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Court blocks DOJ probe into powell: Is fed independence at risk?
10+ min ago (521+ words) A U.S. federal court has blocked a criminal investigation by the U.S. Department of Justice into Jerome Powell, the chair of the Federal Reserve, ruling that prosecutors failed to demonstrate a legitimate criminal basis for issuing grand jury subpoenas linked to Powell's…...
Cut the VAT! Legarda seeks to make food, medicines cheaper
8+ hour, 54+ min ago (433+ words) Senator Loren Legarda is seeking lower prices on everyday essentials through two new Senate bills reforming the value added tax (VAT) system. The two bills aim to lower the VAT on essential goods and services while maintaining higher taxes on…...
Why cost of living crisis could be back with a vengeance due to Iran war
39+ min ago (931+ words) Former Bank of England economist warns cost of living crisis could be about to get a lot worse because of the war in Iran KEIR Starmer and his Chancellor Rachel Reeves must have thought things were starting to look up…...
Bulgarian National Bank receives “Economy in the Light” award
2+ hour, 23+ min ago (27+ words) Bulgarian National Bank receives "Economy in the Light" award'bnrnews.bg Saturday, 14 March 2026, 17:11 Edited by Migena Ivanova This publication was created by: Rositsa Petkova...
Federal Judge Blocks Justice Department Subpoenas of Fed Chair Powell
22+ hour, 53+ min ago (115+ words) Federal Judge Blocks Justice Department Subpoenas of Fed Chair Powell'VINnews WASHINGTON (VINnews) " A federal judge on Friday quashed subpoenas issued by the Justice Department targeting Federal Reserve Chair Jerome Powell, saying the government provided "essentially zero evidence" of wrongdoing. U.S. District…...
Change in Data Sources Led to Lower Inflation Reading
1+ hour, 8+ min ago (91+ words) Change in Data Sources Led to Lower Inflation Reading Posted by retort at 01:17 PM | 3 COMMENTS | permalink | Comment on This Entry | "If you torture the data long enough, it will confess to anything." #1 | Posted by Dbt2 at 2026-03-14 01:24 PM | Reply PEDO DONNIE and…...
White House steps up ambitious effort to close $1.6 trillion revenue gap with raft of new tariffs
3+ hour, 8+ min ago (603+ words) WASHINGTON " The Trump administration this week stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue that was eliminated by the'Supreme Court's decision to strike down a range of the president's import taxes. "I wouldn't bet against…...
Custodia Bank Lawsuit: U.S. Court Delivers Crushing Blow in Federal Reserve Master Account Battle | Regulation Federal Reserve | CryptoRank.io
18+ hour, 45+ min ago (235+ words) Q1: What is a Federal Reserve master account and why is it so important?A master account is a financial institution's direct account with a Federal Reserve Bank. It is crucial because it allows the institution to conduct essential services like…...
China's marine economy posts steady growth in 2025, topping 11 trillion yuan
4+ hour, 4+ min ago (547+ words) China's Gross Marine Product (GMP) exceeded 11 trillion yuan (about 1.6 trillion US dollars) in 2025, up 5.5 percent year on year, according to the Ministry of Natural Resources. Data from the ministry show that in 2025, China's marine GDP was close to 11.02 trillion yuan,…...
Crucial Victory: US Judge Dismisses Subpoenas Against Fed Chair Powell in DOJ Probe, Bolstering Central Bank Independence | Forex News Regulation | CryptoRank.io
15+ hour, 45+ min ago (285+ words) In a significant development for financial markets, a US judge has dismissed subpoenas against Federal Reserve Chair Jerome Powell in a Department of Justice probe, a decision reported by The Wall Street Journal that carries profound implications for central bank…...