Economy

Powell defends .5 billion Fed renovation in a point-by-point response to the Trump administration

Economy

Powell responds to Trump administration over $2.5 billion Fed renovation plans

Benjamin Davis Tyler

Federal Reserve Chair Jerome Powell has publicly defended the institution’s decision to move forward with a $2.5 billion renovation of its Washington, D.C. headquarters, offering a detailed rebuttal to concerns…

Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon

Economy

Hess acquisition by Chevron gets green light after Exxon court defeat

Benjamin Davis Tyler

Chevron's bold purchase of Hess Corporation has been formally approved, signifying a significant merger in the energy industry after surmounting a legal barrier posed by ExxonMobil. The outcome of this…

Copper prices have surged to record highs — and they could jump higher. Here’s why

Economy

Record-high copper prices — factors behind the surge and future outlook

Benjamin Davis Tyler

Copper, often considered a barometer of global economic health, has seen its market value climb to unprecedented levels in recent weeks. The surge reflects a combination of tightening supply, resilient…

Economy

Did Wall Street collapse under Trump?

Benjamin Davis Tyler

The relationship between politics and financial markets has always been intricate, yet the reemergence of former President Donald Trump in the political arena is generating new ripples across Wall Street.…

Economy

US and Indonesia announce tariff accord

Benjamin Davis Tyler

The United States and Indonesia have finalized an important trade deal that tackles longstanding issues related to tariffs, marking a new phase in their economic ties. This agreement, achieved following…

US wholesale inflation was unchanged last month despite tariff rollout

Economy

US wholesale inflation sees no shift last month despite tariff rollout

Benjamin Davis Tyler

Wholesale costs in the United States remained unchanged in the past month, with no overall rise occurring even with the introduction of additional tariffs. This situation indicates that inflationary forces…