Adriana D. Kugler submits resignation as a member of the Federal Reserve Board, effective August 8, 2025
Blog
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Google has dropped more than 50 DEI-related organizations from one of its funding lists
The dropped groups had mission statements that included the words “diversity, “equity,” “inclusion,” or “race,” “activism,” and “women.”
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UK Supreme Court gives banks reprieve on car finance commissions
Original judgment had threatened to leave lenders on hook for tens of billions of pounds in compensation
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‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Federal data suggests the job market has slowed more than previously thought amid economic headwinds.
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Trump says he moved two nuclear submarines after Russia’s Medvedev warns U.S.
Dmitry Medvedev said President Trump is “playing the ultimatum game with Russia” in pressuring for an end to the war on Ukraine.
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How carmakers are becoming the biggest losers in Trump’s trade war
The so-called Big Three of Ford, GM and Stellantis say the new tariff regime will cost them a combined $7bn this year
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U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
Nonfarm payrolls were expected to increase by 100,000 in July, according to the Dow Jones consensus estimate.
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Bond investors need to wise up and seek more protection
Too many have been left as sitting ducks in the Wall Street pastime of creditor-on-creditor violence
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US labour market suffered sharp slowdown over past three months
Treasury yields tumble as revised figures show economy added just 106,000 jobs between May and July
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Trump reignites global trade war with sweeping tariff regime
Trading partners from Taiwan to Canada hit with steep new levies