News

It's Trump's economy now. The latest financial numbers offer some warning signs
— Net hiring has plummeted over the past three months with job gains of just 73,000 in July, 14,000 in June and 19,000 in May ...
Federal Reserve gov’s exit could accelerate Trump’s selection of next chair
Adriana Kugler’s exit unfolds amid unprecedented public pressure from the White House on the central bank over monetary ...
Trump fires labor data commissioner after claiming jobs report was 'rigged'
President Donald Trump is firing the head of the federal agency in charge of tracking hiring data after a weaker-than-expected jobs report on Friday, claiming, without evidence, that new figures were ...
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Kugler resigning from Fed, opening door to Trump appointment
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central ...
U.S. Economy Grew 3% Despite Trump's Tariffs as He Repeats Call for Fed Chair To Lower Rates
The economy grew at a healthy rate despite the back-and-forth with Trump's tariffs, but the true test will come after the ...
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Wall Street falls the most since May after employers slash hiring and tariffs roll out
Businesses, investors and the Fed are all operating under a cloud of uncertainty from Trump’s tariff policy. The latest moves ...
The Latest: Market slumps, Gaza 'bloodbaths' and likely deaths from Medicaid cuts
With President Donald Trump's latest executive order on tariffs now set to go into effect Aug. 7, and Friday's report of a ...
Trump ramps up pressure on the Fed to slash rates to 1% — but would that be risky for US jobs, savings and investments?
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
Did the Fed just royally screw up?
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...