Economy
New inflation report could fuel concerns over higher interest rates, even as oil prices fall
A closely watched inflation report is set to reveal how much price growth picked up in May — as many Americans remain mired in an affordability crunch.
Trump signs orders calling for powerful quantum computer
President Donald Trump ordered a push to build a quantum computer for research and speed efforts to protect government systems from related cyber threats.
Trump’s new Fed chair is confirming some of Wall Street’s ‘fears’
It did not take long for President Donald Trump’s new Federal Reserve chair to signal a change of direction for the central bank with one tiny dot — or in this case, the lack thereof.
Inflation and Kevin Warsh take center stage at the Federal Reserve’s interest rate meeting
Rising inflation and new Federal Reserve chairman Kevin Warsh take the stage when the central bank meets to decide on the path forward for interest rates.
Powell warns that politicizing the Federal Reserve would cost public trust
U.S. Federal Reserve Governor Jerome Powell warned about the impact of a politicized Fed and called for the defense of democratic institutions.
Key inflation gauge worsens as Americans’ income and spending power erodes
A key inflation gauge accelerated in April to the highest level in years, squeezing Americans’ finances and creating political challenges for President Trump.
Kevin Warsh sworn in as Fed chair, but Trump’s rate cuts look increasingly unlikely
Kevin Warsh was sworn-in Friday as the new chair of the Federal Reserve, the world’s most influential central bank