Jerome Powell: steely Fed chair standing firm in face of Trump’s threats
Highly respected figure has cast off restrained approach in defending central bank from escalating attacks
Music executive LA Reid settles sexual assault lawsuit on day civil trial was due to begin
The former Arista Records chief executive had faced allegations that he derailed the career of former employee Drew Dixon after she rejected his advances
Lloyds questioned by watchdog over use of staff banking data in pay talks
ICO says it is making inquiries with banking group over data privacy after it accessed 30,000 staff accounts
Trump warns of ‘complete mess’ if supreme court rejects tariffs
US president speaks after saying that any country that does business with Iran will face 25% levy on trade with US
Co-op refuses its will-writing service because I was born in Russia
This was even though I had revoked my citizenship and now have dual British and German nationality
Russia working to circumvent sanctions to ensure India oil imports continue
Delhi is world’s second largest purchaser of Russian crude, which is now cheaper than oil from Middle East
UK retailers endure ‘drab December’ as non-food sales fall flat
Sales of clothes and computers fall, but discount supermarkets Aldi and Lidl enjoy bumper trading
Coal power generation falls in China and India for first time since 1970s
‘Historic’ moment in biggest coal-consuming countries could bring decline in global emissions, analysis says
Why is Trump’s justice department investigating Fed chair Jerome Powell?
Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates
US bond markets should be in revolt. Fed independence matters
It is a perilous time to mess with the principle that rate-setters under an independent system should be free of political pressure
Trump’s attempt to control Fed ‘undermines America’, Elizabeth Warren warns
Senator condemned president’s bid to weaken central bank’s independence and examined Democrats’ future
Ex-Fed chairs condemn Trump’s bid to weaken central bank’s independence
Statement signed by 13 former senior officials condemns ‘unprecedented’ assault on Fed’s independence
Google parent Alphabet hits $4tn valuation after AI deal with Apple
After Apple chose Gemini to power Siri, Alphabet surpassed Apple to become second-most valuable company in world
Trump’s attempts to influence Fed risk 1970s-style inflation and global backlash’
Analysts warn that White House pressure on US central bank to cut interest rates could put economy in danger
Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns, as dollar weakens – as it happened
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