Fed reappoints regional chiefs in move that allays Trump challenge fears
Decision eases concerns that central bankers aligned with the US president would block them remaining in their roles
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Decision eases concerns that central bankers aligned with the US president would block them remaining in their roles
Also in today’s newsletter: Oracle shares sink over data centre spending concerns, and Taiwan probes leaks of vital chip tech
The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at in a move that came a bit earlier than usual.
Trump and the GOP mounted an immense pressure campaign in Indiana as they try to make the congressional map more favorable before the 2026 midterms.
Costco on Thursday surpassed Wall Street's quarterly expectations as its sales rose 8.2% year over year.
Lululemon's CEO Calvin McDonald will leave the athleisure retailer at the end of January as sales in its largest market sag and consumers flee to competitors.
The consumer landscape has been flashing mixed signals. Shoppers appear to be resilient on the surface but the reality is they're increasingly stretched.
The original indictments against Letitia James and former FBI Director James Comey had been dismissed by a judge.
Palantir accused three former employees of violating non-solicitation agreements, and said they're competing with the company by hiring top developers.
Nvidia CEO Jensen Huang "understands that ... being able to cozy up to Donald Trump might be the most important corporate CEO skill of all," Sen. Warren said.
The Trump administration has launched a major military buildup in the Carribean as it escalates pressure on President Nicolas Maduro.
Elon Musk ally Jared Isaacman looks set to be confirmed as the new NASA administrator after President Trump re-nominated him for the role.