Many economists and Wall Street investors still expect the Fed will reduce rates two or three times this year, but the sweeping tariffs imposed by Trump have injected a tremendous amount of ...

Fed Chair Jerome Powell was scheduled to hold a press conference following the announcement at 2:30 p.m. ET. You can watch that live here or on YouTube.

Yet that is precisely where the Fed sits. Its operating premise—that prosperity breeds inflation—gets the causality exactly wrong. From that faulty assumption flows a second delusion ...

President Donald Trump has called for the Fed to cut rates, but the central bank is in a tough spot. One-year inflation expectations are surging, while data doesn't yet indicate a cut is needed.

Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American ...

Trump has pushed the Fed to cut its key short-term interest rate because inflation has cooled. But Fed Chair Jerome Powell has underscored that the central bank is likely to remain on the ...

US consumer spending jumped in March while a key measure of inflation decelerated, a welcome reprieve before tariffs are expected to broadly drive up prices. Inflation-adjusted consumer spending ...

A New York City police officer shot and killed a driver near the Belt Parkway in Brooklyn on Tuesday after police say that driver nearly struck the officer at a roadblock. We've learned the ...

Fed's concern is above-target inflation that may worsen due to tariffs U.S. economy shrank last quarter, consumer spending slowed Traders expect an interest rate cut in June April 30 (Reuters ...

The cases are being watched as potential proxies for whether Trump has the authority to fire Fed officials, particularly after his recent criticism of Powell shook financial markets and fueled ...

The young person’s guide to conquering (and saving) the world. Teen Vogue covers the latest in celebrity news, politics, fashion, beauty, wellness, lifestyle, and entertainment.

With 259 of 259 polls reporting, Jim Belanger, of the Conservative Party, is projected to win in Sudbury East—Manitoulin—Nickel Belt. As of 4:21 p.m., Belanger has 29,129 of 60,266 votes (48.33%).