News

Trump has a big, beautiful reason to push for lower rates
As the federal debt passes $37 trillion, the government’s interest expense is soaring. The President’s tax and spending bill ...
As Trump blasts Fed to lower rates, it’s the bond market in need of convincing
The bond market showed little appetite Friday for granting President Donald Trump’s wish for lower interest rates as two of ...
Fed Holds Interest Rates Steady After Trump Ripped Powell for Inaction
Fed policymakers left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%, where it has remained since ...
Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market
If you’re starting to worry about the downside risk to the labor market, move now, don’t wait,” Waller told CNBC.
The July 1 changes that will put more money in your pocket
Minimum wage rise: From July 1, the national minimum wage will rise 3.5 per cent to $24.94 an hour, and wages set under ...
Fannie Mae chief Pulte sends savage one-word message to Fed's Powell
The Fed's dilly-dallying on rate cuts means homebuyers will have to wait for lower mortgage rates, a fact that hasn't been ...
Tariff Tracker, June 21: Hong Kong dollar declines, but investors wary of US assets
The US Federal Reserve this week held interest rates steady for the fourth time in a row. On Friday, the Hong Kong dollar ...
Frustrated Trump suggests 'maybe' he will need to change his 'mind about firing' Fed chair Jerome Powell
President Donald Trump, frustrated by a lack of interest rate cuts, floated the idea of firing Fed Chair Jerome Powell as he continued lambasting Powell.
As Trump lobs criticism at the Fed, investors watch and wait: The week in markets
Meanwhile, 2 Congressional moves — one impacting clean energy and solar tax credits, the other, crypto — shaped market action.