News

Trump economics adviser Kevin Hassett is rising in race for next Fed chief
Kevin Hassett, Trump's longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, ...
Fed Chair Powell's finally fighting back as the White House looks to fire him "for cause"
The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?
Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...
Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
The Economist7h
Fed up with Putin, Trump offers Ukraine arms and tariffs
The weapons for Ukraine would henceforth be bought by European allies rather than donated from American stocks or bought from ...
2 former Fed economists say Chair Jerome Powell is facing an epic conundrum
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...
Fed's extended rate hike campaign is expanding banks' net interest margins, says Argus Research's Biggar
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...
Fed judge: Immigration officials can't stop people in L.A. based on race or spoken language
President Trump is facing growing backlash over his administration's immigration crackdown. A federal judge in California ...