Business

Central bankers back US Fed Chair Jerome Powell in clash with Trump

Central bankers back US Fed Chair Jerome Powell in clash with Trump

FRANKFURT, Germany (AP) — Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramaticall...

Read More
Bringing charges against the Fed: What we do (and don’t) know

Bringing charges against the Fed: What we do (and don’t) know

WASHINGTON (AP) — President Donald Trump has dramatically escalated his confrontation with the Federal Reserve, his Justice Department investigating and threatening a criminal indictment of the in...

Read More
Trump’s legal attack on Powell underscores his aim for full control over Fed

Trump’s legal attack on Powell underscores his aim for full control over Fed

WASHINGTON (AP) — The Department of Justice’s threat to criminally indict Federal Reserve Chair Jerome Powell has set up a tense showdown between the White House and the U.S. central bank, with Po...

Read More
Powell says DOJ has subpoenaed central bank, threatens indictment

Powell says DOJ has subpoenaed central bank, threatens indictment

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimo...

Read More
A $400,000 payout after Maduro’s capture is putting prediction markets in the spotlight

A $400,000 payout after Maduro’s capture is putting prediction markets in the spotlight

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro. The lat...

Read More
The harsh realities of Arctic mining undercut Trump’s argument to take Greenland

The harsh realities of Arctic mining undercut Trump’s argument to take Greenland

Greenland’s harsh environment, lack of key infrastructure and difficult geology have so far prevented anyone from building a mine to extract the sought-after rare earth elements that many high-tec...

Read More