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Trump escalates pressure on Fed Chair Jerome Powell, linking his resignation demand to Adriana Kugler’s surprise exit and ...
NEW YORK (AP) — U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where ...
On Friday, Trump fired Erika McEntarfer, the commissioner of the Bureau of Labor Statistics—the apolitical agency that ...
In a second surprise economic policy development, the door for Trump to make an imprint on a Federal Reserve with which he clashes almost daily for not lowering interest rates opened much earlier than ...
Investors are reacting to Trump's latest plans to impose a wide range of tariffs. A weaker-than-expected jobs report magnified concerns about how these import taxes would affect the economy.
Kugler's resignation gives Trump an opportunity to at least partially shape the Fed's makeup to his liking ahead of her ...
The 10-year Treasury is often used as a benchmark for mortgage and auto loan rates. The Federal Reserve would like to wait to cut short-term rates until closer to the end of 2025, but the odds of a ...
Stocks slumped and Treasury yields fell sharply Friday after a weak report on hiring and the latest gyrations in U.S. trade policy shook Wall Street.
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell ...
Trump called for the firing of the Labor statistics official after data earlier showed employers added just 73,000 jobs in July, while job gains for the previous two months were largely erased.
Trump in a post on his social media platform alleged that the figures were manipulated for political reasons and said that ...
On Friday, Trump fired Erika McEntarfer, the commissioner of the Bureau of Labor Statistics—the apolitical agency that ...