Senate confirms Scott Bessent as Treasury secretary
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...
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Federal Reserve expected to stand pat on rates even as Trump demands cuts
Most economists forecast that widepread tariffs will likely lift inflation by roughly several-tenths of a percentage point ...
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury ...
Why XRP Is Sinking Today
XRP (CRYPTO: XRP) is falling in Monday's trading. XRP and other cryptocurrencies are seeing sell-offs in today's trading due to a combination of bearish catalysts. In addition to concerns about a new ...
The Fed looks poised to skip a January interest rate cut. How long could a pause last?
At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give ...
Big Tech Earnings, Fed Decision, Inflation: What to Watch This Week
This week brings a slew of earnings from big tech companies and from other blue chips in areas such as credit cards, defense, energy and telecoms. Wednesday is shaping up to be the busiest day, with ...
New Voters Could Shake Up Fed Meetings This Year
The new voters on the Federal Reserve’s policy committee in 2025 are an official seen as one of the system’s most dovish, as ...
Fed Expected to Hold Rates Steady Despite Trump's Calls for Cuts
The Federal Reserve is expected to keep its key interest rate unchanged this week, despite Donald Trump's calls for cuts.
The Fed will likely stand pat after flurry of rate cuts. After that? It's anybody's guess.
The Fed will likely pause its rate cuts this week. After that, uncertainty over Trump's tariff, immigration plans make ...
Powell's goal at this week's Fed meeting: Don't give Trump an easy target.
"It's still a very strong Trump news cycle. The last thing Powell wants to do is to kind of paint a target on the Fed" by suggesting in any way that interest-rate policy "could interfere with the ...
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DOGE may target the penny: Why do we still have it anyway?
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head ...
Federal Reserve Watch: Still On Track
An analysis of the Federal Reserve's recent $3.5 billion reduction in its securities portfolio, part of ongoing quantitative ...