Dollar slides to 3-year low on report Trump plans to name next Fed chair early
The U.S. dollar sank to three-year low following reports that Trump plans to announce Powell's Fed chair successor early, with Kevin Warsh and Kevin Hassett among leading contenders.
Trump's energy chief warns US grid 'reaching its limit' as administration works to avert 'train wreck'
Energy Secretary Wright warns of U.S. grid limitations, citing emergency orders to prevent plant closures and highlighting the need for rapid changes to ensure reliable power.
White House pushes back on 'remarkably low' GDP forecasts for Trump-GOP tax bill
The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis understates economic output and productivity growth.
Treasury requires US financial institutions cut ties with Mexico-based banks tied to cartel money laundering
The Trump administration on Wednesday, for the first time, used a new authority to require U.S. financial institutions to cut ties with three Mexico-based banks for laundering money on behalf of cartels.
Trump slams Fed Chair Powell for not cutting rates: 'Average mentally person'
President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, calling the central bank chief an "average mentally person."
Bessent urged to stop EU’s ‘punitive’ tax grab targeting U.S. firms
EXCLUSIVE: As U.S.-EU trade talks continue, a free market group warns European digital rules unfairly target American firms while favoring Chinese companies.
Federal judge orders Trump admin to release EV funds signed by Biden to states
A judge said President Trump exceeded constitutional authority by freezing former President Joe Biden's $5 billion electric vehicle infrastructure program.
US trade faces pressure in Middle Eastern markets amid recent Israel-Iran conflict and Trump tariffs
Recent conflict in the Middle East and tariffs imposed by the Trump administration has made more businesses war of possible disruptions.
Powell to be pressed on Fed spending, agency’s politicization
Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.
GM's CEO cozies up to Trump despite company's long history of bucking 'America First' message
General Motors has given President Trump a warm reception since November but has a track record of moves that contradict his "America First" agenda, according to critics.
Trump tells Congress: No one goes on vacation until the 'big, beautiful bill' is done
President Donald Trump instructs Congress to pass the "big, beautiful bill" this week, emphasizing that no lawmaker shall go on summer vacation until they do.
Fed Chair Powell says US economy in a 'solid position' as central bank weighs rate cut timing
Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and inflation slightly above the central bank's 2% target.
Trump declares China can purchase Iranian oil as market signals cautious optimism
Oil markets rose Tuesday after President Donald Trump permitted China to buy Iranian oil, with crude prices dropping amid reduced concerns about the Strait of Hormuz.
Trump pushes Congress to work over 'very dumb, hardheaded' Fed chair Powell ahead of testimony
President Donald Trump, who has been stridently calling for rate cuts, said he hopes that lawmakers will work Fed chair Jerome Powell over on Tuesday
GasBuddy expert says claims gas prices will see 'massive spike' are 'incorrect on the highest level'
GasBuddy's Patrick De Haan spoke with Fox News Digital on gas prices and markets opened slightly higher, oil down.
Trump signals uncertainty over whether he will support GOP senator's push to boost the minimum wage
President Trump expresses uncertainty about Sen. Josh Hawley's bipartisan proposal to raise the minimum wage from $7.25 to $15 per hour, noting its impact on business.
WALL STREET JOURNAL: Trump Meets the Moment on Iran
Trump's strike on Iran's nuclear sites eliminates a grave threat, restores deterrence, and creates opportunity for Middle East peace despite Iran's refusal to abandon uranium enrichment
America headed for 'economic heart attack' on government debt, spending warns billionaire
America faces potential "economic heart attack" as billionaire Ray Dalio warns about chronic overspending, $37 trillion debt and deficit concerns, including those tied to Trump's tax bill.
China’s response to Iran conflict more concerning if West loses, vs retribution for defeating its Tehran ally
Experts examine China's limited military capability to exert power if Iran's regime falls, highlighting Beijing's economic dependence on the US and potential global conflict risks
Frustrated Trump suggests 'maybe' he will need to change his 'mind about firing' Fed chair Jerome Powell
President Donald Trump, frustrated by a lack of interest rate cuts, floated the idea of firing Fed Chair Jerome Powell as he continued lambasting Powell.

















