The S&P 500 and Nasdaq Composite Index both reached record closing highs for a second consecutive day on Wednesday, after Treasury Secretary Scott Bessent said there was a good chance of the Federal ...

Discounted crude prices, a rapidly depleting National Wealth Fund, and banks burdened with bad war loans have deepened the ...

The president has fired a statistician, pressured the central bank, and called for a CEO to quit. Those are hallmarks of an ...

Trump has pressed the Fed to lower interest rates and launched several attacks on chairman Jerome Powell. The FTSE 100 came ...

The dollar fell for a second straight session on Wednesday, a day after a US inflation reading increased expectations of a Federal Reserve rate cut next month, and renewed pressure from President ...

Scott Bessent, the Treasury Secretary, said on Wednesday that members of Congress should be banned from trading individual ...

Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

Inflation remained stable last month, but underlying price pressures accelerated in a concerning change for the Fed as it debates a rate cut in September.

US President Donald Trump calls for 1% interest rates and shortlists 3-4 candidates for Fed Chair, pressuring Jerome Powell.

Tom Barkin, president of the Federal Reserve Bank of Richmond, told a Greenville Chamber group the next rate-cut decision is ...

Shares have advanced in Europe and Asia after the U.S. stock market rallied to records when data showed inflation across the ...