The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.

Trump’s push for rate cuts and his Big Beautiful Bill leave the Fed trapped. Whether it cuts or holds, inflation is likely to ...

Many CEOs have been scrambling this year to rewire supply chains and minimize the impact of President Trump's new tariffs. The import taxes have dented profits at dozens of big companies and led many ...

Jefferson, a former academic, is a member of Powell's inner circle as the Vice Chair of the Fed board. He was appointed to his post by former President Joe Biden. Logan is a former top Fed staffer who ...

S&P Global has upheld the 'AA+' credit rating for the U.S., citing revenue from tariffs introduced under President Trump as a ...

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President ...

Federal Reserve Vice Chair for Supervision Michelle Bowman stuck to her guns about cutting interest rates Tuesday, saying she hadn’t changed her opinion after dissenting from the rest of the Fed ...

GMT - Oil prices fall on hopes for an end to the war in Ukraine, with Brent crude down 1.1% at $65.84 a barrel and WTI down 1.2% at $61.92 a barrel. The drop in prices reflects renewed optimism ...

After attempting to undermine Trump for the handling of the Epstein files, Democrats are sharply criticizing the president ...

While there are signs of equipoise in economy, we believe potential for resurgent inflation — likely emanating from the labor ...