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Trump insists that the U.S. effectively has no inflation as he has attempted to pressure Federal Reserve Chair Jerome Powell into cutting short-term interest rates. Yet the new inflation numbers make ...
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...
Plus: Johnson tells Bondi to explain statements{beacon}PRESIDENT TRUMP and Congress are moving this week to address the ...
The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...
The building at 1703 Main St., which formerly housed a Ramona Home Video, Rags to Riches thrift store and other small ...
JPMorgan stock declined 0.5% in morning trading, while BlackRock tumbled 2%. Citigroup shares moved up 1%, as Wells Fargo stock sold off more than 3% in premarket action.
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
The JPMorgan chief warned the Federal Reserve’s independence is critical as Scott Bessent says a “formal process” to replace ...
JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
Most U.S. stocks slumped on Tuesday after the latest update on inflation hurt Wall Street's hopes for lower interest rates.