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INSANE: 51 | Vintage Vibes

Wall Street Sets New Records As Magnificent Seven Valuation Tops $18.5 Trillion: This Week In Markets

Wall Street extended its historic rally this week, with major benchmarks such as the SP 500 and the tech-heavy Nasdaq 100 hitting fresh all-time highs, as strong corporate earnings, robust economic data and AI-fueled tech momentum continued to boost investor optimism.

Benzinga · Jul 18, 2025

Trump Just Got A $756 Billion Message From China — And It's Not Friendly

Despite a Washington-Beijing trade truce at May’s Geneva summit, China just dropped its U.S. Treasury holdings to the lowest level in over 16 years ― and the timing couldn't be more telling.

Benzinga · Jul 18, 2025

Fed officials grow more outspoken—and split—over interest rate cuts

Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.

Fortune · Jul 18, 2025

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G20 finance ministers reach consensus on key economic issues

US set to shift its approach towards G20 when it takes over group’s rotating presidency from South Africa in December.

Al Jazeera · Jul 18, 2025

Stocks climb as market is buoyed by Trump’s decision not to fire Powell

Evening Standard · Jul 18, 2025

G20 Nations Agree Central Bank Independence 'Crucial'

The G20 finance ministers stressed Friday that central banks must remain independent, after months of escalating attacks by US President Donald Trump on Federal Reserve boss Jerome Powell.

International Business Times · Jul 18, 2025

Trump appointees pushed more marble in Fed building renovation White House now attacks

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates

The Independent UK · Jul 18, 2025

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Stephen Colbert on Trump’s Epstein controversy: ‘Desperately looking for a scapegoat’

Late-night hosts discuss Trump’s scramble to deflect from his ties to Jeffrey Epstein, his beef with Jerome Powell and CBS’s cancellation of the Late Show

The Guardian - US · Jul 18, 2025

Trump's Fed Pick? He's Cutting First, And Cutting Powell Out

Federal Reserve Governor Christopher Waller made his most assertive case yet for a July rate cut—and signaled he's ready to take Jerome Powell's seat if President Donald Trump asks.

Benzinga · Jul 18, 2025

Trump calls Fed chair ‘a numbskull’ who ‘makes it difficult for people to buy a house’

In new attack, US president accuses Jerome Powell of preventing central bank from lowering interest rates

The Guardian - UK · Jul 18, 2025

Can Donald Trump fire Jerome Powell, US Federal Reserve chair?

Trump questions Fed Chair Powell’s tenure, hints fraud, yet experts view removal improbable due to legal constraints.

Al Jazeera · Jul 18, 2025

Jerome Powell sends point-by-point response to White House about Fed office renovations

And addresses speculation about VIP dining rooms and elevators, marble facades and water fountains.

Fortune · Jul 18, 2025

Elizabeth Warren fears Trump's next Fed pick won't have the 'brains and guts' to stand up to him

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

Fortune · Jul 18, 2025

Fed Governor Christopher Waller Calls For 25 Bps Cut In July, Cites 'Stall Speed' Jobs Data—Says Tariff-Driven Inflation Shouldn't Stop Easing As Trump Pressures Jerome Powell

Federal Reserve Governor Christopher Waller just made the case for cutting interest rates at the Federal Open Market Committee's July meeting.

Benzinga · Jul 18, 2025

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Benzinga · Jul 18, 2025

Jerome Powell Defends $2.5 Billion Fed HQ Overhaul, Says 'No VIP Dining Rooms,' No Private Elevators As Trump Allies Slam Project Over Versailles-Style Excess

Federal Reserve Chair Jerome Powell responded to scrutiny over the central bank's multi-billion-dollar, multi-year renovation of its Washington, D.C. headquarters, emphasizing that the project is being managed responsibly, with no extravagant features or misuse of public funds.

International Business Times · Jul 18, 2025

What To Know About Trump's Effort To Oust Fed Chair Powell

US President Donald Trump this week escalated attacks on central bank chair Jerome Powell, suggesting he could be dismissed for "fraud" over his handling of a renovation project at the Federal Reserve's headquarters.

The Independent UK · Jul 17, 2025

Federal Reserve's Waller says central bank should cut rates at next meeting

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts

The Independent UK · Jul 17, 2025

Federal Reserve says building renovation complies with law, defends costs

Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion that they had violated the law by deviating from those plans

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The Independent UK · Jul 17, 2025

Businesses are already passing the cost of tariffs onto consumers, Federal Reserve survey finds

Prices are expected to rise even more by late summer, the Federal Reserve said

Fortune · Jul 17, 2025

Stocks rise Thursday after strong corporate earnings reports

Stocks closed higher on Thursday, thanks to a slew of positive corporate earnings reports and better-than-expected economic data.

The Guardian - US · Jul 17, 2025

White House seeks inspection of Fed building as Trump piles pressure on Powell

US president has suggested the central bank mismanaged funds for renovations at the Federal Reserve headquarters

Evening Standard · Jul 17, 2025

FTSE 100 closes up despite ‘harsh’ UK jobs data

The FTSE closed up 46.09 points, 0.5%, at 8,972.64.

We Got This Covered · Jul 17, 2025

‘The independence of the Fed is absolutely critical’: Jamie Dimon warns Trump against firing Jerome Powell

Markets drop, Trump walks back, repeat.

Reason · Jul 17, 2025

Death to Big Bird

Plus: Jerome Powell on Trump's kill list, conservatives embrace speech restrictions, homeschooling heat, and more...

International Business Times UK · Jul 17, 2025

Who Appointed Jerome Powell and Can President Trump Fire Him? What You Need to Know

Jerome Powell, appointed by Trump, faces firing threats. Legal limits and market risks loom. Legal hurdles and recent backtrack suggest it's unlikely, but tensions remain.

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