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

“Fed should cut Rates by 3 Points. Very low inflation. One Trillion Dollars a year would be saved!!!,’’ he wrote on his Truth Social platform. With inflation rising slightly and job numbers relatively ...

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

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

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.

The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...

Early trading on Wall Street was quietly mixed on Wednesday as markets shift their attention toward a deluge of corporate earnings reports while monitoring ever-changing developments on U.S. trade ...

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.

Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in ...