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The Latest Breaking News from Jerome Powell

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.

We Got This Covered

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.

International Business Times UK

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

The Guardian - US

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

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.

Fortune

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

The Guardian - US

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.

inkl

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.

International Business Times UK

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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

The Independent UK

Trump is close to naming the new Federal Reserve chief. His choice could raise the risk of stagflation

US President Donald Trump has signalled in an interview with the Wall Street Journal he is close to announcing his pick for the next chair of the US Federal Reserve.

The Conversation

‘We are now firmly back in a good is bad/bad is good regime’: Weak job data may lead to more rate cuts and boost stocks, Morgan Stanley economist says

Morgan Stanley’s top strategist Michael Wilson noted the labor market, more so than inflation, has become a crucial factor in determining future monetary policy.

Fortune

Scott Bessent said Trump could announce a new Fed chair 'before Christmas': Here's what you need to know about the leading candidates

What to know about Fed candidates Kevin Hassett, Kevin Warsh, Chris Waller and Rick Rieder.

Fortune

Panic Over The White House as Fed Chair Powell Confirms Trump Tariffs Mean Higher Costs And Fewer Jobs

Federal Reserve Chair Jerome Powell says President Trump's tariff policies are causing higher inflation, increased costs for households and businesses, and could weaken job creation, forcing the Fed into a delicate policy balancing act.

International Business Times UK

Kevin Hassett says he'd be happy to talk to Trump everyday as Fed chair, but the president's opinion would have 'no weight' on the FOMC

"His opinion matters if it's good, if it's based on data," Hassett said.

Fortune

Trump demands Fed listen to him as he lines up new leader: ‘I’m a smart voice’

Ex-Fed governor Kevin Warsh is at top of his list to succeed Powell as central bank’s chair, president says in interview

The Guardian - US

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news in one place.

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International Business Times UK

Trump Claims Media Is 'Pretending' He Is 'Slowing Up' After On-Air Slurring

U.S. President Donald Trump was seen slurring his words on a live broadcast, 'freezes' at times, and calls Federal Reserve Chair Jerome Powell, 'Fed Hair,' and 'stiff.'

Roll Call

FactChecking Trump’s economic speech - Roll Call

Factcheck.org takes a look at President Donald Trump’s Dec. 9 campaign-style economic speech in Pennsylvania.

Barchart

What Does the Latest Rate Cut Mean for Commodity Investments?

After the latest rate cut by the US FOMC and ahead of the turn of the calendar page to 2026, has the long-term investment outlook for the commodity complex changed?

Fortune

Retail investors drive stocks to a pre-Christmas all-time high—and Wall Street eyes a moment to sell

Retail investors are so enthusiastic for risk assets that some on Wall Street are starting to worry about it.

Get all your
news in one place.

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The Guardian - US

House Republicans release last-minute healthcare plan; TSA defends sharing traveler names with ICE - as it happened

This live blog is now closed.

Evening Standard

FTSE 100 up as Fed sounds softer tone than feared

After Europe’s close on Wednesday, the US central bank cut interest rates by 25 basis points as expected.

Fortune

Why Jerome Powell’s latest rate cut still won’t help you get a lower mortgage rate

“Since this rate cut was no surprise, the markets have taken it in stride,” 43-year mortgage industry veteran Melissa Cohn told Fortune.

Reason

A Divided Fed

Plus: Cocaine and mustard gas, U.S. seizes oil tanker, billionaires in the White House, and more...

Fortune

Fed’s Jerome Powell voices fear of K-shaped economy: ‘How sustainable it is, I don’t know’

Jerome Powell said most consumer consumption comes from the rich. “The top third accounts for way more than a third of the consumption ... So it’s a good question how sustainable that is.”

Barchart

Stocks Slip Before the Open as Oracle Dents Sentiment After Fed Cut

December S&P 500 E-Mini futures (ESZ25) are down -0.35%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.65% this morning as Oracle rekindled worries about the massive spending tied to artificial intelligence, overshadowing optimism over the Federal Reserve’s latest interest-rate cut.

The Independent UK

Asian shares are mixed after Fed cuts rates, pushing Wall Street near its record

Asian shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate

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