News

The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.
The price of Bitcoin wavered after a hotter-than-expected jobs report pointed to a resilient U.S. labor market, squashing ...
President Trump said on Wednesday that Jerome H. Powell, the chair of the Federal Reserve, should “resign immediately,” escalating an earlier call less than a week ago encouraging him to do so.
During a House Financial Services Committee hearing on Tuesday, Rep. French Hill (R-AR) asked Federal Reserve Chair Jerome Powell about the impact of tariffs and employment on inflation.
Many think interest rates are too high, and a growing chorus of voices is calling on the Fed to cut rates. Are they right?
Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...
The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...
The housing industry is desperate for good news on interest rates, but it didn’t get any from Thursday's jobs report.