Today in the city Jerome 18.02.2018
The week's best photojournalism

U.S. figure skater Mirai Nagasu celebrates after her free skating performance at the 2018 Winter Olympics in Pyeongchang, South Korea. | (AP Photo/Bernat Armangue) Pope Francis meets Emeritus Pope Be...


'THE FLOODGATES ARE OPEN': The US government is set to begin an unprecedented borrowing binge

The US government's funding needs are set to increase following the two-year budget agreement that will hike spending. And so, the Treasury has boosted the amount of short-term debt it sells. But this...


Dare to spend the night at a former hospital (or insane asylum?) in Jerome, Ariz.

The winding drive into Jerome had me clutching the sides of my car seat while wondering how the town’s ancient buildings remained standing on such startlingly steep slopes. Jerome, an atmospheric form...


The stock market has a 'funny way of testing new Fed chairs'

Markets tend to test new Federal Reserve chairs not long after they take over; Jerome Powell's first drubbing came especially quickly with last week's sharp reversal.  The Dow Jones industrial av...


Market volatility, budget deficits pose test for Fed's Powell

DAYTON, Ohio (Reuters) - When the Federal Reserve's policy meeting ended last month, U.S. stock indexes were near record highs, market volatility was almost non-existent and policymakers chatted about...


Will the wild stock market cause the Federal Reserve to slow interest rate hikes? And should it?

Financial markets delivered an unwelcome gift for Jerome H. Powell when he was sworn in last week as chairman of the Federal Reserve — a nosedive. Triggered by fears of rising inflation and interest r...


Powell says Fed will be vigilant for financial stability risks

Federal Reserve Chair Jerome Powell said on Tuesday the Fed would keep watching for financial stability risks and preserve improvements in regulation.


Steve Bannon wanted 'my girl' Janet Yellen to stay on as Fed Chair

Former White House strategist Steve Bannon wanted former Fed Chair Janet Yellen to stay on for another term. Bannon, in a new preface for the book "Devil’s Bargain: Steve Bannon, Donald Trump, a...


Why Young Kylian Mbappe Spurned Chelsea and Real Madrid

It was in his childhood bedroom, surrounded by walls plastered with posters of his hero, Cristiano Ronaldo, that Kylian Mbappe laid the plan for his football career. Even as young as nine years old, h...


The Fed's Trump trap

The Federal Reserve may be damned if it raises interest rates and damned if it doesn't. Recently appointed Fed Chair Jerome Powell had only just started his new job last Monday when the stock market n...


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