64 stories found
A US federal jury has found billionaire Elon Musk liable for defrauding Twitter investors through public statements made during his 2022 takeover bid, which artificially lowered the company's stock price.
The Federal Reserve is in a waiting period, contemplating its next moves as the stock market experiences a reversal influenced by wartime conditions, adding complexity to economic forecasts.
The South African rand remained steady as global financial markets reacted to a hawkish stance from the US Federal Reserve and ongoing tensions in the Middle East.
Former FBI Deputy Director Dan Bongino has slammed National Counterterrorism Center Director Joe Kent’s claim that Iran posed “no imminent threat”.
The director of the US Federal Reserve (FED), Jerome Powell, stated today that interest rates will remain unchanged in the range of 3.5 to 3.75 percent, pr
The German stock market, represented by the DAX, is expected to see slight gains as the energy market shows signs of easing. All attention is now focused on the upcoming interest rate decision by the US Federal Reserve.
Wall Street closed higher as traders shifted their attention to the US Federal Reserve, anticipating its next moves.
Brendan Carr, head of the US Federal Communications Commission, has indicated that the agency is exploring ways to accelerate the review process for broadcast licenses.
An article draws comparisons between Kevin Warsh and previous Federal Reserve chairs such as Powell, Yellen, and Bernanke, suggesting similarities in their potential approaches or influence.
Federal Reserve Chair Jerome Powell has said he is being investigated ostensibly for comments he made about the pricey renovations of the Fed's headquarters.
Former Venezuelan President Nicolas Maduro is reportedly being held in solitary confinement in a federal prison in Brooklyn, New York, after his arrest during a US operation and transfer to the United States.
A Mauritanian man has been charged with voter fraud for allegedly casting illegal ballots in every US federal election since 2008 in Philadelphia.
The US Federal Reserve has issued a warning that 'economic uncertainty' is currently having a negative impact on consumer sentiment and behavior.
German readers are questioning whether the Bundesbank should retrieve its gold reserves stored at the US Federal Reserve, fearing potential access by Donald Trump. An economist from the Kiel Institute for the World Economy advises against such a move.
Cryptocurrency exchange Kraken has reportedly won access to the US Federal Reserve's core payments system, according to a Wall Street Journal report.
A US federal court has ruled that Immigration and Customs Enforcement (ICE) unlawfully terminated an Indian student's visa status over a dismissed traffic ticket. The judge criticized the agency's arbitrary decision, which lacked due process and forced the student to halt his studies. The ruling condemns ICE's reliance on minor or dismissed infractions to revoke student visas.
The Bank of Korea has adopted a new forward guidance strategy, aligning its communication with the US Federal Reserve's dot plot to provide clearer signals on future monetary policy.
Chinese firm DJI, the world’s largest drone manufacturer, has sued the US Federal Communications Commission for adding it to a blacklist which restricts sales in the United States, the company said Wednesday. DJI has faced growing scrutiny from Washington in recent years, including for its alleged role in surveilling ethnic minorities in China and its […]
The US Federal Reserve is reportedly moving to remove reputation risk as a factor in its bank reviews, potentially altering how financial institutions are assessed.
Federal grants in the United States are being utilized to accelerate the development and strengthening of the domestic nuclear fuel supply chain.
LIG Nex1 on Tuesday dismissed speculation that the planned US initial public offering of its robotics subsidiary Ghost Robotics has been delayed, reiterating that the listing remains on track for 2029 as originally agreed. Market rumors surfaced this week suggesting the IPO could be pushed back due to weakened short-term earnings visibility, partly stemming from last year’s US federal government shutdown, which disrupted procurement schedules and delayed key defense contracts. Ghost Robotics, ac
Gold prices are increasing in anticipation of the release of the US Federal Reserve minutes.
A U.S. Federal District Court has ruled that new rules imposed by the Department of Defense restricting media activities violate the constitutional guarantee of freedom of the press, ordering their revocation.
Singapore's stock market experienced a decline, with the STI falling 0.7%, following the US Federal Reserve's decision to hold firm on interest rates.
The Federal Reserve maintained its key interest rate, citing economic and geopolitical uncertainty. Following this, Hong Kong's monetary authority also kept its base rate unchanged, with analysts noting the Middle East conflict adds to rate cut uncertainty. Fed Chair Powell stated that 'stagflation' is a 1970s term and not what the economy faces today, adding it's too soon to judge the war's impact as inflation keeps the Fed on hold.
Due to an 'uncertain' economic outlook because of the war in Iran, the Fed has raised its inflation outlook, now expecting its preferred personal consumption expenditures (PCE) measure to stand at…
Samir Ousman Alsheikh, a former Syrian prison chief, has been convicted in a U.S. federal court on charges of torture and immigration fraud, marking a historic first for an Assad-era official.
Two months after the chaotic final of the African Football Championship, the continental federation awarded a default victory to Morocco.
A US federal jury has convicted an Assad-era Syrian official on charges of torture, marking a significant legal action against human rights abuses.
The US Federal Reserve has announced plans to lower capital buffers for major US banks, a move that could impact financial regulations and stability.
US Fed expected to hold rates steady as Iran war roils outlook The Daily Star
Research Solutions, Inc. (RSSS) is reportedly being negatively affected by the withdrawal of funds by the US Federal Government.
A US Federal Court has dismissed all claims against Binance in an anti-terrorism lawsuit, clearing the cryptocurrency exchange of allegations related to terrorism financing.
The Cyprus Federation of Employers and Industrialists (Oev) said this week that a revised decree on the employment of foreign students from third countries had been published in the Official Gazette of the Republic, setting out the sectors and professions in which they may work in Cyprus. Under the decree, students may only take up […]
The US federal agency responsible for assisting small businesses has ceased providing essential funding to immigrant entrepreneurs, aligning with the 'America First' agenda.
The US Federal Reserve's 'Beige Book' report indicates that economic uncertainty stemming from President Trump's tariffs is negatively impacting consumer confidence.
A Nigerian national receives a 19-year romance scam jail term in a US federal prison for his part in a $4 million wire fraud and BEC scheme. Read More:…
The Director of the US Federal Bureau of Investigation (FBI), Kesh Patel, has fired at least 10 employees involved in the investigation into the President's secret retention of classified documents…
A US federal judge has declared the Trump administration's policy of deporting asylum seekers to third countries unlawful, citing failures in due process and protection.
The Bank of England is asserting its independence from the US Federal Reserve's monetary policy decisions, noting that the Fed's actions can have varied impacts on the UK economy.
The US federal judiciary's policymaking body has written to Congress, requesting control over courthouses, citing slow repairs by the General Services Administration.
The US Federal Reserve is soliciting public comments on a proposal to remove "reputation risk" from its bank supervision framework.
As political pressure on the US Federal Reserve intensifies in Washington, the reverberations are rippling across the globe. Gregory Peters, co-chief investment officer of fixed income at PGIM, has noted that bringing political pressure to bear on the Fed is an “own goal” – a self-inflicted shock that erodes confidence and is unlikely to deliver lower borrowing costs for the US. This reassessment – marked by quiet “sell America” trades – is beginning to surface. The damage extends far beyond...
A US federal judge has denied the asylum request for the family of five-year-old Liam Conejo Ramos, whose case sparked nationwide outrage after his arrest in Minnesota, paving the way for their deportation as the case now enters the appeals phase.
The Federal Reserve has maintained its benchmark interest rate, with inflation fears continuing to linger and influence the central bank's monetary policy outlook.
Iran War, looming El Niño herald misery for Sarb's inflation target Daily Maverick
The US Federal Reserve is widely expected to maintain its current interest rates, with market odds for an unchanged decision reaching 100%.
The long-awaited return to the stage of K-pop sensation BTS is set to boost South Korea's tourism and consumer economy. Our regional correspondents report. But first: the war in Iran upends the spring travel season for airlines and passengers alike, and investors await the latest rate call from the US Federal Reserve.
German Chancellor Merz is scheduled to deliver a government statement, with investors closely watching the US Federal Reserve's interest rate outlook amid an oil price rally, and questions arising about Wolfram Weimer's reception in Leipzig.
The US President Donald Trump’s administration has asked a judge to reconsider his ruling that effectively blocked a criminal investigation into US Federal Reserve Chairman Jerome Powell, following an earlier ruling that found no evidence to justify the probe.
The US Federal Reserve will hold a monetary policy meeting this week, with markets anticipating no interest rate cut amid inflation concerns and focusing on Chairman Powell's remarks. Investors are also looking forward to earnings reports from Micron and FedEx.
US federal authorities have reportedly intercepted encrypted messages believed to be from Iran, potentially signaling calls for action to Iranian agents outside the country. A warning has been issued to law enforcement agencies.
55-year-old Kevin Warsh will start as the chairman of the US Federal Reserve in the spring. But will he become a monetary policy hawk or a dove?
Two months after his arrest by US forces, former Venezuelan President Nicolás Maduro is now in a federal prison in New York, awaiting a trial that is expected to be decisive for his political and criminal fate.
Alan Greenspan, the former head of the US Federal Reserve and a renowned central banker, celebrates his 100th birthday, with his words still carrying weight.
A report indicates that the U.S. federal civilian workforce has decreased by 12% since 2024.
Kraken's banking division has become the first cryptocurrency firm to obtain a payments account with the US Federal Reserve, marking a significant step for crypto integration into traditional finance.
Trump Administration Shuns Anthropic, Embraces OpenAI in Clash Over Guardrails WSJ
A US federal judge has ruled that the Trump administration's policy of deporting irregular migrants to third countries with which they have no connection is illegal. The judge, Brian Murphy from Boston, temporarily suspended the ruling.
A US federal judge ruled against the Trump administration's practice of expedited deportation of undocumented immigrants to third countries, declaring it unlawful.
Market expectations have dramatically shifted, with bets soaring that the US Federal Reserve will cut interest rates to 2% by 2027, reversing previous concerns about inflation and rate hikes.
As US federal charges loomed for Epstein, newly released documents show offshore structuring, rejected bank transfers.
Christine Lagarde highlighted the importance of central bank independence, particularly in the context of doubts surrounding the US central bank's direction due to pressure from Donald Trump and the future of Kevin Warsh.
The Trump administration is recruiting tech industry leaders to train 'elite' government coders, aiming to modernize the digital infrastructure of US federal agencies.