For the central bank to lower interest rates again, officials will likely need to see more notable signs that unemployment is rising.
Category: Appointments and Executive Changes
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Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.
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Peter Zaffino, AIG’s Chief, Is Stepping Down in Latest Executive Reshuffling
The announcement that Peter Zaffino would step down as chief executive in June and become executive chairman sent the insurer’s stock tumbling.
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Will Welch to Leave GQ After 7 Years as Its Top Editor
Mr. Welch worked to move the men’s magazine away from what he called “manly-man tropes.” His next role will be with Pharrell, the men’s designer of Louis Vuitton.
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Paris Opera Names Semyon Bychkov as Its Next Musical Director
Semyon Bychkov will be the musical director for a period when the opera’s performance spaces are under renovation. It’s a chance to add symphonic seasons like at La Scala.
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Supreme Court Increasingly Favors the Rich, Economists Say
A new study found that the court’s Republican appointees voted for the wealthier side in cases 70 percent of the time in 2022, up from 45 percent in 1953.
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Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt
Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdorf Goodman.
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Katherine Maher of NPR Has Come Out on Top Despite Battles With Trump and the CPB
Katherine Maher has taken an unyielding approach to NPR’s biggest battles — which has sometimes put her at odds with her colleagues in public media.
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How Kevin Hassett Became a Trump Loyalist and Fed Chair Contender
Mr. Hassett’s evolution from conservative economist to defender of the president’s economic agenda has raised questions about how he would lead the central bank.
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F.D.A. Turmoil Keeps Spotlight on Its Commissioner
The agency’s high-level turnover and conflicting policy decisions on drug oversight have fueled concerns about the leadership of Dr. Marty Makary.
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BP Names New Boss After Its C.E.O. Steps Down
Meg O’Neill of Australia’s Woodside Energy will lead the London energy giant, replacing Murray Auchincloss, who will exit after less than two years in the role.
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Next Fed Chair in ‘No-Win Scenario’ as Selection Process Draws to a Close
The person picked to replace Jerome H. Powell will be thrust into a credibility problem that will be difficult to escape.