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Donald Trump is taking his battle with Jerome Powell to the doorstep of the Federal Reserve. Literally. The president will be visiting the central bank at 4 p.m. ET on Thursday, returning to the White House a little over an hour later, per his public schedule. The move is unusual for a number of reasons. … Read more
President of Queens’ College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, D.C., on Oct. 13, 2022. James Lawler Duggan | Reuters Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell … Read more
NEWYou can now listen to Fox News articles! Two hundred and forty-nine years ago, 56 men met in the Pennsylvania State House in Philadelphia to commit treason against the most powerful empire on Earth. Representing 13 colonies of that empire, these men – a mix of landowners, entrepreneurs, politicians and others – had become enamored … Read more
NEWYou can now listen to Fox News articles! Donna D’Errico is flaunting her bikini body on the Fourth of July. The former “Baywatch” star took to Instagram to share a new photo of herself, decked out in a red bikini with white star details for the holiday. In addition to the new picture, she shared … Read more
Why is the US market closed today? Good question! June 19, 2025, marks Juneteenth, a federal holiday when Union troops arrived in Galveston, Texas, to deliver the proclamation that slavery had ended, two years after it was supposed to. Now a federal holiday, Juneteenth carries a dual weight. Here’s why Juneteenth is celebrated and what is … Read more
As the Federal Open Market Committee meets today, the financial world already knows what to expect: that they have more patience. Throughout the year, the Fed has sought to remind investors the economy is still strong. Unemployment hasn’t spiked, and inflation has remained just north of 2%, despite fears to the contrary amid the White … Read more
The Federal Reserve is expected to hold interest rates steady. Investors will be keeping a close eye on Fed officials’ latest economic projections—known as the “dot plot.” Any variance between the most bearish and most bullish officials might hold a key for the future of U.S. monetary policy. As the Federal Open Market Committee prepares … Read more
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The Cofrentes nuclear power plant, on 17 October, 2024 in Valencia, Valencian Community, Spain. Europa Press News | Europa Press | Getty Images A European-wide shift to nuclear power appears to be gathering momentum as countries hedge their bets in pursuit of more energy independence. In just the last few weeks, Denmark announced plans to … Read more
Markets in Asia and Europe largely rose this morning while S&P futures dropped about 0.7%, setting the broad U.S. index up for a second day of losses after a nine-day winning streak as investors nervously await the Fed’s Wednesday interest rate decision—and President Donald Trump’s reaction. Wall Street is almost certain that the Fed will … Read more
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