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Brazil growth holds in Q1, but steep March fall points to cooling
9+ hour, 32+ min ago (365+ words) BRASILIA, May 18 (Reuters) " Brazil's economic activity grew 1. 3% in the first quarter from the previous three months, central bank data showed on Monday, despite a sharper-than-expected contraction in March. The IBC-Br "index, a proxy for gross domestic product, fell 0. 7% in "March…...
The Date for New Fed Chairman Kevin Warsh to Take Office Has Been Announced
48+ min ago (208+ words) A formal ceremony will be held on Friday for Kevin Warsh, who will succeed Jerome Powell as the Federal Reserve Chairman. US President Donald Trump is reportedly set to officially inaugurate Kevin Warsh, his chosen candidate for the Federal Reserve…...
Consumer sentiment ticks up from extreme low
7+ hour, 23+ min ago (308+ words) The Westpac'Melbourne Institute Consumer Sentiment Index rose 3. 5% to 83 in May from 80. 1 in April. Read full report'Westpac-MI Consumer Sentiment May' (PDF 310 KB) Things you should know This information, unless specifically indicated otherwise, is under copyright of the Westpac Group. None of…...
Donald Trump to swear in Kevin Warsh as Fed Chair on Friday: White House
6+ hour, 36+ min ago (228+ words) Kevin Warsh will be sworn in as Federal Reserve chair by President Donald Trump on Friday during a ceremony at the White House, an official said. Warsh will become the central bank's 17th leader and succeed Jerome Powell, who is serving…...
New Fed Chair Set to Take Office at White House, Will Warsh End Current Rate-Cut Cycle?
4+ hour, 19+ min ago (638+ words) Tradingkey - According to a White House official, Federal Reserve Chair-elect Kevin Warsh will be officially sworn in at the White House this Friday, succeeding Jerome Powell as the 17th Chair of the Federal Reserve. President Donald Trump will make a rare…...
Trump to host swearing-in ceremony for new Fed chair Kevin Warsh
35+ min ago (312+ words) Outgoing Fed chair Jerome Powell, who was also picked by Trump in his first term, was sworn-in at the Federal Reserve. Trump had skipped the ceremony. Before picking Powell, Warsh had been interviewed for the position of Fed chair in…...
Construction Sector Faces Unprecedented Crisis Amidst Soaring Material Costs and Government Pressure
13+ min ago (955+ words) Kathmandu. The construction sector, considered the backbone of Nepal's economy, is currently going through the most severe and unprecedented crisis in its history. Construction entrepreneurs across the country have taken to the streets protesting against the exorbitant price hike in…...
FG launches free tax dispute resolution platforms for Nigerians
4+ hour, 3+ min ago (710+ words) Tuesday, May 19, 2026 19 May 2026 3: 53 am WAT From Adanna Nnamani, Abuja The Federal Government has launched new digital platforms that will allow Nigerians resolve tax-related disputes free of charge as part of efforts to improve fairness, transparency and accountability in tax administration....
Stan Chart to slash almost 8, 000 jobs in AI push
1+ hour, 33+ min ago (587+ words) Published'May 19, 2026, 09: 26 AM Updated'May 19, 2026, 01: 23 PM HONG KONG " Standard Chartered unveiled a plan to cut more than 15 per cent of its support staff by 2030 " about 7, 800 jobs " through building up its use of artificial intelligence to streamline operations. The Asia-focused bank employed about…...
Fuel Shock in Jamshedpur: Petrol and Diesel Prices Hiked Twice in a Week
12+ min ago (250+ words) Jamshedpur: Oil marketing companies delivered a financial jolt to Jamshedpur residents today by announcing a 90-paise per litre hike for both petrol and diesel. This is the second price spike in less than a week, and it has triggered widespread…...