7 h. ago Contender to succeed Jay Powell blames Fed for ‘systematic errors’

Donald Trump ally Kevin Warsh says US central bank failed to contain worst inflationary bout in a generation

Politics

39 h. ago Who could be the new Pope? The cardinals who might become the next head of the Catholic Church

The late pontiff’s health concerns in recent years led to contenders to succeed him foreseeing a papabile ahead of his death

Politics

56 h. ago US stocks end higher after Trump soothes Fed independence worries

Wall Street stages relief rally after president says he has no plans to fire Jay Powell

Politics

61 h. ago Stock markets rise as Trump backtracks on high China tariffs and firing Fed chair

Weeks of tough talk from the US president, who now says he will be ‘very nice’ to China, had rattled investors Stock markets have risen around the world after Donald Trump said his tariffs on China would come down “substantially” and he had “no intention” of firing the chair of the US central bank, Jay Powell.Weeks of tough talk on trade from White House officials have rattled investors and Trump now appears to be softening his tone. The president told reporters in Washington on Tuesday he planned to be “very nice” to China in trade talks and that tariffs could drop in both countries if they could reach a deal, adding: “It will come down substantially, but it won’t be zero.” Continue reading...

Politics

63 h. ago S&P 500 climbs 3% after Trump soothes Fed independence worries

Wall Street extends rally after president says he has no plans to fire Jay Powell

Politics

63 h. ago S&P 500 climbs 2.5% after Trump soothes Fed independence worries

Wall Street extends rally after president says he has no plans to fire Jay Powell

Politics

66 h. ago Global stocks gain after Trump soothes Fed independence worries

Wall Street set to extend rally after president says he has no plans to fire Jay Powell

Politics

4 d. ago US stocks and dollar sink as Donald Trump renews attacks on Fed chair Jay Powell

Currency sell-off intensifies after president steps up criticism of central bank head for not cutting rates

Politics

3 w. ago Big Tech, banks and small caps end week in bear market territory

Fed chief Jay Powell warns that Trump’s levies will slow US growth and increase inflation

Economics

3 w. ago Wall Street’s S&P 500 sinks more than 5% as tariff gloom deepens

Fed chief Jay Powell warns that Trump’s levies will slow US growth and increase inflation

Politics