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Trump weighing lawsuit against Fed’s Powell over renovations

Business World Philippines

|

August 14, 2025

US President Donald J. Trump is considering a lawsuit against US Federal Reserve Chair Jerome Powell related to his management of renovations at the Fed’s Washington headquarters, White House spokeswoman Karoline Leavitt said on Tuesday.

The potential move, suggested earlier ina presidential social media post, escalates Mr. Trump’s continuing pressure onthe central bank leader to cut interest rates.

A Fed spokesperson did not have a comment.

PLUS D'HISTOIRES DE Business World Philippines

Business World Philippines

BSP bills’ rates drop as demand soars

THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a lower average rate on Friday as demand for the offering remained strong.

time to read

1 mins

January 26, 2026

Business World Philippines

Business World Philippines

BingoPlus brings big wins to Sinulog Festival 2026

Unending festivities, fun, and entertainment from the leading and comprehensive digital entertainment platform were experienced during the celebration of the Sinulog Festival 2026.

time to read

1 mins

January 26, 2026

Business World Philippines

Business World Philippines

NUSTAR Online serves Talisay communities during Sinulog

WHILE THE STREETS of Cebu came alive with dance, music, and grand celebrations, NUSTAR Online chose to honor Sinulog in a quieter yet more meaningful way at Talisay City, Cebu.

time to read

1 mins

January 26, 2026

Business World Philippines

Lawmakers urged to push governance reforms as Congress resumes session

PHILIPPINE LAWMAKERS should prioritize governance reforms to restore public trust and keep the economy on track, political analysts said over the weekend, as Congress resumes session amid a multibillion-peso graft scandal.

time to read

2 mins

January 26, 2026

Business World Philippines

NexGen eyes RE contracts from terminated gov't deals

LISTED NexGen Energy Corp. is looking to pursue renewable energy (RE) service contracts from the government’s nearly 18-gigawatt (GW) pool of terminated deals.

time to read

2 mins

January 26, 2026

Business World Philippines

Business World Philippines

PlayTime Entertainment power future of Pinoy talent with PT IDOLS

AS THE INDUSTRY shifts toward creator-led content and digital-first vibes, PlayTime Entertainment is officially entering the talent game with the launch of PlayTime IDOLS (PT IDOLS), a next-generation platform built to discover, develop, and empower the next wave of performers, creators, and digital stars.

time to read

1 min

January 26, 2026

Business World Philippines

Business World Philippines

Alex Eala faces Russian Alina Charaeva in Round 1 of historic WTA 125 Philippine Women’s Open

MANNY PACQUIAO, Robert Jaworski, Sr., Hidilyn Diaz, Carlos Yulo and Alexandra “Alex” Eala.

time to read

3 mins

January 26, 2026

Business World Philippines

DMCI Homes sets slightly lower capex at P16 billion

DMCI PROJECT Developers, Inc. (DMCI Homes) has earmarked P16 billion this year for development spending and land acquisition, slightly lower than its P17.9-billion capital expenditure (capex) in 2025, as it plans to roll out four residential projects in Baguio, Laguna, Quezon City, and Taguig.

time to read

1 mins

January 26, 2026

Business World Philippines

Sustaining our gains in tobacco taxation

YELLOW PAD PIA RODRIGO

time to read

3 mins

January 26, 2026

Business World Philippines

Pineapple – chunks, rings, or clothes?

THE PINEAPPLE PLANT has been good to us: once a symbol of luxury, it has been made into a traditional textile for use in formalwear, and is widely consumed as food.

time to read

2 mins

January 26, 2026

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