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Commerzbank’s FX analysts, including Charlie Lay and Moses Lim, note that USD/IDR slipped slightly but stayed below the key 18,000 level as softer global Oil prices and stronger Indonesia Q2 GDP supported the Rupiah.
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“Treasury will hunt down and dismantle the illicit financial networks that keep the regime afloat,” Secretary of the Treasury Scott Bessent said in a statement.
The White House has informed Lisa Cook, a member of the Federal Reserve Board of Governors, that President Trump is considering firing her.
Julie Su, New York City deputy mayor for economic justice, talks about creating jobs, a new business advisory council, city-run grocery stores and Mayor Zohran Mamdani’s new pied-à-terre tax on second…
The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."
Diane Swonk says July's bizarre jobs report is the first data from the deportation economy: shrinking payrolls and a shrinking workforce.
