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Economics Headlines
Fed Pick Faces Skepticism Over Claim of Independence From Trump nytimes.com
Kevin Warsh’s nomination to lead the Federal Reserve could still be delayed by a Justice Department investigation into the current chair, Jerome H. Powell.
Source: nytimes.com
The Guardian view on the true cost of the Iran war: bombs kill – but so does the economic fallout theguardian.com
Editorial: There is growing international concern as the fragile two-week ceasefire reaches its Wednesday deadline. Whatever happens next, the poor will pay
Source: theguardian.com
Recession risk is ‘rising significantly,’ but US can still avoid it: Mark Zandi businessinsider.com
Top economist Mark Zandi of Moody’s Analytics thinks the US can avoid a recession if it “gets out of its own way.”
Source: businessinsider.com
Federal Reserve chair standoff is a potential risk to economy bostonglobe.com
Trump’s continued attacks on the current Fed chair and a Justice Department investigation of him could delay his successor from taking over for months.
Source: bostonglobe.com
U.S. Considers Financial Support for Oil-Rich U.A.E. nytimes.com
President Trump acknowledged that the Gulf state has incurred significant damage during the war with Iran.
Source: nytimes.com
Data centers are dealing hidden damage to environmental and public health—costing the economy $25 billion every year fortune.com
In the murky economics of data centers, local communities get to pick up the tab too.
Source: fortune.com
Warsh Ducks Question on What Grade He’d Give the Economy wsj.com
Fed chair nominee Kevin Warsh ducked a question from Sen. Raphael Warnock (D., Ga.) on what grade he would give the U.S. economy by criticizing overall grade inflation at higher education institutions.
Warsh told the Senate Banking Committee that if he gave a student anything other than an ‘A’ grad
Source: wsj.com
Warsh Says Supply Side of Economy Changing Dramatically wsj.com
Questioning from Maryland Sen. Chris Van Hollen offered Warsh a chance to express his views on monetary policy.
“The supply side of the economy is changing dramatically,” Warsh said, adding the economy’s potential is growing quite quickly. Warsh has previously expressed views that artificial intell
Source: wsj.com
Fed chair nominee Kevin Warsh: The economy’s potential is growing quite quickly cnbc.com
The Senate Committee on Banking, Housing and Urban Affairs holds a nomination hearing for President Donald Trump’s Federal Reserve chair pick Kevin Warsh.
Source: cnbc.com
Retail sales post biggest jump in more than 3 years on record spike in gas prices cnn.com
A record spike in gas prices drove US retail sales higher in March, rising by the fastest monthly pace in more than three years, new Commerce Department data showed Tuesday.
Source: cnn.com
Ireland Trims Economic-Growth Projections on Iran Conflict bloomberg.com
Ireland cut this year’s economic-growth projection, citing the conflict in the Middle East.
Source: bloomberg.com
PayPal Links The “Fan Economy” Into A Payments Network With The NFL forbes.com
Is China a winner of the Iran war or facing economic risks? aljazeera.com
Source: aljazeera.com
The $100 oil shock is hitting the middle class like a margin call fortune.com
As gas tops $4 a gallon, Wall Street debates inflation. But middle-class families and female breadwinners are absorbing the shock with little margin left.
Source: fortune.com
Sen. Tim Scott: Success of our economy depends on a Fed focused on money, not political priorities cnbc.com
Senate Banking Committee Chairman Sen. Tim Scott (R-S.C.) joins ‘Squawk Box’ to discuss the confirmation hearing of Fed chair nominee Kevin Warsh, fate of the criminal probe facing Fed chair Powell, and more.
Source: cnbc.com
