Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.

Trump indicated to Republicans during a meeting in the Oval Office that he plans to fire Powell, a senior White House official told The Hill, and markets quickly dipped, with the S&P 500 falling into ...

Treasury Secretary Scott Bessent joins Morning Joe to defend President Trump’s aggressive trade strategy, insisting “who pays ...

U.S. Treasury Secretary Scott Bessent said on Wednesday that the Federal Reserve’s assessment of the inflationary impact of tariffs may be flawed, and confirmed that President Donald Trump is ...

No one in office wants to do a major renovation of a historic building during their term in office,” he said in June. But Powell sees the project as necessary. According to the Fed’s information page ...

U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new ...

President Donald Trump said Tuesday he is considering eliminating capital gains taxes on home sales, a move that could ...

Trump is shafting his base economically in three ways most Trump voters don’t see or know. It’s important that they do. The ...

The role is one that typically gets little media attention, but Pulte has gotten outsize notice for his willingness to attack Trump’s rivals.

Six months into President Donald Trump’s second term, a quick glance at the stock market might offer a reassuring picture: The S&P 500 just closed above 6,300 points for the first time ever and has ...

TLDR Fed Chair Powell stays silent on interest rate cuts amid market uncertainty and political pressure from Trump. Powell focuses on U.S. bank capital rules, avoiding comments on future monetary ...