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Explore the latest trends on Wall Street as U.S. shares open higher amid positive quarterly results from top banks.
President Trump considers firing Jerome Powell amidst discussions with Republican lawmakers in the Oval Office.
NEW YORK (AP) — All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, but the test conducted by the central bank was notably ...
Getty Images The Federal Reserve suffers from a fatal conceit, and our economy is paying the price. As expected, at its meeting this week the Federal Reserve did nothing regarding interest rates.
The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that President Donald Trump's tariffs could push up prices.
If Republicans are serious about reducing federal deficit spending, it is important to consider the effect the Federal Reserve has on the nation’s budgetary outlook. If the numerical models ...
Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.
WASHINGTON — President Trump called Federal Reserve Chairman Jerome Powell to the White House Thursday to demand a cut in interest rates — pointing to a dramatic decline in inflation since its ...
Trump meets with the Federal Reserve chairman he has repeatedly scorned The two discussed the economy but not Powell’s outlook for interest rates, the Fed said.
Federal Reserve Chair Jerome Powell, in a Princeton speech, defends the central bank’s response to the COVID-19 crisis and praises government workers and U.S. universities, both targets of Trump.
The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...
The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal, noting what he described as ...