Finance

Finance · 6 days ago

White House delays Fed governor hearing, touts robust robust robust robust schedule

Helen Pell, Washington desk

The administration pushed back the hearing for Fed Governor Lisa D. Cook after her lawyers flagged scheduling issues, while officials peppered the briefing with the word “robust” four times.

Finance · 5 November 2026

Trade Deficit Sticks Around Like an Unwanted Houseguest

Helen Pell, Washington desk

The U.S. trade deficit stayed elevated in September, remaining at a relatively high level and defying President Trump’s attempts to shrink it with tariffs.

Finance · 4 November 2026

US markets react to Democrats' midterm win: Dollar dips, gold shines, and bonds rally amid cautious optimism

Helen Pell, Washington desk

The US dollar experiences a decline as investors seek stability in gold and government bonds following the Democrats' midterm election win. The market responds cautiously to the political shift, with oil prices remaining…

Finance · 31 October 2026

ECB posts ‘robust’ job ad, hunting for chief who can balance rates, rhetoric and runway walks

Helen Pell, Washington desk

The European Central Bank has issued a tongue‑in‑cheek recruitment notice for its next president, demanding political acumen, economic wizardry and a flair for the dramatic.

Finance · 30 October 2026

Amazon’s AI Data‑Center Push Burns Cash, Leaves Wall Street Sweating

Helen Pell, Washington desk

Amazon announced swelling AI‑related data‑center investments on Thursday, a move that has sent its share price stumbling and left Wall Street uneasy about the cash burn.

Finance · 28 October 2026

GM Ditches NYSE for Nasdaq After More Than a Century

Helen Pell, Washington desk

General Motors is shifting its stock listing from the New York Stock Exchange to the Nasdaq, ending a century‑long tenure on the NYSE and signaling a stronger tech‑focused identity.

Finance · 28 October 2026

Fed’s ‘Robust’ Briefing Holds Rates Steady While Inflation Takes a Detour

Helen Pell, Washington desk

The Federal Reserve is expected to keep interest rates unchanged, even as inflation drifts the wrong way and the labor market stays steady, prompting a bewildered Warsh to justify the decision.

Finance · 28 October 2026

Goldman and Morgan Stanley Duel Over Anthropic IPO, Leaving Investors to Wonder Who Gets the ‘Robust’ Badge

Helen Pell, Washington desk

Goldman and Morgan Stanley are locked in a competitive scramble to be the lead underwriter for Anthropic’s upcoming IPO, each touting their own brand of robust market prowess.

Finance · 24 October 2026

US Lifts Tariffs on Canadian Machinery, Adds New Carpet Tariff Ahead of Midterms

Helen Pell, Washington desk

Starting 30 October the White House will ease tariffs on certain Canadian machinery while imposing a new tariff on Canadian carpets, a move that coincides with the looming midterm elections. The shift makes U.S. firms�…