U.S. producer prices surge in July as Trump tariffs push costs higher
WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on…
US jobs stats are so weak Trump claims they were ‘rigged’ — but the jobs slump could bring interest rates down
A recent report from the U.S. Bureau of Labor Statistics painted a dreary picture of the job market.…
Trump criticizes Goldman Sachs over tariff inflation claims
Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to…
Trump threatens to sue Federal Reserve Chair Powell
U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal…
US stocks slip as Wall Street braces for an update on inflation
NEW YORK (AP) — U.S. stocks edged back from their record heights on Monday in Wall Street’s final…
The Federal Reserve’s Michelle Bowman backs three cuts to interest rates this year
NEW YORK (AP) — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected…
Trump narrows Fed chair candidates, excludes Scott Bessent
WASHINGTON (AP) — President Donald Trump said Tuesday that he’s whittled down his list of potential Federal Reserve…
Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the ‘Kevins’
Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the US Federal…
Federal Reserve governor Kugler resigns, creating vacancy for Trump
Aug. 2 (UPI) — One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler,…
How this week’s avalanche of news kept markets and investors guessing
It was a dizzying week on Wall Street. The S & P 500 closed this past Monday at…