Elon Musk, the CEO of Tesla and SpaceX and a billionaire supporter of newly elected President Donald Trump has endorsed the ...
The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.
Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...
The Fed opened the door to a potential pause in December, as it upgraded the inflation outlook. Read what this pause and the ...
Barely 48 hours after Trump had been named president-elect, the tension was already evident during Powell’s Thursday press ...
At a press conference Friday, U.S. Rep. Gwen Moore and MBHS president and CEO Sister MacCanon Brown announced that $500,000 ...
As counting continues, the president-elect's party is just three seats short of a majority in the House of Representatives ...
Trump would also face a potentially steep decline in the stock market if he appeared to seriously threaten the independence of the Fed, some experts said. Bank executives and other business leaders ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
During a press conference on Thursday, Federal Reserve Chair Jerome Powell ... Despite appointing Powell, Trump directed ...
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...