News
Federal Reserve governor Stephen Miran steps down from White House post
Federal Reserve governor Stephen Miran has stepped down from his position as chair of the White House's Council of Economic Advisers,…
Tag
Reserve
Business
Powell defends independence of Federal Reserve
It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections US Federal…
News
Two GOP Senators Vow to Fight Trump’s Federal Reserve Takeover
McCormick, who served as deputy national security adviser in Trump’s first term, is now joining the parent company of Facebook, Instagram,…
Business
DOJ subpoenas the Federal Reserve, threatening criminal indictment, says Jerome Powell
Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it…
Business
Australia to prioritise antimony, gallium, rare earths in A$1.2 billion reserve
Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion (S$1 billion) strategic reserve, it said…
Business
Fed Reserve cuts interest rates, but tempers outlook for further easing
Danielle KayeBusiness reporter The US Federal Reserve has lowered interest rates for the third time this year, even as internal divisions…
Business
CapitaLand Ascott Trust, Sheng Siong Group to replace Olam Group, Yangzijiang Financial on STI reserve list
Hospitality player CapitaLand Ascott Trust and supermarket chain operator Sheng Siong Group will be joining the Straits Times Index’s…
Business
Federal Reserve ends three-year loss streak from Covid-era monetary policy
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury The Federal Reserve appears to…
Business
US: Wall Street ends higher as Federal Reserve rate cut bets gather momentum
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the US Federal Reserve to implement…
Business
Federal Reserve releases new guidance for bank oversight in move praised by industry
The Federal Reserve's top banking regulator on Tuesday released new guidelines for the agency's supervision of the financial system,…
Business
Bostic announces retirement amid Trump push for more influence over Federal Reserve
Atlanta Federal Reserve President Raphael Bostic, the first Black and openly gay person to lead one of the US central bank’s 12 regional…
Business
Federal Reserve votes for another quarter-percentage point cut
The Federal Reserve on Wednesday slashed interest rates for the second time in as many months, pointing to a slowdown in hiring. Source link
Culture
Pablo Pérez Lombardini’s Environmental Thriller ‘The Reserve’ Wins Top Ojo Prizes at the 23rd Morelia Film Festival
Newcomers triumphed at the 23rd Morelia Film Festival (FICM) on Oct. 17 where a good number of first features took home the top prizes at…
News
Stephen Miran wins Federal Reserve post confirmation as Senate backs Trump pick
The FOMC is already expected to cut interest rates for the first time since December on weakening job growth US President Donald Trump’s…
News
Appeals court rejects Trump bid to unseat Federal Reserve governor Lisa Cook
An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor for now, rebuffing President Donald Trump's efforts to…
News
US looks to boost strategic uranium reserve for nuclear power
The White House has issued an executive order in May that’s intended to accelerate the deployment of advanced reactors The Trump…
Business
Americans increasingly fed up with Federal Reserve, and some even want to abolish it
The normally stodgy Federal Reserve interest-rate-setting committee meeting kicks off Tuesday with more drama than a daytime soap opera,…
Business
The Federal Reserve faces these 3 unknowns ahead of its September meeting
In a sign of how unusual this week’s Federal Reserve meeting is, the decision it will make on interest rates — usually the main event — is…
Business
Trump expects a ‘big cut’ from Federal Reserve this week
Recent weak economic reports are raising concerns that the labour market may slide into a deeper slowdown, threatening consumer spending…
News
Court: Lisa Cook can remain Federal Reserve governor while fighting Trump's attempt to fire her
A federal court ruled Tuesday that embattled Federal Reserve Governor Lisa Cook can remain in her position while she fights President…
Business
Olam Group, Yangzijiang Financial to replace CapitaLand Ascott Trust, ComfortDelgro on STI reserve list
There will be no changes to the constituents of the STI following the September 2025 review Food and agricultural giant Olam Group and…
Business
Why I Said the Federal Reserve Is Unconstitutional
‘But it works well’ is not a sufficient legal argument. Source link
Culture
EXCLUSIVE: Tilda Swinton Fronts Tom Ford Black Orchid Reserve Campaign
Fresh from tapping Angelina Jolie for Runway Lip Color, Tom Ford Beauty is continuing to add star power to its campaigns. The beauty…
News
Trump Enters Uncharted Ground with the Federal Reserve
The legal landscape in deciding when presidents can fire Fed governors is surprisingly unsettled. Source link