Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation ...

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says. By Jeff Sommer Jeff Sommer writes Strategies, a weekly ...

CLEVELAND—When Beth Hammack was selected last year to lead the Federal Reserve Bank of Cleveland, one of her former colleagues on Wall Street predicted she would waste little time in leaving her ...

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon ...

President-elect Donald Trump is bringing back a senior White House official who led his first-term push to make it easier to fire civil servants. James Sherk, who served as a special assistant on ...

WASHINGTON, Feb 5 (Reuters) - The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and residential real estate markets as part of the U ...

SpaceX and its subsidiary Starlink have received over $3.3B in federal dollars. House Judiciary Democrats sent a terse letter Friday to newly minted Attorney General Pam Bondi, expressing concerns ...

President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...