Experts warn Donald Trump must provide valid reasons for removal, as current evidence does not support claims of mismanagement.

In the letter, Fed chair Powell countered criticisms leveled at the central bank over a renovation project.  Read more at ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...

Trump diagnosed with chronic venous insufficiency, White House says Trump’s tariffs are turning into a ‘mosaic’ that will be ‘idiosyncratic,’ Morgan Stanley says, projecting a $2.7 trillion haul over ...

The ongoing tension between President Trump and Federal Reserve Chair Jerome Powell has reached a critical juncture. Trump's ...

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been ...

The US Dollar Index, which measures the greenback against a basket of major currencies, fell 0.2% in Asia hours, but headed ...

A July easing could be followed by more rate cuts, as the Fed no longer needs a monetary policy stance designed to slow the economy, Waller said, noting the Fed’s interest rate target is well above ...

Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 climbed 0.5% to top its all-time ...

Mr Powell maintains that Mr Trump has no authority to fire him – “not permitted under the law”, he said in November – and ...