News

One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, announced she is stepping down next week, ...
President Donald Trump is firing the head of the federal agency in charge of tracking hiring data after a weaker-than-expected jobs report on Friday, claiming, without evidence, that new figures were ...
On the foreign policy front, Special Envoy to the Middle East Steve Witkoff and U.S. Ambassador to Israel Mike Huckabee are ...
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
Enbridge's stable business model offers reliable, if dull, choice for income investors. Click to read more on ENB's dividend ...
An anemic July jobs report boosted expectations the Federal Reserve might lower interest rates in September. Trump said the jobs report was "rigged." ...
The central bank has defied Trump's public criticism for months, adopting a wait-and-see approach as central bankers observe ...
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
Meanwhile, when the Fed decides to raise rates, it usually has the inverse effect, in that it will typically lead interest rates on credit cards, auto loans and variable rate mortgages to go up. The ...