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," ...

Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

WASHINGTON (AP) — President Donald Trump and Sen. David McCormick of Pennsylvania will jointly announce roughly $70 billion ...

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...

Excluding the volatile food and energy categories, core inflation increased 2.9 percent in June from a year earlier, up from ...

Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...

President Biden in November 2024, to the chagrin of some Trump allies, had allowed Ukraine to use ATACMS, leading the ...

Overall, grocery prices rose 0.3% last month and are up 2.4% from a year earlier. While that is a much smaller annual ...

Donald Trump said on Tuesday that consumer prices were low and the Federal Reserve should bring down interest rates now.