US Federal Reserve independence at risk, warns Powell

IANS | April 30, 2026 7:27 AM

Washington, April 30 (IANS) US Federal Reserve Chair Jerome Powell has warned that the central bank’s independence is “at risk” amid what he called unprecedented legal challenges, raising concerns about its ability to set policy free from political pressure.

US Federal Reserve holds rates as oil shock lifts inflation

IANS | April 30, 2026 6:59 AM

Washington, April 30 (IANS) The US Federal Reserve has kept interest rates unchanged as rising global energy prices linked to the Middle East conflict pushed inflation higher, while policymakers flagged growing uncertainty around the economic outlook.

US $1.5 trillion defence budget push to target supply chain gaps

IANS | April 30, 2026 6:31 AM

Washington, April 30 (IANS) The Trump Administration is seeking to overhaul its defence industrial base and reduce reliance on adversaries, as lawmakers reviewed a sweeping budget proposal aimed at boosting domestic manufacturing and supply chains.

Iran war raises concerns over US focus on China

IANS | April 30, 2026 6:24 AM

Washington, April 30 (IANS) The US war with Iran is prompting concerns in Congress that Washington’s military focus may be shifting away from countering China, as lawmakers warn of growing strain on resources and deployments.

US flags Chinese restrictions on access to Tibetan region

IANS | April 29, 2026 9:23 PM

Washington, April 29 (IANS) The US Department of State has highlighted that Chinese government regulations and procedures continue to impede travel to the Tibetan Autonomous Region (TAR) and other Tibetan areas for US diplomats and officials, journalists, and tourists, with restrictions remaining in place throughout last year.