Business

Trump’s legal attack on Powell underscores his aim for full control over Fed

Trump’s legal attack on Powell underscores his aim for full control over Fed

WASHINGTON (AP) — The Department of Justice’s threat to criminally indict Federal Reserve Chair Jerome Powell has set up a tense showdown between the White House and the U.S. central bank, with Po...

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Powell says DOJ has subpoenaed central bank, threatens indictment

Powell says DOJ has subpoenaed central bank, threatens indictment

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimo...

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A $400,000 payout after Maduro’s capture is putting prediction markets in the spotlight

A $400,000 payout after Maduro’s capture is putting prediction markets in the spotlight

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro. The lat...

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The harsh realities of Arctic mining undercut Trump’s argument to take Greenland

The harsh realities of Arctic mining undercut Trump’s argument to take Greenland

Greenland’s harsh environment, lack of key infrastructure and difficult geology have so far prevented anyone from building a mine to extract the sought-after rare earth elements that many high-tec...

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Trump pushes a 1-year, 10% cap on credit card interest rates. Banks balk

Trump pushes a 1-year, 10% cap on credit card interest rates. Banks balk

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew im...

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Musk’s Grok chatbot restricts image generation after global backlash to sexualized deepfakes

Musk’s Grok chatbot restricts image generation after global backlash to sexualized deepfakes

LONDON (AP) — Elon Musk’s AI chatbot Grok is preventing non-paying users from generating or editing images after a global backlash erupted over sexualized deepfakes of people, but the change has n...

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