Business
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this week A US Federal Reserve rate cut this…
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Feds
News
House speaker: D.C. crime emergency extension unneeded if locals cooperate with feds
Congress won't extend President Trump's expiring D.C. crime emergency declaration that has given the federal government power to take over…
News
Feds bust migrant smuggling ring that charged Cubans up to $40,000 to sneak into U.S.
Federal prosecutors said they have busted a lucrative and massive migrant smuggling ring that brought thousands of Cubans to the U.S.…
News
Double-dip: Senator demands crackdown on feds pocketing unemployment checks and salaries
A Labor Department employee is the latest federal worker to be accused of claiming unemployment benefits while holding down a full-time…
News
Prosecutors Fail to Indict D.C. Man Who Threw Sandwich at Feds
President Trump’s Justice Department has failed to charge the D.C. Sandwich Guy with a felony. On August 13, former DOJ paralegal Sean…
News
Furious Trump’s Firing of Fed’s Lisa Cook May Be About to Backfire
Guess what: We may soon learn more on this front. Cook just announced that she’s suing to challenge her firing, and people with experience…
Business
Global markets sink as Trump announces he’s firing the Fed’s Lisa Cook
Shares sank Tuesday in Europe and Asia after President Donald Trump announced he was firing Federal Reserve Governor Lisa Cook. The…
News
Gold hits two-week high as US dollar slips after Trump fires Fed’s Cook
Markets are now pricing in an 83% chance of a quarter-point rate cut at the Fed’s Sep 17 policy meeting, according to the CME FedWatch…
Business
US Fed’s Jackson Hole exposes hard road ahead for central bankers
The US Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick…
Business
US Fed’s Alberto Musalem says more data is needed to decide whether a September rate cut is warranted
St Louis Fed president Alberto Musalem said on Friday (Aug 22) that he will need more data before deciding to support a rate cut at the…
Business
Tesla is slow in reporting crashes. The feds want to know why
Federal auto safety regulators are investigating why Tesla has repeatedly broken rules requiring it to quickly tell them about crashes…
Business
Europe: Shares steady with Fed’s summit in focus; US-EU lock in trade deal
EUROPEAN equities were subdued on Thursday as investors awaited updates from the Federal Reserve’s Jackson Hole symposium, while the…
Business
US Fed’s top regulatory official suggests allowing central bank staff to own small amounts of crypto products
The US Federal Reserve’s top regulatory official suggested on Tuesday (Aug 19) that central bank staff should be permitted to own small…
Business
STI rises 0.7% ahead of US Fed’s meeting
Across the broader market, gainers beat losers 269 to 217, with 2.1 billion securities worth S$1.7 billion changing hands Singapore stocks…
Business
Gold holds steady as investors eye Fed’s Jackson Hole meeting
Gold prices were little changed on Tuesday (Aug 19) as investors focused on the Federal Reserve’s Jackson Hole meeting later this week,…
News
Feds charge clinic staff with blocking arrest of migrant
Federal prosecutors in Los Angeles announced criminal charges Friday against two staffers at a California clinic who were captured on…
Business
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest…
Business
Fed’s New York president says tariff economic impact is only just starting
US Federal Reserve Bank of New York President John Williams said that monetary policy is in the right place to allow central bankers to…
Business
Fed’s Logan says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday she expects it will take until the fall to understand the effect of tariffs…
News
50 Cent Trolls Diddy After Mixed Trial Verdict: ‘Diddy Beat the Feds. That Boy a Bad Man’
Sean “Diddy” Combs’ longtime rival 50 Cent posted a message on Instagram after the jury in Combs’ criminal trial delivered a split…
Business
Big banks pass Fed’s stress test, setting stage for payouts
[WASHINGTON, DC] A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to…
News
Feds charge illegal immigrant TdA gang member with attempted murder of agent
A Venezuelan illegal immigrant with ties to Tren de Aragua tried to choke an ICE agent to death, federal prosecutors said, calling it the…
News
Fed’s Powell says he expects to see more tariff-driven price hikes in coming months
Federal Reserve Chair Jerome Powell said on Wednesday goods price inflation will pick up over the course of the summer as President Donald…
Fashion
Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains
Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were…