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The dollar strengthened as U.S. labor markets looked better than investors feared. June payroll data supported expectations the Federal Reserve wouldn’t cut interest rates.
Labor market weakness and stalling consumer spending point to a softer economic outlook, despite strong stock indexes. Click ...
In this video, we dive into the current economic landscape and the upcoming Federal Reserve meeting, set to take place right ...
U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite ...
The president has been trashing Powell for weeks as the central bank chairman has refused to cut interest rates.
Tariffs, threats to the Fed's independence, rising US debt, and fears of worsening inflation caused the US dollar to log its ...
The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, crucial data points that help the Fed assess the economy’s health and guide interest rate decisions.
An analysis finds a critical group of U.S. employers would face a direct cost of $82.3 billion from Trump’s current tariff ...
As Fed chairman, Powell has resisted Trump’s urging to cut interest rates. Powell is waiting for the tariffs to affect prices before making any changes.
The United States dollar is suffering its worst start to a year in more than five decades, likely triggering a price hike for ...