U . S . Federal

Donald Trump's return to the White House could put the independence of the U.S. Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference.

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment, primarily by raising and lowering interest rates.

The U.S. Federal Reserve shrugged off concerns about the economic impact of Donald Trump's election victory and moved ahead with a quarter-point cut on Thursday.

The Fed sits just a short walk from the White House, where Democratic President Joe Biden will hand back the keys to Trump in January following the Republican's election win.

The U.S. dollar and stock index futures experienced notable increases, while Bitcoin reached record highs, as investors anticipated a victory for Donald Trump in the presidential race. The dollar index, which measures the U.S. currency against six other major currencies, surged by 1.8% to 105.22, its highest level since July.

U.K. Prime Minister Keir Starmer on Wednesday played down allegations made by Donald Trump's team of "blatant foreign interference" by his Labour Party in the U.S. election, saying it was normal for its volunteers to campaign.

Starmer also insisted that he maintained "a good relationship" with Trump, having met him for talks last month.

The Greek stock market continues its downward trend for the second day in a row and the 7th time in the last 8 sessions. Global factors, including a tech stock sell-off in the U.S. and rising geopolitical tensions in the Middle East, largely drive this decline.

Greetings! So, these past few days I read in Proto Thema and on protothema.gr the excellent commemorative piece by Panos Loukakos, marking 50 years of New Democracy, which is being celebrated today. The highly engaging novel-like text on the 50 years of New Democracy naturally focuses on its founder, Konstantinos Karamanlis, and the chosen title is a quote from him: “Am I the right-winger?

Fortnite-maker Epic Games is suing tech giants Google and Samsung, it announced Monday, accusing them of illegally colluding to block competition on Samsung devices.

CEO Tim Sweeney said his company would file a claim in a U.S. federal court in California, the same jurisdiction where the company won a years-long legal battle with Google in 2023.

Donald Trump railed against illegal immigrants on Sept. 18 and pledged to visit an Ohio town simmering with racial tensions fueled by his campaign's conspiracy theories, as Kamala Harris courted minority voters and relished a poll bump in key swing states.

The U.S. Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction for more than four years, sharply lowering borrowing costs shortly before November's presidential election.

Most economists expect Türkiye's Central Bank to keep its policy rate steady at 50 percent when members of the Monetary Policy Committee meet later this week on Sept. 19.

In August, the monetary authority held the one-week repo auction rate unchanged at 50 percent for a fifth straight month. The bank last raised rates in March by 500 basis points.