It’s the fourth Fed day of the year — and it’s set to be Jerome Powell’s swan song.The Federal Open Market Committee will announce its April interest rate decision at 2 p.m. ET. Powell’s term ends on May 15, making this meeting his last, pending the confirmation of Kevin Warsh,…
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The AUD/USD pair continues with its struggle to conquer the 0.7200 mark and attracts some sellers during the Asian session on Wednesday, following the release of Australian consumer inflation figures. The data falls short of expectations and exerts some pressure on the Australian Dollar (USD). Furthermore, the US-Iran peace talks uncertainty underpins the safe-haven US Dollar (USD) and drags spot prices to the 0.7160 area, though the downside remains cushioned ahead of the FOMC policy…
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the…
As the robotics world races to mature beyond closed demonstrations, founders and CEOs in the…
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Elon Musk dropped some big names on Tuesday as he sought to convince an Oakland federal jury that he is serious about AI safety. Loading audio narration… He told the nine-person jury that he had a one-on-one meeting with former President Barack Obama in 2015. Instead of asking for favors…
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Citadel CEO Ken Griffin called New York City Mayor Zohran Mamdani’s viral video—which singled out Griffin and his Manhattan penthouse while announcing a new tax—a “personal attack” and a “profound lack of judgment.” On April 15, Mamdani posted a video spotlighting Griffin’s property to announce a new pied-à-terre tax. The…
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If you’re renewing your passport this summer, you might be able to get one with President Donald Trump’s face on it. Loading audio narration… The State Department is releasing a commemorative passport for the 250th anniversary of the United States’ Declaration of Independence.The design includes Trump’s face on the inside…
