Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
Stocks in Asia traded mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
The White House is looking for monetary policy expertise for the position, according to the sources and Lindsey would fit that bill. He was a governor of the central bank from 1991 to 1997.
Lindsey, president and CEO of economic consultancy firm The Lindsey Group, is also interested in exploring the Fed vice chair job, according to the sources.
The economist was director of the National Economic Council under Bush. He also served in the administration of former President George H.W. Bush and under President Ronald Reagan. Lindsey was also heavily involved behind the scenes in crafting the recent tax cut legislation.
The vice chair seat was vacated in October by Stanley Fischer for personal reasons. President Donald Trump's nominee for Fed chairman, Jerome Powell, still needs to be confirmed by the full Senate, but the Senate Banking Committee approved his nomination earlier this month. The term for the current chair, Janet Yellen, expires in February.
Last month, Mohamed El-Erian, chief economic advisor at Allianz, was reportedly being considered for the position, CNBC and other news outlets reported.