Tag Archives: independence

WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands. For months, Powell has largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. Yet on Friday, …

“We all are committed to evidence-based recommendations,” Robbie Goldstein, Massachusetts’ public health commissioner and a participant in the meetings, told the Globe Thursday. “It is not a question about, ‘Are we breaking from the federal government?’ It is, ‘How do we continue to do this thing that we’ve always done?’ which is to use science and evidence to drive our …

The Federal Reserve could be getting more than another dovish vote with the appointment of Stephen Miran as governor. It could signal an intention to amend the Federal Reserve Act and diminish policymakers’ independence, according to analysts at JPMorgan. On Thursday, President Donald Trump named Miran, the chair of the White House’s Council of Economic Advisers, to fill a vacancy …

New Paramount CEO David Ellison said that he had “no interest” in wading “into the political spectrum” with CBS News, as he and other executives addressed the independence of the news division under the new company. Although Ellison did not directly say whether the company would refrain from meddling in 60 Minutes, Redbird founder and managing partner Gerry Cardinale, the …

Sony’s chief financial officer has said she expects Marathon to release by the end of March 2026. In a Q&A session following the company’s latest financial results, Sony‘s execs were asked about the current state of Marathon following the shooter’s official delay, and whether it was factored into Sony’s forecast for the current fiscal year. The caller also asked for …

Federal Reserve Chair Jerome Powell (holding up hard hat) speaks with the construction manager during a tour of renovations at the Federal Reserve in Washington, D.C., on Thursday. At left is President Trump, and between Trump and Powell is the director of the Office of Management and Budget, Russell Vought. Andrew Caballero-Reynolds/AFP via Getty Images hide caption toggle caption Andrew …

What began as a fairytale alliance between Microsoft and OpenAI has evolved into a public feud — leaving many to wonder: What does it all mean for investors? In recent weeks, there have been reports of rising tensions between the two companies as they look to renegotiate the terms of their contract. OpenAI wants to break free from Microsoft’s tight …

President of Queens’ College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, D.C., on Oct. 13, 2022. James Lawler Duggan | Reuters Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell to voluntarily relinquish his position …

Update: The Chinese Room has confirmed an undisclosed number of workers were laid off as a result of its split from Sumo Group. In a statement sent to Game Developer, the UK studio said the specifics of the redundancies are confidential and explained it currently employs 55 developers. “Following the divestment process a number of roles were regrettably made redundant,” …

WASHINGTON (AP) — President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds for firing Powell. Such an unprecedented step could send the financial markets into a tailspin and over time push up interest rates and …