Apart from the boost which an interest rate cut would provide for the speculators in financial markets, one of the factors in ...

Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...

President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal ...

Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...

Fed independence is ‘something we should fight to preserve,’ says David Solomon, CEO of Goldman Sachs. The nation’s biggest ...

Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies.

Donald Trump's threat to fire the head of the Federal Reserve, America's central bank, is a financial train wreck unfolding ...

Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...

Warren Buffett, the so-called Sage of Omaha, has been shedding his US bank holdings. At the start of the year, Buffett’s Berkshire Hathaway sold about $3.2bn (£2.4bn) of shares in American banks and ...

Tension between the White House and the Federal Reserve is reaching a boiling point, with US President Donald Trump increasing his attacks on chairman Jerome Powell in recent days. Fears that the US ...

In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush ...

Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news to start your day.