Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue
Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue
July 19, 2025Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue
July 19, 2025President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates
July 18, 2025President Donald Trump's appointees to a Washington project review board pushed the Federal Reserve five years ago to use more marble for a renovation project at its
July 18, 2025Chicago Federal Reserve Bank President Austan Goolsbee on Friday said the constant "drip drip" of new tariff announcements undercuts the idea that tariffs have only a one-time impact on
July 18, 2025The S&P 500 and Nasdaq Composite ended little changed on Friday, overcoming a brief dip triggered by a Financial Times report indicating U.S.
July 18, 2025Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank
July 18, 2025The U.S. dollar slipped against the euro on Friday but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that tariffs may
July 18, 2025What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets For all the persistent questions and doubts about what happens next,
July 18, 2025Hedge funds say they are prepared if U.S. President Donald Trump fires Federal Reserve Chair Jerome Powell before his term expires next year.
July 18, 2025The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh
July 18, 2025The House is expected to approve President Donald Trump’s request to claw back about $9 billion in already appropriated funding for public broadcasting and foreign aid
July 17, 2025A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts
July 17, 2025By Michael S.
July 17, 2025Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's
July 17, 2025Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion that they had violated the law by deviating from those plans
July 17, 2025Powell defends $2.5 billion Fed renovation in a point-by-point response to the Trump administration
July 17, 2025The spiraling cost of the Federal Reserve's years-long renovation of two historic buildings in Washington, D.C., has become the latest flashpoint in the Trump administration's
July 17, 2025The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U_S_ the “crypto capital of the world.”
July 17, 2025Wall Street rose to more records following some better-than-expected updates on the economy
July 17, 2025The S&P 500 stock index and the Nasdaq Composite both finished at record highs on Thursday, as investors embraced strong economic data and earnings reports that showed
July 17, 2025Equities advanced on Thursday with the S&P 500 and the Nasdaq registering record closing highs and the dollar rose as investors were
July 17, 2025Former Federal Reserve Governor Kevin Warsh, seen as a potential successor to Fed Chair Jerome Powell, said on Thursday there needs to be a new accord between the Treasury Department and
July 17, 2025The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers
July 17, 2025The dollar rebounded broadly on Thursday following a turbulent session on Wednesday when U.S.
July 16, 2025