9 h. ago Interest rates are a sideshow in the battle over the Fed’s future

Trump and his economic advisers want to narrow the central bank’s mission dramatically

Events

2 w. ago Lisa Cook, the Federal Reserve governor battling Donald Trump

Economist’s legal showdown with the president will have sweeping implications for the US central bank

Politics

2 w. ago Liz Truss warns there is ‘a reckoning coming’ for central banks, and backs Trump in Fed battle; US growth revised higher amid AI boom – business live

Rolling coverage of the latest economic and financial news, as former PM criticises Bank of England and claims UK faces ‘economic doom loop’People in the UK: how have you been affected by the rise in food prices?The FCA’s investigation into Drax comes five months after the company’s former top lobbyist accused it of “misleading the public, government and its regulator” over its sourcing of wood for biomass pellets.In a claim for unfair dismissal, Rowaa Ahmar, Drax’s former head of public affairs, said evidence suggested Drax was “unable to prove that it only sourced sustainable wood for its biomass, and that it was in fact using unsustainable wood”. Continue reading...

Events

2 w. ago Liz Truss warns there is ‘a reckoning coming’ for central banks, and backs Trump in battle with Fed – business live

Rolling coverage of the latest economic and financial news, as former PM criticises Bank of England and claims UK faces ‘economic doom loop’People in the UK: how have you been affected by the rise in food prices?The FCA’s investigation into Drax comes five months after the company’s former top lobbyist accused it of “misleading the public, government and its regulator” over its sourcing of wood for biomass pellets.In a claim for unfair dismissal, Rowaa Ahmar, Drax’s former head of public affairs, said evidence suggested Drax was “unable to prove that it only sourced sustainable wood for its biomass, and that it was in fact using unsustainable wood”. Continue reading...

Events

2 w. ago Jack Draper battles past Federico Agustin Gomez to reach US Open second round

The fifth seed was pushed to four sets in his first match for nearly two months.

Events

2 w. ago Feds fight to keep 'Alligator Alcatraz' open amid legal battle as 3rd challenge is filed

The federal government has asked a Miami judge to pause her order to close an immigration detention center in Florida's Everglades, known as "Alligator Alcatraz."

Events

3 w. ago Powell to deliver Jackson Hole address under fire on multiple fronts

Federal Reserve chair is under bombardment from Trump and battling an insurgency within the central bank

Events