What used to be an independent body, the Federal Reserve, is now part of the political discussions under the Trump administration.President Donald Trump has escalated his attacks on Fed Chair Jerome Powell, claiming his termination “cannot come fast enough.” But this isn’t just about interest rates. Trump is pushing to reshape…
Pope Francis, the Argentine Jesuit who became the first Roman Catholic pontiff from the Americas, has died, the Vatican…
The Federal Reserve is the most powerful central bank in the world. It manages the dollar, anchors global interest…
A fortnight ago, investors were counting down the hours to President Trump’s announcement of ‘reciprocal tariffs’. Global stock indices,…
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability…
The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government…
Eli Lilly’s experimental obesity pill, orforglipron, met its main goals in a closely watched late-stage trial, boosting the company’s…
The European Central Bank on Thursday reduced its key interest rate by 25 basis points, citing easing inflation and…
The International Monetary Fund (IMF) will lower its global growth predictions due to rising trade tensions and market volatility,…