Wall Street's main indexes opened higher on Friday as U.S. President Donald Trump's temporary pick for a Federal Reserve ...

Wall Street rose on Friday, setting up a strong finish to the week, after President Donald Trump's interim pick for a Fed ...

Dollar strengthens and Treasury yields rise on reports favoring Christopher Waller for Fed chair, signaling continuity in policy approach and stability for markets.

Trump has nominated a top economic adviser to the Federal Reserve's board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment.

“By selecting Miran, Trump has made a stop-gap appointment and given himself until January to make the main call,” said ...

The dollar firmed slightly on Friday but was heading for a weekly fall as U.S. President Donald Trump's temporary choice for a fill-in Federal Reserve governor stoked expectations for a dovish pick to ...

The US Dollar is reverting to the previous two days' losses as investors welcomed reports suggesting that Fed Governor Waller is emerging as a top candidate for the replacement of Chair Powell in May, ...

Investors and analysts also see the surprisingly weak jobs report as an indication the odds of an interest rate cut at the ...

The appointment is Trump’s first opportunity to exert more control over the Fed, one of the few remaining independent federal ...

The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will cut rates more ...

The pressure to cut rates is intensifying as the US jobs market and the growth story are no longer looking quite so solid.

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...