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Is Powell’s Fed head independence dead? It’s just one more diversionary Trump trick

You know what we’re not talking about amid the latest Fed dustup? Trump’s awful polling numbers, even among his own supporters.

By January 12, 2026
Former New York Mayor Eric Adams has a new act as a crypto entrepreneur—though details of his ‘NYC Token’ remain vague
By Leo Schwartz and Ben WeissJanuary 12, 2026
Allegiant
Allegiant Air to acquire Sun Country Airlines for $1.5 billion
By Rio Yamat and The Associated PressJanuary 12, 2026
‘Something big’ just happened in the U.S. housing market, real estate CEO says. And it could mean the difference of being able to buy a home or not
By Sydney LakeJanuary 12, 2026
The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
By Jason MaJanuary 12, 2026
Latest Stories
Future of WorkElon Musk says saving for retirement is irrelevant because AI is going to create a world of abundance: ‘It won’t matter’
By Marco Quiroz-GutierrezJanuary 12, 2026
Health5 daily tasks that can double as exercise
By Molly Liebergall and Morning BrewJanuary 12, 2026
EconomyForget the K-shaped economy, market veteran Ed Yardeni says—instead, it’s boomers hoarding wealth while Gen Z struggles to build it
By Tristan BoveJanuary 12, 2026
Exxon Mobil CEO Darren Woods, seated to the right, listens as U.S. President Donald Trump, left, speaks during a meeting with oil company executives in the East Room of the White House in Washington, DC on Jan. 9, 2026. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. U.S. forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on Jan. 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyTrump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘univestable’ industry
By Jordan BlumJanuary 12, 2026
Personal FinanceBest checking accounts for January 2026
By Glen Luke FlanaganJanuary 12, 2026
Personal FinanceBest online banks of January 2026
By Glen Luke FlanaganJanuary 12, 2026
ali
PoliticsMuhammad Ali once joked he should be on a stamp because ‘that’s the only way I’ll ever get licked.’ Wish granted
By Susan Haigh and The Associated PressJanuary 12, 2026
mackenzie
PoliticsBillionaire philanthropist MacKenzie Scott donates $45 million to LGBTQ+ youth hotline organization, The Trevor Project
By Thalia Beaty and The Associated PressJanuary 12, 2026
More Banking
Personal FinancePersonal loan APRs on Jan. 12, 2026
By Glen Luke FlanaganJanuary 12, 2026
U.S. President Donald Trump
EconomyTreasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
Personal FinanceToday’s best high-yield savings account rates on Jan. 12, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 12, 2026
Photo: Jerome Powell
Economy‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
BankingTrump calls for one-year cap on credit card rates at 10%
By Romy Varghese and BloombergJanuary 10, 2026
bessent
BankingBessent’s visit to Minnesota comes with more vows to crack down on fraud as tensions flare with state, Somalia government
By Fatima Hussein and The Associated PressJanuary 9, 2026
Personal FinancePersonal loan APRs on Jan. 9, 2026
By Glen Luke FlanaganJanuary 9, 2026
Personal FinanceThe best high-yield savings account rates on Jan. 9, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 9, 2026
Personal FinanceBest free checking accounts of January 2026
By Glen Luke FlanaganJanuary 8, 2026
Personal FinancePersonal loan APRs on Jan. 8, 2026
By Glen Luke FlanaganJanuary 8, 2026
Startups & VentureExclusive: Invictus-backed cybersecurity company ThreatModeler acquires competitor IriusRisk for over $100 million
By Leo SchwartzJanuary 8, 2026
Personal FinanceThe best high-yield savings account rates on Jan. 8, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 8, 2026
Crypto‘There’s so much corruption, embezzlement and missing money’: Venezuela’s rumored $60 billion Bitcoin ‘shadow reserve’ draws skepticism
By Jake AngeloJanuary 7, 2026
Jamie Dimon
CommentaryJamie Dimon’s bombshell on proxy advisory delivers a body blow to the firms he called ‘incompetent’
By Richard TorrenzanoJanuary 7, 2026
CryptoExclusive: Fireblocks acquires crypto accounting platform TRES Finance for $130 million
By Ben WeissJanuary 7, 2026
two men pose for camera
CryptoStanford professor raises $15 million for Babylon, a decentralized protocol to turn Bitcoin into collateral 
By Carlos GarciaJanuary 7, 2026
Personal FinancePersonal loan APRs on Jan. 7, 2026
By Glen Luke FlanaganJanuary 7, 2026
woman smiles in front of camera
EconomyBusiness leaders are growing more optimistic, JPMorgan survey finds
By Carlos GarciaJanuary 7, 2026
Man in a suit and tie talking.
BankingJamie Dimon rejects Jeff Bezos’ playbook and hoards his JPMorgan shares. He’ll see $770 million in gains for 2025
By Amanda GerutJanuary 7, 2026
Personal FinanceThe best high-yield savings account rates on Jan. 7, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 7, 2026
tariff
EconomyTrump may be raising your taxes with his tariffs but he could actually cut inflation with them, too, SF Fed says
By Jake AngeloJanuary 6, 2026
BankingJPMorgan, Citi extend mortgage relief for LA wildfire victims
By Maxwell Adler and BloombergJanuary 6, 2026
RetailHow a real estate scion’s risky dealmaking pushed Saks Global to the brink
By Phil WahbaJanuary 6, 2026
Personal FinancePersonal loan APRs on Jan. 6, 2026
By Glen Luke FlanaganJanuary 6, 2026
Personal FinanceThe best high-yield savings account rates on Jan. 6, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 6, 2026
Tony Xu, co-founder and chief executive officer of DoorDash Inc.
Future of WorkDoorDash’s CEO blasts ‘appalling’ claim that a major delivery app gives drivers a desperation score: ‘I would fire anyone who tolerated this’
By Eleanor PringleJanuary 6, 2026
A drawing of a piggy bank on a rocket ship.
Personal FinanceBest high-yield savings accounts of January 2026
By Glen Luke FlanaganJanuary 5, 2026
Personal FinanceThe best high-yield savings account rates on Jan. 5, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 5, 2026
U.S. President Donald Trump
Economy‘Military adventures cost money’: Economists’ key concern about Trump’s Venezuela action is how it weakens $38.5 trillion national debt picture
By Eleanor PringleJanuary 5, 2026
Personal FinancePersonal loan APRs on Jan. 5, 2026
By Glen Luke FlanaganJanuary 5, 2026
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Most Popular
Economy
‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independenceAn image of a popular article
By Jim EdwardsJanuary 12, 2026
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it againAn image of a popular article
By Nick LichtenbergJanuary 11, 2026
Economy
A Supreme Court ruling that strikes down Trump's tariffs would be the fastest way to revive the stalling job market, top economist saysAn image of a popular article
By Jason MaJanuary 11, 2026
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