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The Latest Breaking News from Jerome Powell

Bank of America CEO confirms Gen Z’s hiring nightmare is real: He just hired 2,000 recent grads from 200,000 applications

Brian Moynihan says the fears are understandable, but urges young grads not to lose hope about the job market.

Fortune

Dollar set for worst year since 2017 with Fed drama center stage

“The biggest factor for the dollar in first quarter will be the Fed,” said Yusuke Miyairi, a foreign-exchange strategist at Nomura.

Fortune

Fed up: inside Trump’s unprecedented bid to exert control over the US central bank

The US president and his allies spent 2025 attacking the Federal Reserve amid a rollercoaster year for the US economy

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

Division at the Fed: Some officials want to keep interest rates on hold "for some time"

The Fed is split over whether to keep cutting rates, minutes from their policy meeting show.

Axios

Five charts that explain the global economic outlook for 2026

Inflation is predicted to cool but uncertainty over AI-driven growth and trade policy poses risks in the year ahead

The Guardian - UK

Trump veers off topic at Netanyahu press conference to talk inauguration plans for $400M White House ballroom

President Donald Trump says entertainment space will be ‘bigger’ than previously described and suggests his successor will be sworn in within its walls in January 2029

The Independent UK

Trump news at a glance: president greets Netanyahu, warns Hamas, threatens to sue Jerome Powell

Israeli prime minister’s Florida trip included announcement that he will award Trump with Israel prize

The Guardian - US

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Trump says he is considering a ‘gross incompetence lawsuit’ against Fed chairman over building renovation

President threatened to allow ‘a major lawsuit against Powell to proceed’ earlier this year

The Independent UK

Trump says he’d ‘love to fire’ Jerome Powell in latest attack on Fed chair

Trump also repeated false claims about renovation costs for the Fed headquarters during a Monday press conference

The Guardian - US

‘We’ve gotten out of whack’ by fixating so much on Fed rates, but the loss of its independence will be punished, BofA CEO Brian Moynihan says

“There’s too much fascination with the Fed,” Moynihan said.

Fortune

The weakest labor market since 2011 has BofA asking, ‘Dude, where’s my job?’

“A lack of recovery in the jobs market and a slower U.S. economy are key risks to watch for in 2026.”

Fortune

No one’s happier about calls for a ‘back-seat’ Fed than Fed insiders who were targeted by the White House this year

“How much can truly change under a single administration?” I asked one source. “Three years is a long time yet,” came the response.

Fortune

The 2025 US economy – in charts: rising prices, hiring slowdown, rollercoaster growth

Looking at the government’s own report cards, how did the US fare under the first year of Trumponomics 2.0?

The Guardian - US

Silver prices continue soaring as debt fears and geopolitical tensions send precious metals to fresh record highs

So far this year, silver has spiked 169%, platinum has shot up 172%, and palladium has soared 124%.

Fortune

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news in one place.

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Fortune

The Fed may have reassured Powell that it's safe to leave the board early when a new chair takes over. 'I think he's done with this job'

Given Powell's commitment to Fed independence, there were doubts that he would leave the board when his replacement as chair comes in.

Euronews

Year of the metals: Venezuela tensions send gold and silver soaring

Precious metals have been among the strongest performers this year, supported by geopolitical risk, expectations of looser monetary policy and global economic stability.

The Independent UK

US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump's fight with the Fed

This was a scary good year for investors

We Got This Covered

Trump insists that he is the healthiest president in history, but his drooping face at on-camera event tells a different story

These presidential power naps are getting out of hand.

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news in one place.

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International Business Times UK

Trump Dementia Fears: POTUS Sparks Alarm After 'Incoherent' National Address Claims

Donald Trump's recent White House address fuels dementia rumours following incoherent claims and slurred speech. Explore the impact on US-Venezuela relations.

The Guardian - US

US prices continued to rise despite Trump claims they are ‘rapidly’ falling

Longest federal government shutdown meant data was only collected for second half of November

Fortune

As Americans continue to feel the pain from tariffs and inflation, Lidl launches holiday meal deal for less than $4 per person

The total 12-person meal costs $42.66 as Americans’ affordability concerns grow.

The Guardian - US

US lost 105,000 jobs in October and added 64,000 in November, according to delayed data

Data shows the headline unemployment rate continued to climb and hit 4.6%, a four-year high, last month

inkl

Why Crypto Barely Flinched After the Fed’s Rate Cut

The Federal Reserve of the United States reduced its primary interest rate by 25 basis points on October 29, 2025, lowering the target range to 3.75%-4.00%. It also announced that quantitative tightening (QT) will be terminated on December 1.

International Business Times UK

Jobs Report Today Holds Key to Millions of Workers' Pay Rises — What Fed Decision Means

Crucial US employment data due today will reveal whether workers can expect meaningful pay rises in 2026 as the Federal Reserve takes a cautious, wait-and-see stance.

The Independent UK

Employers likely added 40,000 jobs in November as government releases report delayed by shutdown

The U.S. job market is sluggish and confusing this fall

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People

Marjorie Taylor Greene

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