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Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence | Fortune

U.S. equity futures fell sharply Sunday night after Federal Reserve Chair Jerome Powell confirmed that he is under investigation related to testimony he gave last June concerning the renovation of Federal Reserve buildings. The New York Times report breaking news...

DOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is...

Lawmakers sounded the alarm on the Justice Department’s criminal inquiry into Federal Reserve Chairman Jerome Powell, putting at risk President Donald Trump’s efforts to name a new central bank leader.On Sunday, Powell revealed that the DOJ served the Fed...

Powell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’ | Fortune

Federal Reserve Chairman Jerome Powell called out the Trump administration for attacking the central bank’s independence, saying a criminal probe is due to the Fed’s refusal to lower rates earlier this year as President Donald Trump demanded.He said in...

Iran edges closer to a revolution that would reshape the world | Fortune

As protesters pour into the streets of Iran night after night, leaders across the region and around the world are grappling with the possibility that the Islamic Republic could be overthrown — a seminal event that would transform global...

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do...

Eric Vaughan, CEO of enterprise-software powerhouse IgniteTech, was unwavering as he reflected on the most radical decision of his decades-long career. In early 2023, convinced generative AI was an “existential” transformation, Vaughan looked at his team and saw a...

Walmart teams with Alphabet for AI-assisted shopping on Gemini | Fortune

Walmart Inc. is partnering with Alphabet Inc. to offer AI-enhanced shopping on Google’s Gemini platform — part of the retailer’s race to apply the technology across its operations. Customers will be able to purchase items on Gemini’s browser or mobile...

The off-ramps are narrowing for Iran’s regime

Stay informed with free updatesSimply sign up to the Middle Eastern politics & society myFT Digest -- delivered directly to your inbox.The writer is deputy head of the Middle East and north Africa programme at the European Council on...

Venezuela slow-walks prisoner releases with 11 freed while over 800 remain locked up, including son-in-law of opposition presidential candidate | Fortune

As Venezuelan detainee Diógenes Angulo left a prison in San Francisco de Yare after a year and five months behind bars, his family appeared to be in shock.He was detained two days before the 2024 presidential election after he...

Thousands protest in Minneapolis after deadly ICE shooting as agents continue city-wide sweeps. ‘We’re all living in fear right now’ | Fortune

Thousands of people marched in Minneapolis Saturday to protest the fatal shooting of a woman by a federal immigration officer there and the shooting of two people in Portland, Oregon, as Minnesota leaders urged demonstrators to remain peaceful.The Minneapolis gathering was one of hundreds...

U.S. launches new retaliatory strikes against ISIS in Syria after deadly ambush | Fortune

The U.S. has launched another round of retaliatory strikes against the Islamic State in Syria following last month’s ambush that killed two U.S. soldiers and one American civilian interpreter in the country.The large-scale strikes, conducted by the U.S. alongside partner forces,...
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Ai, Japanese chimpanzee who counted and painted, dies at 49

Ai, a female chimpanzee famous for her cognitive skills has died at 49, according to the Japanese institute where...
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