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Trump says he will not fire Fed Chair Powell after remarks sparked market concerns
Full Story President Donald Trump said he does not plan to fire Federal Reserve Chair Jerome…
Economy
Trump’s dismissal of Federal Reserve governor raises test of presidential authority at high court
Full Story President Donald Trump’s removal of Federal Reserve governor Lisa Cook has drawn attention to…
Chiquita to restart Panama operations with $30 million investment and 5,000 jobs
Full Story Banana producer Chiquita will return to Panama after mass layoffs earlier this year, pledging…
Stronger consumer spending drives upward revision of US economic growth figures
Full Story The U.S. economy expanded more than earlier estimates suggested during the second quarter, fueled…
Trump effort to oust Fed governor Lisa Cook raises legal fight and inflation fears
Full Story President Trump’s attempt to remove Federal Reserve Governor Lisa Cook has sparked warnings of…
Trump removes Federal Reserve governor over alleged false mortgage claims
Full Story President Trump removed Federal Reserve Governor Lisa Cook, alleging she submitted mortgage forms listing…
U.S. Government Secures 10% Stake in Intel
The United States government has finalized a deal to acquire a 10% stake in Intel Corporation,…
German economy contracts more than first estimated in latest official report
Full Story Official data revealed that the German economy contracted more than initially reported in the…
Federal Reserve ends policy of tolerating inflation above its two percent target
Full Story The Federal Reserve announced it will no longer intentionally allow inflation to run above…
S&P 500 climbs 1.6 percent after Powell hints at September interest rate cut
Full Story The S&P 500 rose more than 1.6 percent after Federal Reserve Chair Jerome Powell…
European companies relocating to United States deepen continent’s economic challenges
Full Story Some of Europe’s most notable companies are moving operations to the United States, adding…
Weekly jobless benefit claims dip slightly but remain near historically low levels
Full Story The number of Americans applying for jobless benefits fell slightly last week, holding close…