In a bold move, Federal Reserve Chair Jerome Powell unites policymakers to implement the first interest rate cut of the year, despite political pressures and economic concerns. Will this decision stabilize the faltering labor market or exacerbate inflation?
As the Federal Reserve gears up for a crucial meeting, expectations for a quarter-point interest rate cut are high, but dissent looms among policymakers. With Trump's influence growing, will the Fed cave to pressure?
In a significant policy shift, the Federal Reserve is poised to lower interest rates to support the struggling US labor market, influenced by President Trump's demands and recent political developments.
In a narrow Senate vote, Stephen Miran has been confirmed to the Federal Reserve Board, expanding Trump's influence as a key policy meeting looms with expectations of a rate cut to support the labor market.
In a significant ruling, a divided federal appeals court has decided that Federal Reserve governor Lisa Cook can remain in her position, rejecting the Trump administration's bid to remove her before a crucial interest rate meeting.
In a significant development, U.S. officials have reached a preliminary deal with China regarding TikTok's ownership, aiming to resolve ongoing trade tensions. With President Trump and Xi Jinping set to approve the deal, the negotiations could reshape the future of social media and international trade.
As the Federal Reserve prepares for its crucial policy meeting, a historic challenge to its leadership is looming. With Trump's nominee on the verge of confirmation and a court ruling on Lisa Cook's fate expected, the Fed's independence hangs in the balance.
A federal judge has ruled against Trump's attempt to fire Fed Governor Cook over alleged mortgage fraud, reinstating her to the board just ahead of a crucial interest rate decision by the Fed.
In an unprecedented move, the Supreme Court is set to hear a case on President Trump's tariffs, a central element of his economic strategy. With lower courts deeming most tariffs illegal, the stakes are high for the economy and small businesses.
The Supreme Court is set to review President Trump's sweeping tariffs, determining if he acted within his authority under the International Emergency Economic Powers Act. This case could reshape U.S. trade policy and impact ongoing negotiations.
