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Yesterday — 8 November 2024Main stream

Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.

© Carlos Barria/Reuters

Jay Powell, the Fed chair, with President Trump during more tranquil times in 2017.
Before yesterdayMain stream

Political Betting Markets See Vindication in Trump Victory

6 November 2024 at 23:52
Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win several weeks ago, even as opinion polls showed a tight race.

© Isadora Kosofsky for The New York Times

The average odds from five political betting markets showed Donald Trump with better-than-a-coin-flip odds heading into Election Day.
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