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Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Francis Chung | Bloomberg | Getty Images President Donald Trump knows who he’s going to select as the next Federal Reserve chair but isn’t saying yet. Prediction markets … Read more
The chair of the U.K.’s economic watchdog stood down on Monday after the organization mistakenly released its economic and fiscal forecasts ahead of the country’s Autumn Budget last week. The Office of Budget Responsibility (OBR) released its economic and fiscal forecasts on the budget’s measures about 40 minutes before Chancellor Rachel Reeves was due to … Read more
Meanwhile, the coming week could see President Donald Trump nominate a successor to Federal Reserve Chairman Jerome Powell, and a special election in Tennessee could further narrow the GOP’s House majority. Futures tied to the Dow Jones industrial average fell 48 points on Sunday, or 0.1%. S&P 500 futures were down 0.13%, and Nasdaq futures slipped 0.12%. The yield … Read more
Treasury Secretary Scott Bessent said Tuesday that there’s a “very good chance” that President Donald Trump will name a new Fed chair by Christmas—and Kevin Hassett, director of the National Economic Council, has reportedly emerged as the front-runner to take Jerome Powell’s place in May. Hassett played a central role in helping design and pass … Read more
“Special matters require execution.” So quipped YB Lee Ting Han, chair of the Johor State Investment, Trade, Consumer Affairs and Human Resources Committee, at the Fortune Innovation Forum in Kuala Lumpur on Monday. In January, Malaysia and Singapore agreed to set up a special economic zone in the Malaysian state of Johor, which borders Singapore. … Read more
The Omni looks nice. It’s a step up from your average office chair design, with a bit of class and a design language on the backrest that resembles the spine-like look of the Herman Miller Embody. It comes in Midnight Black or Space Gray (creative names), and my unit is the latter. The company says … Read more
NEWYou can now listen to Fox News articles! EXCLUSIVE: PHILADELPHIA, PA – Democratic National Committee (DNC) chair Ken Martin is confident his party’s investment in 2025’s most consequential elections will pay off. “I do expect that we’ll win those elections in New Jersey and Virginia,” Martin said in an exclusive national interview with Fox News … Read more
The crypto markets fell slightly on Wednesday after Jerome Powell, chair of the Federal Reserve Board, hinted that an October interest rate cut of 25 points may be the last such cut of 2025. Bitcoin dipped 1.6% over the past 24 hours to trade at nearly $111,000, according to data from Binance. Ethereum, the second … Read more
Key Takeaways Over $300 million was liquidated in the crypto markets due to volatility triggered by the Federal Reserve Chair’s FOMC speech. Lower interest rates may push investment into cryptocurrencies and other alternative assets. Share this article The crypto market faced $300 million in liquidations in the past hour as Federal Reserve Chair Jerome Powell … Read more
The global energy transition continues to press forward, but tariff wars and the rising politicization of renewable power is hurting the growth of clean, accessible electricity worldwide, said the founder and chairman of Saudi Arabia’s ACWA Power. Speaking at the Fortune Global Forum in Riyadh, ACWA chairman Mohammad Abunayyan and others discussed the global need … Read more
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