- Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretaryon November 23, 2024 at 12:13 am
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.
- Trump might name Kevin Warsh as Treasury chief then Fed chair later, report sayson November 22, 2024 at 5:15 pm
A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell's term expires.
- Trump and Fed Chair Powell could be set on a collision course over interest rateson November 21, 2024 at 1:37 pm
Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates.
- UK economy surprises with September contraction, grows just 0.1% in the third quarteron November 15, 2024 at 9:17 am
The U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.
- Wholesale prices rose 0.2% in October, in line with expectationson November 14, 2024 at 5:04 pm
The producer price index was expected to increase 0.2% in October, according to the Dow Jones consensus forecast.
- Annual inflation rate hit 2.6% in October, meeting expectationson November 13, 2024 at 7:15 pm
The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.
- Powell and the Fed won't be able to avoid talking about Trump foreveron November 8, 2024 at 7:05 pm
The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.
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