The Fed governor says the central bank must continue to focus on bringing down inflation to its 2% target.
3 minute read
The price of major cryptocurrencies continue to fall.
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Precious metals prices yoyo. They're back up again.
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Treasury Secretary Scott Bessent said at a congressional hearing Wednesday that the president has the right to interfere with the decision-making of the Federal Reserve.
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Federal Reserve governor Stephen Miran resigned Tuesday from his position as chair of the Council of Economic Advisers, a White House official said.
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The Bureau of Labor Statistics is delaying the release of the January consumer price index.
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AMD’s data center sales boost quarter above expectations, Fed governor Miran gives up White House post, PepsiCo is accelerating affordability initiatives, and more news to start your day.
Long Read
The Citadel founder also said he may become involved in public service “at a future point.”
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Businesses face another year of unrelenting uncertainty, Dana Peterson writes in a guest commentary.
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Precious metals prices have found their footing after heavy losses.
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Bitcoin has mounted a tentative recovery following big drops last weekend.
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One possibility is that none of the developments have changed the math on interest rates. That could change.
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The widely anticipated release had been scheduled for Friday.
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Precious metals prices were volatile Monday following last week's Fed announcement.
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Fed governor Stephen Miran is calling attention to a long-neglected problem, Patrick McLaughlin writes in a guest commentary.
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Boosters of the markets say they are more accurate than any other form of forecasting. Maybe sometimes.
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Cryptocurrencies dropped on the news that Kevin Warsh will be the next Federal Reserve chair.
2 minute read
This week’s jobs report could come with a shock, lawmakers contend with another government shutdown, Bitcoin hits 10-month low, and more news to start your day.
Long Read
Markets are pricing for higher rates. That’s not what the president had planned.
3 minute read
Adjustable-rate loans have lower rates right now than fixed mortgages, offering buyers cheaper financing costs.
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The hedge fund manager is in the unusual position of having mentored two of the most powerful financial leaders in Washington.
Long Read
Under Kevin Warsh, President Donald Trump’s pick for Federal Reserve chair, the central bank will likely accommodate Uncle Sam’s spending needs. No wonder so many giant start-ups are eyeing stock offerings this year.
4 minute read
Kevin Warsh will need to show humility around his newfound dovishness, Constance Hunter writes in a guest commentary.
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After ending Friday at $83,817 Bitcoin fell 7% to $78,092 by Saturday evening.
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The Dow rose again in January, though it ended the month on a three-week losing streak.
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