The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

New tariffs unveiled by President Trump have further muddied the inflation outlook, Chicago Fed President Austan Goolsbee ...

But their presence made a lot more sense when the new commissioners spoke up — and promptly took aim at one of Trump’s political foes, Federal Reserve Chair Jerome Powell. Powell has resisted Trump’s ...

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.

U.S. stocks declined amid President Trump's latest tariff threats. The European Central Bank should refrain from lowering interest rates again after eurozone inflation hit the 2% target in June, rate ...

With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...

Citigroup Inc. C is slated to report second-quarter 2025 results on July 15, 2025, before market open. In the first quarter, Citigroup witnessed increases in net interest income (NII) and non-interest ...

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% ...