Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

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

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

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

President Donald Trump’s nominee for U.S. ambassador to the United Nations is facing questioning from lawmakers for the first ...

The consequences of Trump’s tariffs have begun to set in.

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...

(Reuters) -JPMorgan Chase CEO Jamie Dimon said on Tuesday the independence of the Federal Reserve is "absolutely critical".

US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.