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UK maintains banking ban on former Barclays CEO Jes Staley

UK maintains banking ban on former Barclays CEO Jes Staley

Former Barclays CEO Jess Staley has been permanently expelled from the UK banking sector due to his ties with Jeffrey Epstein, a decision upheld by a UK court on Thursday. The ruling followed an assessment by the Financial Conduct Authority, the primary regulatory body in the UK. It was concluded that Staley, who previously led […]

GBP/JPY Price Outlook: Maintains Breakout from Ascending Triangle

GBP/JPY Price Outlook: Maintains Breakout from Ascending Triangle

GBP/JPY reached nearly 197.35 after reconsidering a level of around 198.20, which had stood for almost six months. Falling oil prices have increased demand for the Japanese yen. Positive UK PMI data for June supports the British pound. The GBP/JPY currency pair slightly altered to near 197.35 during Tuesday’s European trading session, previously eyeing that […]

Central bank maintains its position

Central bank maintains its position

The Fed Holds Steady on Interest Rates Amid Trump’s Criticism The Federal Reserve decided to keep interbank interest rates steady at 4.25-4.5% on Wednesday, amidst the ongoing fluctuations in trade policy largely influenced by President Trump. This decision has drawn varied reactions, especially given the recent pressures on economic factors. Fed Chairman Jerome Powell emphasized […]

Voters mirror the economy as Trump maintains his economic approach

Voters mirror the economy as Trump maintains his economic approach

Voters’ perceptions of the economy have improved slightly, but sentiments overall are still largely negative. Since President Donald Trump began his second term, the positive assessment of the economy has risen from 21% in March to 28% in April, reaching 31% in the most recent FOX News survey. In June 2024, it peaked at 32%, […]

Central bank maintains interest rates as Trump escalates criticism of Powell

Central bank maintains interest rates as Trump escalates criticism of Powell

The Federal Reserve decided to keep interbank rates steady in the 4.25-4.5% range on Wednesday, despite some shifts in trade policies and ongoing pressure from President Trump. Officials at the Fed have pointed out that the overall health of the U.S. economy appears strong, with recent trends showing a decrease in unemployment and inflation rates. […]

Maintains Authority over California National Guard

Maintains Authority over California National Guard

Judicial Ruling on Trump’s Authority Over Federal Forces A judge in a lower court has ordered President Donald Trump to take measures regarding control of the federal government. The ruling from the 9th U.S. Circuit Court of Appeals may not fully endorse Trump’s stance, but reports indicate that for now, the president retains authority over […]