News

Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
Federal Reserve governor to step down from role early
Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...
Federal Reserve Governor Kugler, part of the committee that sets interest rates, is resigning
Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior ...
Trump fumes at Powell, urging Federal Reserve board takeover
President Trump fumed at Federal Reserve Chair Jerome Powell on Friday morning, urging the central bank board to wrest ...
Is credit card debt forgiveness still worth it with interest rates paused?
Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?
Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates
July's job growth was 114,000, fewer than the expected 176,000. The unemployment rate also increased that month.
Treasury Yields Rise in July as Fed Cut Seen Elusive
Treasury yields rose for the month as markets grew more concerned about the impact of tariffs and the Fed looked increasingly unlikely to cut interest rates soon.
Trump urgently wants Jerome Powell to cut interest rates. That won't happen this week, economists say.
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...