Powell to Deliver Final Jackson Hole Speech Amid Scrutiny from Wall Street and the White House
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House WASHINGTON — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was “solid.” […]
Prominent Economist Recognized by Trump Cautions That 25% Tariffs Could Cause ‘Irreparable Damage’ to U.S. Automakers
Noted economist honored by Trump warns that 25% tariffs risk ‘irreparable damage’ to US automakers WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of […]
UAE Launches Annual Oil and Gas Summit, Promises to Boost Production Despite Declining Prices
The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges to increase energy output even as global prices have fallen and world politics remain uncertain ahead of the U.S. […]