News

Bitcoin Rises Toward Record High. Why Trump, Fed Rates, ETFs May Be Driving Cryptos.
It wasn't clear what was driving digital assets higher, but one factor could be investors pivoting away from stocks due to ...
The Fed forecast that everyone's watching
The central bank is on a path to hold steady, reaffirming the view that the economy is in strong enough shape for ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...
Jerome Powell is competing to be the worst Fed chair in history
By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...
Say It Repeatedly, The Fed Isn’t Nor Can It Be ‘Independent’
The Fed is an outsourced creation of Congress whose officials are appointed by presidents and confirmed by Congress. Of ...
Steady job market keeps Fed on hold amid tariff uncertainty
Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...
Trump calls for Fed Chair Jerome Powell to immediately resign: ‘Too late’
In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for ...
Why the Fed Is Likely to Stay on Pause
The June jobs report is likely to keep the Federal Reserve in a wait-and-see stance for the summer, writes our Nick Timiraos, ...
Trump blasted over ‘four-word’ bizarre response on Fed cuts as Texas flood death toll rises; ‘His ears don’t hear truth’
Donald Trump's brief response to inquiries about federal cuts and the Texas floods drew ire, as he claimed he couldn't hear ...