As political pressure on the Federal Reserve intensifies, the legacy of Marriner Eccles—the Utah banker who architected its modern independence—offers a crucial lesson. A BYU expert explains why shielding monetary policy from politics remains vital for economic stability.
House Speaker Mike Johnson stated on Sunday that he believes he has secured enough Republican support to pass a stopgap funding bill and end the partial government shutdown by Tuesday at the latest, citing logistical hurdles due to severe weather.
The death toll from a devastating fire at a New Year's Eve bar in the Swiss Alps resort of Crans-Montana has risen to 41 after an 18-year-old victim died from his injuries, marking one of the nation's worst peacetime tragedies.
Syrian authorities announced the arrest of a militant group responsible for rocket attacks on the Mezzeh military airport, alleging the weapons were supplied by Iran-backed Hezbollah—a claim the Lebanese group denies.
With over half the early vote counted, governing party candidate Laura Fernandez appears poised to secure a first-round victory, potentially avoiding a runoff.
A Sudan Airways flight from Port Sudan touched down in the capital, marking a tentative step toward reconnecting a nation fractured by conflict.
House Speaker Mike Johnson expressed confidence that Republicans have the votes to pass a stopgap funding bill by Tuesday, aiming to end a partial government shutdown triggered over the weekend amid ongoing immigration policy disputes.
Prominent Venezuelan human rights defender Javier Tarazona has been released after over four years in detention on charges widely condemned as politically motivated, as the government announces a new amnesty law and the U.S. re-engages diplomatically.
Israeli authorities have issued expulsion orders to a Bedouin community near Ramallah, while settler attacks on schools and homes intensify across the occupied West Bank, further constricting Palestinian living space.
Iran's Supreme Leader warns of a broader regional war if the US launches an attack, as Tehran retaliates against the EU's terrorist designation of the Revolutionary Guards by branding European armies similarly. The moves come amidst a significant US naval buildup and fragile diplomatic signals.
A Russian drone strike targeted a bus carrying coal miners in Ukraine's Dnipropetrovsk region on Sunday, killing at least 12 workers and wounding eight others, in what Ukrainian officials describe as a deliberate attack on civilian infrastructure.
Washington has formally accused Havana of orchestrating intimidation tactics against its chief envoy, following a series of heated public confrontations that underscore escalating bilateral tensions.
Venezuela has released more than 30 individuals classified as political prisoners, according to a leading rights organization. The move follows the government's announcement of a proposed amnesty law and comes amid mounting international pressure and domestic calls for faster action.
Nomura's digital asset arm, Laser Digital, reports quarterly losses leading to reduced crypto exposure, even as it aggressively pursues a US banking charter and global expansion, highlighting a dual-track strategy of short-term risk management and long-term infrastructure build-out.
Precious metals markets experienced one of their most volatile weeks on record, with silver plummeting 26% and gold dropping 9% in a dramatic reversal. The sell-off, triggered by shifting U.S. policy expectations, laid bare the market's recent dependence on speculative flows from China, raising questions about stability ahead of the Lunar New Year.
AT&T's landmark deal to acquire Lumen's fiber assets signals a major strategic pivot, creating a new open-access network subsidiary to expand its broadband reach and challenge rivals Verizon and T-Mobile.
Marsh McLennan Agency unveils a group captive insurance solution designed specifically for senior living communities, aiming to provide stable liability coverage and risk management support in a challenging market.
Japan has successfully retrieved sediment containing rare earth minerals from a depth of 6,000 meters in the Pacific Ocean, marking a world-first achievement in deep-sea resource exploration. The mission, part of a strategic push to reduce reliance on Chinese supplies, could reshape global supply chains for critical technology components.
As Illinois Tool Works prepares to report its fourth-quarter results, investors are weighing steady growth forecasts against a history of revenue misses. The report comes amid a mixed performance for the industrial machinery sector.
Atkore International is set to report its quarterly earnings Tuesday morning. Investors will be watching closely to see if the company can overcome recent headwinds in the electrical systems sector and meet Wall Street's forecasts.
