The Aug. 1 deadline for higher rates to kick in is just 10 days away, putting the heat on U.S. trade partners.

In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused ...

US President Donald Trump on Tuesday announced a new 19% tariff rate for goods from the Philippines after what he called a ...

US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...

The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.

Former Treasury Secretary Janet Yellen supported Federal Reserve Chairman Jerome Powell finishing his term, which is up in May 2026.

U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...

The president has accused Powell of being political and nicknamed him “too late” when it came time to adjusting interest ...

Major stock markets slipped on Tuesday as New York backed off its record highs and European markets fretted over an August 1 ...

U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...

Mohamed El-Erian says Jerome Powell should resign to protect Fed independence as political and legal pressure escalates.

Wall Street gyrated lower and crude lost ground on Tuesday as investors assessed a spate of mixed earnings and signs that U.S ...