14 Articles
14 Articles
Donald Trump vs Jerome Powell: Can US President really oust the US Federal Reserve chairman?
President Trump has intensified his criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates further, sparking concerns in financial markets. The legal grounds for Trump to remove Powell are unclear, particularly regarding his role as chair. While firing Powell entirely would likely face legal challenges, the situation raises significant questions about the independence of the central bank.
Stock markets tumble as investors pull back from American assets
Wall Street weakened Monday as investors worldwide became more skeptical about American investments, something many economists suggest is due to Trump's trade war and ongoing criticism of the Federal Reserve. The S&P 500 sank 2.4 per cent, the Dow Jones Industrial Average dropped 2.5 per cent and the Nasdaq composite fell 2.6 per cent.
Netflix Rare Media Gainer As Markets Swoon Amid Trump Tariffs, Fed Bashing
Netflix shares rose Monday, the rare media stock that traded higher as markets swoon amid Donald Trump’s tariffs and the president’s ratcheted-up vitriol against Jerome Powell, the Fed chief who warned last week that the administration’s hefty new import taxes will likely trigger higher prices and slower growth. Near close, the S&P 500 has dropped 2.6%, the Nasdaq is off near 3% and the Dow Jones Industrial Average off shed over 1,000 points…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage