The federal reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate cut this year. The...
The U.S. Supreme Court on Wednesday issued a brief, unsigned order in a case pitting President Donald Trump against Lisa Cook, a Biden appointee on the...
The U.S. Department of Justice has formally opened a criminal investigation into Lisa Cook, the former governor of the Federal Reserve, whom President Donald Trump fired...
President Donald Trump broke new ground again late Monday, becoming the first president to remove a sitting member of the Federal Reserve’s Board of Governors after...
Jerome Powell, chairman of the Federal Reserve, dropped hints on Friday that sometime next month, central bank policymakers might be able to take a hatchet to...
A top economic official at the Federal Reserve resigned on Friday, the latest sign of turmoil amid an ongoing turf feud between its chair, Jerome Powell,...
A flabbergasted Jerome Powell nearly lost his composure on Thursday after President Donald Trump called him out in front of the Washington, D.C., press corps for...
A Republican member of Congress has referred a key Trump nemesis on Capitol Hill for criminal prosecution, telling investigators that his negligent handling of cost overruns...
Jerome Powell, the Federal Reserve chairman whom President Donald Trump has openly mused about firing, may become the focus of an investigation after a GOP congresswoman...
President Donald Trump has reportedly drafted a letter to fire Federal Reserve Chairman Jerome Powell, setting the stage to follow through on a threat to try...
U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that there is currently a “formal process” underway to replace Federal Reserve Chairman Jerome Powell. Bessent stated during...
The Trump economy once again bested economists’ expectations for the month of June, posting a stellar explosion of jobs that further fuels a growing narrative that...
A combative Karoline Leavitt took the White House lectern on Monday, wielding a handwritten note from President Donald Trump that she said explains what’s holding back...
Christopher Waller, Governor of the Federal Reserve, revealed some good news on Friday that should assuage economic fears concerning tariffs and inflation. During an interview with...
The nation’s inflation cooled in April, undercutting a central argument by Democrats that President Donald Trump’s frenetic tariffs would rock the economy and raise prices for...
One day after Federal Reserve Jerome Powell again refused to lower interest rates in response to an unsteady economic outlook, President Donald Trump issued his most...
Consumer prices and inflation data cooled considerably in March, offering a much-needed shot in the arm to the Trump administration amid a reckoning over the president’s...
If two hurricanes haven’t been enough of an October surprise for Vice President Kamala Harris, then terrible news on the economic front may do the trick....
A central talking point of Bidenomics has been the administration’s ability to keep up a facade of growth in the jobs market. But a massive revision...
The latest jobs numbers out of the U.S. Labor Department are a troubling sign that the economy and unemployed Americans are still reeling from the effects...