Consumer prices likely rose slowly in May, as measured by the Federal Reserve's preferred gauge of inflation, Personal Consumer Expenditures.

The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more persistent inflation is large enough for the central bank to be careful in ...

President Trump told reporters that he is actively considering replacements for Federal Reserve Chairman Jerome Powell, and ...

The Chair of the Federal Reserve says financial markets are dealing with a unique set of circumstances that may be ...

WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators ...

Federal Reserve Chair Jerome Powell made clear this week that he’s not ready to give in to demands by President Donald Trump to immediately cut U.S. interest rates. So what would convince him?

NEW YORK (AP) — U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following ...

President Donald Trump said he's already looking for a new Fed chair to replace Jerome Powell and has narrowed his search to '3 or 4 people' ...

The Trump administration has filed a lawsuit against federal judges in Maryland over an order that blocks the immediate removal of any ...

Shell (NYSE:SHEL) has denied a report that it is in talks to acquire oil rival BP (NYSE:BP). “This is further market ...

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...