Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring…

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Automakers Ford and GM jump into energy storage, competing with Tesla

Automakers Ford and GM jump into energy storage, competing with Tesla

U.S. automakers are increasingly entering the energy storage business as they pivot away from electric vehicles and try make use of battery factories that cost billions of dollars. Energy storage uses a lot of the same underlying technology as EV batteries to store power for homes, businesses and even utilities. Tesla has been investing in…

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Ford government pausing its own affordable housing policy, calling it ‘red tape’

Ford government pausing its own affordable housing policy, calling it ‘red tape’

The Ford government is delaying its own affordable housing measures in several major Ontario cities, calling the rules it wrote “unnecessary red tape and requirements” that make it more expensive to build. The pause will affect inclusionary zoning rules in Toronto, Kitchener and Mississauga, a policy that requires developers to provide a minimum number of…

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Who is Dr Nisha Verma? US senator asks Indian-origin doctor if men can get pregnant

Who is Dr Nisha Verma? US senator asks Indian-origin doctor if men can get pregnant

File photo: Dr Nisha Verma Dr Nisha Verma has drawn national attention after a tense exchange during a recent US Senate Health, Education, Labor, and Pensions (HELP) Committee hearing on abortion pill safety. During the hearing, Republican Senator Josh Hawley repeatedly questioned Verma on whether men can get pregnant, a line of questioning that quickly…

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SEN RICHARD BLUMENTHAL: Congress could be inviting another crypto-fueled bank collapse

SEN RICHARD BLUMENTHAL: Congress could be inviting another crypto-fueled bank collapse

NEWYou can now listen to Fox News articles! The Senate Banking Committee will hold a meeting Thursday to mark up crypto legislation that further fulfills many of President Donald Trump’s promises to his crypto billionaire friends. In racing to finish the crypto industry’s wish list before midterms, Congress should remember what happened the last time crypto…

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Trip.com shares plunge as China opens antitrust probe into company

Trip.com shares plunge as China opens antitrust probe into company

Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023.  Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged 19.23% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company, making it the worst performer in the Hang Seng…

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California House map approved by court, boosts Democrats for 2026

California House map approved by court, boosts Democrats for 2026

NEWYou can now listen to Fox News articles! California can move forward with a new U.S. House map that would boost Democrats’ chances in the 2026 midterms, a federal court ruled Wednesday. A three-judge panel in Los Angeles ruled 2-1 to deny requests from both state Republicans and the Department of Justice (DOJ) to block…

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Iran reopens airspace after hours-long shutdown spooks airlines

Iran reopens airspace after hours-long shutdown spooks airlines

Security forces are seen during a pro-government rally on Jan. 12, 2026 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Iran reopened its airspace early Thursday after a temporary closure that barred most incoming and outgoing flights for several hours amid concerns the U.S. could carry out military strikes, raising risks…

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Hochul backs measure allowing New Yorkers to sue ICE agents for constitutional violations

Hochul backs measure allowing New Yorkers to sue ICE agents for constitutional violations

NEWYou can now listen to Fox News articles! New York Gov. Kathy Hochul is supporting legislation that would allow state residents to sue ICE agents for violating their constitutional rights. The governor said on Tuesday during her State of the State address that she wants to allow New Yorkers to “hold ICE agents accountable in…

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Parents descend into violence at Catholic youth basketball game in Staten Island

Parents descend into violence at Catholic youth basketball game in Staten Island

NEWYou can now listen to Fox News articles! Footage has captured the disastrous moment when multiple parents erupted into a massive fight during a Catholic youth basketball game last month in Staten Island, New York.  The violent courtside brawl unfolded on Dec. 20 at St. Teresa in Castleton Corners during a 6th grade boys game…

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