Oil, gold jump, stocks sink as Israel pummels Iran
Market reaction to Israel's attacks on Iranian nuclear sites sends oil and gold prices jumping while the Dow, S&P 500 and Nasdaq sink as investors abandon riskier assets.
Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Vance echoes Trump's call for Fed's Powell to cut interest rates: 'Monetary malpractice'
Vice President JD Vance echoed President Donald Trump's calls for the U.S. central bank to lower interest rates, saying its refusal to do so is "monetary malpractice."
Consumers are paying the costs for Trump's tariffs: New York Fed
Federal Reserve Bank of New York finds 75% of businesses facing tariff-induced cost increases are raising prices amid uncertainty about future tariff policies.
Trump urges Fed's Powell to cut interest rates by full percentage point: 'Rocket Fuel!'
President Donald Trump criticized Federal Reserve Chairman Jerome Powell again, calling him "Too Late," and argued for a full percentage point interest rate cut.
Trump calls on 'Too Late' Powell to lower interest rates after dismal ADP jobs report
After ADP revealed a sharp drop in private sector job growth in May, President Donald Trump called on Fed Chair Jerome Powell to lower interest rates.
Fed's favored inflation gauge shows consumer prices eased in April
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.
Fed Chair Powell meets with Trump at the White House
Fed Chair Jerome Powell and President Donald Trump met at the White House for the first time in the president's second term, the Federal Reserve announced.
Fed saw inflation, jobless, stability risks at May meeting, minutes show
Rising inflation and unemployment pose challenges for the Federal Reserve amid tariff uncertainties, as officials weigh economic risks and policy responses.
Trump-nominated FHFA director presses for Fed chair Powell to cut interest rates: 'Enough is enough'
Federal Housing Finance Agency Director William Pulte presses for Federal Reserve Chair Jerome Powell to cut interest rates, echoing President Donald Trump's demand
Fed Chair Powell urges Princeton grads to embrace risk and public service
Federal Reserve Chair Jerome Powell encouraged Princeton graduates to pursue public service, take risks, and focus on personal growth in his Baccalaureate remarks.
Federal Reserve governor warns US deficit 'not sustainable' as Treasury bond demand weakens
Federal Reserve Governor Christopher Waller said markets are demanding higher Treasury yields due to concerns about tax cuts widening the federal budget deficit.
Homebuyers see silver lining in a potential recession, viewing it as buying opportunity
Most American homebuyers are anticipating a recession in the next year, though more view that as a buying opportunity than a deterrent to purchase, Realtor.com found.
Federal Reserve to cut its workforce by 10% in coming years
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair Jerome Powell sent to employees on Friday.
Powell warns economy could face more frequent 'supply shocks'
Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more volatile and supply shocks more common.
Trump lobbies 'Too Late Powell' to cut interest rates
President Donald Trump repeated his criticism of Federal Reserve Chair Jerome Powell as being "too late" in cutting interest rates, while inflation remains above the 2% target.
Inflation ticked slightly higher in April as tariff impact looms
The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.
Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
Fed holds interest rate steady as it waits to see impact of tariffs
Interest rates hold steady as the Fed studies the impact of economic tariffs.
Trump calls Fed's Powell a 'fool' after central bank holds interest rates steady
The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate at a range of 4.25% to 4.5%.

















