The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future ...

The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...

Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four ...

The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...

Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...

Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.