U.S. President Donald Trump might face an increase of nearly $60 billion (around £44 billion) in interest costs if he opts to ...

"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...

The Trump administration says it will facilitate the return of former detainees of an El Salvador prison to the U.S. from ...

U.S. consumers boosted their spending in June following a pullback the previous month, offering a reassuring sign for the ...

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.

In China, a 5.2% increase in second-quarter gross domestic product beat expectations, bringing the official 5% expansion goal ...

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap ...

Tariffs, trade wars, lingering inflation and high interest rates - all of these drains on the economy have not been enough to plunge the U.S. into recession. How come? Simple. Most people who want a ...

The annual inflation rate in the United States rose to 2.7% in June—its highest level since February, according to the U.S.

President Donald Trump wants the Federal Reserve to slash interest rates by three percentage points, a massive cut that could ...

Donald Trump will be hit with a $60bn (£44bn) bill if he follows through on his threats to sack Federal Reserve chairman ...