Why Trump and the Federal Reserve could clash in the coming years
WASHINGTON (news agencies) — President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and ...
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Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (news agencies) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of ...
The ruble’s in a slump. For the Kremlin, that’s a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand ...
South Korea’s central bank cuts key interest rate to nurse a slower economy
SEOUL, South Korea (news agencies) — South Korea’s central bank lowered its key policy rate for a second straight month ...
Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary
WASHINGTON (news agencies) — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time ...
Bitcoin ticks closer to $100,000 in extended surge following US elections
NEW YORK (news agencies) — Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. ...
Higher energy bills push UK inflation to 6-month high in October
LONDON (news agencies) — Inflation in the U.K. rose sharply to a six-month high in October and back above the ...
Trump’s treasury pick could give an indication of what he plans to do about tariffs
WASHINGTON (news agencies) — President-elect Donald Trump’s decision on a treasury secretary is about far more than whose name will ...
Stock market today: Wall Street falls toward worst loss since Election Day as vaccine makers sink
NEW YORK (news agencies) — U.S. stocks are falling Friday toward their worst loss since Election Day as the big ...
Top Federal Reserve official defends central bank’s independence in wake of Trump win
WASHINGTON (news agencies) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, just ...
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Rubio vows to place US interests ‘above all else’ as Trump’s top diplomat
WASHINGTON (news agencies) — Florida Sen. Marco Rubio is promising to implement President-elect Donald Trump’s “America First” vision as secretary...
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