Fed Chair nominee Warsh says monetary policy should remain independent, but Fed must 'stay in its lane'
Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.
Industry
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Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence
Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.
Industry
'Resumption of hostilities': Seized ship, vessel attacks push U.S.-Iran ceasefire toward brink
A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire in the Gulf have pushed a fragile ceasefire with Tehran to the brink.
Industry
'Resumption of hostilities': seized ship, vessel attacks push U.S.-Iran ceasefire toward brink
A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire in the Gulf have pushed a fragile ceasefire with Tehran to the brink.
Industry
Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold
Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.
Industry
Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold
Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.
Industry
New York Fed President Williams worries war will slow growth, aggravate inflation
Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.
Industry
New York Fed President Williams worries war will slow growth, aggravate inflation
Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.
Industry
UK economy grew 0.5% in February, beating economists' expectations by a long shot
Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
Industry
UK economy grew 0.5% in February, beating economists' expectations by a long shot
Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
Industry
Japan pledges $10bn to help Asian countries deal with oil crisis
The aid is roughly equivalent to a years worth of crude oil imports by Asean countries.
Industry
Daniel Duggan: Australian citizen and ex-US Marine pilot loses extradition appeal
Daniel Duggan was arrested in 2022 over claims he illegally trained the Chinese military in South Africa.
Industry
Allbirds shares soar after pivot from footwear to AI
The company is selling off its shoe brand as it plans to shift to providing technology infrastructure.
Industry
Here are all the ways the Iran war has affected the U.S. economy so far
The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
Industry
Here are all the ways the Iran war has affected the U.S. economy so far
The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
Industry
Geelong fire: Blaze at Australian oil refinery to impact petrol supplies
The fire has deepened fears over the nations petrol supplies amid a global crunch.
Industry
Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'
The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.
Industry
Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'
The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.
Industry
Trump threatens to fire Powell if the Fed chair doesn't leave office on his own
Though most Fed chairs in the past have left after being replaced, Powell has demurred on what he plans to do.
Industry
CEOs are betting AI will augment work rather than displace all workers
Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that's already done, improving its quantity and quality.
Industry
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