Trump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on rates
Trump said Friday that Kevin Warsh has moved to the top of his list as the next Federal Reserve chair,…
Category: Economy
JetBlue unveils first ever airport lounge, BlueHouse. Here’s what’s inside
JetBlue is set to open its first ever airport lounge, BlueHouse, at JFK next week. ...
U.S. has to stop taking in ‘below-average’ immigrants who won’t help economy, says Lutnick
The White House is rolling out its gold card visa. ...
Eli Lilly’s next-generation obesity drug delivers strong weight loss, reduces knee pain in late-stage trial
The drugmaker is betting big on retatrutide as the next pillar of its obesity portfolio after its weight loss injection…
Bessent to propose major overhaul of regulatory body created from financial crisis
In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.…
China consumer inflation hits near two-year high despite deeper-than-expected producer deflation
Economists warned that deflationary pressure on the world's second largest economy will persist into next year, calling for fresh policy…
Trump says he ‘heard’ Biden Fed appointments were signed by autopen, tells aide to investigate
Trump's autopen comments came during a speech in Pennsylvania about the economy, aimed at countering Democrats' messaging about the U.S.…
Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings
Oracle's fiscal second-quarter results will be a crucial test for the AI trade and whether demand justifies the company's buildout…
Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows
The December survey shows 84% believe President Trump will tap Hassett, director of the National Economic Council, to head the…