The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. As you’d expect ...
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
President Donald Trump caused quite a stir during his second week back in the White House when he issued a memo ordering a freezing of federal grant, loan and other assistance programs until he is ...
A Jan. 28 Instagram post (direct link, archive link) includes a screenshot of an article about the Trump administration's freeze on federal grant funding. “Rip FAFSA,” reads the post ...
The Office of Personnel Management (OPM) said it gave no orders to shut down government websites amid confusion over complying with a new Trump administration policy requiring agencies to scrub ...
Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...
Americans don’t know the full extent of what Elon Musk is doing as he embeds alongside President Donald Trump at the top of the federal government. What we know is that he’s the world’s ...