The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

The new tariff rates came before an Aug. 1 deadline Trump gave about 180 countries to either reach trade deals or face higher ...

In a post on his Truth Social platform, Trump called Powell 'stubborn' and accused him of failing to act despite low ...

U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues to refuse to lower interest rates. "Jerome 'Too Late' Powell, a stubborn ...

Jerome 'Too Late' Powell, a stubborn MORON, must substantially lower interest rates, NOW,' says US president in his latest ...

For the first time in more than three decades, two of the seven members of the central bank’s board voted against chair to lower rates.

Trump initially imposed the Friday deadline after his previous “Liberation Day” tariffs in April resulted in a stock market panic. His unusually high tariff rates unveiled then led to recession fears, ...

Trump has promised that his tax hikes on the nearly $3 trillion in goods imported to the United States will usher in newfound ...

Stock futures moved sharply lower Friday morning as investors reacted to news that the U.S. plans to impose higher tariffs on ...

Apple posted its current-quarter revenue forecast well above Wall Street estimates, but CEO Tim Cook warned US tariffs would add US$1.1 billion in costs over the period. The stock was up 1.5%.