Under Biden, bitcoin and crypto companies complained of an unofficial policy to “debank” them, cutting off basic financial ...
The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures ...
"It's bad. I've been with the agency for over 33 years and I've never seen anything like this," said Marie Owens-Powell, president of the union that represents more than 8,500 EPA employees.
The S&P 500 lost 0.5%, and the Nasdaq slipped 0.3%. The blue-chip Dow was the only index to finish the week in positive territory. Investors have been bracing for further tariff news after Trump has ...
The battle for authority between President Trump and Fed Chairman Powell has begun, with Trump pushing for a rate cut and Powell holding steady.
The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...