Kevin Warsh’s trajectory toward assuming the role of the next Federal Reserve chair is proving to be tumultuous — and it appears to be nearing a significant obstacle, introducing new uncertainty regarding the leadership of the central bank at a Read More …
The ongoing US-Israeli conflict with Iran, now entering its third week, is undermining expectations for any interest rate reductions by the Federal Reserve this year. The conflict has triggered the most significant disruption to oil supply ever recorded, resulting in Read More …
A system designed to handle a minimum of $166 billion in tariff refunds may be operational within 45 days. A senior US Customs and Border Protection executive stated, “That’s the alternative to a manual process that could take 4 million Read More …
As President Donald Trump prepares to appoint a Federal Reserve chair who shares his inclination for lower interest rates, the ongoing conflict with Iran may complicate the implementation of those rate reductions. Federal Reserve policymakers were anticipated to maintain their Read More …
President Donald Trump delivered a fervent defense of the US economy in his State of the Union address on Tuesday night. “Inflation is declining sharply, while incomes are increasing rapidly.” The economy is experiencing unprecedented growth. Without exaggeration, he is Read More …
With the Supreme Court’s recent decision limiting President Donald Trump’s authority to impose tariffs, one must consider the implications for consumer pricing. “Nothing,” stated Stephanie Roth. That is due to the fact that Trump possesses additional tariff mechanisms at his Read More …
Convincing six Supreme Court justices that President Donald Trump overstepped his authority in imposing sweeping tariffs relying on emergency economic powers was, in fact, the straightforward aspect of the matter. The challenging aspect: Obtaining a definitive response regarding the fate Read More …
The US economy experienced a deceleration in growth during the concluding months of 2025, as the unprecedented government shutdown exerted pressure on economic activity, culminating in a year marked by the most subdued growth since the pandemic. Nevertheless, it was Read More …
JPMorgan Chase on Thursday responded to President Donald Trump’s debanking lawsuit against the company and CEO Jamie Dimon by seeking to transfer the case from Florida state court to federal court. The bank contended that the president’s initial lawsuit improperly Read More …
National Economic Council Director Kevin Hassett stated on Wednesday that researchers at the New York Federal Reserve, who conducted a study indicating that American businesses and consumers bear 90% of the cost of President Donald Trump’s tariffs, should be “disciplined.” Read More …