5 h. ago Justice department opens investigation into Jerome Powell as Trump ramps up campaign against Federal Reserve

Fed chair accuses DoJ of threatening criminal charges over building renovation projects because central bank defied Trump’s interest rate demandsThe Department of Justice has opened a criminal investigation into Jerome Powell and the Federal Reserve, a significant escalation in Donald Trump’s extraordinary attack on the US central bank.Powell said the Department of Justice had served the Fed with grand jury subpoenas on Friday, threatening a criminal indictment related to his testimony before the Senate banking committee in June last year, regarding renovations to the Fed’s historic office buildings in Washington DC. Continue reading...

Politics

1 week ago Trump says he is considering a ‘gross incompetence lawsuit’ against Fed chairman over building renovation

President threatened to allow ‘a major lawsuit against Powell to proceed’ earlier this year

Politics

1 week ago Trump says he’d ‘love to fire’ Jerome Powell in latest attack on Fed chair

Trump also repeated false claims about renovation costs for the Fed headquarters during a Monday press conferenceDonald Trump launched another attack against Federal Reserve chair Jerome Powell on Monday, calling the central banker a “fool” and once again suggesting he would like to fire him.Trump launched his latest attack on Powell during a press conference with Israel’s prime minister Benjamin Netanyahu, repeating false claims about the cost of a renovation of the central bank headquarters, and told reporters that he might file a lawsuit against Powell for “gross incompetence”. Continue reading...

Events

2 w. ago Buying a London property: The red flag homes buyers should avoid in 2026

With renovation costs and service charges on the up, which homes should you be avoiding?

Society

2 w. ago Buying a London property: The red flag home buyers should avoid in 2026

With renovation costs and service charges on the up, which homes should you be avoiding?

Society

2 w. ago Something gnawed your oak tree? Sink hole in your road? How Zurich’s beaver hotline is reassuring residents

As the number of the semi-aquatic creatures soars so can tensions. But the Swiss have a tried and tested system to calm the neighbours and restore harmony“I hate beavers,” a woman tells the beaver hotline. Forty years ago she planted an oak tree in a small town in southern Zurich – now at the frontier of beaver expansion – and it has just been felled: gnawed by the large, semi-aquatic rodents as they enter their seasonal home-improvement mode.The caller is one of 10 new people getting in touch each week at this time of year. Beavers, nature’s great engineers, can unleash mayhem during winter as they renovate their lodges and build up their dams. For people, this can mean flooding, sinkholes appearing in roads and trees being felled. A single incident can clock up 70,000 Swiss francs (£65,000) in damages. Continue reading...

Politics