Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label
“Are you going to be the president’s human sock puppet?” That question from Senator John Kennedy, a Louisiana…
Chartbook 442: Global imbalances – A new cocktail in old bottles: World Economy April 2026:
As the World Bank and IMF convened for their “twin meetings” in Washington DC in April 2026, the…
How Long Can Markets Climb the ‘Wall of Worry’?
There has rarely been any time that the maxim that the markets climb a “Wall of Worry” has rang…
Canada ‘doubling down on globalization’ at odds with U.S. trade goal: Greer – National
U.S. President Donald Trump’s top trade negotiator hinted Wednesday that the United States and Canada remain at odds…
Fannie, Freddie to accept ‘predictive’ credit scores, US officials say
By Pete Schroeder and Douglas Gillison WASHINGTON, April 22 (Reuters) – Housing finance giants Fannie Mae and Freddie…
Kevin Warsh’s preferred inflation measure could come back to bite him
Kevin Warsh, President Donald Trump‘s nominee for Federal Reserve chair, told lawmakers that he would like the central…
Damage done by war to Gulf economy is growing
Tourists and visitors walking around the Sheikh Zayed Grand Mosque the largest Mosque the United Arab Emirates, a…
Americans would get ‘universal high income’ via steady federal checks under Elon Musk’s new proposal. Will it happen?
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Tesla CEO…
Hoarding Is Driving Energy Prices Higher Everywhere
In economics textbooks, higher energy prices from the war in the Middle East display the power of the…
Europe tallies the cost of another energy crisis
London — The European Union has unveiled a raft of planned emergency measures to cushion its economy from soaring…
China to fuse software and steel with US$14tr sector to fix weak links in world’s factory
China is embarking on a sweeping overhaul of its industrial architecture, aiming to fuse software and steel as…
Japan records 5th straight fiscal year of trade deficits as Trump tariffs hit exports
TOKYO — Japan’s trade deficit was 1.7 trillion yen ($10.7 billion) in the fiscal year that ended in…