READ MORE

17d ago

After interest rate cut, Trump’s quest to make the Fed bend the knee is far from over

The president now has an inside man at the Federal Reserve. But it’s clear he wants an even greater influence over the institution.
A split composite image of Stephen Miran, left, and Ali Velshi.
A split composite image of Stephen Miran, left, and Ali Velshi.
19d ago

Young men are participating less and less in the workforce. Why?

There’s not a one-size-fits-all explanation, but two main factors stand out.
Closeup of young man pass job interview sit in front of HR manager at office. Human resource, Recruitment agency.
Closeup of young man pass job interview sit in front of HR manager at office. Human resource, Recruitment agency.
21d ago

Trump may have gotten what he wanted, but an interest rate cut is a bad sign for the economy

While we’re getting the rate cut that so many people wanted, it’s important to remember why: to protect consumers from a slowing economy.
Side by side of Stephanie Ruhle and Jerome Powell.
Side by side of Stephanie Ruhle and Jerome Powell.
21d ago

Trump’s quest to fire Lisa Cook from the Federal Reserve is now with the Supreme Court

It’s the latest legal test of Trump’s power in his second term. The Roberts Court has previously signaled its willingness to protect Fed independence.
Senate Banking Committee Hears Testimony From Nominees For Federal Reserve Board Of Governors
Senate Banking Committee Hears Testimony From Nominees For Federal Reserve Board Of Governors
22d ago

The Fed cuts interest rates by quarter-point after Trump’s pressure campaign

President Donald Trump has been attempting to assert more control over the historically independent central bank.
Jerome Powell speaks
Jerome Powell speaks
22d ago

Jerry of Ben & Jerry’s quits, says he was silenced for activism

Ben Cohen shared the news of his longtime business partner’s departure from the famous ice cream brand and criticism of its parent company, Unilever.
Ben Cohen, left, and Jerry Greenfield, co-founders of Ben & Jerry’s.
Ben Cohen, left, and Jerry Greenfield, co-founders of Ben & Jerry’s.
22d ago

More details emerge on potential TikTok deal between U.S., China

The final terms of the deal, which is expected to close in the next 45 days, could change, but agreement on the app’s algorithm has reportedly been reached.
A person holds a phone with the TikTok logo.
A person holds a phone with the TikTok logo.
23d ago

Report shines a light on the Trump family’s crypto dealings with the UAE

Plus, Apple appears to have acquiesced to Trump yet again, Elizabeth Warren is worried about xAI, and more — all in this week’s Tuesday Tech Drop.
Donald Trump and Steve Witkoff.
Donald Trump and Steve Witkoff.
24d ago

Elizabeth Warren flags Grok’s antisemitism episode in letter to Pentagon on xAI deal

The Massachusetts Democrat raised concerns about the Pentagon’s deal with xAI, the Elon Musk-led company responsible for the Grok chatbot.
Elizabeth Warren.
Elizabeth Warren.
24d ago

Brazil’s president schools Trump on tariffs, democracy in op-ed for The New York Times

Brazilian President Luiz Inácio Lula da Silva says Trump’s actions against Brazil are a nakedly political attempt to help former President Jair Bolsonaro.
Luiz Inacio Lula da Silva smiles as he waves
Luiz Inacio Lula da Silva smiles as he waves
24d ago

U.S. and China reach ‘framework’ for a TikTok deal, according to treasury secretary

Donald Trump and Xi Jinping are due to speak on Friday to finalize a deal that could see the popular video app sold to an American buyer.
President Donald Trump talks with China's President Xi Jinping
President Donald Trump talks with China's President Xi Jinping