US Secretary of the Treasury Scott Bessent speaks as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC on September 5, 2025. Mandel Ngan | Afp | Getty Images Treasury Secretary Scott Bessent said Sunday that he is “confident” that President Donald Trump’s tariff plan “will…
Commerce Secretary Howard Lutnick predicted that the Bureau of Labor Statistics’ new jobs report Friday would be more accurate because President Donald Trump fired former Commissioner Erika McEntarfer last month. Lutnick made that prediction less than an hour before BLS said job growth stalled out in August. “I think they’ll get better,” Lutnick told CNBC’s…
Former Federal Reserve Governor Adriana Kugler’s abrupt resignation from the board on Aug. 1 – and her unexplained absence at a key meeting two days earlier – left the financial community shocked and confused. Nominated by Democratic former President Joe Biden to fill a surprise vacancy on the Fed board and confirmed in 2023, Kugler’s…
U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of Justice earlier this year. In January, the FTC announced that it would refer a non-public complaint regarding allegations that Snap’s My AI chatbot posed potential…
Sen. Cynthia Lummis, R-Wyo., arrives in the Capitol for a vote on Wednesday, February 26, 2024. Bill Clark | Cq-roll Call, Inc. | Getty Images The Senate is still ironing out its version of regulatory oversight for crypto and digital assets, but it’s another step closer. Senators on Friday updated the draft of a major…
The stream is set to begin at 4:30 p.m. ET New York City Mayor Eric Adams is expected to make what is billed as an “important campaign announcement” on Friday afternoon. The event at Grace Mansion was publicly disclosed after The New York Times reported that close advisors to President Donald Trump have been working…
US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. Will Oliver | Bloomberg | Getty Images President Donald Trump on Friday threatened to launch a trade investigation to “nullify” what he said were discriminatory fines being…
News anchors work at Newsmax’s booth during the second day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 16, 2024. Patrick T. Fallon | Afp | Getty Images A federal judge in Florida dismissed Newsmax‘s antitrust lawsuit against Fox News just a day after it was filed — but…
LONDON — European stock markets are set to open higher on Friday, as investors await a key U.S. jobs report that’s likely to set expectations for an upcoming Federal Reserve interest rate cut. Major bourses are all seen opening higher, according to IG data. Both equities and bonds sold off globally earlier in the week…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., and U.S. President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, U.S., on Sept. 4, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump has reiterated a warning that he will soon impose…
