Trump suggest Biden Fed picks signed by autopen

President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden‘s appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor’s…

Read More

China consumer inflation hits near two-year high despite deeper-than-expected producer deflation

People walk along the Huguosi street, Xicheng district, a dedicated food street in Beijing on August 23, 2024.  Adek Berry | AFP | Getty Images China’s consumer inflation accelerated in November to the highest level in nearly two years while producer price deflation worsened, underscoring the challenge policymakers face in reviving domestic demand amid persistent…

Read More

Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets traded mostly higher on Wednesday as investors awaited inflation data from China later in the day and an interest rate decision from the Federal Reserve. Traders are looking…

Read More

Trump trade rep changes China soybean purchase timeline, cites ‘discrepancy’

US Trade Representative Jamieson Greer testifies during a US Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on 2026 funding priorities, on Capitol Hill in Washington, DC, Dec. 9, 2025. Saul Loeb | AFP | Getty Images U.S. Trade Representative Jamieson Greer on Tuesday told a Senate Appropriations subcommittee that the deadline…

Read More