As Jerome Powell prepares to hand over the reins, his public counsel to a successor underscores the delicate balance between central bank independence and democratic accountability. With Kevin Warsh named as his replacement, the Fed may be poised for a significant shift in philosophy and approach.
Despite political instability, Libya's low production costs and proximity to key markets are drawing major investment, while Venezuela's vast reserves remain hamstrung by economic and geopolitical hurdles.
With his term winding down, Federal Reserve Chair Jerome Powell offered rare, pointed advice to his eventual successor during a recent press conference, emphasizing the imperative of maintaining the central bank's independence from political influence.
As the S&P 500 hovers near record highs, a confluence of factors—stretched valuations, the economic impact of tariffs, and the uncertainty of midterm elections—points to heightened volatility and potential downturns in 2026, historical analysis suggests.
Global equities showed tentative signs of stabilization Wednesday following a sharp, AI-driven selloff, while rising U.S.-Iran tensions lifted oil prices and bargain hunters returned to precious metals.
From electric cars and space rockets to social media and brain chips, Elon Musk's ambitions are as vast as his wealth. As he consolidates his empire and wades deeper into political waters, we examine the man behind the headlines—a figure of monumental achievement, relentless controversy, and unparalleled influence.
Taiwan Semiconductor Manufacturing Company (TSMC) announced plans Thursday to manufacture cutting-edge 3-nanometer semiconductors at its second plant in Kumamoto, Japan. The move, a significant win for Prime Minister Sanae Takaichi's industrial policy, aims to meet soaring global AI demand and reshapes the geopolitics of advanced chipmaking.
A recently restored angel fresco in a historic Roman church, which drew controversy for its striking likeness to Prime Minister Giorgia Meloni, has been altered overnight following a directive from Vatican officials. The incident ignited a debate over the intersection of art, politics, and sacred spaces.
A Rome parish priest has ordered the removal of a restored angel fresco bearing the likeness of Prime Minister Giorgia Meloni, following criticism from church officials and political opponents. The controversial image, which drew crowds away from prayer, has been painted over, reigniting debates over art, politics, and sacred spaces.
The Washington Post informed staff of significant layoffs and operational cuts Wednesday, including the closure of its Sports desk and daily podcast, as the newsroom grapples with financial pressures and a strategic pivot toward politics coverage.
Former Prime Minister Abhisit Vejjajiva's return to frontline politics is galvanizing Thailand's oldest party, the Democrats, injecting new uncertainty into a snap election and appealing to voters frustrated by limited choices.
Senate Minority Leader Chuck Schumer's comparison of the SAVE Act to 'Jim Crow' laws draws criticism, as critics point to his similar claims about Georgia's voting law which were followed by record minority voter turnout.
Saif al-Islam Gaddafi, the once heir-apparent to his father Muammar Gaddafi's regime and a complex figure in Libya's turbulent post-revolution politics, has been killed in western Libya, close associates confirm, closing a tumultuous chapter in the country's history.
Director of National Intelligence Tulsi Gabbard has formally justified her presence at an FBI search of a Georgia election facility, asserting her actions were within her legal authority to protect election integrity from foreign threats.
From Mussolini's Rome-Berlin Axis to Bush's 'Axis of Evil,' the term has evolved into a potent geopolitical label. Its revival to describe groupings like the 'Axis of Upheaval' reveals how language frames modern conflicts and defines the boundaries of legitimacy in international politics.
Bitcoin staged a tentative recovery Monday, clawing back some losses after a volatile weekend saw prices plunge 11%. Analysts point to the return of institutional and ETF activity, though broader market headwinds from geopolitics to potential Fed policy shifts continue to cloud the outlook.
The deep cuts at The Washington Post, blessed by owner Jeff Bezos, mark a pivotal moment. They underscore a broader trend where ultra-wealthy patrons are less saviors and more architects, fundamentally redefining news organizations to fit their vision—and their politics.
In a major policy reversal, the U.S. Commodity Futures Trading Commission has formally withdrawn a contentious 2024 proposal that sought to outlaw event contracts tied to politics, sports, and conflict. Chairman Michael S. Selig dismissed the plan as a politically motivated overreach, signaling the agency's intent to regulate—not stifle—the fast-growing prediction market sector.
Crude oil futures showed minimal movement Thursday, caught between hopes for eased Middle East tensions from upcoming diplomatic talks and supportive supply data. Gasoline futures edged higher as traders weighed mixed signals from inventories and geopolitics.
A new Congressional Budget Office analysis reveals the staggering financial cost of deploying troops to American cities, raising profound questions about policy, politics, and civil-military boundaries.
