The remark came in response to being asked about firing Fed chair Jerome Powell, whom president Donald Trump has repeatedly attacked in recent weeks for not cutting interest rates.

US Treasury Secretary Scott Bessent has expressed a need to examine the performance of the Federal Reserve, which has maintained a cautious stance on lowering interest rates.

Trade, production, growth and other global economic vitals are proving resilient almost four months after President Trump’s ...

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

Step into Lighthouse Coffee Shop on Lee Dr., and you’ll find students, old friends, baristas, and the aroma of roasting ...

A recently released analysis from The Budget Lab at Yale estimates consumers could pay an additional $2,800 per year if new ...

For example, the University of Michigan Consumer Sentiment Index is near an all-time low. And just 22 percent of U.S. adults ...

Verizon's post-earnings gain made it the best Dow Jones stock today. All in all, the blue chip Dow Jones Industrial Average swung lower into the close, shedding 0.04% to end at 44,323. Meanwhile, the ...

U.S. and world stocks posted solid gains on Monday as the dollar and bond yields fell, while encouraging corporate earnings ...

President Donald Trump and the toadies who populate his administration think his presidency is going great. Polling shows ...

"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief ...

Some recently released data has spelled good news for parts of the American economy thus far in President Donald Trump’s ...