WASHINGTON — Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are ...

Fact checked by Vikki Velasquez It's commonly known that interest rates are indirectly related to unemployment. High interest rates can dampen economic activity and reduce employment, while low rates ...

White House trade czar Peter Navarro on Wednesday called Federal Reserve Board Chair Jerome Powell the “worst Fed chair in history” at the Hill Nation Summit. “All I want is a Fed chair who ...

Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the ...

Johnson & Johnson rose 1.8% after the drug and medical device giant beat analysts' sales and profit targets and raised its ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

Wholesale prices were unchanged in June and showed only a mild effect from U.S. tariffs, adding to the growing view that trade wars won't lead to a big surge in inflation. The flat reading in the ...

The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.

Chair Jerome Powell and other central bankers, however, have not backed down. They contend that, given the current state of ...

A CD can help you lock in a high rate or save for future goals, but a money market account offers other benefits.