Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, appliances, and other goods, economists forecast.

Global stock markets rallied on Tuesday as investors focused on upcoming U.S. earnings, inflation data and the latest on ...

In recent months, critics of President Donald Trump’s tariff campaign have braced for an unwelcome rise in the inflation rate. That moment may have arrived.  Prices rose 2.7% in the 12 ...

The US central bank is grappling with housing issues on three fronts: inflation, rate policy, and its own headquarters.

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...

The process to choose the next head of the Federal Reserve is getting under way, Treasury Secretary Scott Bessent said, suggesting that when current Chair Jerome Powell is replaced, he should also ...

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.

President Donald Trump's sweeping tax-cut and spending bill, which cleared its final hurdle in the U.S. Congress earlier this ...

FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol as Republican lawmakers struggle to ...

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...