President Donald Trump said Friday he is nominating Kevin Warsh to serve as chairman of the Board of Governors of the Federal Reserve System, ending weeks of speculation over who would lead the central bank when Chair Jerome Powell's term expires in May.
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Scenic trains, cruises and concerts: China’s new plan to get consumers spending again
China rolled out a new work plan to boost services consumption as stimulus measures to boost households spending on goods have so far done little to lift demand.
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Trump says he will announce a replacement for Powell as Fed chair Friday morning
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
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Trump Plans to Announce Fed Chair Choice Next Week
President Donald Trump said he intends to announce his pick to replace Federal Reserve Chair Jerome Powell next week, ending weeks of speculation over who will lead the U.S. central bank after Powell's term expires in May. "And it will be a person that will, I think, do...
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Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
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Oil Surges 4% to 5-Month High on Iran Attack Concerns
Oil prices climbed about 4% to a five-month high Thursday on rising concerns that global supplies could be disrupted if the U.S. decides to attack Iran, one of OPEC's biggest crude producers.
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