Federal Reserve watchdog finds no criminal violations for building renovation cost overruns

Reported by The Guardian World · yesterday 19:49 · Associated Press

Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest ratesThe Federal Reserve’s internal watchdog said on Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as…

Read the full story on The Guardian World →

News24x7 shows the headline and a short extract only. The full article, its images and all rights belong to The Guardian World.

More in Business & Finance

See all →

💰 Business & Finance Breaking

COLLECTIVE WELLBEING: Renewable energy was promised as a path to prosperity — what happened? (opens on the publisher’s site)

South Africa’s Renewable Energy Independent Power Producer Procurement Programme has delivered infrastructure at scale, but its corporate, market-driven design prioritises private capital accumulation over community development.

Daily Maverick 49 min ago details

💰 Business & Finance

AI tool helps Ghanaian farmers identify crop threats from field observations (opens on the publisher’s site)

For a farmer, a yellow spot on a tomato leaf may seem insignificant. But that small change could be an early sign of a disease or pest infestation that, if not identified and addressed quickly, could spread across a farm and threaten an entire harvest. The challenge is that many farmers rely…

MyJoyOnline 1 hour ago details

💰 Business & Finance

10 poorest countries in Africa 2026 (opens on the publisher’s site)

Based on 2026 estimates from the International Monetary Fund (IMF), several of the countries with the lowest GDP per capita in the world are located in Africa. The post 10 poorest countries in Africa 2026 appeared first on Vanguard News.

Vanguard Nigeria 1 hour ago details

💰 Business & Finance

Canada to fast track oil pipeline meant to diversify economy away from US (opens on the publisher’s site)

Carney declared the pipeline a project of national interest, smoothening its way to a single federal regulatory review.

Al Jazeera 2 hours ago details

💰 Business & Finance

ROBERTA GUMEDE | Building SA’s digital sovereignty without shutting the world out (opens on the publisher’s site)

Clear data classification and procurement policies are essential for true digital sovereignty

BusinessLIVE 2 hours ago details

💰 Business & Finance

From campus to global markets: Why students should learn to export, By Kabir Abdulsalam (opens on the publisher’s site)

A food science student can develop export-ready food products. A fashion designer can build internationally recognised clothing and leather brands. Software developers can export digital solutions and technology services. Students studying engineering, agriculture, accounting, logistics, marketing…

Premium Times 2 hours ago details