Specialized search for economics

17+ min ago   (332+ words) The Federal Reserve (Fed) has received grand jury subpoenas from the Justice Department regarding Jerome Powell's June congressional testimony about renovations at the Fed's headquarters, ABN AMRO's Senior Economist Rogier Quaedvlieg reports. "If anything, this challenge to the Fed's independence…...

18+ min ago   (12+ words) Bitcoin fails haven test as Justice Dept. subpoenas Powell: Crypto Daybook Americas'CoinDesk...

19+ min ago   (974+ words) It is a major escalation by the administration after repeated attempts by President Donald Trump to exert greater control over the independent institution. Trump has repeatedly attacked Powell for not cutting its short-term interest rate, and even threatened to fire…...

20+ min ago   (580+ words) In Indian markets, prices of everyday vegetables like onions, tomatoes, and potatoes can jump or fall a lot from one week to another. This makes shopping hard and stressful for families. In countries like the US or Europe, vegetable prices…...

21+ min ago   (385+ words) Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in green on Monday, fueling a broader cryptocurrency market recovery. Bitcoin and Ethereum extend gains for the second consecutive day, crossing above $92,000 and $3,100, respectively, while XRP stabilizes near $2.00. Technically, BTC and…...

22+ min ago   (135+ words) Federal Reserve Chair Jerome Powell said Sunday in a video statement the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment. Powell said the action was related to his June congressional testimony…...

24+ min ago   (1064+ words) Bitcoin (BTC) is trading above $90,000 at the time of writing on Monday, after rising to an intraday high of $92,519. The brief upswing was driven by crypto investors downplaying the United States (US) Department of Justice's (DoJ) criminal investigation into Jerome…...

45+ min ago   (235+ words) The US dollar rallied nicely during the Friday session, despite the fact that the Non-Farm Payroll announcement was weaker than expected. The US dollar rallied quite significantly during the trading session on Friday to test the crucial 158 yen level. The…...

47+ min ago   (460+ words) The USD/JPY pair trades firmly to its yearly high near 158.20 during the European trading session on Monday. The pair remains broadly firm while both the US Dollar (USD) and the Japanese Yen (JPY) are underperforming during the day. The…...

48+ min ago   (580+ words) Key topics:Origins and success of the post'World War II rules-based global economyTrump's tariffs and unilateralism undermining trade and allied trustRising US' Wood.In Budapest some time ago, I came upon a wall poster bearing the likenesses of potentates whose…...