U.S. Treasury Secretary Scott Bessent has disclosed that he is evaluating a shortlist of three candidates to assume the role of Federal Reserve chair when the position becomes vacant next year.
Read More Treasury Secy. Bessent expands search for next Fed ChairTag: bloomberg
Trump attributes Pelosi’s unprecedented stock market success to ‘Inside information,’ calls for investigation
President Donald Trump attributed former House Speaker Nancy Pelosi’s unprecedented stock market success to “inside information,” due to her husband’s ability to outperform “every Hedge Fund in 2024.”
Read More Trump attributes Pelosi’s unprecedented stock market success to ‘Inside information,’ calls for investigationApril Job Gains Reach 177K, Showing Resilience Amid Tariff Concerns
A new April jobs report has revealed that the U.S. economy added 177,000 jobs last month, which exceeded analysts expectations due to tariff concerns.
Read More April Job Gains Reach 177K, Showing Resilience Amid Tariff ConcernsGoogle lays off hundreds of employees in Android, Pixel teams, The Information reports
The cuts in the division follow Google’s January buyout offers to employees in the unit.
Read More Google lays off hundreds of employees in Android, Pixel teams, The Information reportsFord Slashes Prices As Volvo, Mercedes Consider Expanding U.S. Production Amid Trump’s Auto Tariffs
Ford announced on Thursday that it will offer widespread discounts on several vehicle models in an effort to keep car buyers engaged—just hours after President Donald Trump’s 25% tariff on auto imports took effect.
Read More Ford Slashes Prices As Volvo, Mercedes Consider Expanding U.S. Production Amid Trump’s Auto TariffsTrump Plans Massive Coal Revival To Counter China’s Energy Strategy
President Donald Trump announced Monday evening he is “authorizing” his administration to produce coal power, citing China’s “tremendous economic advantage” over the U.S. due to the world power’s pro-coal policies.
Read More Trump Plans Massive Coal Revival To Counter China’s Energy Strategy