DOJ Investigates Fed Chair Powell in Unprecedented Move
US Justice Department opens criminal probe into Federal Reserve Chair Jerome Powell, escalating a political battle over interest rates and central bank independence. Read the full analysis.
US Justice Department opens criminal probe into Federal Reserve Chair Jerome Powell, escalating a political battle over interest rates and central bank independence. Read the full analysis.
Federal Reserve Chair Jerome Powell issues stark warning as DoJ investigation raises fears of political interference in US monetary policy. Could Trump's actions backfire?
Senator Elizabeth Warren warns Donald Trump's attempts to influence the Federal Reserve undermine US credibility. She outlines the Democratic Party's economic path forward. Read the full analysis.
Economists warn Donald Trump's attempts to influence the Federal Reserve could trigger 1970s-style inflation and global market backlash. Read the full analysis.
Former President Donald Trump demands an investigation into the Federal Reserve and Chair Jerome Powell, alleging political bias. Explore the potential impact on US economic policy.
The US Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell, sparking fears over central bank independence and sending gold prices soaring.
US Senator Thom Tillis pledges to halt all Federal Reserve appointments after a Justice Department investigation into Chair Jerome Powell, escalating a clash over central bank independence. Read the full story.
Federal Reserve Chair Jerome Powell alleges the Department of Justice threatened him with a criminal indictment over Congressional testimony. Read the full story on the escalating pressure on the US central bank.
US President Donald Trump considers military action against Iran as protests continue. Hundreds reported killed. Plus, Fed investigation and Golden Globes results.
Financial markets tumble as the Trump administration threatens to indict Federal Reserve Chair Jerome Powell, reigniting a fierce battle over US central bank independence. Read the full story.
The US dollar index drops 0.2%, lifting sterling to $1.3440. Analysts warn political pressure on the Fed could further weaken the greenback. Read the full analysis.
Federal Reserve Chair Jerome Powell alleges the Justice Department is threatening him criminally for defying Trump's rate cut demands. Explore the escalating political attack on central bank independence.
A US federal judge has temporarily blocked the Trump administration from freezing billions in childcare and family support funds for five Democratic-led states. The ruling prevents 'operational chaos' for low-income families.
US hiring remained steady in December with 50,000 new jobs, as economists describe a 'no hire, no fire' phase. The Fed weighs data for its next interest rate decision. Read the full analysis.
In a revealing NY Times interview, Donald Trump outlines his vision for global power, discussing long-term control of Venezuela, Taiwan's security, and dismissing NATO's importance. Read the key takeaways.
Analysis of the Trump administration's potential strategies for acquiring Greenland, from a purchase deal to military action, and the significant diplomatic fallout. Explore the legal, political, and strategic realities.
Australian inflation fell to 3.4% in November, below forecasts. Financial markets now see a two-thirds chance the RBA will hold rates in February. Read the full analysis.
European leaders rally behind Denmark after a senior Trump official claims Greenland should 'obviously' be part of the US. Plus, UK-France forces for Ukraine, and a Sydney protester speaks out.
Southern and eastern Australia face an extreme heatwave, while economists await key inflation data. A snorkeller's remains are found on a WA beach. Follow our live blog for updates.
Bradford Pennines Gateway, a new national nature reserve in West Yorkshire, has been named one of Condé Nast Traveler's Seven Wonders of the World for 2026. Discover the stunning scenery and how to visit.
First Minister John Swinney announces a proposed bank holiday on Monday 15 June 2026 to celebrate Scotland's first men's World Cup match in 28 years. Read the full political and sporting details.
Ole Jacob Sunde, Chair of the Scott Trust, outlines the vital role of independent media as a stabilising force in a complex world. Read the full New Year message.
Analysts forecast global stock gains in 2026 but warn of top risks: an AI tech bubble bursting, Fed turmoil under Trump, and a private credit crisis. Explore the full economic outlook.
Southern Transitional Council declares constitution for new state, escalating tensions within Saudi-led coalition. Read the latest on the Yemen conflict.
The US Federal Reserve maintains its key interest rate at 5.25%, resisting political pressure. Explore the implications for inflation and the global economy.
Minutes from the Federal Reserve's December meeting reveal a rare debate over interest rates, with officials deeply divided. Only one further cut is now expected next year. Read the full analysis.
Donald Trump launched a fresh tirade against Federal Reserve chair Jerome Powell, calling him a 'fool' and suggesting a lawsuit for 'gross incompetence' over Fed building costs.
Precious metals surge to new peaks as 2025 rally continues. Oil prices rise on Middle East tensions. Get the latest on global markets and the Trump-Zelenskyy meeting.
In a landmark diplomatic move, Israel becomes the first country to recognise Somaliland's independence from Somalia. Explore the strategic implications and international reactions.
The US economy posted strong 4.3% annualised growth in Q3, far exceeding forecasts. However, consumer confidence fell for a fifth consecutive month, creating a complex picture for the Federal Reserve.