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Trump admin presses Powell over Fed's costly headquarters renovation project
- OMB director says Trump is 'extremely troubled' by Powell's management as pressure mounts for interest rate cuts A Trump administration official is demanding answers from Federal Reserve Chair  Jerome Powell over the central bank's renovations project amid the president's pressure on the Fed chair to cut interest rates. Office of Management and Budget (OMB) Director Russell Vought sent a letter to Powell on ...

Source: foxbusiness.com
MARKETS  
Copper's positive, long-term trajectory unchanged despite US tariff, Barrick CEO says
- LUSAKA, July 11 (Reuters) - Copper miners remain bullish on the metal's future prospects even as a looming 50% U.S. tariff creates short-term price volatility, Barrick Mining Corp (ABX.TO) CEO Mark Bristow said in Zambia, where the company is expanding its operations. U.S. President Donald Trump said on Wednesday he would impose the new copper tariff from August 1 to promote domestic development of an industry ...

Source: reuters.com