News

Jerome Powell hit with a criminal referral over Fed's $2.5B renovation project — what it might mean for your nest egg
Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest ...
'The 2 Kevins' and the other potential picks Trump could name to replace Jerome Powell
Donald Trump says "the Two Kevins" are among the leading candidates to lead the Federal Reserve. Someone else is surging in ...
Trump made his MAGA Fed pick. His next choice will be far more consequential
President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next ...
Trump Favors Short-Term Fed Pick to Preserve Powell Succession Options
President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...
Fed's Powell has 'utmost integrity', says Bank of England's Bailey
U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...
Apple notches best week in years; Trump shakes Fed leadership: This Week in markets
Apple announced $100 billion in new U.S. manufacturing investments, sending its shares up over 10% for the week. After recent declines, triggered by a weaker-than-expected jobs report and a June ...
JPMorgan predicts Fed will cut rates in September — and four total times this year
The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.
Bessent leads broad search for Fed chair that includes Bullard, Sumerlin
U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...