WASHINGTON: US Treasury Secretary Scott Bessent said on Monday (July 21) that the role and performance of the Federal Reserve ...

HARVARD LAWSUIT: A federal judge appeared to lean in favor of Harvard University during arguments today in its lawsuit over ...

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been h ...

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this ...

PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant also stood by its financial forecasts given in April, which projected lower ...

Specifically, the Clinton-appointed judge ruled that Trump’s Office of Management and Budget broke the law by taking down the ...

Experts warn that relying on credit cards can lead to long-term debt, and shoppers are looking for smarter ways to stretch ...

U.S. and world stocks posted solid gains on Monday as the dollar and bond yields fell, while encouraging corporate earnings ...

U.S. Treasury official Stanley Bessent said Monday that the Federal Reserve should be reviewed as an institution, questioning aspects of its decision-making and communication, particularly regarding ...

"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief ...

Standard and Poor's 500 and Nasdaq 500 were trading at record highs during trading as companies prepare to release earnings ...