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The president has increased pressure on Federal Reserve Chair Jerome Powell to lower interest rates, claiming that reduced ...
The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top ...
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
The president's comments ended speculation that the treasury secretary would be in the running to succeed Jerome Powell, whose term ends in May 2026.
The president said he would soon announce a replacement for departing Fed Gov. Adriana Kugler, adding that it's a ...
After five years of a hot housing market, demand has cooled down because buyers can’t bear higher prices amid persistent high interest rates, and they’re fed up with the asking prices.
European shares closed higher on Tuesday, buoyed by better-than-expected corporate earnings and renewed optimism that the ...
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the ...
SoFi reports that FHA loans are ideal for first-time buyers with lower credit scores and smaller down payments, though they ...
July's dismal jobs report showed that the economy added only 73,000 jobs instead of the expected 100,000 and revised away 258 ...
A dismal July jobs report has lifted expectations for fall rate cuts. But just how low could the fed funds rate be by year's ...