A landmark Senate hearing this week will examine the potential cultural and economic fallout of Netflix's proposed acquisition of Warner Bros. Discovery, amid fears it could create an unprecedented 'stream-opoly'.
With a partial government shutdown entering its third day, the House prepares to vote on a Senate-crafted funding deal. While Speaker Johnson eyes a Tuesday resolution, deep partisan divisions over Homeland Security funding and procedural hurdles threaten to prolong the stalemate, leaving thousands of federal employees working without pay.
With the House of Representatives adjourned until Monday, a partial government shutdown continues after the Senate's late-Friday passage of a stopgap spending package failed to meet the deadline for dozens of agencies.
President Trump's nomination of former Fed governor Kevin Warsh to lead the central bank has sparked immediate concerns on Wall Street about political influence over monetary policy, setting the stage for a contentious Senate confirmation battle.
President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor known for his hawkish views and nuanced stance on Bitcoin, to chair the central bank. The move sets the stage for a contentious Senate confirmation battle and could herald a significant shift in U.S. monetary policy.
In a landmark day for digital asset policy, U.S. regulators unveiled a coordinated initiative while a key Senate committee advanced market structure legislation, signaling a potential end to years of regulatory uncertainty.
Major financial institutions Barclays and Morgan Stanley maintain projections for two interest rate cuts in 2024, despite President Trump's nomination of inflation hawk Kevin Warsh to chair the Federal Reserve. Analysts suggest policy continuity in the near term, though Senate confirmation faces political hurdles.
The French government has secured parliamentary approval for its 2026 budget, ending a months-long impasse after Prime Minister Sebastien Lecornu weathered a series of no-confidence motions. The passage followed strategic concessions to the Socialist party, a key swing bloc.
The Bureau of Labor Statistics has suspended data collection and delayed the January employment report as a partial government shutdown cuts off its funding, echoing disruptions from last year's historic closure.
Regional banks like Fifth Third are betting on a historic profit surge if Kevin Warsh reshapes the Fed. But Wall Street warns his ambitious plan to slash rates and shrink the balance sheet faces fierce internal and political headwinds, threatening market stability.
Senior executives from the cryptocurrency and traditional banking sectors are set to meet with White House officials this week, as policymakers seek to bridge a critical divide over stablecoin regulations following a sharp market downturn.
After years of aggressive rate hikes blamed for stifling manufacturing and squeezing truckers, the nomination of Kevin Warsh to lead the Federal Reserve suggests a pivotal policy shift. This analysis examines the toll of recent monetary policy on the freight sector and what a Warsh-led Fed might mean for its recovery.
Indonesian authorities have conditionally lifted the ban on the Grok AI chatbot after receiving a detailed compliance plan from X Corp. The move follows regional concerns over the platform's misuse for generating explicit deepfakes.
After months of political gridlock and a series of no-confidence votes, France's parliament is poised to adopt the contentious 2026 budget. The survival of Prime Minister Sebastien Lecornu's government hinges on Monday's vote, marking a critical juncture for the nation's fiscal and political stability.
As Kevin Warsh emerges as a frontrunner for Federal Reserve Chair, former colleagues paint a picture of a consensus-seeking listener. But with the Fed facing internal divisions and external pressure, questions remain: Is his collaborative style the steady hand needed, or a potential liability in times of crisis?
A federal appeals court has dismissed a Justice Department misconduct complaint against U.S. District Judge James Boasberg, ruling the government failed to substantiate its allegations regarding the judge's public comments.
Congress faces a critical vote to avert a prolonged shutdown, while newly released documents shed light on the Minneapolis shooting involving immigration officers and the Epstein case continues to reverberate.
The famed Pennsylvania groundhog saw his shadow on Gobbler's Knob, forecasting a prolonged winter season as thousands braved the cold for the iconic ceremony, while meteorologists warn of ongoing cold spells across the eastern U.S.
In a candid '60 Minutes' interview, Senator Rand Paul (R-Ky.) sharply criticized the Trump administration's handling of the fatal shooting of Alex Pretti, stating public trust has been irreparably damaged and questioning the impartiality of a federal investigation.
A last-minute, short-term extension of the cornerstone US-Africa trade program AGOA has been passed, averting immediate expiration but leaving businesses and governments on both continents anxious about the partnership's long-term trajectory.
