Politics
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Finance
Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade
Treasury Secretary Scott Bessent said in an interview on NBC News’ “Meet the Press” that Moody’s Ratings were a “lagging indicator” after the…
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Finance
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open…
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Finance
EToro IPO filing cites Israel-Hamas conflict as potential business risk
Yoni Assia, Co-Founder and CEO of eToro, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May…
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Finance
New York AG sues Capital One after Trump-led CFPB drops similar case
The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan.…
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Finance
Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market…
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Economy
Germany’s new economy boss has a plan — and it starts with risk, speed and big bets
Germany needs to take more risks and boost its stagnant economy with a decade of investment in infrastructure, German Minister…
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Finance
Trump downplays tariff talks: ‘We don’t have to sign deals’
“The Art of the Deal” author President Donald Trump said in a surprising comment Tuesday that the United States does not…
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Economy
U.S. payroll growth totals 177,000 in April, defying expectations
Job growth was stronger than expected in April despite worries over the impact of President Donald Trump’s blanket tariffs against…
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Finance
Musk says ‘eyebrow-raiser’ $2.5 billion Fed building expansion should be subject to scrutiny
Construction work is done around the Federal Reserve building on September 17, 2024 in Washington, DC. Anna Moneymaker | Getty…
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