling to criticize Federal Reserve Chair Jerome Powell, accusing him of keeping rates elevated for “political reasons.”
The president, discussing the national debt, told a group of reporters on Friday afternoon that Powell “likes high interest rates for political reasons,” before adding that “we’re going to have somebody very good” coming in to replace him, referring to Kevin Warsh, his nominee to replace Powell in May.
The Federal Open Market Committee voted in January to pause rate cuts after three successive quarter-point cuts, citing a stable labor market and still-elevated inflation. Warsh has publicly supported lower interest rates, arguing that productivity gains from artificial intelligence, deregulation and capital investment could allow inflation to recede without a downturn, opening space for a quicker succession of rate cuts.
Business
The Supreme Court Muddies the Tariff Waters. AI and Private Credit Still Have Markets on Edge.
The Supreme Court Muddies the Tariff Waters. AI and Private Credit Still Have Markets on Edge.
CoreWeave Stock Surges Ahead of Earnings. What It Needs to Keep the Rally Going.
Why Grail Stock Has Plunged 50% Despite Earnings Beat
Australia rejects report it is repatriating families of IS militants from Syrian camp
Trump Targets Netflix Board Over Susan Rice as WBD Deal Hangs in the Balance
Islamic State claims two attacks on Syrian army, announces ‘new phase’ of operations
Honeywell may walk away from Johnson Matthey catalyst deal, Bloomberg reports
North Korea holds third day of ruling party congress, Kim outlines five-year goals
Fans Revisit Alexandra Daddario’s Wedding After Divorce
Guides in spotlight as investigators probe deadly avalanche
Blizzard warning: natural gas prices brace for volatile Sunday open
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