Trump's war against the Powell Fed has taken another political turn
Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to...
Donald Trump
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's...
How the stock market made it back to a new record — even with so much still to worry about
Traders work on the floor at the New York Stock Exchange on June 23, 2025.Brendan McDermid | ReutersAn aggressive trade...
How the Republican megabill targets immigrant finances
Senate Majority Leader John Thune (R-SD) speaks to reporters at Capitol Hill on June 24, 2025 in Washington.Tasos Katopodis |...
The $5 million Trump Card faces legal challenges, limited market
U.S. President Donald Trump holds "The Trump Card" as he speaks with journalists onboard Air Force One en route to...
Nike will report earnings after the bell. Here's what Wall Street expects
A shopper walks past a Nike store, as global markets brace for a hit to trade and growth caused by...
China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
Renminbi notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, Jan. 26, 2023.Athit Perawongmetha | ReutersChina is...
Back-to-school spending persists despite economic pressure, consumer survey says
A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the...
Watch Fed Chair Powell testify live on interest rate policy before House committee
Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before...
Fed Governor Bowman favors July interest rate cut if inflation stays low
Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets...
Fed Governor Waller says central bank could cut rates as early as July
Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be...
The U.S. added a thousand new millionaires a day in 2024: Report
Mercer Island, a wealthy enclave just outside Seattle.Danita Delimont | Gallo Images Roots Rf Collection | Getty ImagesA version of...
Fed holds key rate steady, still sees two more cuts this year
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of...
Trump says 'stupid' Powell 'probably won't cut' rates when Fed meeting ends Wednesday
With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted...
Retail sales fell 0.9% in May, worse than expected, as consumers pulled back
Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumer...
Stocks making the biggest moves premarket: U.S. Steel, Roku, Celsius, Sarepta Therapeutics and more
Check out the companies making headlines before the opening bell on Wall Street: U.S. Steel — U.S. Steel shares jumped 5%...
Power play: Two money managers bet big on uranium, predict long shelf life for gains
The uranium trade's shelf life may last years.According to Sprott Asset Management CEO John Ciampaglia, a "real shift" upward is...
Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia.Sha Hanting | China News Service | Getty...
Shares of scandal-plagued Brazilian meat giant JBS open at $13.65 in U.S. public debut
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty...
