The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The ...

President Donald Trump has nominated a top economic adviser to the Federal Reserve’s board of governors for four months, ...

The Dow Jones Industrial Average rose 206.97 points, or 0.47%, to 44,175.61, the S&P 500 gained 49.45 points, or 0.78%, to ...

Donald Trump's desire to remove Jerome Powell as chair of the Federal Reserve is unlikely to alter Fed decision making or have a significant effect on financial markets, as the Fed is independent from ...

Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the ...

The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.

Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been ...

The Federal Reserve is facing new challenges as interest rates show signs of potential long-term increases. In a recent address, Federal Reserve Chair Jerome Powell highlighted the economic ...

Stocks rose in morning trading on Wall Street Friday, keeping the market on track for its third weekly gain in the last four.

Global shares rose on Friday as investors clung to the view that U.S. interest rates may fall further this year, and U.S.

'Stagflation is coming to the U.S.,' says this economist. Here's what it means for the dollar, bonds and stocks. "If you look through the front windscreen rather than the rear-view mirror, it's clear ...