Federal Reserve Chairman Jerome Powell, and Federal Reserve Nominee, Kevin Warsh. Reuters When the Federal Open Market Committee gathers again in mid-June, it will mark the first time in nearly 80 years that a sitting and former chair conduct business together, a historic overlap that comes at a sensitive time for the central bank. While…
Yet another record week for stocks. Strong first-quarter earnings and a war-driven spike in oil made for another historic week on Wall Street. Investors also made sense of a spate of economic data and the Federal Reserve’s latest interest rate decision. The S & P 500 and Nasdaq Composite gained 0.9% and 1.1%, respectively, over…
Jeanine Pirro, U.S. attorney for the District of Columbia, speaks during a news conference at the Department of Justice in Washington, Feb. 6, 2026. Aaron Schwartz | Bloomberg | Getty Images U.S. Attorney for the District of Columbia Jeanine Pirro may have suspended her criminal investigation into outgoing Federal Reserve Chair Jerome Powell, but she…
President Donald Trump signed an executive order Thursday to create a new way to save for retirement for workers who don’t currently have access to a 401(k) or another workplace plan. Roughly 56 million Americans lack access to an employer-sponsored retirement plan at work, according to 2025 research from the Pew Charitable Trusts, an independent public policy nonprofit. The order…
FILE PHOTO: President of Bard College Leon Botstein speaks during the “Changing Landscapes: From the Digital Classroom to the Global Campus” panal during the TIME Summit On Higher Education on Oct. 18, 2012 in New York City. Jemal Countess | Getty Images Bard College President Leon Botstein announced Friday that he will retire at the…
President Donald Trump told Congress on Friday that hostilities in Iran “have terminated” since he imposed a two-week ceasefire on April 7 that has been extended. Trump’s claim came on what would have been a deadline under the War Powers Resolution of 1973 for him to ask Congress to officially declare war against Iran or…
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged…
U.S. flags at the Washington Monument, the dome of the U.S. Capitol can be seen in the background. Sebastian Gollnow | Picture Alliance | Getty Images Control of the U.S. Senate in this year’s midterms remains a tossup just over six months from election day, according to traders on prediction markets platform Kalshi. Traders give…
Spirit Airlines airplanes sit parked at Fort Lauderdale – Hollywood International Airport, in Fort Lauderdale, Florida, U.S., April 23, 2026. Marco Bello | Reuters President Donald Trump said Friday that his administration gave a “final” bailout proposal for Spirit Airlines as the budget carrier could be forced to liquidate without a lifeline. Talks with bondholders…
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. Brendan Smialowski | Afp | Getty Images U.K. goods exported to the U.S. plunged…
