Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the ...
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...
We will not know the extent or the success of President Donald Trump’s purge of the federal bureaucracy for some time. There ...
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Meanwhile, an uptick in unemployment can have a silver lining: When inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as it did following its November ...
The search of a home in Pickens County, South Carolina, led to the recovery of stolen items and drugs, according to the Pickens County Sheriff's Office.
The Massachusetts senator decries Donald Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s "Mount Everest of conflicts." ...
Janet L. Yellen did not say tariffs would not lead to price increases; she was speaking about a narrow set of targeted ...
T rump received sweeping support from evangelicals in the 2024 presidential election, securing the votes of about eight in 10 ...
President Donald Trump's first three weeks have been a nonstop attack on federal institutions that has left even a number of ...