Fed agents tackle accused drunk driver from Venezuela in NH courthouse: video
Federal agents cornered a Venezuelan man in a New Hampshire court elevator before tackling him as he tried to escape, defeating an elderly bystander in a brawl, wild security footage shows. The video released Monday by Nashua Circuit Court shows two agents throwing 33-year-old Arnuel Marquez Cormenales on the floor and handcuffing them on February […]
Scott Bessent says White House will start interviewing Fed chair candidates this fall
Treasury Secretary Scott Bescent said Monday that the White House will begin interviewing candidates this fall, replacing Federal Reserve Chairman Jerome Powell, whose term ends in May 2026. Bessent spoke to Bloomberg TV during his visit to Argentina, and said it would give the Trump administration about six months’ lead time before Powell resigned. He […]
Fed Board Member Waller Warns: Tariffs May Fuel Stagflation!
Federal Reserve official Christopher Waller expressed skepticism regarding President Trump’s tariff strategy on Monday. He anticipated that the price impacts of tariffs would be “short-lived” and noted that interest rate policies might react more acutely to the effects on production and employment. “We foresee the inflationary impacts of increased tariffs being temporary, but the effects […]
Top Fed Official Confirms The Bank Is Ready To Bail Out Trump – Forbes
Donald Trump's escalating world trade war has pushed markets to the brink of this week, sparking a “crisis of confidence” for the spiral US dollar amid fears of “collapse.” Subscribe now to Frontrunner Donald Trump, White House, Wall Street Forbes' CryptoAsset & BlockChain Advisor “You can discover 1,000% and profits of discovering Blockbusters on the […]
March inflation slowed; Fed watching tariffs’ price impact
Angie Newman, UBS Global Wealth Management Manager, discusses market responses amid trade tensions and advises clients and investors. Inflation rose at a slower pace than expected in March, but it far surpassed the Federal Reserve targets as central banks prepare to monitor the impact of tariffs on consumer prices in weeks and months. On Thursday, […]
Judge sides with Trump: anyone in US illegally must register with fed government
The Trump administration was handed another victory on Thursday after ruling that everyone in the US must illegally register with the federal government and publish documents. The Associated Press reported that Judge Trevor Neil McFadden, appointed by President Donald Trump, was on his side with the administration after claiming that he was enforcing existing requirements […]
Bank of America CEO said he expects the Fed not to cut rates this year
Bank of America CEO Brian Moynihan unravels the impact of car rates and the future of a moving economy with the “Claman Countdown.” Bank of America CEO Brian Moynihan has stoked the new automobile import taxation and how consumers are responding to banks' expectations of the administration's tariffs and interest rates. The new measures announced […]
Student loan borrowers face hits to credit score: NY Fed
(News Nation) – Some student loan borrowers face penalties for late payments on federal student loans. If delinquency appears in credit reports for the first half of 2025, more than 9 million borrowers could face a significant drop in their credit scores. Federal Reserve Bank of New York. After a pandemic-era suspension in September 2023 […]
Gold (XAU) Silver (XAG) Daily Forecast: Bulls Defend $3,000 as Fed Bets Mount – FX Empire
Investors are increasingly focusing on the coming US macroeconomic release, including Friday's PCE price index. The forecast for US tariffs scheduled to begin on April 2 on imports from 15 trading partners further boosted the demand for gold as a hedge against trade-related uncertainty. “Gold is supported by soft US data and weak dollars,” says […]
Trump zeroes in on Fed, setting up potential fight with Powell
President Trump is focused on the Federal Reserve and is setting up a fight against leader Jerome Powell. The president is eager to speed up planned interest rate cuts and ease pressure on the economy as the Fed deepens concerns about his trade agenda. The Fed is preparing for a potential price shock driven by […]