In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.

The US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping nearly 43 percentage points since April. That crushes the previous high of 206% from February and more than doubles the ratio from nine years ago.

Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.

As President Donald Trump continues to fume over Federal Reserve policy, a new report finds inflation is up, while consumer spending and income are down.

Key Takeaways A June report on the Consumer Price Index should show a bump in the inflation rate, possibly due to the impact of President Donald Trump's tariffs.Some forecasters expect tariffs to have an "undeniable" effect on prices,

President Donald Trump is trying to lead by example to downsize the federal government. The White House payroll this year is the smallest it's been in more than a decade when you factor in inflation.

President Donald Trump's second term continues to spark emotions - most recently with the approval of his controversial "One, Big, Beautiful Bill." What the polls reveal.

Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the Biden administration. Consumer prices increased 2.4% in May compared to a year earlier, hovering near the lowest inflation since 2021.