UK-Gulf trade deal a ‘monumental achievement,’ Bahrain industry minister tells CNBC
The trade deal between the U.K. and Gulf states is a “monumental achievement,” Bahrain’s industry minister told CNBC. Abdulla bin
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Economy
Putin-Xi talks revive stalled Russian gas pipeline as Iran war rattles energy markets
A Power of Siberia natural gas pipelines facility in Heihe, Heilongjiang province, China, on Tuesday, March 21, 2023. Bloomberg |
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Kevin Warsh to be sworn in as Federal Reserve chair on Friday
Kevin Warsh, nominee for chairman of the Federal Reserve, is sworn in to his Senate Banking, Housing and Urban Affairs
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The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
From the Dayton, Ohio, suburbs to boardrooms in Dallas, the employees fueling AT&T’s next wave of growth aren’t fresh-faced college
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The Fed will have to raise interest rates in July to appease ‘bond vigilantes,’ Yardeni says
Kevin Warsh, President Donald Trump’s nominee to be next chair of the Federal Reserve, testifies before a Senate Banking Committee
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Traders now see next Fed interest rate move as a hike following inflation surge
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Monday, Dec. 15, 2025. Al Drago
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Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
Cuts of beef are displayed at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan | Getty Images
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Bond market believes Fed behind the curve on inflation as Warsh takes over
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed
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Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed
Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time
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Americans still feel bad about the economy. When will it get better?
American consumers have been pessimistic for so long that now economists are wondering when — or even if — households
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