Jerome Powell
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World News
Trump’s attempt to dismiss Lisa Cook cost Fed governor $1.3m in legal and security fees
Personal cost of a political attack The Federal Reserve governor Lisa Cook incurred more than $1.3m in legal and security…
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World News
Trump praises inflation as rate reaches 4.2% with Iran war pressure
Inflation has hit a three-year high of 4.2% in May, the third consecutive monthly increase since the outbreak of the…
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World News
US posts 172,000 job gains in May as labour market remains robust
US stocks plunged on Friday, with a ferocious sell-off of artificial intelligence chipmakers dragging the technology sector sharply lower and…
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World News
Kevin Warsh takes oath as Fed chair as Trump comes under fire over economy
Kevin Warsh has been sworn in as chair of the US Federal Reserve, taking the helm of the world’s most…
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World News
FBI director Kash Patel locks horns with top Democrat over drinking-on-duty claims
Kash Patel, the embattled FBI director, launched a blistering attack on Senator Chris Van Hollen during a Senate hearing on…
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World News
US economy grows 2% as consumer spending declines amid Iran war
The US economy defied expectations in the first three months of 2026, with gross domestic product accelerating to an annual…
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UK Business
US regulators convene banking chiefs over cybersecurity threats from Anthropic’s latest AI model
In a move underscoring the escalating anxiety within the corridors of power, US Treasury Secretary Scott Bessent has convened an…
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World News
Judge bars Trump administration subpoenas for Fed chair Jerome Powell
A federal judge in Washington DC has delivered a stinging rebuke to the US Justice Department, quashing subpoenas issued to…
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