Donald J. Trump
Trump attacks Powell again amid Fed independence fears: ‘Incompetent’ or ‘crooked’
U.S. President Donald Trump looks at Federal Reserve Chair Jerome Powell holding a document during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump on Tuesday slammed Federal Reserve Chair Jerome Powell as either “incompetent” or “crooked,” […]
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December core consumer prices rose at a 2.6% annual rate, less than expected
Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates. Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually, the Bureau of Labor Statistics […]
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Microsoft says communities won’t see energy price hikes near data centers as utility costs rise
Microsoft on Tuesday promised that consumers won’t pay more when the software maker sets up data centers nearby. The company also committed to replenish more water than it uses, and to add to local tax bases in places where it has data centers. “Our pledge to each of these communities is that we will pay […]
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Delta CEO sees record earnings in reach again thanks to high-end travel demand
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Delta Air Lines‘ earnings could jump more than 20% this year from 2025 thanks to robust travel demand, particularly at the high end of the market, and potentially reach a record, CEO Ed Bastian said. Delta on Tuesday forecast adjusted earnings per […]
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Global central bankers unite in defense of Fed Chair Jerome Powell
Jerome Powell, chairman of the U.S. Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, on Wednesday, Dec. 10, 2025. Bloomberg | Bloomberg | Getty Images Global central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation […]
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Iran’s regime in its ‘final days and weeks’ after mass protests, Germany’s Merz says
German Chancellor Friedrich Merz (CDU) gives a press statement on the sidelines of his visit to the Bosch company. This is the last stop on his trip to India. Picture Alliance | Picture Alliance | Getty Images German Chancellor Friedrich Merz on Tuesday said the embattled Iranian regime appears to be finished as mass protests […]
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Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025. Trump said there will be “serious retaliation” after two US Army soldiers and an interpreter were killed in Syria on Saturday, and three other […]
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Japan’s Nikkei 225 jumps over 3% as expectations that ruling party will opt for a snap vote rise
Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Asia-Pacific markets opened higher on Tuesday as traders shrugged off geopolitical flashpoints in Iran and Venezuela, as well as a criminal investigation into the U.S. Federal Reserve Chair Jerome Powell. Japan’s benchmark Nikkei 225 jumped 3.4% to lead […]
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Trump says any country doing business with Iran will face 25% U.S. tariff
U.S. President Donald Trump takes questions from reporters, as he attends a meeting with oil industry executives, at the White House in Washington, D.C., U.S., Jan. 9, 2026. Kevin Lamarque | Reuters President Donald Trump on Monday said any country doing business with Iran will face a 25% tariff “on any and all business being […]
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Trump targets credit card rates. What’s at stake for Capital One and other banks
Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump’s call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday […]
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