News

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
President Donald Trump ousted Joe Biden’s appointees to the National Capital Planning Commission, the obscure panel that oversees urban planning for the Washington area. And instead of the usual wonky ...
Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their ...
President Donald Trump has landed in Texas for a firsthand look at the devastation caused by catastrophic flooding that has killed at least 120 people, which the administration has characterized as a ...
The Fed is expected to hold interest rates steady in July, waiting for more clarity on how tariffs will affect the economy.
With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
President Donald Trump is escalating his pressure campaign on the Federal Reserve chairman by targeting the renovation at the ...
President Donald Trump posted a letter to social media Thursday evening announcing Canadian goods will be subject to a 35% ...
Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.