News

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Trump's attacks on Fed, data integrity weigh on US dollar forecasts: Reuters poll
The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the ...
Where Are Fed Interest Rates Headed? Here's What Traders Think.
Friday's weak jobs report has rekindled bets on the Federal Reserve making a series of interest-rate cuts this year. As of ...
Remarks by Fed's Daly reinforce rate-cut expectations
San Francisco Federal Reserve Bank President Mary Daly, in an interview with Reuters published late Monday, said a softening ...
Trump rules out Bessent as next Fed chair
President Trump said Tuesday he was taking Treasury Secretary Scott Bessent off the list of prospective candidates for the ...
US dollar rises as market eyes Fed chair successor
The U.S. dollar rose against most currencies on Tuesday, but remained within striking distance of Friday’s lows, with the ...
CoinDesk1h
Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113,000 After ISM Services PMI
A stalwart in showing strong economic activity, the ISM Services PMI has notably slower over the past three months.
Danish zoo calls for unwanted pets to be fed to its animals
Donated pets will be “gently euthanized” by trained staff and then used as “fodder” to take care of the well-being of ...