Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated ...

Talk about an eventful week. Normally, when the Fed cuts interest rates, that would be the big story. However, Thursday's ...

Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central ...

I n 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was “our ...

President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

That was widely expected and came as no surprise. The bigger story was Fed Chair Jerome Powell's attempt to defend his job in ...

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by ...

The spike was also a global phenomenon. In the US, the inflation rate hit its highest point in this recent surge in June 2022 ...

The strength of the market response has arguably been at odds with what many economists consider the prospect of worse ...

He said the Fed will need to wait and see what policies actually materialize before factoring them into their analysis. “It’s really going to depend not so much on near-term plans between Congress and ...

Giannis Antetokounmpo appeared fed up. The Bucks superstar snapped at reporter Pat Pickens of the Associated Press after a ...