Fed Chief Powell, other officials owned securities central bank bought during Covid pandemic
Federal Reserve Chairman Jerome Powell owned municipal bonds of the same type bought by the Fed during the coronavirus pandemic.
Financial News
France, still mad about that submarine deal, just recalled its ambassadors to the United States and Australia
France said it will immediately recall its ambassadors to the United States and Australia, in protest of a submarine deal unveiled earlier this week.
China’s embattled developer Evergrande is on the brink of default. Here’s why it matters
Evergrande has warned investors twice in as many weeks that it could default on its debts.
U.S., Australia and UK unveil new security partnership as China expands its military and influence
The new trilateral security partnership seeks to strengthen stability in the Indo-Pacific region as China expands its military might and influence.
China’s retail sales grew 2.5% in August, far slower than 7% expected
China’s retail sales grew 2.5% in August from a year ago as the country dealt with the worst outbreak of Covid-19 since its initial spread in early 2020.
Asia-Pacific shares mixed; Evergrande shares tumble following property sales drop warning
The U.S. consumer price index for August is set to be released on Tuesday stateside.
Chinese tech, auto stocks fall on regulatory fears; property developer Soho China drops 36% on failed deal
The Financial Times reported that Beijing wants to break up Ant Group’s Alipay and force the creation of a separate loans app.
‘We were naive’: Ex-CIA, military and diplomatic veterans reflect on lessons learned, 20 years after 9/11
CNBC asked former CIA, military and diplomatic personnel what they feel America has learned — and failed to learn — since Sept. 11, 2001.
Apple can no longer force developers to use in-app purchasing, judge rules in Epic Games case
VIDEO 3:40 03:40 Court ruling could be long-term victory for Apple: The Verge’s Nilay Patel TechCheck Apple ‘s lucrative App Store business received a major blow Friday thanks to a …
Weeks after fleeing Afghanistan, former President Ashraf Ghani issues ‘explanation’ statement to Afghan people — only in English
Afghanistan’s President Ashraf Ghani attends a security meeting in Kabul, Afghanistan August 14, 2021. Afghan Presidential Palace | Reuters More than three weeks after fleeing Kabul by helicopter as the …