President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell amid the president badgering the central bank for lower interest rates. The central bank confirmed in a release that the meeting occurred, stressing that the future path of monetary policy was not discussed. “At the President’s invitation, Chair Powell met with the President today…
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon shareholders rejected a proposal to adopt a policy that would require the company’s CEO and board chair roles to remain separate. Vote totals disclosed in a filing Thursday show about 82%…
A senior figure from South Africa’s ruling ANC party has defended his country’s sovereignty amid growing tensions with the US over race relations and a new land law. “We are a free country, we’re a sovereign country. We’re not a province of the United States and that sovereignty will be defended,” ANC National Chair Gwede…
Getty Images US stocks and the dollar plunged again as President Donald Trump intensified his attacks on US central bank boss calling him “a major loser” for not lowering interest rates. In a social media post, Trump called on Federal Reserve chair Jerome Powell to cut interest rates “pre-emptively” to help boost the economy, saying…
Sen. Elizabeth Warren, D-Mass., warned Thursday that U.S. markets will “crash” if Federal Reserve Chairman Jerome Powell can be fired by President Donald Trump. The comment from Warren, a frequent Powell critic, on CNBC’s “Squawk on the Street” came hours after Trump griped that the Fed chair’s “termination cannot come fast enough!” A senior White…
A new insult to chairs just landed. I was scrolling through my TikTok FYP when I found this viral video of a woman at a restaurant in Paris, France, struggling to understand how to sit — Lean on? Hunch over? — one of its counter chairs. In the words of someone in the comments, “Why…
WASHINGTON, DC – MARCH 31: Federal Communications Commissioner Brendan Carr speaks during a House Committee on Energy and Commerce Subcommittee on Communications and Technology Hearing titled Connecting America: Oversight of the FCC, on Capitol Hill on Thursday, March 31, 2022 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images) The Washington Post…
Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t…
Doug Gurr, a former country manager for Amazon U.K., has been selected by the government as interim chair of the Competition and Markets Authority. Max Mumby/indigo | Getty Images LONDON — The British competition regulator tapped a top former Amazon executive as its new chair after facing accusations from Prime Minister Keir Starmer of stifling…
