US DOJ Will Not Reopen Criminal Probe Into Powell Over Fed Building Costs October 4, 2026 The U.S. Justice Department has confirmed it will not reopen a criminal investigation into former Federal Reserve Chair Jerome Powell over massive cost overruns related to the central bank’s building…
Business Federal Reserve and Bank of England Launch Joint Inquiry Into Bank Exposure to Trading Firms After Jane Street’s $15 Billion Loss September 21, 2026 Central Banks Launch Comprehensive Investigation Into Trading Firm Exposures The Federal Reserve and Bank of England have initiated a joint investigation into global banks’ exposure to large trading firms, following…
Markets US Fed and Bank of England Probe Banks Over Hedge Fund Exposure After Jane Street Takes $15 Billion Loss September 21, 2026 The US Federal Reserve and the Bank of England have launched inquiries into global banks’ exposures to large trading firms following significant turmoil at hedge fund Situational Awareness that caused…
Markets 10-Year Treasury Yield Hits 5% for First Time Since 2023 September 15, 2026 Critical Benchmark Crosses 5% Threshold The 10-year Treasury yield surged past the 5% threshold on Monday, marking the first time this critical benchmark has reached that level since October 2023.…
Markets Treasury Yields Surge to Multiyear Highs as Oil Crosses $100 and Debt Concerns Mount September 10, 2026 Key Benchmark Rates Climb to Levels Not Seen in Years Treasury yields surged to multiyear highs on Thursday, driven by oil prices crossing the $100 per barrel threshold and growing…
Markets Fed’s Inflation Dilemma Deepens as Officials Split Over Path to 2% Target September 2, 2026 Inflation in the United States is easing just enough to spark cautious optimism inside the Federal Reserve, but not enough to convince everyone that the fight against high prices is…
Markets Fed Credibility Under Fire After Waller Conference Sparks Market Repricing August 2, 2026 Bank of America Warns Fed Faces Credibility Test Under Anna Karenina Principle The Federal Reserve’s commitment to fighting inflation faces mounting scrutiny after Chair Christopher Waller’s recent press conference triggered…
Business Fed Chair Kevin Warsh Leaves Markets Guessing as July Rate Decision Looms July 24, 2026 As millions of Americans grapple with the cost of living, Federal Reserve Chair Kevin Warsh has pledged to bring inflation back to its 2% target, but markets remain uncertain about…
US Federal Reserve Explores Manufacturing Success at Wisconsin Tool Giant Snap-on July 17, 2026 Fed President Investigates Profitable U.S. Manufacturer Consumers are holding onto their vehicles longer as economic pressures mount. This trend has generated a massive surge in auto repair spending, creating a…
Business Fed Chair Warsh Dodges Senate Inquiries on AI Inflation Impact and Trump Communications July 15, 2026 Central Bank Chief Maintains Vague Stance During Congressional Testimony Federal Reserve Chair Kevin Warsh faced intense scrutiny from senators on Wednesday, deflecting pointed questions about artificial intelligence’s effect on inflation,…
Politics Supreme Court Blocks Trump’s Bid to Remove Fed Governor Lisa Cook June 30, 2026 Supreme Court Delivers Split Ruling on Presidential Removal Authority The Supreme Court on Monday blocked Donald Trump’s attempt to remove Lisa Cook from the Federal Reserve Board of Governors. The…
Markets Fed Rate Policy Holds Firm Despite Oil Decline as AI Rally Shows Cracks June 29, 2026 Federal Reserve Maintains Hawkish Position on Rates The Federal Reserve continues to justify its aggressive interest rate stance despite recent declines in oil prices, according to market analysis from a…
Business Fed’s Preferred Inflation Gauge Hits Three-Year High Amid Energy Price Surge June 25, 2026 The Federal Reserve faces mounting challenges in controlling rising prices after its preferred inflation measure reached a three-year peak in May. The Personal Consumption Expenditures (PCE) index rose 4.1% annually,…
Markets Oil Plunges as Hormuz Reopens While US Banks Clear Stress Tests and Bitcoin Rallies June 25, 2026 The strait that nearly broke global energy markets now operates again, and the ripple effects hit everything from crude futures to crypto portfolios. Brent crude tumbled below $72.48 per barrel,…
Business US Banks Sail Through Federal Reserve Stress Test Despite Severe Recession Scenario June 25, 2026 Major Banks Prove Resilience in Annual Regulatory Examination The biggest US banks demonstrated they could absorb more than $708 billion in losses during a severe global recession while continuing to…
Markets Alan Greenspan, Former Federal Reserve Chairman, Dies at 100 June 22, 2026 Alan Greenspan, the influential economist who steered U.S. monetary policy during his nearly 18.5 years as chairman of the Federal Reserve under four presidents, died Monday at his home. His…
Business Federal Reserve Chair Kevin Warsh Launches Historic Overhaul With Five Task Forces June 21, 2026 Warsh Unveils Ambitious Reform Plan After First Meeting Federal Reserve Chairman Kevin Warsh announced sweeping changes following his first policy meeting Wednesday, establishing five task forces designed to fundamentally rethink…
Business Wholesale Inflation Surges to 6.5% as Energy Costs Drive Sharpest Monthly Jump Since 2009 June 13, 2026 Wholesale prices climbed sharply in May, significantly exceeding economist forecasts and signaling that inflationary pressures continue to build throughout the supply chain. The Bureau of Labor Statistics reported Thursday that…
Business Kevin Warsh Inherits Fed Chair Role Amid Soaring Bond Yields and Inflation Spiral June 9, 2026 Kevin Warsh, President Donald Trump’s handpicked nominee for Federal Reserve Chair, assumed leadership on Friday, May 22, stepping into what analysts call a “dangerous brew” of economic pressures. The Wall…
Politics Jerome Powell Defends Fed Independence in JFK Award Speech June 1, 2026 Former Fed Chair Accepts Prestigious Award in Boston Former Federal Reserve Chair Jerome Powell delivered a forceful defense of independent institutions on Sunday, May 31, 2026. He spoke at the…