Tag: Economy
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7,...
Trump might name Kevin Warsh as Treasury chief then Fed chair...
Kevin WarshJin Lee | Bloomberg | Getty ImagesPresident-elect Donald Trump is considering naming Kevin Warsh as Treasury secretary then ultimately sending him off...
Trump and Fed Chair Powell could be set on a collision...
Jerome Powell and President Donald Trump during a nomination announcement in the Rose Garden of the White House in Washington, D.C., U.S., on...
McDonald’s preparing a 2025 ‘McValue’ offering
A McDonald's is seen in the Flatbush neighborhood in Brooklyn, New York City, on Oct. 23, 2024.Michael M. Santiago | Getty ImagesMcDonald's is...
UK economy ekes out 0.1% growth in the third quarter, below...
Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city,...
Wholesale prices rose 0.2% in October, in line with expectations
A customer shops in the ready to eat meals aisle of a grocery store on October 17, 2024 in Miami, Florida. Joe Raedle |...
Annual inflation rate hit 2.6% in October, meeting expectations
Inflation perked up in October though pretty much in line with Wall Street expectations, the Bureau of Labor Statistics reported Wednesday.The consumer price...
Powell and the Fed won’t be able to avoid talking about...
Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on...
Yields on cash are still ‘well ahead of inflation,’ expert says....
Nopphon Pattanasri | Istock | Getty ImagesInvestors have been able to get the best returns on cash, as the Federal Reserve raised interest...
Steve Madden to slash China sourcing by as much as 45%...
The logo of the label Steve Madden at the fashion fair Premium. ens Kalaene | Picture Alliance | Getty ImagesSteve Madden said Thursday that...
