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Jerome Powell
Trump’s wavering stance on Powell rattles markets, reignites Fed independence debate
Washington, D.C. — President Donald Trump privately expressed a desire to remove Federal Reserve Chair Jerome Powell before his term ends in May 2026,...
May PCE report shows stubborn inflation, forcing Fed to rethink summer...
The Federal Reserve’s preferred inflation measure edged higher in May, offering a sobering reminder that while overall price pressures are cooling, core inflation remains...
Oil prices increase as Opec plus cuts production by 2.2 million...
Oil prices up as OPEC+ agrees 2.2 million-barrel-per-day extension of production cuts, amidst weak demand; gold holds steady ahead of US presidential election and potential Federal Reserve interest rate cuts
Powell admits interest rates should not be raised further to fight...
Speaking at a monetary conference in Washington, the central bank chief noted that the Fed's initiatives used to deal with the problems of mid-sized...
The Fed is ready to take tougher measures to control inflation
Federal Reserve Chairman Jerome Powell told lawmakers on Tuesday that interest rates are likely to be raised more than expected.Speaking at a hearing before...
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Broadcom lifts Q4 revenue forecast on soaring AI chip demand
California– Broadcom, the California-based semiconductor giant, projected stronger-than-expected fourth-quarter revenue on Thursday, driven by soaring demand for artificial intelligence chips that continue to reshape...
Giorgio Armani’s death raises questions over the future of his fashion...
Milan — The death of Italian designer Giorgio Armani has left the global fashion industry grappling with the future of the empire he built,...
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