Despite tariffs, it’s still America first for Asia’s legacy automakers
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Bessent suggests Powell should leave Federal Reserve board in May
Trump has made clear that he wants the Federal Reserve chair’s successor to be someone who favours lowering interest rates
Citigroup looks to issue its own stablecoin to smooth payments
JPMorgan Chase announced plans earlier this year to pilot its own deposit token, JPMD, using Coinbase Global-affiliated public blockchain Base
US banks JPMorgan and Citigroup see lower recession risk despite tariff fog
Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses...
Citigroup shares hit highest since 2008 after profit beat, buyback plan
Markets have rebounded and investment banking deals resumed after the initial shock of US tariff announcements in April froze activity
US Fed officials say more needs to be done on financial inclusion
The remarks come after regulators announced a plan to withdraw an overhauled rule meant to tackle redlining and boost lending to lower-income...
