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 ...

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

President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Her dismissal could ...

Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including the ...

Global central bankers gathered at a U.S. mountain resort over the weekend are starting to fear that the political storm ...

White House flags the possibility of the U.S. government taking stakes in other companies after Intel investment ...