The Fed wields extensive power over the US economy. By cutting the short-term interest rate it controls — which it typically does when the economy falters — the Fed can make borrowing cheaper and ...

On Friday, stocks jumped after U.S. Federal Reserve Chair Jerome Powell hinted at the Jackson Hole Symposium that an interest ...

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing ...

President Donald Trump fired Federal Reserve governor Lisa Cook Monday evening, intensifying a pressure campaign on the ...

WASHINGTON: President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday, an unprecedented move that ...

Trump cited a "criminal referral" from Federal Housing Finance Agency Director William Pulte against Cook, the first Black ...

President Donald Trump moved to oust Federal Reserve governor Lisa Cook over unproven allegations of mortgage fraud, ratcheting up efforts to push the central bank to do his will. In a letter to Cook ...

Major stock indexes eased on Monday after gaining on Friday when U.S. Federal Reserve Chair Jerome Powell indicated that a ...

Federal Reserve Chair Jerome Powell on Friday opened the door to an interest-rate cut, surprising many economists.

The best market indicator for the next several months may not be the market expectations of Fed Funds rates but rather the ...

President Donald Trump says he's firing Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater ...