↑ Economy Global central bankers unite in defense of Fed Chair Jerome Powell - Global central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation into the central bank chief. Yellen says Powell probe 'extremely chilling' for Fed independence, market should be concerned - Former Fed Chair Janet Yellen spoke Monday to CNBC about a Department of Justice investigation into current Chair Jerome Powell.Republican Sen. Thom Tillis vows to block Trump's Fed nominees following Powell probe - Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.Wallace: Crypto Volumes Not Large in DIFC But Growing - Dubai's financial regulator is rolling out major updates to its crypto-token framework to bolster & regulate its digital asset environment. Elisabeth Wallace, Associate Director of Policy & Legal at the Dubai Financial Services Authority spBanks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit - Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."We're in a 'hiring recession,' economist says — how job seekers can stand out - The job market flatlined in 2025. The first half of this year is expected to bring more of the same, economists said.Trump revealed some of Friday's jobs data early in post the prior day - The president indicated that private sector payrolls had expanded by 654,000, a total that would have included Friday's jobs count for December.U.S. payrolls rose 50,000 in December, less than expected; unemployment rate at 4.4% - Nonfarm payrolls were expected to rise by 73,000 in December as the unemployment rate moved lower to 4.5%.Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates - President Donald Trump said he is "instructing my Representatives" to buy $200 billion in mortgage bonds.The December jobs report is due out Friday. Here's what it is expected to show - Nonfarm payrolls likely rose by 73,000 last month while the unemployment rate edged lower to 4.5%, according to the Dow Jones consensus.