Trump signals DOJ should continue Powell probe, complicating Warsh Fed nom

President Donald Trump on Thursday signaled his continued support for a Department of Justice investigation into Federal Reserve Chairman Jerome Powell — a stance that could further delay the confirmation of Powell’s would-be successor, Kevin Warsh. “He’s under investigation because he’s building a building for hundreds of billions of dollars more than it’s supposed to…

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Gold loans are thriving in India

Hello, I am Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination for stories and developments from the world’s fastest growing large economy. This week, I unpack what’s driving the rapid surge in gold‑loan growth in the world’s second‑largest bullion market. Loans against gold are…

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What an attack means for oil markets

A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017.  Fatemeh Bahrami | Anadolu | Getty Images President Donald Trump’s order to strike Iranian military assets on Kharg Island…

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