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The Powell Defense Grows

Mar, 01/13/2026 - 07:09
Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader.

Venezuela’s Oil Riches Are Years Off, but Winners and Losers Will Emerge

Mar, 01/13/2026 - 04:03
Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between Caracas and Washington could lose out.

Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs

Mar, 01/13/2026 - 04:02
White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month.

’Shrooms Lead the Pack in Psychedelic Medicine, but Rollout Is Bumpy

Mar, 01/13/2026 - 02:00
Psilocybin-assisted therapy is legal in three states, but access has so far been limited and expensive.

Why China Is Suddenly Obsessed With American Poverty

Lun, 01/12/2026 - 23:00
State media, embracing the gaming phrase “kill line,” is asserting China’s political superiority over the United States, deflecting focus on China’s own economic challenges.

Labor Secretary’s Aides Placed on Leave in Misconduct Investigation

Lun, 01/12/2026 - 21:00
The Labor Department is investigating a complaint alleging misconduct by Secretary Lori Chavez-DeRemer.

Trump Administration Nears Trade Deal With Taiwan

Lun, 01/12/2026 - 19:41
The deal would cut tariffs and include a commitment from Taiwanese Semiconductor Manufacturing Corporation, the island’s chip giant, to build more manufacturing plants in the United States.

A Top Fed Official Conveys Little Urgency for Immediate Rate Cuts

Lun, 01/12/2026 - 19:30
The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.

Fed Changes Course and Takes On Trump’s Political Fight

Lun, 01/12/2026 - 18:22
The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates.

Trump’s Feel-My-Pain Economic Message

Lun, 01/12/2026 - 17:07
The president appears skeptical about Americans’ concerns. How will voters respond?

What to Know About the Criminal Investigation of Fed Chair Jerome Powell

Lun, 01/12/2026 - 17:03
The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms.

Elon Musk’s X Under UK Investigation Over Grok’s Sexualized A.I. Images

Lun, 01/12/2026 - 16:25
A British regulator said it had started a formal investigation into Mr. Musk’s chatbot over the spread of illegal images.

Stocks, Bonds and the Dollar Fluctuate on Threat to Fed Chair Powell

Lun, 01/12/2026 - 15:44
Stocks and U.S. Treasuries were relatively unchanged on Monday, a sign investors don’t see an immediate threat to the economy.

David Mitchell, Who Led Fight on Drug Prices, Dies at 75

Lun, 01/12/2026 - 14:41
After receiving a diagnosis of terminal cancer, he used his experience in public relations to draw attention to the skyrocketing cost of medication.

Supreme Court Grapples With Louisiana Coastal Lawsuits Against Oil Companies

Lun, 01/12/2026 - 12:59
The justices heard arguments over whether oil companies sued by Louisiana could move the cases from state to federal court, a venue thought to be friendlier to corporate interests.

Paramount Threatens Board Fight Over Warner Bros. Discovery

Lun, 01/12/2026 - 12:09
The announcement was the latest in a series of increasingly aggressive actions by Paramount to buy Warner Bros.

Europe and China Take Step to Resolve Dispute on Electric Vehicles

Lun, 01/12/2026 - 11:02
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.

The Potential Fallout From a Legal Attack on Powell

Lun, 01/12/2026 - 07:34
A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank’s political independence.

Allegiant to Buy Sun Country Airlines in $1.5 Billion Deal

Dom, 01/11/2026 - 18:40
The combination of the two small, budget airlines comes as low-cost carriers have struggled with high costs and competition.

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