Scott Bessent, Trump's pick to guard America's financial system as treasury secretary, once helped orchestrate a huge trade against the British pound, which some say "broke" the Bank of England. Now, he'll be on the other side of such trades, responsible ...
Key Fed decision: The central bank’s expected decision today is the first following Trump’s return to office, which has been marked by a flurry of executive orders as the US president seeks to impose his agenda on Washington.
FRANKFURT (Reuters) - Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric but more cautious on action - for now.
The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday.
Bankers at JPMorgan worked through the night in a "war room" to try and assess the early impact of U.S. President Donald Trump's administration on global trade, regulation and other matters, an executive at the bank said on Tuesday.
The pound fell against a rebounding dollar on Tuesday even as U.S. President Donald Trump stopped short of implementing tariffs as signs of a softening British labour market reinforced expectations for a February rate cut from the Bank of England.
The white-knuckle business of trading global assets sensitive to Trump's "America First" policies has resumed.
The cryptocurrency and blockchain industries have a lot to be optimistic about as Trump enters his second term. The official Donald Trump memecoin, known as $TRUMP, has risen in market value since its launch last week – a symbol of the new crypto-friendly US administration.
Savers have been urged to check if they would benefit from switching accounts as the return of President Donald Trump to the White House today (January 20) is set to have a major impact on UK finances. President Trump has threatened to bring in tariffs from his first day back in office, potentially hiking costs across the world.
President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.
As you will notice scrolling through this newsletter, U.S. tariffs are top of mind for just about every sector in Canada – as well as for our climate goals. But U.S. President Donald Trump has made clear that environmental, social and corporate governance (ESG) is not a priority, and the world has thoughts.
Despite recent pro-crypto moves by the Trump administration, short-term enthusiasm for the digital asset remains uncertain.