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REPUBLICANS on Thursday moved closer to clawing back billions in federal spending and passing a package of crypto bills, advancing more pieces of President Trump’s agenda. The ...
Retail sales rose 0.6% in June from May, surpassing expectations for a 0.2% increase. U.S. stock rose on a busy day for corporate earnings, with the tech-heavy Nasdaq leading the way and hitting a new ...
Lifted a ban on sales of powerful computer chips to China, potentially helping the US’s top rival close the gap in the AI race. Told GOP lawmakers he would soon fire Federal Reserve Chair Jerome ...
As of this reporting, on July 16, a little after 4 p.m. on the East Coast, President Trump is not going to fire the Fed head, ...
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...
Just as baseball teams decide to be "buyers" or "sellers" at midseason, households and businesses should assess their economic outlook to determine whether to spend and invest or save resources.
The causal pathways by which tariffs could cause a recession seem dormant. Trade policy turmoil is the new normal, and may not create as much economic damage as feared.
San Francisco Federal Reserve President Mary Daly reiterated on Thursday it is "reasonable" to expect two interest rate cuts ...
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s bid to assert control over the Federal ...
The Federal Reserve's] hesitancy to cut rates, I think, is actually … quite a mark against them,” former Fed governor Kevin Warsh said.
President Donald Trump may ultimately get his wish for lower interest rates, but it isn’t likely to be the result of his ...
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