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Anna Paulson to Lead Philadelphia Fed from July 2025

Philadelphia, Friday, 18 April 2025.
Anna Paulson, a top economist from the Chicago Fed, will become the president and CEO of the Philadelphia Fed, succeeding Patrick Harker, and will join the FOMC in 2026.

MITRE Faces Potential Cybersecurity Program Disruption as Funding Expires

Washington D.C., Thursday, 17 April 2025.
Funding for the U.S. CVE program expired today, risking global cybersecurity disruption. Without renewal, essential vulnerability tracking and advisory services could deteriorate, affecting infrastructure protection.

Historic Trading Profits for Wall Street amid Market Volatility

New York, Thursday, 17 April 2025.
In Q1 2025, Wall Street banks achieved unprecedented trading revenues of $16.3 billion, outpacing earnings from the 2020 pandemic and 2008 crisis, driven by heightened volatility linked to Trump-era policies.

Alcoa's Q1 2025 Boasts 171% Surge in Net Income

Pittsburgh, Thursday, 17 April 2025.
Alcoa Corporation announced a remarkable 171% increase in net income for Q1 2025, reaching $548 million, driven by improved operational efficiencies and strategic partnerships.

Keystone Pipeline Operations Resume Amid Enhanced Safety Protocols

Oklahoma City, Wednesday, 16 April 2025.
South Bow Corp. safely restarted the Keystone Pipeline on April 16, 2025, following an oil release. Over 3,500 barrels were spilled and mostly recovered, with ongoing remediation efforts.

Federal Reserve Chair Warns of Economic Strain Due to Tariffs

Washington, D.C., Wednesday, 16 April 2025.
Federal Reserve Chair Jerome Powell cautions that unprecedented tariffs by President Trump may lead to economic slowdown and inflation challenges for the U.S.

Nvidia's Warning Leads to Tech Stock Decline

New York City, Wednesday, 16 April 2025.
Nvidia’s alert on a $5.5 billion charge due to export restrictions to China triggered a 2.2% Nasdaq fall, underscoring the tech sector’s sensitivity to such warnings.

March Retail Sales Surprise with Strong 1.4% Rise

United States, Wednesday, 16 April 2025.
U.S. retail sales surged by 1.4% in March 2025, surpassing expectations and reflecting robust consumer spending despite tariff concerns, indicating potential economic strengthening.

US Dollar Drops 10% Amid Trade War Concerns

United States, Tuesday, 15 April 2025.
The US dollar has fallen nearly 10% due to trade tensions and tariff increases under President Trump, raising concerns about economic stability and investor confidence.

Federal Reserve: Tariff-Driven Inflation Seen as Temporary

St. Louis, Tuesday, 15 April 2025.
Federal Reserve Governor Waller sees current inflation due to tariffs as temporary, hinting potential rate cuts if tariffs persist, indicating significance for future economic policies.