Bessent to push residency requirement for regional US Fed bank presidents
The move is another effort by the Trump administration to have more control over the US Federal Reserve.

The move is another effort by the Trump administration to have more control over the US Federal Reserve.


![A slowing job market has weighed on consumers according to the Conference Board [File: Evelyn Hockstein/Reuters]](/wp-content/uploads/2025/11/2025-11-24T105942Z_681960584_RC2DSEA1XKT1_RTRMADP_3_COMPANIES-TARIFFS-PRICES-1764090071.jpg?resize=770%2C513&quality=80)
![The healthcare as well as food and beverage services led the job gains but the federal workforce as well as the transportation and warehousing sectors saw declines [File: Andrew Kelly/Reuters]](/wp-content/uploads/2025/11/2025-10-29T121302Z_1095127296_RC2NLHA0ZYUM_RTRMADP_3_USA-ECONOMY-UNEMPLOYMENT-1763651318.jpg?resize=770%2C513&quality=80)


![The fed will have limited economic data next month as it assesses future decisions because of the government shutdown [File: Ken Cedeno / Reuters]](/wp-content/uploads/2025/10/2025-09-17T181617Z_435617975_RC2TTGA2Z5Y5_RTRMADP_3_USA-FED-1761759349.jpg?resize=770%2C513&quality=80)


Mexican shoe businesses can export to US tariff-free under USMCA but old policies and corrupt practices hold them back.
The biggest increases came from the surging price of petrol, according to the report.
Biya, who has ruled for 43 years, is seeking an eighth term despite calls for him to step down.
IMF’s Kristalina Georgieva says ‘uncertainty is the new normal’ as tariffs weigh on the global economy.
Trump’s 50 percent tariffs on Brazil have strained ties. But experts say he might be smelling the coffee – literally.
Data interruption comes at a particularly uncertain time as policymakers need more data now than less.
The US is planning to extend a $20 billion loan to Argentina in support to President Javier Milei.
Rising rent and grocery bills are making life harder for everyone from teachers to gig workers and small business owners
The central bank’s widely-expected 0.25% cut comes amid a cooling labour market, which has stalled economic growth.
Incumbent Lazarus Chakwera and and his predecessor Peter Mutharika are seeking to win the high-stakes election.