Powell Tells House Panel Fed Remains Focused on Inflation, Avoids Tariff Debate
Federal Reserve Chair Jerome Powell reiterated the central bank’s commitment to keeping inflation under control during his semiannual testimony before the House…
Federal Reserve Chair Jerome Powell reiterated the central bank’s commitment to keeping inflation under control during his semiannual testimony before the House…
The U.S. Treasury Department confirms it is halting the production of new one-cent coins, effectively beginning the phase-out of the penny after…
Nike confirms it will implement a round of price increases on a wide range of its footwear, apparel, and sports equipment beginning…
Federal Reserve officials and financial markets are reacting sharply to the anticipated fiscal consequences of President Donald Trump’s expansive new legislative push,…
Senate Majority Leader Chuck Schumer escalates his battle against former President Donald Trump’s trade tariffs, announcing plans to bring the issue to…
U.S. stocks plunge across the board following stark warnings from Federal Reserve Chair Jerome Powell that ongoing and proposed tariffs could pose…
Goldman Sachs has revised its economic outlook for the United States, increasing the probability of a recession in the next 12 months…
Federal Reserve Chair Jerome Powell, testifying before the House Financial Services Committee, reaffirms the central bank’s commitment to policy decisions independent of…
As the Federal Open Market Committee (FOMC) convenes its first meeting of 2025, Federal Reserve officials are grappling with significant fiscal policy…
President-elect Donald Trump delivers a fiery critique of outgoing President Joe Biden’s administration during his first public speech since Congress certified his…