Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

If market participants perceive that Fed independence is eroding, moves in financial assets could be wild, some analysts say.

The White House keeps insisting that inflation is a thing of the past. The latest The Consumer Price Index helps prove ...

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...

Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...

The artificial intelligence bellwether (.NVDA), already up more than 20% for the year and the first company to top a $4 ...