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US Treasury chief says no reason for Fed chair to step down
US Treasury chief says no reason for Fed chair to step down
Economy
by  AFP

US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a sweeping review of the Fed. The Treasury chief had told CNBC earlier in the day that "what we need to do is examine the entire Federal Reserve institution and whether they have been successful."

Coca-Cola plans US cane sugar alternative after Trump push
Coca-Cola plans US cane sugar alternative after Trump push
Economy
by  AFP

Coca-Cola on Tuesday said it would release a version of Coke in the United States made with US-grown real cane sugar, a move requested by President Donald Trump. Trump last week said that the company had agreed to use cane sugar in the United States version of Coke.