flash-finance

While the central bank’s independence was upheld, other agencies were not so lucky

The independence of the US Federal Reserve rests on a single Supreme Court vote. That is the takeaway of a revolutionary pair of opinions written by Chief Justice John Roberts today.

This may not be the most popular view in the halls of academe, but I think the Supreme Court was right on Monday when it handed President Donald Trump only half a defeat in his wild firing spree across independent federal agencies. By a vote of 6-3, the justices approved Trump’s dismissal of two mem

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Bitcoin Magazine Bitcoin Price Collapses to $59,000 — and the Worst May Not Be Over Bitcoin price has plunged below $60,000 after a perfect storm of ETF outflows, hawkish Fed signals, geopolitical inflation fears and shaken market confidence. This post Bitcoin Price Collapses to $59,000 — and the Wo

Norwegian petroleum production eased in May after April's exceptionally strong performance, but the country's offshore sector continued to outperform expectations. Crude oil production came in 7.2% above official forecasts even as both oil and gas output declined from the previous month, reinforcing

U.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.

Some 72 ships loaded with 19 million barrels of oil have passed through Hormuz in the past 24 hours, Energy Secretary Chris Wright said.

The PCE inflation report will either calm Wall Street or ignite fears of a restrictive Fed.

Palestinian rights advocates hail 'political earthquake' in New York as progressives beat several pro-Israel candidates.