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Hassett Backs Trump’s Fed Choice, Says He Has ‘High Regard For Kevin’
just now (459+ words) White House National Economic Advisor Kevin Hassett, once touted to be the top choice to be the next Federal Reserve Chair, said on Friday that he is not disappointed that he did not get the nomination. "I've got my dream…...
Cheapest petrol stations in London revealed as price at pumps falls to five-year low
2+ min ago (537+ words) Drivers of London rejoice! Petrol prices have dropped to their lowest level since the summer of 2021, according to a new analysis. A litre of petrol in the UK now costs an average of 131.91p, according to The RAC. The last time…...
S&P 500 and Nasdaq Slide as Tech Stocks Retreat Amid Fed Chair Talk
8+ min ago (173+ words) U.S. stocks opened lower Friday as investors digested corporate earnings and President Donald Trump's pick for the next Federal Reserve chair. The Nasdaq Composite fell about 0.5%, while the S&P 500 and Dow Jones Industrial Average each slipped roughly 0.3%, according to a…...
Economy Flat in November With Possible Q4 Contraction: StatCan
12+ min ago (9+ words) Economy Flat in November With Possible Q4 Contraction: StatCan...
US producer prices rose 0.5% in December, more than expected, on uptick in services inflation
14+ min ago (258+ words) By PAUL WISEMAN, AP Economics Writer The Labor Department reported Friday that its producer price index " which measures inflation before it hits consumers " rose from November to December at the fastest pace in three months and faster than the 0.3% economists…...
Strengthening Innovation Can Boost India’s Productivity: IMF
20+ min ago (342+ words) CHENNAI: Strengthening innovation can help boost India's productivity growth by 40 per cent, which is equal to adding the output of Karnataka, finds IMF. India's productivity growth over the past two decades has been impressive, reflecting rapid expansion in high-value services,…...
Booze bosses have 'no choice' to hike prices just to stay afloat after tax hike
24+ min ago (372+ words) BOOZE bosses warn they will have "no choice" but to hike prices just to stay afloat as an alcohol duty rise kicks in tomorrow. Shoppers face steep rises as firms are as also hit with increased National Insurance rates and…...
Gold price plunges, silver price slumps after Trump taps Warsh for Fed chair
29+ min ago (298+ words) NEW YORK, Jan 30, 2026, 16:39 EST The drop is significant since it follows a frenzied month that drew in momentum traders and pushed even the most cautious investors to jump in. Moves like this can quickly wipe out leveraged positions and shift…...
Speech by Vice Chair for Supervision Bowman on the outlook for the economy and monetary policy
31+ min ago (387+ words) Vice Chair for Supervision Michelle W. Bowman At the SW Graduate School of Banking at SMU Cox: 161st Assembly for Bank Directors, Oahu, Hawaii As we enter 2026, the economy has continued to grow, and I see inflation moving closer to our goal....
Trump’s Pick to Lead the Federal Reserve Could Steer Bank Away From Climate Change
32+ min ago (467+ words) The fight over control of the Federal Reserve has revolved around interest rates and inflation, but President Donald Trump's choice to be the bank's next chair could sway how the agency assesses climate risks, too. In a speech last year…...