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US markets climbed Monday despite the Trump administration’s renewed attacks on the Federal Reserve.

The protests in Iran that began last month were triggered by the collapse of the country's currency. But the challenge for Iranian leaders now is economic as much as it is political.

Anger is mounting among Republicans after Federal Reserve Chair Jerome Powell revealed on Sunday that the Justice Department had opened a criminal investigation into him, marking an extraordinary escalation in President Trump’s public efforts to coerce Powell into lowering interest rates. “If there were any remaining doubt whether advisers within the Trump Administration are actively […]

“This is an effort to create an autocratic state. It’s that plain,” said Sen. Chris Murphy.

“No nurse should be asked to accept less pay, fewer benefits, or less dignity for doing lifesaving work,” said New York City Mayor Zohran Mamdani.

Tennessee regulators just sent cease-and-desist letters to online prediction markets including Kalshi and Polymarket.

The Fed chair linked the probe to the Fed setting interest rates independently “rather than following the preferences of the president.”