1 week ago Recent immigration arrests at courthouses around the country have advocates worried

A flurry of immigration enforcement activity at courthouses around the country in the past month has renewed a legal battle from President Donald Trump’s first term

Events

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. ago Trump latest: Gold price hits new high after dollar plunges following president’s attacks on Fed chair Powell

The market shifts came after Trump claimed that the economy could slow unless Federal Reserve chair Jerome Powell immediately lowered interest rates

Politics

2 w. 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 US stocks and dollar sink as Trump renews attacks on Fed chair Powell

President has increased criticism of central bank head for not lowering rates sufficiently swiftly

Politics

3 w. ago Dollar and stocks weaken as Trump renews attacks on Fed chair Powell

US president has increased criticism of central bank head for not lowering rates sufficiently swiftly

Politics

3 w. ago Dollar weakens as Trump attack on Fed chair Powell rattles markets

Gold rises to fresh record while Swiss franc reaches 10-year high

Politics

3 w. ago Global economic growth will slow amid Trump tariffs, IMF warns – as it happened

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Events

3 w. ago Global economic growth will slow amid Trump tariffs, IMF warns – business live

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Economics

3 w. ago Trump attacks Fed chair over interest rates and says his termination ‘cannot come fast enough’

President, whose tariff policy has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policyBusiness live – latest updatesDonald Trump early on Thursday blasted the Federal Reserve chairman, Jerome Powell, for not lowering US interest rates and expressed a wish for him to be gone from his role.The US president lambasted Powell as “always too late and wrong” in a post on his Truth Social platform. Trump noted that the European Central Bank (ECB) was poised on Thursday to lower interest rates again, without mentioning that the body has been responding to the chaos caused by Trump’s initiatives on tariffs. Continue reading...

Politics