Powell says he’s not worried about the Fed losing its independence under Trump
Jerome Powell, chairman of the US Federal Reserve, right, speaks during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024. Yuki Iwamura | Bloomberg | Getty Images NEW YORK…
Israel says body of hostage Itay Svirsky recovered from Gaza
Troops recovered the bodies of Yagev Buchshtab, 35, Alexander Dancyg, 76, Avraham Munder, 79, Yoram Metzger, 80, Chaim Peri, 79, and Nadav Popplewell, a 51-year-old British-Israeli dual national, along with those of six Hamas fighters, in the southern Khan Younis…
Fed Chair Jerome Powell speaks at Dealbook conference
[The stream is slated to start at 1:40 om ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Wednesday at the New York Times DealBook conference. The…
Guinness supplies limited ahead of Christmas after demand soars
Guinness-maker Diageo has placed distribution limits on the stout to pubs in Great Britain for Christmas after “exceptional demand” over the past three weeks. It is understood Diageo is working at 100% production capacity, but has still placed limits on…
Trump picks Peter Navarro as top trade advisor
Peter Navarro, former Director of the U.S. Office of Trade & Manufacturing, gestures as he speaks on Day 3 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 17, 2024. Mike Segar | Reuters…
South Korea opposition files motion to impeach President Yoon Suk Yeol
On Wednesday, the country’s defence minister Kim Yong-hyun tendered his resignation and said he would take full responsibility for the martial law. He apologised to the public for spreading confusion and causing distress, the ministry said in a statement. Yoon’s…
UnitedHealthcare CEO Brian Thompson fatally shot in New York
UnitedHealthcare (UHC) health insurance company signage is displayed on an office building in Phoenix, Arizona on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Brian Thompson, the CEO of UnitedHealth Group‘s insurance unit, was fatally shot outside…
Pete Hegseth: Trump’s defence pick hits out after reports he could be dropped
Hegseth did not address the DeSantis reports directly and told reporters on Wednesday he had earlier spoken with Trump. “He said ‘keep going, keep fighting. I’m behind you all the way,’” Hegseth said. In a post on X on Wednesday…
What next for stocks after South Korea lifts martial law declaration
A visitor looks at screens at the Korea Exchange (KRX) headquarters in Seoul, South Korea, on Wednesday, Dec. 4, 2024. Bloomberg | Bloomberg | Getty Images An extraordinary political drama in South Korea is likely to compound an already gloomy…
Syrian government forces and rebels battle outside city of Hama
On Tuesday, the SOHR reported that there had been “major displacement” from Hama, which is home to about 1 million people, after the rebels reached the city’s outskirts and several civilians were injured by their shellfire. Wassim, a delivery driver…
