Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.
China Reveals $1.4 Trillion Plan to Bail Out Local Governments

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.