Steve Bannon floats idea of Bessent running both Treasury and the Fed

White House confidante Steve Bannon has an unusual solution for who should take over as Federal Reserve Chair Jerome Powell next year.

Industry 2025-09-20 02:39

"Lost Control" - Surprise UK Budget Deficit Blowout Batters Sterling & Gilts

The fiscal farce in the UK went from bad to worse this morning as government borrowing came in signi

Industry 2025-09-19 16:40

Germany was billed as Europe's growth driver. Now economists are saying: Not so fast

Germany was a hub of excitement earlier this year amid high hopes of an economic rebound — domestically, and across Europe.

Industry 2025-09-19 15:00

Germany was billed as Europe's growth driver. Now economists are saying: Not so fast

Germany was a hub of excitement earlier this year amid high hopes of an economic rebound — domestically, and across Europe.

Industry 2025-09-19 15:00

Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.

Industry 2025-09-18 20:35

Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.

Industry 2025-09-18 20:35

Rothschild Family Exploring Sale Of Their Stake In The Economist Magazine

British magnate Lynn Forester de Rothschild is considering the sale of a long held family stake in T

Industry 2025-09-18 14:55

Claude Creator Anthropic Reveals the Jobs Most Likely To Use AI

The AI giant's new report shows where and how Americans are using AI at work

Industry 2025-09-18 05:41

Wall Street Reacts To Powell's "Risk-Management" Rate Cut

As Powell begins his presser, Wall Street's kneejerk comments start coming in to what the Fed Chair

Industry 2025-09-17 22:57

Sticky UK inflation unlikely to move the needle for Bank of England

The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.

Industry 2025-09-17 14:05

Sticky UK inflation unlikely to move the needle for Bank of England

The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.

Industry 2025-09-17 14:05

Appeals Court Rules Trump Can't Fire Cook, As Miran Wins Fed Confirmation By 1 Vote Margin

A US appeals court issued an 11th ruling, blocking President Trump from removing mortgage-challenged

Industry 2025-09-16 04:55

The Fed Models Were Wrong About The US Economy

In 2025, the mainstream Keynesian narrative that the United States would inevitably experience a rec

Industry 2025-09-15 20:25

Economic Measurement & The Mirage Of Exactness

In contentious political environments, economic data rarely stand as objective measures. They are tr

Industry 2025-09-13 22:00

French Government Collapse Signals Rising Eurozone Debt Risk

French Prime Minister François Bayrou failed a parliamentary confidence vote, bringing his governmen

Industry 2025-09-12 16:05

French Government Collapse Signals Rising Eurozone Debt Risk

French Prime Minister François Bayrou failed a parliamentary confidence vote, bringing his governmen

Industry 2025-09-12 16:05

UK economy stalls in July, as slowdown sets in

Economists expect a slowdown to take hold of the U.K. in the latter half of 2025.

Industry 2025-09-12 14:05

UK economy stalls in July, as slowdown sets in

Economists expect a slowdown to take hold of the U.K. in the latter half of 2025.

Industry 2025-09-12 14:05

UK economy stalls in July, as slowdown sets in

Economists expect a slowdown to take hold of the U.K. in the latter half of 2025.

Industry 2025-09-12 14:05

US Deficit Explodes In August Despite Rising Tariff Revenues As Government Spending Soars

We used to dread covering the monthly update of US government income and spending because, without f

Industry 2025-09-12 03:40