News

Treasury Sec. Bessent on potential to serve as next Federal Reserve chair
U.S Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, ...
Central Banking2h
Economist flags stability risks if Genius Act becomes law
The potential growth of stablecoins in the US fuelled by the Genius Act could harm financial stability and force the Federal ...
Powell says Fed can wait to reduce interest rates as Trump demands cuts
Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national ...
CA lost 80K jobs in 2024, 'no job creation' in fourth quarter
The state-funded Legislative Analyst’s Office found California had “no job creation” in the fourth quarter of 2024, citing ...
Federal Reserve’s Bowman says rate cut should be on table in July
WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep ...