BBC Business
Trump Wants Rate Cuts, Jobs Report Says 'Hold My Beer'
Trump wants lower rates; the economy says 'here's a jobs boom,' and markets respond by doing exactly what he fears. It's almost like economics has a sense of humor.
BBC Business
Trump wants lower rates; the economy says 'here's a jobs boom,' and markets respond by doing exactly what he fears. It's almost like economics has a sense of humor.
The Guardian Europe
Yen jumps on BoJ hike hints, bonds wobble, and a Fed governor quotes Lennon - markets are a mess, and we're just reporting it.
The Guardian
House Republicans race to pass a stopgap spending bill, while the administration juggles Iran sanctions, trade wars, and a cyclospora research shutdown. Because what's a week in Washington without a crisis?
NPR Economy
Fed Chair says inflation needs work; economist says no kidding, plus tariffs on Canada are dumb and data centers won't hire your kids.
The Guardian Europe
Kevin Warsh heads to Jackson Hole to deliver a speech that may or may not clarify Fed policy, while the Treasury plays bond-market tug-of-war and France tries to avoid recession.
The Guardian
Fed holds rates steady with a 9-3 vote; three dissidents want hikes while Trump fumes from the sidelines.
NPR Economy
U.S.-Iran tensions flare anew, sending oil prices up and stocks down, because apparently global markets needed another reason to stress-eat.
NPR Economy
The Iran war cost $132 billion, raised gas to $4.56, killed 13 U.S. service members, and made everyone's mortgage more expensive - but hey, oil companies are doing great.
NPR Economy
U.S. employers added 172,000 jobs in May, mostly in restaurants and healthcare, while the financial sector sulked and inflation kept wages feeling inadequate.
NPR Economy
Treasury yields hit 19-year highs as inflation, deficits, and global populism converge - and your mortgage is about to notice.
The Guardian
Kevin Warsh is the new Fed chair, tasked with navigating Trump's economy through inflation, high gas prices, and a war - while pretending the president isn't breathing down his neck.
NPR Economy
New Fed chair Kevin Warsh inherits an economy where inflation is sticky, eggs never recovered, and corporate profits are hoovering up everything - so basically, good luck. Economist Mark Blyth breaks it down with characteristic gloom.
The Guardian
Kevin Warsh confirmed as Fed chair in a party-line vote, promising independence while dodging election questions, because consistency is for quitters.
BBC Business
Jerome Powell holds rates steady, promises to haunt the Fed boardroom until a Trump investigation is 'well and truly over,' and warns that legal assaults are battering the institution.
The Guardian Europe
The DoJ drops its 'bogus' probe into Jerome Powell, Warren cries sock puppet, death penalty gets a firing squad upgrade, and Trump's approval rating takes a nosedive - all in a day's work for the second term.
The Good Times
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