News

Stocks close higher despite go-slow Fed, poor Prime Day showing
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...
Can Trump tap Bessent to head the Fed and the Treasury at the same time? Here’s what the law says.
Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do ...
A Hazy Inflation Outlook Divides the Fed
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
Latest Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Former Fed governor says Trump is right to be frustrated with Powell's restrictive policies
Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the ...
Fed Minutes Show Diverse Views on Tariffs and Inflation
Federal Reserve officials appear as uncertain over the future trajectory of the U.S. economy as businesses and consumers, ...
Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.
Stock market shows gains as investors eye tariff moves, await Fed minutes
U.S. stocks are higher as investors eye President Donald Trump's next tariff moves and await minutes from the last Federal ...