Author: Leslie Stewart

Core U.S. consumer prices rose less than expected in December, reinforcing hopes that inflation is under control as the Federal Reserve considers its next move on interest rates.The Consumer Price Index, which excludes volatile food and energy prices, rose 0.2% on a seasonally adjusted monthly basis and 2.6% on an annual basis, the Bureau of Labor Statistics said Tuesday. Both results were 0.1 percentage points lower than expected. Fed officials consider both measures, but believe core inflation is a better measure of where inflation is heading over time.On an aggregate basis, the CPI rose by 0.3% in the month, bringing…

U.S. Federal Reserve Chairman Jerome Powell during a press conference after the Federal Open Market Committee (FOMC) on Wednesday, December 10, 2025 in Washington, DC. Bloomberg | Bloomberg | Getty ImagesGlobal central bankers on Tuesday issued a statement defending Federal Reserve Chairman Jerome Powell following the opening of a criminal investigation into the central bank chief. “We stand in full solidarity with the Federal Reserve and Chairman Jerome H. Powell,” central bank leaders, including European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey, said in a joint statement. “Central bank independence is fundamental to price, financial…

Cardano’s Charles Hoskinson says David Sachs should resign as White House crypto advisor. Cardano founder Charles Hoskinson says David Sachs should resign as White House cryptocurrency advisor due to his “complete failure.” He expressed this view on the podcast “The Wolf of All Streets.” According to the developer, the industry has not made as much progress as expected since the appointment of a “cryptocurrency czar” at the end of 2024. Mr Hoskinson stressed that the market continues to be weak, regulatory uncertainty continues and there is a lack of a stable base for new projects. “If you were appointed ’emperor’…

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On Friday, when the Justice Department subpoenaed the Federal Reserve Board in a criminal investigation, it focused on the multi-year renovation of the central bank’s headquarters in Washington, D.C. But it’s not just the cost of multibillion-dollar construction projects that’s at issue here. It is also the extent to which it has become a means for the White House to exert political pressure on an agency designed to operate independently of the federal government. The dispute over the renovation costs comes as President Donald Trump publicly criticizes Federal Reserve Chairman Jerome Powell over the central bank’s analysis of interest rates…

IE11 is not supported. For the best experience, please visit our site in a different browser.Currently playing2026 Golden Globe Awards Highlights01:15to the next’Hamnet’ director Chloé Zhao surprised at winning Golden Globe Award00:43Amy Poehler wins Golden Globe Award for Best Podcast00:29Officials: Mississippi synagogue damaged by arson00:13Mosque goes up in flames during protests in Tehran00:18Sen. Murphy: Occupation of Greenland ‘will be the end of NATO’01:23Homan: ICE shooting victim’s actions could be ‘domestic terrorism’01:07Mayor Frey: There is a ‘deep mistrust’ of ICE gun probes00:59Minnesota lawmakers refuse to participate in ICE facilities00:27CENTCOM posts video of attack on ISIS base in Syria00:20CBP confronts man after…

IE11 is not supported. For the best experience, please visit our site in a different browser.Currently playingMosque goes up in flames during protests in Tehran00:18to the nextSen. Murphy: Occupation of Greenland ‘will be the end of NATO’01:23Homan: ICE shooting victim’s actions could be ‘domestic terrorism’01:07Mayor Frey: There is a ‘deep mistrust’ of ICE gun probes00:59Minnesota lawmakers refuse to participate in ICE facilities00:27CENTCOM posts video of attack on ISIS base in Syria00:20CBP confronts man after questioning him at gas station01:17Old Christmas trees collected to feed goats00:54Protests expand after ICE-related shootings00:46Ex-husband arrested in Ohio murder case00:35US carries out attacks on ISIS targets…

Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. Decentralized finance likes to tell a very simple story about itself. Billions of people are unbanked. Traditional finance is slow, exclusive, expensive, and biased towards incumbents. Blockchain is open, permissionless, global, and neutral. Therefore, DeFi provides banking to the unbanked. summary DeFi did not replace traditional finance, but subsumed it. All that money, identity, pricing, access, and liquidity still comes from banks, regulators, and centralized infrastructure, so it doesn’t reach the people the system excludes. Even people…

IE11 is not supported. For the best experience, please visit our site in a different browser.Currently playingICE confronts man after questioning him at gas station01:17to the nextOld Christmas trees collected to feed goats00:54Protests expand after ICE-related shootings00:56Ex-husband arrested in Ohio murder case00:35US carries out attacks on ISIS targets in Syria00:21Dog breaks through car windshield after police chase00:19Minneapolis mayor slams ‘instigators’ during protests00:35Paraglider survives after falling into the sea after malfunctioning00:24Video captures Renee Good’s car crashing after shooting00:29Minneapolis protesters hold noise demonstration00:58DHS identifies two people shot and killed by Border Patrol in Portland01:12Families mourn as Israeli military attacks continue in Gaza…

IE11 is not supported. For the best experience, please visit our site in a different browser.Currently playingDog breaks through car windshield after police chase00:19to the nextMinneapolis mayor slams ‘instigators’ during protests00:35Paraglider survives after falling into the sea after malfunctioning00:24Video captures Renee Good’s car crashing after shooting00:29Minneapolis protesters hold noise demonstration00:58DHS identifies two people shot and killed by Border Patrol in Portland01:12Families mourn as Israeli military attacks continue in Gaza Strip00:30President Trump: Denmark should not claim Greenland00:37Rep. Omar: ‘Complete outrage’ in Minneapolis after ICE shooting02:22Dozens missing in Philippines trash avalanche00:29ICE officer video shows moments before Minnesota shooting00:47DHS releases photos of two…