Watch Live: Powell Speaks on Fed Rate Decision in Likely Last Meeting as Chair
Consumers who have been waiting for borrowing costs to drop will have to keep waiting: With inflation elevated,…
US stocks drift in mixed trading as oil prices keep spurting higher
NEW YORK (AP) — The U.S. stock market is drifting in mixed trading Wednesday as the countdown ticks…
Thom Tillis Is Prepared to Advance Kevin Warsh After U.S. Drops Fed Inquiry
The Senate is set to proceed with Kevin Warsh’s nomination to lead the Federal Reserve, after a pivotal…
Justice Department ends criminal investigation of Fed chair Powell
WASHINGTON (AP) — The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a…
Gold falls on oil-driven inflation fears; U.S.-Iran developments in focus
Gold fell Thursday as elevated oil prices fueled fears of inflation and prolonged high interest rates, and U.S.-Iran…
Why Wall Street is setting records even with the Iran war still going on
NEW YORK (AP) — It seems so illogical. How can the U.S. stock market be setting records when…
US stocks rally to records, but Brent oil also tops $100 on worries about the Iran war
NEW YORK (AP) — The U.S. stock market rallied to more records Wednesday after GE Vernova, Boston Scientific…
Federal Reserve nominee Kevin Warsh faces Senate committee hearing
WASHINGTON (AP) — Kevin Warsh is taking another step toward his decade-long goal of winning the top job…
Oil prices steady and Wall Street edges higher with US-Iran talks in doubt
Wall Street followed global markets higher and oil prices were flat Tuesday as U.S.-Iran talks aimed at ending…
Prosecutors seek access to Fed building as Trump threatens to fire Powell after his chair term ends
WASHINGTON (AP) — Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve…
Iran war ignites energy prices at the wholesale level in the US
WASHINGTON (AP) — U.S. wholesale prices surged last month as the Iran war drove up the cost of…
Global economic optimism dims as the Iran war drags on
WASHINGTON (AP) — U.S. and Israeli attacks on Iran have driven up prices, darkened the outlook for the…