Articles by Jeff Cox
President Donald Trump on Wednesday again threatened to fire Federal Reserve Chair Jerome Powell and said the probe into the renovation of the central bank's headquarters needs to continue.
If PowelοΏ½...
Consumer prices spiked in March as the Iran war sent energy costs soaring and took the Federal Reserve further from its inflation target, according to a Bureau of Labor Statistics report Friday. UndeοΏ½...
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey Friday.
The univeοΏ½...
Core inflation held above the Federal Reserve's target before the recent surge in energy prices, according to a key gauge released Thursday that offers the central bank a snapshot of conditions leadiοΏ½...
The Bureau of Labor Statistics will not be releasing the January jobs report as scheduled Friday due to the partial government shutdown, a department spokesman confirmed Monday.
"The Employment SituοΏ½...
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace in November, according to economic data released Wednesday.
The producer price index, a measure of final demaοΏ½...
As the Justice Department continues its investigation into the Federal Reserve, the next front in the central bank's quest to maintain political independence shifts to the Supreme Court.
On Jan. 21οΏ½...
The U.S. trade deficit six months into President Donald Trump's tariffs tumbled to its lowest level since mid-2009, the Commerce Department reported Thursday.
With exports rising and imports fallingοΏ½...
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee at the U.S. Federal Reserve in Washington, Dec. 10, 2025.
The FederοΏ½...
National Economic Council Director Kevin Hassett, one of the finalists for the Federal Reserve chair job, showed support Tuesday for central bank independence.
With President Donald Trump apparentlyοΏ½...
