Rising Inflation Squeezes Nominees for Fed Chair Seat
Jerome Powell and the Federal Reserve Board faced a mounting inflationary crisis on April 12, 2026, while the search for a successor entered a critical phase.
Economy
Showing 169-180 of 533 articles
Global Economies Lack Defenses for Next Downturn
Central bank officials faced a grim reality on April 12, 2026, as structural vulnerabilities left global economies with few tools to fight a potential downturn.
IMF Leaders Confront Deepening Global Oil Price Crisis
Finance ministers from the International Monetary Fund met in Washington on April 12, 2026, to address a global oil shock triggered by the widening war in Iran.
Reeves Outlines Plans to Cut Energy Costs for U.K. Firms
Rachel Reeves announced on April 12, 2026, a series of strategic interventions aimed at insulating British industry from volatile energy markets.
Moody's Warns France Election Gridlock Threatens Debt Fix
Moody's Investors Service issued a formal warning on April 12, 2026, regarding the deteriorating fiscal trajectory of France as political paralysis takes hold in Paris.
Companies Avoid Crypto and Private Equity in 401(k) Plans
Employers slowed plans to add crypto and private equity to 401(k) accounts as legal risk, volatility and fiduciary duties outweighed novelty.
Chinese Leaders Trade Consumer Stimulus for Data Growth
Chinese planners prioritized data infrastructure over broad consumer stimulus, exposing a sharper debate about growth, demand and state-led technology policy.
Social Media Scammers Drain $21 Billion From U.S. Victims
Social media scams drained billions from victims as fraud networks exploited platform trust, fake identities and weak reporting systems.
Mexico Central Bank Ends Vacancy With Heffner Appointment
Aldo Heffner Rodríguez accepted the role of chief economist at Banco de México on April 11, 2026, ending a prolonged vacancy in its monetary policy apparatus.
Conflict in Iran Strains China Energy and Supply Chains
Beijing officials reviewed internal data on April 11, 2026, showing that the self-reliance strategy championed by Xi Jinping is facing its most serious challenge to date.
Yellen and Powell Caution Banks on New AI Cyberthreats
Janet Yellen convened a private briefing with leaders from the world's largest financial institutions on April 11, 2026, to address emerging vulnerabilities in the banking sector.
U.S. Consumer Confidence Plummets to Record Low
JPMorgan’s Kay Herr reported on April 10, 2026, that U.S. consumer sentiment plunged to a record low as Iran-war inflation weighed on households.