White House begins firing workers amid prolonged shutdown
Democratic leaders in Congress have dismissed the threats as an attempt at intimidation and said mass firings would…
Donald Trump ‘happy’ to work with Democrats on health care, if shutdown ends
Salaries for hundreds of thousands of public sector employees are set to be withheld from Friday, while military…
Supreme Court blocks Trump from immediately firing Fed governor Lisa Cook
Cook has challenged her removal in court, and currently remains a member of the Fed’s governing board, and…
When is the next Starship launch? SpaceX announces date for flight 11
Elon Musk’s commercial spaceflight company is gearing for its fifth flight test of 2025 for a spacecraft that…
The US Federal Reserve’s rate cut and the NZ market’s big bounce – Stock Takes
Federal Reserve chairman Jerome Powell described the bank’s move as a “risk management cut”. “Powell is saying employment…
NZ sharemarket drops after weak GDP data and US Fed rate cut – Market close
Generate investment specialist Greg Smith said the result underscored the fragility of New Zealand’s recovery, with markets reacting…
US Fed chief says two more rate cuts in 2025 a probability, not certainty
The central bank faces competing pressures in adjusting rates, with Trump’s sweeping tariffs fuelling inflation risks while the…
Senate confirms Trump adviser to top Fed role, despite central bank’s independence
Senator Lisa Murkowski of Alaska was the only Republican who voted against confirming Miran. The vote was otherwise…
Appeals court allows Federal Reserve governor Lisa Cook to keep her job
The central bank is expected to decide at a meeting tomorrow and Thursday NZT how much to cut…
NZX lifts 0.2% as markets wait for Fed decision – Market close
Google’s parent company, Alphabet, became the fourth company to reach a US$3 trillion (NZ$5t) market capitalisation. The NZX…
NZ stocks end flat as US Federal Reserve decision looms – Market close
On Thursday, Stats NZ releases June quarter GDP data, which economists expect to show the economy contracted after…
Plane aborts landing at Reagan National after vehicle spotted on runway
A spokesman for Republic Airways said he didn’t have any information about the incident. The Metropolitan Washington Airports…