The choice ends a monthslong search for a successor to Jerome Powell, who has resisted fierce White House pressure to lower interest rates.
He signed a series of agreements on Thursday, with Downing Street announcing Beijing had agreed to visa-free travel for British citizens visiting China for under 30 days, although Starmer acknowledged ...
President Donald Trump's nomination of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that dominates the global economy and markets like no other.
The Trump administration has approved a massive new series of arms sales to Israel totaling $6.67 billion and to Saudi Arabia ...
"I'll spend money on New Yorkers, not on people who've been here for 15 minutes," the GOP governor candidate told Newsweek.
While Warsh is expected to eventually be confirmed by the Senate, the process may not be entirely straightforward. Read more here.
The outlook is less bleak than a year ago, thanks to trade's resilience, but the impact of the emerging global order will be felt in 2026. Read more here.
Mexico has found itself walking a diplomatic tightrope after US President Donald Trump threatened to impose tariffs on ...
Enshittification is when digital technologies begin as useful tools but gradually get worse. There is a reason for it – but ...
Russian oil and gas revenue fell by a fifth in 2025 to their lowest point in five years. But while Western sanctions have no ...
As the dust cleared around the capture of Venezuelan leader Nicolás Maduro in a surprise military strike earlier this month, US officials left little question that they had another target too: China.