News

Trump firing Fed Chair Powell could spark 'Nixon shock,' warns analyst
Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon ...
Trump economics adviser Kevin Hassett is rising in race for next Fed chief
Kevin Hassett, Trump's longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, ...
Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...
Trump urges rate cuts to boost savings, but Fed says economy is strong
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty ...
Fed judge: Immigration officials can't stop people in L.A. based on race or spoken language
President Trump is facing growing backlash over his administration's immigration crackdown. A federal judge in California ...
Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports
U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project ...
The Economist6h
Fed up with Putin, Trump offers Ukraine arms and tariffs
The weapons for Ukraine would henceforth be bought by European allies rather than donated from American stocks or bought from ...
2 former Fed economists say Chair Jerome Powell is facing an epic conundrum
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...
Fed's extended rate hike campaign is expanding banks' net interest margins, says Argus Research's Biggar
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...