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Former Fed chairs condemn criminal investigation into Jerome Powell

2026-01-12 17:35:57| BBC News | Business | UK Edition

Three former heads of the central bank say the probe seeks to undermine the Fed's independence and "has no place" in the US.


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Instagram denies breach after many receive emails asking to reset password

2026-01-12 17:11:02| BBC News | Business | UK Edition

The social media platform has said there was "no breach of its systems" but questions remain.


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US justice department opens criminal probe into Fed chair

2026-01-12 16:44:10| BBC News | Business | UK Edition

Jerome Powell said he believed the investigation was due to Donald Trump's anger over the Fed's refusal to cut interest rates.


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