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Federal Reserve Chair Jerome Powell downplayed strong Q2 GDP, instead flagging moderating economic growth over H1 of 2025.
But just because the S&P 500 and Nasdaq Composite have hit new highs doesn't mean Wall Street's biggest showdown -- Donald Trump vs. Federal Reserve Chair Jerome Powell -- is taking a back seat.
The central bank has defied Trump's public criticism for months, adopting a wait-and-see approach as central bankers observe the effects of tariffs.
— Net hiring has plummeted over the past three months with job gains of just 73,000 in July, 14,000 in June and 19,000 in May ...
Trump's executive order late Thursday laid out rates to be applied against nearly 70 countries, ranging from 10% to 41% in ...
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central ...
The economy grew at a healthy rate despite the back-and-forth with Trump's tariffs, but the true test will come after the ...
President Donald Trump is firing the head of the federal agency in charge of tracking hiring data after a ...
It’s possible that the disappointing numbers are growing pains, or they may be a preview of more disruption to come.
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Businesses, investors and the Fed are all operating under a cloud of uncertainty from Trump’s tariff policy. The latest moves ...
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