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?'" ...

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.

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 ...

An overly concentrated rally also likely means there are good opportunities for long-term investors in the parts of the ...

Investors appear to be buying into a 'Goldilocks' scenario with growth strong enough to support profits but not enough to ...

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...

What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...

Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.