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Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is ...
This top U.S. economist puts the chance of a 'stagflationary' recession at 65%
The influential Posen, now the president of the Peterson Institute for International Economics, put the odds of recession at 65%. He said even if Trump strikes deals with various countries, tariffs ...
Wall Street choppy as Eli Lilly jumps, UnitedHealth plummets
Wall Street stocks ended mixed on Thursday, lifted by Eli Lilly and Apple, as investors weighed progress in U.S. trade ...
Trump Threatens Jerome Powell Over Interest Rates: ‘Termination Cannot Come Fast Enough!’
The Federal Reserve chairman refuses to cut rates, while warning that Trump’s tariffs are likely to have worse economic ...
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Trump Firing Powell Could Spark Market ‘Crash’, Turn US Into ‘Two-Bit Dictatorship,’ Elizabeth Warren Cautions
Senator Elizabeth Warren warned on Thursday that U.S. markets would “crash” if President Donald Trump attempted to fire ...
Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters Poll
An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median ...
Markets will ‘crash' if Trump has the power to fire Fed's Powell, Sen. Elizabeth Warren says
Warren, a frequent critic of Federal Reserve Chair Jerome Powell, spoke after Trump wrote on social media that Powell’s ...