News

Bitcoin hit a new all-time high Wednesday, breaking the previous milestone from July—and an Ethereum record may not be far ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
Federal Reserve Chair Jerome Powell is likely to push back on growing investor expectations for a September interest-rate cut, as the rate-setting committee is still divided over its next move.
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...
The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...
The president blasted David Solomon (and his erstwhile DJ side gig) in a social post Tuesday, suggesting he fire a top ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
US stocks close higher, with S&P 500 and Nasdaq scoring record highs. Tame inflation seen giving Fed room to cut rates next month to lift job market.
In a post on his Truth Social social-media network, Trump again urged the Fed to lower interest rates, writing: “I am … ...
Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...
Tuesday morning after the report was released, Trump took to social media to say Fed chair Jerome Powell "must NOW lower the ...