Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

Excluding the volatile food and energy categories, core inflation increased 2.9 percent in June from a year earlier, up from ...

WASHINGTON (AP) — President Donald Trump and Sen. David McCormick of Pennsylvania will jointly announce roughly $70 billion ...

Overall, grocery prices rose 0.3% last month and are up 2.4% from a year earlier. While that is a much smaller annual ...

President Biden in November 2024, to the chagrin of some Trump allies, had allowed Ukraine to use ATACMS, leading the ...

Inflation jumped in June hitting its highest mark in months amid Trump’s tariffs threat - Inflation rose 0.3 percentage points in the last month and 2.7 percent in the past year ...