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US Fed's Powell says inflation fight may take 'longer than expected'
US Fed's Powell says inflation fight may take 'longer than expected'
Economy
by  AFP

The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the US central bank said Tuesday, further paring back the chances of early rate cuts. In March, Fed policymakers penciled in three rate cuts for this year, leading markets to price in the first of them as early as June.

Trump media group plans TV streaming platform
Trump media group plans TV streaming platform
Technology
by  AFP

Donald Trump's media group said Tuesday it will launch a streaming television platform, but its shares continued to tumble on Wall Street. After a winning debut on Wall Street last month, Trump Media and Technology Group shares have suffered a bruising retreat, denting the Republican candidate's wealth.