JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
WASHINGTON, Jan 17 (Reuters) – JPMorgan (JPM.N), opens new tab CEO Jamie Dimon on Saturday confirmed he was…
Trump housing plan to allow 401(k) money for down payments, adviser says
WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement…
Trump runs into limits of presidential power on lowering prices
Trump’s economic proposals face skepticism from economists and strategists Voter discontent grows over Trump’s handling of the economy…
Japan yen hits 18-month low; traders weigh up chances of intervention
Item 1 of 2 Banknotes of Japanese yen are seen in this illustration picture taken September 23, 2022.…
Trump team ramps up attack on Fed’s Powell with criminal indictment threat
Powell accuses administration of using legal threats to influence Fed policy Subpoenas mark escalation in Trump-Powell conflict over…
Dollar dips, gold at record high as US prosecutors target Fed’s Powell
Powell calls threat of indictment a pretext to pressure rates Dollar falls broadly, S&P 500 futures down 0.5%…
Treasury’s Bessent says Iran facing precarious moment, economy in trouble
GOLDEN VALLEY, Minnesota, Jan 8 (Reuters) – Iran’s economy is facing high inflation and other challenges, partly due…
Fed officials showed deep divisions at December meeting, minutes show
Minutes covered December 9-10 meeting Most policymakers supported rate cut amid broad debate Some rate cut supporters noted…