Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Trump Treasury secretary Scott Bessent relieves some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Dallas Fed's Logan signals rate cuts require US labor market cooling
Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for ...
When a Pro-Trump Crypto King Came Knocking, San Francisco Elites Locked the Door
A Bitcoin pioneer’s apartment purchase was rejected by the building’s residents after he was in escrow. The sellers — ...
cryptonews16h
Kraken Co-Founder Jesse Powell Sues Luxury Co-Op for Blocking Home Purchase Over Crypto Ties
Jesse Powell has filed a lawsuit against a San Francisco luxury co-op, alleging that it unlawfully blocked his attempt to ...
January jobs report expected to show hiring slowed, unemployment rate held steady to start 2025
The Bureau of Labor Statistics' monthly jobs report is slated for release at 8:30 a.m. ET on Friday. Economists expect ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
‘STOP ELON Act’ introduced by Tennessee lawmakers
If passed, SB 1128 would create a new offense of interfering with a person’s receipt of a loan, grant, or financial ...