Trump Says He Is Leaning Toward Warsh or Hassett to Lead the Fed
In an interview with The Wall Street Journal, the president said the next Fed chair should consult with him on interest rates.
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U.S. Stocks Slip on Technology Pullback
Stocks stumbled to end the week with the Nasdaq composite dragged lower by a drop in Broadcom shares.
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Fed Officials Spar Over Whether Rate Cuts Risk Credibility on Inflation
Policymakers who will vote on rates next year remain divided on the path forward.
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Wall Street Is Having One of Its Best Years Ever
Forecasts from executives this week suggest record trading revenues and big investment banking fees
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Trump Administration Approves First Round of Crypto-Focused Banks
Circle, Paxos and Ripple are among those receiving conditional approval.
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Canada Says Tighter Limits on Steel Imports to Take Effect on Dec. 26
The limits, aimed at supporting the country's steel sector amid hefty U.S. tariffs, will largely shut out countries that don't have free-trade agreements with Ottawa.
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Cannabis Stocks Surge. Trump May Reclassify Marijuana-but White House Says a Final Decision Hasn't Been Made.
The reclassification of the drug would reduce the tax burden on the companies.
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U.K. Economy Contracts Again, Likely Cementing BOE Rate Cut
Economic activity dipped 0.1% on month in October. Economists polled by The Wall Street Journal had expected an increase.
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China to Implement Export Controls on Some Steel Products
Officials said exporters would need permission to ship any of 300 specified steel products starting Jan. 1.
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Week Ahead for FX, Bonds: U.S. Data, Rate Decisions in Japan, Eurozone, U.K. in Focus
Key delayed U.S. data on jobs and inflation will be closely watched as investors gauge how much further the Federal Reserve is likely to cut interest rates.
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Hope for More Rate Cuts Is Tempting Buyers Back to Bonds
Treasury yields have fallen since the Fed's decision, and the Dow Jones Industrial Average hit a record Thursday.
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China's Next Play in AI Race? Faster, Easier IPOs
Regulators over the summer reopened a pathway for unprofitable startups in strategic industries to go public.
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Why the White House Says Inflation Is 2.5%-and Why It's Actually Higher
Inflation was 3% year over year in September, according to the Bureau of Labor Statistics.
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Fed Board Votes Unanimously to Reappoint Reserve Bank Presidents
The reappointment process had always been an under-the-radar administrative process that didn't attract attention-until this year.
(END) Dow Jones Newswires
December 12, 2025 17:00 ET (22:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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