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Overstock shares surge after CEO Patrick Byrne quits August 23, 2019
Overstock.com's stock surged 9% on Thursday after Chief Executive Officer Patrick Byrne resigned, saying distraction and fallout related to his involvement in a Federal Bureau of Investigation Russian espionage probe made it difficult for him to lead the online retailer.
Enraged Trump likens Fed chief to 'enemy' China August 23, 2019
President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell linked the trade war with China to risks to the U.S. economy, asking whether the man he handpicked to run the U.S. central bank was a greater "enemy" than Chinese leader Xi Jinping.
Powell stops short of committing to rate cuts, and Trump fumes August 23, 2019
The Federal Reserve will "act as appropriate" to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how fast it might cut interest rates, drawing fire from President Donald Trump.
IMF's Gopinath says U.S. monetary policy being accommodative and data driven August 23, 2019
International Monetary Fund chief economist Gita Gopinath said on Friday that U.S. monetary policy is being accommodative and data driven.