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Can the president remove a Fed governor?



Late Monday, President Trump announced plans to remove Lisa Cook from the Federal Reserve Board of Governors over unproven allegations of mortgage fraud. The move is part of his months-long effort to…


Published on 9 hours ago

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Tariffs come for your morning cup of Joe



Americans drink some 450 million cups of coffee each day. Coffee beans from Brazil face a 50% U.S. import duty. And while President Donald Trump's tariffs aim to reshore American production and manuf…


Published on 16 hours ago

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"The president has just made us a higher-risk country"



That's the conclusion of Karen Petrou at Federal Financial Analytics after President Donald Trump moved to fire Federal Reserve Governor Lisa Cook last evening. That follows unproven allegations of m…


Published on 19 hours ago

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Postal services around the world hit pause on shipments to the U.S.



From the BBC World Service: Japan and Australia are among the latest countries suspending some postal deliveries to the United States. And it's all down to confusion over tariffs. President Donald Tr…


Published on 20 hours ago

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Denmark to end 400 years of letter delivery service



Across Europe, postal services are grappling with declining letter volumes, amid a rise in digitalization. In Demark, where the decline has been particularly steep, the publicly-owned national postal…


Published on 21 hours ago

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Who is fibbing about ... the stock market?



Hi Million Bazillionaires. While we’re working on a brand-new season, we’ve got a special treat for you. Today, we’re sharing an episode from our friends over at “The Big Fib.” In this gameshow, a ki…


Published on 21 hours ago

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For every action, something can go sideways



President Trump's recent deal with Intel gives the U.S. government a 10% ownership stake in the company. But today, Intel responded with a regulatory filing, outlining all of the ways this deal could…


Published on 1 day, 9 hours ago

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A bit of a Jackson Hole hangover



After celebratory markets late last week following indications that the Federal Reserve will lower interest rates at its September meeting, this week is starting with a bit of a headache. Markets are…


Published on 1 day, 16 hours ago

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A beverage behemoth



Keurig Dr Pepper plans to acquire the coffee and tea company JDE Peet's for about $18 billion. The idea is to shore up Keurig’s coffee business. But the brands coming under one umbrella would be Dr P…


Published on 1 day, 19 hours ago

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Chinese property giant Evergrande delists



From the BBC World Service: Chinese property giant Evergrande's shares have been delisted from the Hong Kong Stock Exchange; it was once China's largest real estate firm but collapsed under a mountai…


Published on 1 day, 20 hours ago





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