Jerome Powell

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UK prime minister Boris Johnson accused MPs of “collaboration” with the EU to thwart Brexit.

The bitter rhetoric around Brexit was dialled up this week by parties on both sides of this divisive debate. Former chancellor of the exchequer Phil(...)

A view of  the New York Stock Exchange on August 14th. Photograph:  REUTERS/Eduardo Munoz

Stock markets globally were glad earlier this week to see that Donald Trump wasn’t prepared to cancel Christmas. Equities, which have had a bumpy ris(...)

US President Donald Trump leaves the Rose Garden with Jerome Powell. Photograph: Carlos Barria/File Photo/File Photo/Reuters

President Donald Trump called Federal Reserve Chairman Jerome Powell “clueless” and blamed his policies for signs in the bond markets that a recession(...)

US president Donald Trump may view trade threats as a way of getting the rate cuts he craves, but this would be a pyrrhic victory if China accepts an economic downturn in order to hurt his election prospects. Photograph: Saul Loeb/AFP/Getty Images

Stock markets have been very volatile since the latest escalation in the US-China trade war. Unfortunately for investors, tensions look increasingly l(...)

US president Donald Trump has repeatedly harangued Fed chairman Jerome Powell for not doing enough to help his administration’s efforts to boost economic growth. File photograph:  Nicholas Kamm/AFP/Getty Images

The US Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted US inflation,(...)

Traders work  at the New York Stock Exchange. Photograph: Johannes EISELE / AFP)JOHANNES EISELE/AFP/Getty Images

Buy gold. So says Ray Dalio, the influential founder of Bridgewater, the world’s biggest hedge fund, who penned a lengthy LinkedIn post last week outl(...)

Eleven of 13 major retail categories in the US increased, led by a 1.7 per cent increase in nonstore retailers, which include online vendors. Electronics and appliance stores and gasoline stations both fell.

US retail sales exceeded projections in June on broad gains across most categories, indicating consumption was already healthy before an anticipated (...)

Facebook’s interest in breaking into digital currencies with libra indicates that the technology is becoming more mainstream. Photograph: Dado Ruvic

Donald Trump doesn’t like cryptocurrencies. The US president took to Twitter to lambast bitcoin and its ilk. “I am not a fan of Bitcoin and other cryp(...)

US president Donald Trump arrives in Milwaukee, Wisconsin on Friday. US stocks edged higher and the dollar fell as hopes rose for an imminent interest rate cut. Photograph: Mandel Ngan/AFP/Getty Images

Markets ended the week on a cautious note, with European shares a mixed bag and the FTSE notching up its seventh day in the red. Disappointing data f(...)

Facebook’s proposed libra digital coin must show it is “rock solid” before it can be allowed to launch, Bank of England governor Mark Carney said. Photograph: Dado Ruvic/Reuters

Facebook’s proposed libra digital coin must show it is “rock solid” before it can be allowed to launch, Bank of England governor Mark Carney said on T(...)

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