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Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut

Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are…

HSBC appoints Georges Elhedery as group CEO starting Sept. 2

HSBC announced on Wednesday that it has appointed Georges Elhedery as group CEO, starting Sept. 2. Elhedery, who is the…

Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports

Donald Trump will allow Federal Reserve Chair Jerome Powell to complete his term at the central bank if he won…