WASHINGTON — New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has sought. In remarks at a central bank conference in Sintra, Portugal, Warsh said that if businesses or households thought the Fed would accept … Read more
Latest on Iran peace talks as Vance signals optimism – CBS News Watch CBS News Vice President JD Vance says the first day of talks with Iran laid a “good foundation” to end the war. CBS News’ Natalie Brand and Courtney Kealy have more. Source link
They ultimately did meet as a trio, a U.S. official told NBC News, before a working meeting with the other leaders that focused on the issue. “The key focus is to strengthen air defense for Ukraine and advance diplomacy, to make Russia end its war,” Zelenskyy wrote in a post on X, saying “substantive meetings … Read more
Most business research still starts the same way: someone types a query into a search engine, scans the first few results, opens several articles, and tries to piece together what’s happening. It works reasonably well for simple questions. But when teams are tracking fast-moving markets, competitors, regulations, or operational risks, that approach starts to break … Read more
What May’s inflation report signals about state of U.S. economy – CBS News Watch CBS News Inflation in the U.S. accelerated in May to its highest level in more than three years. CBS News’ Kelly O’Grady breaks down the numbers. Source link
For years, American consumers have defied predictions and kept the economy moving forward with their spending even amid a raft of financial pressures. Yet signs of financial strain are emerging as households grapple with the highest inflation rate in nearly three years. Consumer spending drives about 70% of U.S. economic activity, raising concerns about a slowdown … Read more
Latest on U.S.-Iran peace talks as Trump signals deal could be close – CBS News Watch CBS News President Trump said negotiations with Iran were “proceeding nicely,” although no deal has been formalized by Monday night. CBS News’ Nikole Killion and Imtiaz Tyab have the latest. Source link
A new burst of diplomatic action intensified Thursday in a push to break the deadlock between the United States and Iran. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Tehran was responding to Washington’s latest proposal, which had “reduced the gaps to some extent” between the two sides, … Read more
BEIJING — China again signaled that Taiwan would be a priority topic ahead of a highly anticipated summit between U.S. President Donald Trump and Chinese President Xi Jinping next week, saying that U.S. must adhere to the “one China principle” for a stable relationship with Beijing. Last week, China’s top diplomat Wang Yi said he … Read more
NEWYou can now listen to Fox News articles! EXCLUSIVE — Despite facing a rough political environment, Republican National Committee Chair Joe Gruters remains optimistic the GOP will successfully defend its slim Senate and razor-thin House majorities in this year’s midterm elections. “I think we’re on track. I still think that we have a chance to … Read more