Republican Sen. Thom Tillis vows to block Trump's Fed nominees following Powell probe
Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.

Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.
Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."
His comments come shortly after Exxon CEO Darren Woods said the Venezuelan market is "uninvestable" in its current state.
JPMorgan Chase CEO Jamie Dimon marks 20 years as CEO this month. Insiders say he remains as involved as ever managing the sprawling operations of the megabank.
The 2025 holiday season was solid for some retailers as they posted modest growth, but results failed to blow away expectations.
Trump's tariffs have resulted in rising job cuts and less investment, according to a survey from the Association for Supply Chain Management and CNBC.
Budget airlines in the U.S. like Allegiant and Sun Country have faced a surge in costs following the pandemic and the increase in domestic capacity.
Jersey Mike's plans to open 400 stores in the U.K. and Ireland, with more locations to follow in Europe.
Now is the time to consider how changes in tax law, along with tax-efficient investing strategies, can boost your portfolio.
Spot gold advanced higher to hit over $4,600 an ounce for the first time.
Meta highlighted that many Australian teens are circumventing its new social media ban by using alternative platforms such as Yope and Lemon8.
The unrest in Iran, which started in late December over soaring prices and the collapse of Iran's currency, has intensified and morphed into wider antigovernment protests.
The CEOs of Exxon and Conoco are wary of returning to Venezuela. Chevron is ready to quickly ramp up production.
Any use of judicial process against the funds will interfere with efforts to "ensure economic and political stability in Venezuela," the order says.
GM has filled its new Detroit headquarters with artifacts, design nods and "Easter eggs" tied to the Detroit automaker's history.
The new year on Wall Street officially kicks into high gear this week.
Patients can already access the first GLP-1 obesity pill from Novo Nordisk, and a rival oral drug from Eli Lilly is slated for U.S. approval later this year.
Boeing is set to outline its production increase plans later this month after it's expected to post its best year for deliveries since 2018.
The retail giant also has a similar deal with OpenAI's ChatGPT and has its own AI-powered chatbot, Sparky.
Homeland Security Secretary Kristi Noem said Good was engaged in an act of domestic terrorism, a claim Minneapolis Mayor Jacob Frey disputes.
In an extreme escalation scenario, where tankers are unable to pass or energy infrastructure is damaged, oil prices could surge by double digits, said analysts.
Some lawmakers will meet on Thursday to discuss and edit draft legislation on crypto market structure, with the aim of passing a comprehensive law this year.
As retailers create AI agents for shopping and customer service, Google wants to secure its place in the ecommerce market.
India's inflation accelerated in December, but still rose less than expected.