2024-12-04

South Korean president reverses martial law declaration after immediate opposition from parliament

In this handout image provided by South Korean Presidential Office, South Korean President Yoon Suk-Yeol speaks during the declaration of emergency martial law at the Presidential Office on December 03, 2024 in Seoul, South Korea.  South Korean Presidential Office | Getty Images South Korean President Yoon Suk Yeol backed down early Wednesday after tossing his country into turmoil by suddenly…

Read More

2024-08-20

Trump, Harris inflation arguments questionable: Chicago Fed president

Austan Goolsbee speaking at Jackson Hole on Aug. 8, 2023. David A. Grogan | CNBC Chicago Federal Reserve President Austan Goolsbee on Sunday warned against misrepresenting the inflationary impacts of corporate price hikes and tariffs, which have become focal points of the Trump and Harris campaigns’ economic platforms. Goolsbee steered away from directly speaking on the presidential race given…

Read More

2024-08-06

San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Friday, Feb. 16, 2024.  Graeme Sloan | Bloomberg | Getty Images San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this year…

Read More