Treasury Secretary Bessent turns up heat on Fed’s Jerome Powell
Treasury Secretary Scott Bessent, who for the past year has been seen as the Trump administration’s moderating voice on Jerome Powell,...
White House plan would let Americans tap 401ks for down payments
President Trump will issue a plan next week for letting Americans tap their 401(k) retirement accounts for a down payment on a...
Dow jumps and oil firms gain after Maduro’s ouster
Energy and defense stocks rose after the US ousted Venezuela’s president, Nicolás Maduro, and President Trump pledged American drillers would revive...
US economy grows at a higher than expected 4.3% in 3rd quarter
The US economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed...
Fed cuts rate by quarter point
Federal Reserve officials cut interest rates at their third consecutive meeting, but signaled little appetite for more amid unusual internal...
Bonds are heading for best year since 2020
Almost everything has lined up for bonds lately. The Federal Reserve has been cutting interest rates, job growth and consumer...
The Dow climbs 500 points
Stocks were mostly higher Tuesday, as investors considered signs of labor-market weakness and a likely end to the government shutdown....
President Trump suggests $2k payouts to Americans as he defends his tariffs
President Trump suggested tariff revenue could be used to fund payments of at least $2,000 to most Americans. This suggestion...
Supreme Court appears skeptical about Trump’s tariffs
President Trump’s global tariffs appeared to be on shaky ground after Supreme Court justices expressed skepticism during a hearing on...
NASDAQ slides in tech sell off
A note of caution is creeping into markets. Stocks stumbled early Tuesday, with the tech-heavy Nasdaq composite leading declines. Wall...
Inflation is up, but less than expected
Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear...
The rest of the world is following America’s retreat on EV’s
The US retreat from its electric-vehicle ambitions is spreading around the globe. In Canada, Prime Minister Mark Carney paused an...