News

Treasury Secretary Scott Bessent is leading a search for a successor to Fed Chair Jerome Powell, whom President Trump has pushed all year, in vain, to cut rates.
U.S. Treasury Secretary Scott Bessent has expanded the list of potential Federal Reserve chair nominees to include the ...
Federal Reserve faces risks to inflation and jobs goals, with policymakers needing to balance which seems the more serious threat in deciding whether it is appropriate to reduce interest rates.
So far, they’ve absorbed 22% of tariff costs through June, but that share will rise to 67% if the latest tariffs follow the ...
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data reliability complicates policymaking.
For a decade, Monaco billionaire Patrice Pastor has acquired more than $100 million in properties across Carmel. But his long ...
July’s CPI is expected to show a quicker rise in prices than in June as investors closely monitor the impact of tariffs on ...
Both Federal Reserve vice chairs, Michelle Bowman and Philip Jefferson, as well as Dallas Fed President Lorie Logan are under ...
The July inflation report is crucial for markets. Sources say both a too-hot and a too-cold CPI reading would be a concern ...
Gold prices fell on Monday after President Donald Trump said tariffs will not be placed on imported gold bars, while ...
Steve Hanke, a member of Ronald Reagan's Council of Economic Advisers, believes the U.S. will slip into a recession this year ...
Tariffs have boosted US government revenue and narrowed the trade deficit, but most of the burden falls on US companies and ...