An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant also stood by its financial forecasts given in April, which projected lower ...

The White House on Monday asserted that new “data” proves the U.S. economy is “back on track,” but inflation—a leading ...

CNBC released a list of the 12 most expensive states to live in — naming Oregon among states hardest hit by inflation.

The research shows how droughts, heat and floods raised prices of consumables like chocolate and cocoa and warns that future ...

Standard and Poor's 500 and Nasdaq 500 were trading at record highs during trading as companies prepare to release earnings ...

Connecticut Democratic Rep. Jim Himes gave Trump's Commerce Secretary the treatment he deserves when asked about Trump's continued threats to fire the Fed Chair, Jerome Powell.

Treasury Secretary Scott Bessent said during a Monday interview on CNBC that we should examine whether the institution of the ...

Explore how Trump is hinting at firing Powell and what this could mean for inflation and U.S. monetary policy.

Explore how the U-shaped yield curve, Treasury rates, and inflation trends align with Trump's rate cut call, offering ...

We do not know if President Donald Trump will fire Jerome Powell from his job as chair of the Federal Reserve. We do know the financial markets do not much like the idea.

The Federal Reserve on Monday added a video tour and new details about the renovation of two historical buildings at its ...