President Donald Trump on Wednesday blasted Federal Reserve Chair Jerome Powell and the U.S. central bank on Truth Social, saying their failures created with Inflation and that they have done a “terrible job on Bank Regulation.
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
Jared Bernstein, the outgoing chair of the Council of Economic Advisers, says that Donald Trump is inheriting a strong economy, but with less freedom to maneuver than he had during his first term.
Joe Biden leaves the presidency with what appears to be a sterling ... Inflation peaked above 9% in June 2022 and has stayed above the Federal Reserve's 2% target every month since March 2021. As the prices of various goods and services increased and ...
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
The Federal Reserve defied Donald Trump’s demands for lower borrowing costs by keeping US interest rates on hold and suggesting they will remain higher for longer...
The US Federal Reserve held interest rates steady yesterday, defying Donald Trump’s calls for deep reductions. The Fed’s pause on cuts is a setback for the renewable energy industry, which has struggled from high upfront costs and faces an uncertain future amid the US president’s tariffs threats and restrictions to solar and wind development.
President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.
On an annualized basis, Biden’s Dow performance is slightly below the 50-year average, but higher than the average among 20th and 21st-century Democratic presidents. Among one-term presidents, the Dow’s performance under Biden is the worst since Jimmy Carter.
Former US President Joe Biden ended his term with major strides in student loan forgiveness, but with Donald Trump back in the White House, there are questions about if he will continue with these initiatives,
Tulsi Gabbard, Donald Trump ’s nominee for director of national intelligence, was repeatedly asked to explain why she sought a pardon for Edward Snowden, the former government contractor who leaked thousands of classified documents revealing the scope of the nation’s surveillance programs.