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FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, ...
The dollar hit a three-and-a-half-year low against the euro and sterling on Thursday in a broad selloff as traders priced in ...
NEW YORK (AP) — The U.S. stock market is rising toward the brink of another record. The S&P 500 was 0.5% higher in morning trading and just 0.3% below its all-time high, which was set in February. The ...
The U.S. dollar sank to three-year low following reports that Trump plans to announce Powell's Fed chair successor early, ...
US stocks opened higher on Thursday and the benchmark S&P 500 was just a whisker away from hitting an all-time high. The Dow ...
The gulf between where the Federal Reserve projects interest rates will be by the end of 2026 and the more aggressive cutting ...
"I think he's terrible," Trump said when asked during a news conference about his intentions for the next Fed leader. Trump then called Powell a "very average mentally person," adding he has "a low IQ ...
After headline-grabbing comments from Fed Governors Waller and Bowman, nearly a dozen other policymakers have signaled less ...
Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged ...
The White House is pushing back on suggestions that it is accelerating plans to name a new chair of the Federal Reserve as ...
U.S. stocks are higher with the Nasdaq Composite flirting with all-time intraday highs after The Wall Street Journal said President Trump was considering naming his pick to succeed Fed Chair Jerome ...
Senator Elizabeth Warren (D-MA) got Fed Chair Jerome Powell to blame Trump's policies for negative economic projections ...