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President Trump and his lieutenants have been bullying Federal Reserve Chair Jerome Powell for months over the Fed's ...
The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...
U.S., economist warns Is the housing market about to stall the American economy? One economist seems to think so - and he blames high mortgage rates. With home sales sluggish, and home building and ...
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...
The largest US bank by assets and deposits is expected to show net income in the quarter of about $12.8bn, according to ...
JPMorgan stock declined 0.5% in morning trading, while BlackRock tumbled 2%. Citigroup shares moved up 1%, as Wells Fargo stock sold off more than 3% in premarket action.
Brent crude futures fell 5 cents to $69.16 a barrel, while U.S. West Texas Intermediate crude futures declined 9 cents to $66.89 a barrel. Both contracts settled more than $1 lower in the previous ...
Discover why Powell Industries (POWL) is poised for growth with AI demand, energy projects, and a $1.3B backlog.
U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...
The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.
Michael Brown of Pepperstone discusses how the markets could potentially react if President Trump attempted to remove Fed chairman Jerome Powell before his term ends next May.
Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...