Hassett: New Fed Chair Should Be 'Independent Person' Who Respects Mandates
White House adviser Kevin Hassett, one of the candidates in the running to replace Federal Reserve Chair Jerome Powell, told CNBC in an interview on Thursday that the central bank's new chair should be "an independent person who respects the mandates."
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US 3rd-Quarter Economic Growth Revised Upward to 4.4%
The U.S. economy grew a bit faster than initially thought in the third quarter, the government said Thursday, while corporate profits were also revised higher.
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'Nobody’s going to believe him': Trump’s Greenland 'deal' sparks relief — and confusion
Trump said he had the "concept of a deal" on Greenland, but didn't share details of the agreement — or who agreed to it.
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US Unemployment Claims Increase Marginally
The number of Americans filing new applications for unemployment benefits increased less than expected last week, suggesting the labor market maintained a steady pace of job growth in January.
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US Energy Secretary Urges Doubling Global Oil Output
The world needs to more than double oil production, U.S. Energy Secretary Chris Wright said Thursday, while criticizing the European Union and the U.S. state of California for wasting money on what he described as inefficient green energy.
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