The Powell Defense Grows
Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader. Source link
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Why haven’t tariffs had a bigger impact on prices?
Why haven’t tariffs had a bigger impact on prices? Source link
Global Central Bankers Express Support for Fed Chair After Criminal Investigation
The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States. Source link
‘We Need to Be the News’: Inside Bari Weiss’s Bumpy Revamp at CBS
Her reimagining of “CBS Evening News” is under heavy scrutiny, and even became a punchline on her own network on Sunday at the Golden Globes. Source link
Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs
White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month. Source link
Venezuela’s Oil Riches Are Years Off, but Winners and Losers Will Emerge
Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between Caracas and Washington could lose out. Source link
’Shrooms Lead the Pack in Psychedelic Medicine, but Rollout Is Bumpy
Psilocybin-assisted therapy is legal in three states, but access has so far been limited and expensive. Source link
Why China Is Suddenly Obsessed With American Poverty
State media, embracing the gaming phrase “kill line,” is asserting China’s political superiority over the United States, deflecting focus on China’s own economic challenges. Source link
Labor Secretary’s Aides Placed on Leave in Misconduct Investigation
The Labor Department is investigating a complaint alleging misconduct by Secretary Lori Chavez-DeRemer. Source link
Polymarket Won’t Pay Users Who Bet on a U.S. Invasion of Venezuela
Polymarket users bet on whether the U.S. would invade Venezuela, but the prediction market said the Venezuelan president’s capture did not constitute an invasion. Source link