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Treasury Secretary Scott Bessent said during a Monday interview on CNBC that we should examine whether the institution of the ...
WASHINGTON: US Treasury Secretary Scott Bessent said on Monday (July 21) that the role and performance of the Federal Reserve ...
This assessment has kept the Federal Reserve "on hold" lately. After cutting rates last year based on inflation trending in the right direction, Jay Powell’s crew has decided to "wait and see" if the ...
We do not know if President Donald Trump will fire Jerome Powell from his job as chair of the Federal Reserve. We do know the financial markets do not much like the idea.
U.S. households fared far better when applying for credit for mortgage refinancing or auto loans in June, new figures on ...
"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief ...
U.S. stocks rose, with earnings season ramping up. Investors also are tracking tariff negotiations ahead of Aug. 1 deadline. The U.S. economy is set to slow, leading economic indicators say, with the ...
Could the price of gold reach $3,500 this month? A few drivers can sway the precious metal's direction, experts say.
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
The stock market has been making fresh records, but there are risks building, including AI disappointment and a potentially ...
All the data on inflation since Trump returned to office suggest that Jerome Powell is being too cautious in his approach to rate cuts.
A CBS/YouGov poll released Sunday found Trump’s approval rating at 42%, with disapproval at 58%. That approval compares with 45% in June and 47% in mid-April.