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Trump threatens to fire Powell if he doesn’t leave Fed board; probe to continue
President Donald Trump threatened to fire Jerome Powell from his separate seat on the Federal Reserve Board of Governors if he does not vacate that post as well when his term as Fed chief ends.
Fed’s Powell says Trump is stuck with him until DOJ probe is ‘well and truly’ over
Federal Reserve Chair Jerome Powell pledged not to leave the central bank until a criminal investigation of him by the Justice Department is resolved.
Fed holds rates steady as war in Iran clouds outlook
The Federal Reserve again left interest rates unchanged, ignoring President Donald Trump’s demands for cuts while acknowledging the war with Iran increases uncertainty.
Judge orders Trump administration to continue funding consumer watchdog agency
A federal judge ordered the Trump administration to continue funding the U.S. Consumer Financial Protection Bureau indefinitely, saying top officials had unlawfully refused to do so.
Judge blocks subpoenas against Fed Chair Powell
A federal judge said he was blocking subpoenas that the Justice Department served to Federal Reserve Chair Jerome Powell.
Consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices picked up in February as the cost of gasoline increased in anticipation of an escalating war in the Middle East.
Economy unexpectedly loses jobs, unemployment rises in February
The U.S. economy unexpectedly shed jobs in February and the unemployment rate increased to 4.4%, potentially hinting at a deterioration in labor market condition.
Iran war poses new risk to US economic resilience
The U.S. economy faces a new test likely to ratchet up uncertainty after President Donald Trump's decision to launch open-ended attacks against Iran.
With tariff rates uncertain, the economic fog again thickens
Uncertainty has been rekindled after the U.S. Supreme Court struck down key parts of President Donald Trump's tariff plans and his ensuing suggestion of substantial levies coming in an attempted workaround.
Government shutdown weighs on economic growth in Q4
U.S. economic growth slowed in the fourth quarter with government spending posting its biggest decline since 1972 because of last year's shutdown.
Consumer prices rise less than expected in January
U.S. consumer prices increased less than expected in January, but underlying inflation firmed as businesses raised prices.
US job growth accelerates in January, unemployment rate falls to 4.3%
U.S. job growth accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability.
