The White House says it wants a strong US dollar. Investors are still keeping their distance.
In 2025, the US dollar suffered its largest annual drop in eight years. While some in the Trump…
Claudia Sahm: ‘I don’t have a good feeling’ about labor, Fed, at present
Analysts’ favourite gauge of the U.S. economy’s health comes from data. And at the moment, the numbers look…
Trump to announce pick for new Federal Reserve chair on Friday
Asked Wednesday about how the AI boom is impacting the US economy, Fed Chair Jay Powell offered a…
Trump to announce pick for new Federal Reserve chair on Friday
Asked Wednesday about how the AI boom is impacting the US economy, Fed Chair Jay Powell offered a…
Why Jerome Powell’s press conference is the real wildcard for markets
The Federal Reserve is set to announce its rate decision, and almost no one expects it to cut…
Tense Fed is set to lead global peers with interest-rate hold
The Federal Reserve and three of the central banks that just backed its embattled chair are poised to…
JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
WASHINGTON, Jan 17 (Reuters) – JPMorgan (JPM.N), opens new tab CEO Jamie Dimon on Saturday confirmed he was…
Poker-faced Powell may have ace up sleeve to stymie Trump’s Fed shakeup
Powell could stay on as a Fed governor for two more yearsCriminal indictment threat may influence his decisionPowell…
Exclusive: Trump says he has no plan to fire Fed’s Powell despite investigation
‘I don’t have any plan’ to fire Powell, Trump says; ‘too early’ to say if he has grounds…
US federal prosecutors open inquiry into US Fed chair Powell, NYT reports
Jan 11 (Reuters) – The U.S. attorney’s office in the District of Columbia has opened a criminal investigation…
US household wealth hit record in third quarter 2025, Fed data shows
Jan 9 (Reuters) – U.S. household wealth hit a record high of more than $180 trillion in the…
US factory headcount falling despite Trump’s promised manufacturing boom
US manufacturing jobs continue to declineUnemployment rate falls slightly, but job creation estimates revised lowerBlack unemployment rate rises,…