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Alan Greenspan, who led the Federal Reserve from 1987 to 2006, died Monday at his Washington home. His wife Andrea Mitchell confirmed the death resulted from complications of Parkinson’s disease.
upi.comAlan Greenspan died Monday at his home in Washington at the age of 100. Andrea Mitchell, his wife of 29 years, confirmed the death and said it resulted from complications of Parkinson’s disease. The Federal Reserve issued a statement noting with deep sadness the passing of its former chair.
Greenspan served as the 13th chair of the Federal Reserve from 1987 to 2006. He was appointed by President Reagan and held the position under Presidents George H.W. Bush, Bill Clinton, and George W. Bush.
His 18-and-a-half-year term ranks as the second-longest in the central bank’s history. Born in New York City on March 6, 1926, Greenspan studied clarinet at Juilliard before earning bachelor’s, master’s, and doctoral degrees in economics from New York University.
benzinga.comMomenta plans to begin trading in Hong Kong on Wednesday after completing a $752 million IPO. The listing will test investor appetite for loss-making technology companies.
retailtimes.co.ukThe Bank of England’s Financial Policy Committee said the UK financial system remains resilient despite higher equity leverage, stretched AI valuations, and Middle East conflict effects. Energy prices rose then fell after a US-Iran memorandum, while private credit and sovereign d…
Major U.S. indexes declined Tuesday after artificial-intelligence shares fell sharply. The S&P 500 slipped 33.58 points to 7,503.85 while the Nasdaq composite dropped 1.2 percent.