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Fed Chair Jerome Powell’s Time Is Ticking – Treasury Boss Says It’s Time to Step Aside


The ongoing clash between President Donald Trump and Federal Reserve Chair Jerome Powell is hitting new levels, just as fresh concerns about rising inflation grab headlines. For months, Trump has been openly critical of Powell, accusing him of holding back the U.S. economy by refusing to lower interest rates. He has even suggested firing Powell in the past, calling him “very bad for the country.” 

Now, the heat has turned up even more, as Treasury Secretary Scott Bessent has publicly called on Powell to fully step down once his term as Fed Chair…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link