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Powell’s Survival Tip — Be Boring

2026-01-29 12:05:41

The Federal Reserve really doesn’t need the curse of interesting times.

The US Dollar Is Kicking Europe While It’s Down

2026-01-29 12:00:30

The dollar has fallen more than 3% in 10 days, pouring fuel on geopolitical fire. If the US engineers an even weaker greenback, whether by intent or mishap, the fallout for other currencies may be messy.

Nobody Wants to Find a New Doctor

2026-01-29 06:16:40

Spats between hospitals and insurers are just one of many health care problems in the US.

Waller Wants to Be Fed Chair Sooooo Much

2026-01-29 05:52:20

Federal Reserve policymakers decided Wednesday to hold interest rates steady. The big news of the day was Governor Christopher Waller’s dovish dissent against the policy action, a decision that should ingratiate him with President Donald Trump. Sadly, there will be a reputational price to pay — for the governor and the institution itself.

Indonesia’s Nepo Babies Are Hurting the Economy

2026-01-29 05:00:30

President Prabowo Subianto has tried to remake many aspects of Indonesia’s economic and social life. Now, he is a step closer to steering interest rates. For investors souring on the country, it’s another reason to sell.

India Is Resigned to a New Status Quo With China

2026-01-29 04:00:32

It’s still mid-winter in the high Himalayas, along the disputed border between India and China. But in New Delhi and Beijing spring has come. Relations, which had been frozen since 20 Indian soldiers were killed in clashes in 2020, have begun to thaw. Bilateral diplomatic visits have resumed and the two militaries have begun meeting again.